1. Reinstitute a cross-functional leadership team to oversee the stage gate process and review projects at each gate. This provides accountability and ensures a portfolio view.
2. Reinstate clear gates with go/no-go criteria at ideation, concept, development, launch, and tracking stages. Gates prevent underdeveloped projects from advancing and focus resources.
3. Implement consistent project leadership from ideation through tracking to ensure proper execution. Leaders are accountable for success and have authority over cross-functional teams.
4. Conduct rigorous tollgate reviews that focus on challenging assumptions
Product Launch Checklist Go To Market Roll Out Marketing Plan PowerPoint Pres...SlideTeam
Product launch agenda will help you to manage step or item required for commodity success. With the help of our predesigned and well researched product launch checklist go to market roll out marketing plan PowerPoint presentation slides you can analyse market requirements easily. This new commodity launch PPT templates, product manager of the company can give direction of commodity marketing channel to senior management. Broadly, this deck consists of commodity overview, target audience, product/service positioning, new commodity/service launch, launch timeline, initiate planning, goods initiate detailed plan, phase wise tactics, marketing plan, and process etc. You can use this product line extension PowerPoint templates for all the related topics like marketing strategy, marketing plan, commodity requirements document, marketing requirement document, new goods development, new commodity introduction, software goods launch etc. The best thing about these completed advertising plan PPT is that you need not to stress present it on close deadline. Download now, our product launch checklist go to market roll out marketing plan PowerPoint presentation. Add your data in the editable diagrams and present with confidence to your audience. Add that extra with our Product Launch Checklist Go To Market Roll Out Marketing Plan PowerPoint Presentation Slides. Ensure your views get better coverage.
On Thursday 4 May 2023, Marel hosted an investor meeting where senior management gave an overview of the financial results and operational highlights in the first quarter.
Stratechi Sales Plan Presentation by McKinsey Alum.pdfStratechi.com
Visit https://www.stratechi.com/sales-plan-template to download the 54-page editable Sales Plan PowerPoint widescreen template created by a McKinsey consultant. The PowerPoint has all you need to get started on your sales strategy with slides packed full of agendas, charts, funnels, plans, timelines, geographic sales maps, images, icons, goals, mission, marketing strategy, account management, org charts, budgets, revenue trends, benchmarking, target customers, value proposition, change management, roadmaps, project plans, SWOT analysis, PESTLE Analysis, competitive advantage worksheet, initiatives, and many other topics necessary to create a winning sales strategy.
Every great product needs a clear, well-defined product roadmap. This Slideshare explains the whats, whys and hows of Product Roadmaps in plain English.
Product Launch Checklist Go To Market Roll Out Marketing Plan PowerPoint Pres...SlideTeam
Product launch agenda will help you to manage step or item required for commodity success. With the help of our predesigned and well researched product launch checklist go to market roll out marketing plan PowerPoint presentation slides you can analyse market requirements easily. This new commodity launch PPT templates, product manager of the company can give direction of commodity marketing channel to senior management. Broadly, this deck consists of commodity overview, target audience, product/service positioning, new commodity/service launch, launch timeline, initiate planning, goods initiate detailed plan, phase wise tactics, marketing plan, and process etc. You can use this product line extension PowerPoint templates for all the related topics like marketing strategy, marketing plan, commodity requirements document, marketing requirement document, new goods development, new commodity introduction, software goods launch etc. The best thing about these completed advertising plan PPT is that you need not to stress present it on close deadline. Download now, our product launch checklist go to market roll out marketing plan PowerPoint presentation. Add your data in the editable diagrams and present with confidence to your audience. Add that extra with our Product Launch Checklist Go To Market Roll Out Marketing Plan PowerPoint Presentation Slides. Ensure your views get better coverage.
On Thursday 4 May 2023, Marel hosted an investor meeting where senior management gave an overview of the financial results and operational highlights in the first quarter.
Stratechi Sales Plan Presentation by McKinsey Alum.pdfStratechi.com
Visit https://www.stratechi.com/sales-plan-template to download the 54-page editable Sales Plan PowerPoint widescreen template created by a McKinsey consultant. The PowerPoint has all you need to get started on your sales strategy with slides packed full of agendas, charts, funnels, plans, timelines, geographic sales maps, images, icons, goals, mission, marketing strategy, account management, org charts, budgets, revenue trends, benchmarking, target customers, value proposition, change management, roadmaps, project plans, SWOT analysis, PESTLE Analysis, competitive advantage worksheet, initiatives, and many other topics necessary to create a winning sales strategy.
