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Accelerating Time-to-Market to Gain Competitive Advantage | Carlisle & Gallagher Consulting Group
 

Accelerating Time-to-Market to Gain Competitive Advantage | Carlisle & Gallagher Consulting Group

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A Carlisle & Gallagher Consulting Group point-of-view on how speeding up product delivery (time-to-market) can help organizations gain competitive advantage. Learn what elements are vital to the ...

A Carlisle & Gallagher Consulting Group point-of-view on how speeding up product delivery (time-to-market) can help organizations gain competitive advantage. Learn what elements are vital to the creation of a time-to-market strategic framework.

This is a supplementary presentation to our white paper that provides a framework to improve the time it takes to deliver a new product or make enhancements to an existing offering. It also includes a roadmap for optimizing time-to-market composed of short-term efforts that can have immediate pay-off with minimal investment, as well as longer-term efforts required to establish the capabilities needed to optimize time-to-market.

Download the report at www.carlisleandgallagher.com/insights

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  • Information provided is as of January 2013CG has built a strong reputation and deep client loyalty by always doing the right thing for their clients.We do what we say we’ll do. We are dedicated to delivering results and we are accountable for the work we do.We are highly responsive to clients’ needs. We help them meet tight deadlines, solve critical problems, and plan for future chal­lenges. We won’t let our clients waste money or pursue initiatives that don’t add value to their businesses. We’re focused on helping clients identify and implement strategies that help their businesses function more effectively and drive growth. If we see clients investing time, money, and resources in an initiative that doesn’t do any of the above, we’re going to tell them because it’s the right thing to do and it’s what CG is all about.As a private firm, CG has the unique ability to accommodate clients’ needs, share risk when necessary, and make long-term decisions for clients and the firm.
  • Shows concurrency of phases
  • Shows concurrency of phases
  • Shows concurrency of phases
  • Shows concurrency of phases
  • Shows concurrency of phases

Accelerating Time-to-Market to Gain Competitive Advantage | Carlisle & Gallagher Consulting Group Accelerating Time-to-Market to Gain Competitive Advantage | Carlisle & Gallagher Consulting Group Presentation Transcript

