Are you an innovation leader looking to enhance your financial acumen? Our comprehensive workshop is designed specifically for innovators like you, providing you with the essential knowledge and tools to excel in financial calculations.
This workshop will guide you through various financial calculations used in innovation. From calculating the net present value to decision-and-risk analysis, you will gain a solid understanding of these crucial tools. We will also explore how to construct and analyze a financial business case, covering critical applications such as sensitivity analysis, tornado diagrams, and real options analysis.
Spencer Pugh, Ph.D., will share practical illustrations based on real-world experiences, making the learning process engaging and relatable. To ensure hands-on learning, we have incorporated break-out sessions that will boost your confidence in applying these concepts effectively.
Upon completing this workshop, you will be equipped with the skills to develop and present financial analyses that will augment your technical and strategic work. By adding this financial expertise to your repertoire, you will create more value for your organization.
Disruptive innovation in the 21st century goes beyond low-end products and services, taking market share from established companies. It is a pattern of disruptions driven by digital technologies and advancements.
Join the workshop led by Marguerite Johnson, a leader in transformational growth strategies in innovation. Her expertise includes Innovation Strategy, Disruptive Innovation, Digital Transformation, Ideation, Customer Insights, Marketing and Business Plans, Channel and Distribution Marketing, Digital Business Models and Platforms, Open Innovation, Co-Creation, and Innovation Ecosystems.
Engage in our discussion:
Embracing disruptive innovation requires a mindset shift from fear of destruction to a focus on value creation.
Customer engagement is crucial in creating value through disruptive innovation.
Disruptive innovation challenges the status quo and forces industries to adapt and evolve.
Disruptive innovation can lead to the creation of entirely new markets and industries.
Prioritizing proposed innovation projects can be challenging. Making informed decisions requires a look at both strategic and financial valuation. To hone your skills in these areas, join us for a TRACK Workshop on Portfolio Management in Product Development and Research.
Key Takeaways
Gain a strategic basis for portfolio planning
Determine strengths and weaknesses of common product valuation metrics
Explore product pipelines, life cycles and horizons
Discover how to align valuation with strategy
Find out how to create technology and product roadmaps
Robert Cooper and Anita Friis Sommergave a brief presentation of their multidimensional Value Based Scorecard (VBS),
which they developed using proven, research-based criteria. Companies can use their VBS to select and prioritize NPD projects effectively, using a forward-looking approach with real-time and reliable data. Companies lacking effective NP portfolio management—too many projects, difficulty killing weak projects, no portfolio or project selection system, and a low value portfolio for the resources spent—may find Bob and Anita’s dynamic portfolio management solutions helpful.
Click below to watch the complete session recording!