Every great product needs a clear, well-defined product roadmap. This Slideshare explains the whats, whys and hows of Product Roadmaps in plain English.
Product roadmaps are an important product management tool. But traditionally, they map features onto a timeline that often extends many months into the future. This makes them hard to apply in an agile context where change and uncertainty are present. My talk shows how you can use agile product roadmaps, roadmaps that describe the value the product should create, align the stakeholders and development teams, and unburden the product backlog while avoiding premature commitments and preserving the ability to inspect and adapt.
VISION-STRATEGY-PRODUCT (VSP) Yacht: An Agile Plan to Rapidly Achieve Problem...Rod King, Ph.D.
It will soon be the third anniversary of the publication of Eric Ries's book, "The Lean Startup." The Lean Startup Method is the tsunami that will sweep all domains and levels of innovation. Yet sub-optimal tools like the BUSINESS MODEL CANVAS and LEAN CANVAS don't do justice to the power and versatility of the Lean Startup Method. The Vision-Strategy-Product (VSP) Yacht - which is based on Ries's VSP pyramid - visually presents a framework for comprehensively, rapidly, and correctly applying the Lean Startup Method.
http://goo.gl/m3iGdI
26 topline marketing strategies to launch a new brand, product or service. Includes a 1 page summary outlining the pros and cons of each approach as well as best in class examples. Designed as flashcards so that it can be printed out to help stimulate brainstorm sessions.
Most Commonly Used Stock Pitch Deck Powerpoint Presentation Ppt Slide TemplateSlideTeam
"You can download this product from SlideTeam.net"
Our Most Commonly Used Stock Pitch Deck Powerpoint Presentation Ppt Slide Template is the perfect way to pitch your stock. We have researched thousands of stock pitches and designed the most impactful way to convince your investors to invest in your equity. https://bit.ly/333t0BL
Use this Microsoft Word template to help you design a Business Case for any corporate product investment. Get this template @ http://www.demandmetric.com/content/product-business-case-template
Read the full post at https://www.fourquadrant.com/gartner-go-to-market-strategy/
Gartner's IT Predictions
Key technology drivers that will impact go to market strategy and tactics include: intelligent things, collecting massive amounts of data, artificial intelligence and machine learning.
Gartner identifies 3 key themes that form the basis for the Top 10 strategic technology trends:
- Intelligent
- Digital
- and Mesh
The technologies noted above are at the front-end of the technology adoption curve but are expected to break out of an emerging state and stand to have substantial disruptive potential across industries.
Read Pragmatic Posts on B2B Marketing - https://www.fourquadrant.com/marketing-resource-blog/
Download Go to Market Templates (FREE) - https://www.fourquadrant.com/marketing-tempates/
View the Go to Market PowerPoint Slide Library - https://www.fourquadrant.com/marketing-slides/
Leverage Proven Go to Market Planning Templates - https://www.fourquadrant.com/products/
The why, what and how of Stakeholder Mapping.
This 90 minutes session is part of a series of short and focused masterclasses.
The series is meant for people who have little or no experience applying design thinking methods, tools and frameworks.
This is a Masterclass by Arne van Oosterom
Our Product Marketing Plan Playbook is a planning methodology that highlights our premium tool-kit of tools & templates to develop a comprehensive product marketing plan.
« Et pendant ce temps-là, la Gen Z trace sa voie » (Supplément Echos START, 2...Julia Lemarchand
« Il est dur d’avoir 20 ans en 2020», « Génération Sacrifiée »... Euh merci, mais ça va ! L’adversité n’empêche pas les jeunes d’avancer, c’est ce que nous avons voulu montrer dans le nouveau numéro des Echos START, paru le 29 mars.
La Gen Z est inquiète et frustrée (et les motifs pour l’être sont pléthoriques), mais ces jeunes sont aussi optimistes pour l’avenir, résilients, solidaires, en recherche active de solutions… Cette facette-là manque souvent au tableau. Et si on faisait plus confiance aux digital natives pour faire la différence ? Ils nous ont prouvé qu’ils pouvaient réussir (précocement, parfois très précocement) là où leurs aînés ont échoué… Quitte à casser les codes. Et à renverser les clichés dans lesquels la société aime les enfermer.
