Portfolio Identification and Management

Knowing where in your business to focus your innovation efforts can be just as important as knowing how to do it. Smart organizations know they need a varied portfolio of innovation projects in the pipeline that range from incremental improvements to strategic breakthroughs. Such an approach keeps their existing customers happy and brings in new customers over time. This process of preserving the core and evolving to meet future market needs requires that organizations develop and nurture a balanced portfolio of innovation projects.

BMG’s faculty will show you what it takes to build a robust innovation pipeline that both sustains and evolves your business model over time. We’ll talk about proven methods today’s innovation elite companies use to identify projects for innovation and plot them along a continuum from sustaining to disruptive innovations. We’ll show you techniques your organization can use to brainstorm, prioritize and develop innovations that fill out your innovation portfolio.

We’ll also show you specific project pipeline development tools you can put to use immediately, such as outcome-based thinking, methods for incorporating Voice of the Customer and the concept of ideality. We’ll talk about how you can guide your company’s future using trend prediction tools, and how to build a robust innovation pipeline from A to Z.