  • INSPIRED TO HELP YOU SUCCEED Accelerating Time-to-Market: Gain the Competitive Advantage Updated July 2013 DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS A Carlisle & Gallagher Consulting Group Point-of-View
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED2 About Us Who We Are  Management and technology consulting firm  Founded in 2002  President and CEO: Bob Gallagher  Headquartered in Charlotte, NC  Privately held firm with an average 35% CAGR since inception  Revenue: $120M+  Consultants average over 10 years of financial services experience What We Do  Our Focus. Financial Services Industry  Our Services. Advisory, Delivery, and Business & Technology Operations  Our Goal. Dedicated to solving clients’ most critical business and technology problems  Our Clients. 7 of the 10 largest financial services institutions in the U.S. Every person at CG is dedicated to helping your organization succeed. We’ve built a strong industry reputation and deep client loyalty by always doing the right thing for our clients. And as a private company, we are uniquely able to go the extra mile in putting your needs first. inspired to help you SUCCEED
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED3 While product innovation alone can give financial institutions an edge against their more stagnant competitors, speed in bringing products to market is imperative. Time-to-Market Defined  The amount of time it takes to design and develop a product or make enhancements to an existing product and get it into the marketplace.  Whether companies seek to shape and lead an industry or product segment, or they simply are content to have a fast follower strategy, speed wins the race.  Accelerating time-to-market brings significant benefits: – Strategic first-mover or fast follower advantage – Higher return on investments – Decreased project costs – Faster Re-deployment of resources – Value-creating opportunities  Consistently bringing products and offerings to market puts a firm in a more valuable position in the eyes of its customers, cultivating long-term success. “Accelerating Time-to-Market”  Our report provides a framework to improve the time it takes to deliver a new product or make enhancements to an existing offering.  Includes a roadmap for optimizing time-to-market composed of short-term efforts that can have immediate pay-off with minimal investment, as well as longer-term efforts required to establish the capabilities needed to optimize time-to-market.  Download the report at www.carlisleandgallagher.com/insights Overview
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED4 A time-to-market framework provides organizations with a vision for improving automation and develop strong execution capabilities. Time-to-Market Framework Plan for the Future Product Architecture Execution Capabilities Define & Measure Goals DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED5 Organizations accomplish what is measured and incented, and time-to-market is no different. Time-to-Market Framework: Define and Measure Goals Define & Measure Goals To measure and improve time-to- market, establish goals and hold individuals accountable for meeting them. Goals should be established: 1. Around a “standard” timeframe to launch a product or feature 2. Across each key step in the product or feature launch process DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED6 A time-to-market framework provides organizations with a vision for improving automation and develop strong execution capabilities. Time-to-Market Framework: Planning for the Future Plan for the Future Time-to-market requires planning at the feature and capability level rather than just at the product level. Products and features are often developed to meet specific needs, successful time-to-market approaches includes planning for the features and capabilities that span across products. DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED7 Improve time-to-market by identifying automation needs and business processes impacted when products are created or modified. Time-to-Market Framework: Product Architecture Product Architecture Product architecture is the features, business processes, and technology components that: • Define the products • Are required to create, modify, and support them DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED8 It will become increasingly important for financial institutions to build “world class” execution capabilities as markets become more complex and customers demand faster introduction of new, quality products. Time-to-Market Framework: Execution Capabilities Execution Capabilities Products and features cannot be delivered into the marketplace exclusively through automated processes. Execution capabilities will determine the ability to get products to market quickly: • Optimize Delivery Methods • Acquire and Build Skills • Manage Vendors DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED9 Product architecture provides a view of the features, business processes, and technology components that make- up products, and therefore are required to create, modify, and support them. Product Architecture Products& Features Product Definition Product Features Solution&Technical Architecture Solution Architecture Technology Architecture PRODUCT 1 PRODUCT 2 FEATURE FEATUREFEATURE FEATUREFEATURE OperationalProcess Legal & Compliance Risk Management PR Servicing Finance / Accounting Others Application Architecture Integration Architecture Infrastructure Architecture Data Architecture HARDWARE APPS INTERFACES DATA 3RD PARTIES SERVICES DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED10 Highlights the product features that need to be automated based on the product strategy. Product Architecture: Products and Features Describes the comprehensive feature-set that makes up the product (e.g. for a credit card: APR, fees, payment terms, loyalty program, etc.) DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS Products& Features Product Definition Product Features PRODUCT 1 PRODUCT 2 FEATURE FEATUREFEATURE FEATUREFEATURE
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED11 Pinpoints the elements of the technology architecture required to enable automation. Product Architecture: Solution and Technical Architecture DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS Solution&Technical Architecture Solution Architecture Technology Architecture Application Architecture Integration Architecture Infrastructure Architecture Data Architecture HARDWARE APPS INTERFACES DATA 3RD PARTIES SERVICES Defines the underlying technology processes and platforms impacted whenever a new product or feature is developed or changed. Technology infrastructure supports the development, modifications, and on-going operations of the product and related features.
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED12 Identifies the business processes impacted when launching or modifying new products or capabilities. Product Architecture: Operational Process Outlines the operational processes supporting the product and the impact across them whenever a product is created or feature modifications are made. DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS OperationalProcess Legal & Compliance Risk Management PR Servicing Finance / Accounting Others
  • © 2013 Carlisle & Gallagher Consulting Group. Proprietary and Confidential.INSPIRED TO HELP YOU SUCCEED13 A three phase approach along with clearly defined metrics to measure progress is key for successful time-to-market capabilities. Moving Forward: Building the Roadmap Assess Current State & Define Initial Quick Wins 2-3 MONTHS Define Target State & Roadmap 2-3 MONTHS Implement Roadmap VARIES DOWNLOAD OUR TIME-TO-MARKET WHITE PAPER AT WWW.CARLISLEANDGALLAGHER.COM/INSIGHTS
  • About Carlisle & Gallagher Consulting Group Carlisle & Gallagher Consulting Group (CG) is a management and technology consulting firm that delivers large-scale, complex technology solutions for the world’s leading financial services organizations. We help our clients solve their most critical business and technology problems, meet tight deadlines, and plan for future challenges in an industry operating under unprecedented change and competitive pressures. Headquartered in Charlotte, NC, CG is inspired to help our stakeholders succeed – from clients to employees to the Communities in which we live and work. For more information, visit www.carlisleandgallagher.com. Carlisle & Gallagher Consulting Group 212 South Tryon Street, Suite 800 Charlotte, NC 28281 O: 704.936.1600 | F: 704.936.1631 @InspiredbyCG