Sustain and Grow the Maturity of Innovation in Your Enterprise
Going to the next level of maturity for innovation.
Onsite Workshop
An innovation program that does not have a formalized process inherently exhibits many flaws:
- Innovation projects are not achieving the desired return.
- Innovations are low level.
- Innovation initiatives are dispersed and the department doesn’t have a grasp on innovation as a whole.
Formalizing the innovation process will allow for improved efficiency, quality, and management of innovations:
- Returns will be maximized through a portfolio-based approach.
- Managing the psychological capital of the innovation program will enable the creation of high-level innovations.
- Updating the IT strategy to formalize the innovation process allows for more structured management of innovations.
Module 1: Pre-Work
The Purpose
- Gather data that will be analyzed in the workshop.
Key Benefits Achieved
- Information gathered with which analysis can be performed.
Activities: | Outputs: | |
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1.1 | Do an inventory of innovations/prototypes underway. |
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1.2 | High-level overview of all existing project charters, and documentation of innovation program. |
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1.3 | Poll working group or key stakeholders in regards to scope of innovation program. |
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Module 2: Scope and Define
The Purpose
- Scope the innovation program and gain buy-in from major stakeholders.
Key Benefits Achieved
- Buy-in from IT steering committee for innovation program improvements.
Activities: | Outputs: | |
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2.1 | Establish or re-affirm values for the program. |
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2.2 | Run an initial assessment of the organization’s innovation potential (macro level). |
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2.3 | Set/reaffirm scope and budget for the program. |
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2.4 | Define or refine goals and outcomes for the program. |
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2.5 | Confirm/re-confirm risk tolerance of organization. |
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2.6 | Update/document innovation program. |
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2.7 | Create presentation to gain support from the IT steering committee. |
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Module 3: Assess and Aspire
The Purpose
- Analyze the current performance of the innovation program and identify areas for improvement.
Key Benefits Achieved
- Identify actionable items that can be undertaken in order to improve the performance of the innovation program.
Activities: | Outputs: | |
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3.1 | Assess your level of innovation per innovation project (micro level). |
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3.2 | Update the risk tolerance level of the program. |
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3.3 | Determine if your blend of innovation projects is ideal. |
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3.4 | Re-prioritize your innovation projects (if needed). |
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3.5 | Plan update to IT steering committee. |
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3.6 | Assess positive innovation assessment of team. |
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3.7 | Opportunity analysis of innovation program and team. |
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Module 4: Implement and Inspire
The Purpose
- Formalize the innovation program by tying it into the IT strategy.
Key Benefits Achieved
- A formalized innovation program that is closely tied to the IT strategy.
Activities: | Outputs: | |
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4.1 | Update business context in terms of impact on IT implications. |
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4.2 | Update IT strategy in terms of impact and benefits of innovation program. |
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4.3 | Update/create innovation program implementation plan. |
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4.4 | Plan update for IT steering committee. |
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