by David Matheson | Feb 10, 2021 | Innovation Management
DuPont Safety & Construction Case Study: How DuPont S&C Revitalized Growth SmartOrg helped DuPont Safety & Construction cut through the clutter in its innovation portfolio to uncover hidden value and unlock rapid growth. Watch this 90-second overview, and...
by SmartOrg | Feb 10, 2021 | Innovation Management
Opportunity Cost Cost of opportunity = the resources required to pursue a selected opportunity. Opportunity cost = the foregone value of the opportunities you did not select. When innovation projects are funded, they are still often neglected in favor of other...
by David Matheson | Feb 3, 2021 | Innovation Management, Strategic Portfolio Management
Dialogue to Drive New Growth If resources were unlimited, Innovation (R&D and New Product Development) and Finance would never be in conflict: every idea would be fully funded and staffed. In a resource-constrained world, Innovation and Finance often work at...
by David Matheson | Dec 9, 2020 | Strategic Portfolio Management, ValuePoint™
Big Growth Goals By the third day of SmartOrg’s annual Community of Practice for executives in Strategic Portfolio Management (SPM), one of the participants had an epiphany: “I used to think that SPM was just project roll-ups for reporting and make some incremental...
by David Matheson | Nov 12, 2020 | Innovation Management, ValuePoint™
The Paradox Innovation is important. The problem is it isn’t very effective. At a recent event, my colleague, Ralph Morales III, polled the audience on the importance and effectiveness of innovation, and a paradox emerged: innovation is important but ineffective. ...
by David Matheson | Oct 6, 2020 | Practitioners Guide to Project Evaluation, Professional Development
How Big? Share and Penetration Market share and penetration represent two different aspects of how innovation changes the world. Penetration represents how a new technology enters the world and its acceptance into the world. Market share represents how well you...