The product roadmap is a plan of action that outlines of tactical steps to execute the product strategy pushing the product ahead in the trajectory of planned direction in alignment with the product vision while accomplishing short-term and long-term product objectives
Visit https://www.stratechi.com/market-analysis-example/ to download the 113-page Market & Competitive Analysis PowerPoint template created by an Ex-McKinsey consultant. The deck has storylines, charts, frameworks, analyses, initiatives, editable slides, and professional graphics and icons covering market, industry, competitive, geographic, segmentation, and customer analysis. Includes important market & competitive analysis slides such as Porter’s Five Forces, BCG matrix, SWOT analysis, adoption curves, ANSOFF matrix, competitive frameworks, company profiles, product comparison charts, market segmentation analysis, buyer personas, customer segmentations, market maps, global and regional analysis, decision matrices, market growth charts, market share charts, worksheets, examples, 500+ icons, and much more.
New Product Development was a 3-day public workshop for managers offered for many years through what is now UW-Madison’s Center for Professional and Executive Development (CPED). Since CPED has modified its mission to focus on leadership and management training, this and other marketing classes have been discontinued. Therefore I am providing this for your individual education.
A version of this presentation with embedded hyperlinks to YouTube videos and other educational sites is available through my website, BrainSnacksCafe.com.
Enjoy!
Product roadmaps are an important product management tool. But traditionally, they map features onto a timeline that often extends many months into the future. This makes them hard to apply in an agile context where change and uncertainty are present. My talk shows how you can use agile product roadmaps, roadmaps that describe the value the product should create, align the stakeholders and development teams, and unburden the product backlog while avoiding premature commitments and preserving the ability to inspect and adapt.
VISION-STRATEGY-PRODUCT (VSP) Yacht: An Agile Plan to Rapidly Achieve Problem...Rod King, Ph.D.
It will soon be the third anniversary of the publication of Eric Ries's book, "The Lean Startup." The Lean Startup Method is the tsunami that will sweep all domains and levels of innovation. Yet sub-optimal tools like the BUSINESS MODEL CANVAS and LEAN CANVAS don't do justice to the power and versatility of the Lean Startup Method. The Vision-Strategy-Product (VSP) Yacht - which is based on Ries's VSP pyramid - visually presents a framework for comprehensively, rapidly, and correctly applying the Lean Startup Method.
http://goo.gl/m3iGdI
26 topline marketing strategies to launch a new brand, product or service. Includes a 1 page summary outlining the pros and cons of each approach as well as best in class examples. Designed as flashcards so that it can be printed out to help stimulate brainstorm sessions.
Most Commonly Used Stock Pitch Deck Powerpoint Presentation Ppt Slide TemplateSlideTeam
"You can download this product from SlideTeam.net"
Our Most Commonly Used Stock Pitch Deck Powerpoint Presentation Ppt Slide Template is the perfect way to pitch your stock. We have researched thousands of stock pitches and designed the most impactful way to convince your investors to invest in your equity. https://bit.ly/333t0BL
Use this Microsoft Word template to help you design a Business Case for any corporate product investment. Get this template @ http://www.demandmetric.com/content/product-business-case-template
Read the full post at https://www.fourquadrant.com/gartner-go-to-market-strategy/
Gartner's IT Predictions
Key technology drivers that will impact go to market strategy and tactics include: intelligent things, collecting massive amounts of data, artificial intelligence and machine learning.
Gartner identifies 3 key themes that form the basis for the Top 10 strategic technology trends:
- Intelligent
- Digital
- and Mesh
The technologies noted above are at the front-end of the technology adoption curve but are expected to break out of an emerging state and stand to have substantial disruptive potential across industries.
Read Pragmatic Posts on B2B Marketing - https://www.fourquadrant.com/marketing-resource-blog/
Download Go to Market Templates (FREE) - https://www.fourquadrant.com/marketing-tempates/
View the Go to Market PowerPoint Slide Library - https://www.fourquadrant.com/marketing-slides/
Leverage Proven Go to Market Planning Templates - https://www.fourquadrant.com/products/
The why, what and how of Stakeholder Mapping.
This 90 minutes session is part of a series of short and focused masterclasses.
