R&D Portfolio Management
Enhance your ability to manage the R&D Portfolio. Exploit best-practice tools and processes*, configured specifically to your company needs.
Manage and optimize portfolio value, risk, strategic alignment and balance. Benefit from advanced financial modeling, fully integrated to R&D program data, with dynamic aggregation and advanced analytics.
End to end management of the complete R&D pipeline. From base technology, through to development and launch.
Interactive Roadmap – Phased Implementation
- Build market focus
- Prioritize effectively
- Align projects to strategy
- Manage value vs risk
- Reduce time to market
- Increase new product revenue
- Reduce late delivery
- Kill poor projects sooner
- Best-in-class integrated capability
- Manage all resources effectively
- Plan supply vs demand
- Continual improvement
GenSight Blueprint for R&D Portfolio Management
Methods & Tools
|Idea to Launch||Multiple R&D processes||A2||Level 4|
|Investment Model||Cost & sales, risk adjusted P&L||A1||Level 5|
|Portfolio Management||Value vs Risk, balance, prioritize||A1||Level 5|
|Strategy||Themes, gap analysis, scenarios||A2||Level 4|
|Resource Management||Supply vs demand, allocate & track||B||Level 4|
|Governance||Gatekeeping, control, workflow||C||Level 3|
|Business Analytics||BI Reporting, charts, dashboards||A2||Level 5|
|Project Management||Stages, deliverables, milestones||B||Level 4|
|Ideas & Collaboration||Ideas capture, sharing, ranking||C||Level 3|
R&D Mega Trends
Global Threats – It’s a startling picture. Next year China is set to overtake the USA in the amount invested in R&D. The US is already down to 11th place in R&D as a % of GDP. No longer a nation of cheap imitation, china is a formidable innovator. With their massive trajectory of growth in R&D spending, what will the picture look like in 5 years when that technology hits the market?
Disruption – Disrupt or be disrupted? Digital technology and new science affects every industry sector, from the obvious to the complete surprise. If you can’t yet see the impact in your industry, then be prepared for a shock, or work out how to create one.
Complexity – R&D is not just products, it’s about the whole innovation eco-system. The new media, networks and channels that connect you to your customers. And the big one, creating new business models. Threat or Opportunity…which is it to be?
HOW CAN YOU COMPETE?
Outspend – No longer will this be a winning option on the global economy. Yes, you can still outspend your immediate competitors, but as you can see it will not be enough to sustain an advantage in the global arena.
Outsmart – Focus. Choose your strategic priorities. Find better ideas, create better concepts, and pick the best projects. Relentlessly and objectively prioritize on the investments and activities that yield the best return.
Outpace – Accelerate the process of innovation and development. Get from initial concept through to value quicker, cheaper and repeatedly. Find your process to manage deliver R&D outcomes.
R&D Portfolio Capability Maturity – Phased Improvement
GenSight Innovation Management Framework™
GICIM™ Maturity Levels by Phase
GenSight is trusted by many of the world’s biggest and best innovators. Around 20 global product launches every day use GenSight.
We have a 25 year track record of success. Building the platform, delivering award winning solutions, supporting our clients.
- Cloud or On-Premise
- From 20 users to 5,000+
- Fully configurable, easy to use
- Flexible, rich user experience