Road mapping, Architectures, Portfolio & competence management
Translate your business and innovation strategy into actionable innovation steps in a roadmap, making the right innovation choices to reach your strategic goals, based on re-usable architectures and effective portfolio management, while building your future innovation competences.
By making smarter choices you can move from having individual ideas to producing a continuous stream of profitable innovations. You can reduce cost and time-to-market by developing product / system architectures that can be re-used to address a range of market segments. Also, our consultants work with you to guarantee robustness and maximize the value of your innovation portfolio and ensure you are building the right competences for the future.
Innovation road mapping
We help you set-up, design and implement robust, future-proof innovation road maps covering all the critical steps from translating your business strategy to the right projects to increase competiveness. Our approach and methodologies are tailored to your own industry, innovation processes and type of technologies.
Creating strategic architectures
We help you translate your innovation roadmap into sound product architectures and platforms that form the basis of your current and future product ranges. This comprehensive process covers: capturing requirements, system integration and verification, commonality, re-use, modularity, keeping strategic options open and much more. The resulting architectures enable you to develop high quality, customer friendly, next generation products faster and at lower cost.
We help you make the right choices on which innovation projects to pursue to realize your business growth ambitions. Our well-proven process aligns your innovation project portfolio with your strategy, maximizes the portfolio value, balances the portfolio in terms of e.g. time and risk, and matches resource demand with resource availability.
To learn how large complex organizations handle challenges of innovation portfolio management, Philips Innovation Services interviewed ten innovative multinationals. The white paper that will be available soon outlines a high-level summary and our main findings and observations.
We provide a snapshot of your core competences – both technical and ‘soft’ skills such as communication and networking. Then we benchmark these against your ambitions and roadmap to highlight your strengths and weaknesses. This helps you establish long-term competence management plans aligned with your innovation strategy, and to identify areas you can strengthen through acquisitions, partnerships or training.
We help you deliver
- Business strategy translated into actionable innovation steps
- Linked short, medium and long-term pipe-line of innovation over time
- Full benefits of architectures: develop once, use many times over segments and product generations
- Portfolio of projects that support your strategy
- Maximum value of the portfolio in terms of your company objectives (e.g. profitability, ROI in the short, medium and long term)
- Right balance between new and existing products, risk and reward, between the resources available and the projected outcomes
- Clear and feasible competence building plan
Benchmark study on multi-level innovation portfolio management
Portfolio Management provides the logic and linkage between strategic intent and the innovation initiatives to deliver performance and growth.
Learn how other large complex organizations handle challenges of innovation portfolio management. Philips Innovation Services interviewed ten innovative multinationals.
This white paper outlines a high-level summary and our main findings and observations.
The white paper will be available soon.
What our partners value
“Without Industry Consulting it would not have happened”
Division Head, MEMS & Micro Devices, Innovation Services
“The Industry consulting group delivered significant value for our business. They took a tight timeline, with limited opportunity to prepare, and delivered an effective workshop ensuring broad team engagement.”
VP Strategy & Business Development
Philips Professional Services
“The industry consulting service of Philips Innovation Services has, again, proven to be able to deliver very professional service with excellent results on a very short timescale.”
Global Business Unit OLED Lighting
“Philips Innovation Services has inspired us to introduce the Mass Customisation approach in our product development. Paul Hissel, Senior Consultant Innovation Management, helped us tremendously to implement this approach and define a new product architecture. Our goal was to offer more client specific solutions without the increasing engineering costs that normally comes with it. We have succeeded in our goals with the development of a new product family that exceeds the expectations of our customers: The Speedlane Lifeline series.”
Royal Boon Edam International BV
“The wargame we did was a very helpful exercise to help us shape our minds clearly in what directions to proceed with our strategy. This is one of these instances where a management team has to invest the time and really put in the preparation to make it work well and the support by Innovation Services proved to be value adding.”
“Thanks to the insights generated with the approach and methodology we made a big step in understanding our business and the way to make it even more profitable than today. I am very pleased to associate Industry Consulting with this great achievement. Thank you for your continuous and efficient support.”
Global Platform Program Manager Outdoor
Philips Lighting France
“During an intensive change process, the consultants of Philips Innovation Services – Industry consulting guided us in the improvement of our innovation system. They assisted us with every relevant aspect to set our innovation strategy, to improve our innovation portfolio and to objectively evaluate running and finished projects. They assisted us with in-depth knowledge and a practical approach, tailored for our company. This was not limited to a theoretical advise, but it included the on-the-job implementation.”
Manager Research & Development
IHC MTI B.V.
Check out our related services
We support your strive for business excellence and growth. We develop and optimize your innovation & operational processes. In all this, customer orientation, quality and speed are our focus.