The series is meant for people who have little or no experience applying design thinking methods, tools and frameworks.
This is a Masterclass by Arne van Oosterom
Our Product Marketing Plan Playbook is a planning methodology that highlights our premium tool-kit of tools & templates to develop a comprehensive product marketing plan.
« Et pendant ce temps-là, la Gen Z trace sa voie » (Supplément Echos START, 2...Julia Lemarchand
« Il est dur d’avoir 20 ans en 2020», « Génération Sacrifiée »... Euh merci, mais ça va ! L’adversité n’empêche pas les jeunes d’avancer, c’est ce que nous avons voulu montrer dans le nouveau numéro des Echos START, paru le 29 mars.
La Gen Z est inquiète et frustrée (et les motifs pour l’être sont pléthoriques), mais ces jeunes sont aussi optimistes pour l’avenir, résilients, solidaires, en recherche active de solutions… Cette facette-là manque souvent au tableau. Et si on faisait plus confiance aux digital natives pour faire la différence ? Ils nous ont prouvé qu’ils pouvaient réussir (précocement, parfois très précocement) là où leurs aînés ont échoué… Quitte à casser les codes. Et à renverser les clichés dans lesquels la société aime les enfermer.
The product roadmap is a plan of action that outlines of tactical steps to execute the product strategy pushing the product ahead in the trajectory of planned direction in alignment with the product vision while accomplishing short-term and long-term product objectives
Visit https://www.stratechi.com/market-analysis-example/ to download the 113-page Market & Competitive Analysis PowerPoint template created by an Ex-McKinsey consultant. The deck has storylines, charts, frameworks, analyses, initiatives, editable slides, and professional graphics and icons covering market, industry, competitive, geographic, segmentation, and customer analysis. Includes important market & competitive analysis slides such as Porter’s Five Forces, BCG matrix, SWOT analysis, adoption curves, ANSOFF matrix, competitive frameworks, company profiles, product comparison charts, market segmentation analysis, buyer personas, customer segmentations, market maps, global and regional analysis, decision matrices, market growth charts, market share charts, worksheets, examples, 500+ icons, and much more.
New Product Development was a 3-day public workshop for managers offered for many years through what is now UW-Madison’s Center for Professional and Executive Development (CPED). Since CPED has modified its mission to focus on leadership and management training, this and other marketing classes have been discontinued. Therefore I am providing this for your individual education.
A version of this presentation with embedded hyperlinks to YouTube videos and other educational sites is available through my website, BrainSnacksCafe.com.
Enjoy!
Jim Conroy, Vice President EMEA, SopheonKGS Global
Grow & Prosper: Are Your Innovation Practices Inhibiting Success?
Innovation and new product development are cornerstones for growth in cosmetics and personal care, and yet remain a key difficulty to most companies. Ironically, success is commonly undermined by the internal practices and processes in place. By driving innovation performance, companies can achieve new product success through:
Maintaining “enough” idea as well as “good enough” ideas at the front end for a high-value development funnel
Accelerating time-to-market and meeting targeted product launch goals
Adapting portfolios quickly to respond to changing trends and consumer needs
Improving new product investment decision-making to focus resources on the highest value brand innovations and to contain risk
Account Management in Public Relations, is one area that continues to affect the way Client Relationship is managed and how effectively communication programmes are managed. This presentation take the perspective that practitioners on the Agency side need to move away from traditional practice and embrace a new paradigm.
Grow & Prosper: Are Your Innovation Practices Inhibiting Success?Sopheon
"Grow & Prosper" was presented as part of innoCos Europe (June 4-5, 2013) in Nice, France by Jim Conroy, Vice President EMEA, Sopheon. Jim is Vice President EMEA for Sopheon, the international provider of software, expertise, and best practices for Enterprise Innovation Performance. Jim is a seasoned senior executive with over 20 years’ experience helping large enterprises significantly improve their innovation, product development and supply chain performance.
Research and development can be the most productive and successful part of a company. With a business value driven R&D process and good portfolio optimization tools one can even tenfold the R&D value, making it by far the most successful part of the company.
This is to help understand how we can approach designing a strategy around any given requirement.
The stepwise approach helps identify the goals and establish evaluation criteria for devising a strategy around any given scenario. You will find this useful for Go-To-Market strategy, transformation strategy etc.
This helps target the selective initiatives one needs to take to ensure quality delivery and efficient implementation.
This is to help understand how we can approach designing a strategy around any given requirement.
The stepwise approach helps identify the goals and establish evaluation criteria for devising a strategy around any given scenario. You will find this useful for Go-To-Market strategy, transformation strategy etc.
This helps target the selective initiatives one needs to take to ensure quality delivery and efficient implementation.
Hello Friends,
This slide will help you to under stand the job roles and responsibilities of project manager at Infosys, skills, and competencies required. and marketing manager roles and responsibilities at hul, what knowledge experience required.
What Is It? Product Development vs. Product Management April Bright
This session will focus on the respective roles and responsibilities of the Product Manager vs. the Development Engineer from a product’s inception through its lifecycle maintenance. Attendees will learn how to leverage the cross-functional product team to deliver results, business vs. technical aspects of product development, putting the customer first and navigating the organization in order to get things done.
Intentional Networking for Small BusinessJoe Hines
Are you making the most of your networking time? When you network, are you creating opportunities for positive relationships and making a clear distinction about who you are and why people work with you?
If you think you need help in these areas, this presentation is for you!
Put the Power of PR to Work in Your Small BusinessJoe Hines
Own a small business that has a great story to tell but don't have the financial resources to get the word out on your own? No problem! This presentation will tell you what you need to know to start a Public Relations and/ or Public Affairs program of your own!
This presentation concerns how marketing leaders across multiple industries and around the world are answering the call to act responsibly in an era of climate change. For best results, download this presentation as there are multiple video and website hyperlinks in the presentation which you will not see otherwise. There is an mp4 version of a webinar of this presentation which is also available on request. Email Joe Hines at joe@acubedmarketing.com for assistance.
This presentation is by Professor Joe Hines, professor of marketing at Concordia, Fullerton College, Whittier College, and Cal State Fullerton. Joe also owns a content marketing practice called A-Cubed Marketing in Orange County, California.
This is a presentation Joe Hines created for his meet-up group, Orange County Small Business Marketing Connection. The topic is how to develop a strategic plan for your small business. Learn more about Joe Hines at thrivebusinessdirectory.com
Content Marketing - Bridging the Brand to Customer GapJoe Hines
This content marketing presentation describes how to develop your content marketing strategy. Includes:
1. Brand
2. Buyer Persona
3. Customer Journey
4. Customer Ascension
5.. Social Media Platform Selection
This presentation explains the basics of Content Marketing and was created by Joe Hines, Professor of Marketing. Joe also offers complete Content Marketing support for your SMB. Want to reach out to Joe? Use either option:
e: joe@acubedmarketing.com
c: 714-872-0561
Learn what you need to know about Content Marketing for your small business.
This presentation is created by Joe Hines, Professor of Marketing. You can contact Professor Hines for Content Marketing support for your small business at
joe@acubedmarketing.com and 714-872-0561.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
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2. Senior Leadership communication across the organization
about the importance and emphasis of innovation is critical
Should we consider fielding our own internal Pulmuone study to see where we are?
The People Ready Business Whitepaper, Roadmap for Innovation Success Report
4. The three platform areas of Taste & Variety, Health &
Wellness and Convenience continue to be what
consumers desire
5. Having a Vision and Roadmap for Innovation Strategy is important
Innovatio
n Vision
Need
States
Opportun
ity
Platform
s
Consumer
Targets
Developm
ent
Platforms
Concepts
6. Truly delivering on Consumer Needs/Wants is important
First & Second Moment of Truth
First Moment of Truth:
"Packaging That Sells" is key
UK Pringles learned that brand
recognition tied to package shape
• 69% recognize Pringles with
packaging shown in picture
• 67% recognize Pringles without
Pringles man
• 9% recognize Pringles without
carton-shaped package
In 2002, P&G decided to launch Pringles chips
with jokes, pictures and trivia printed on them
Second Moment of Truth:
Experience drives re-buy
P&G invited heavy Pringles users to a computer
and online gaming event to understand their
specific product needs
• Product tests while gaming
They learned that Pringles consumption tied to
product handling and grease slid from fingers to
console
• Chips should not grease fingers
• Chips should be accessed without moving the
eyes from the screen
After the study, P&G has announced an
agreement that teams Pringles with G4, the
Comcast-owned cable TV network dedicated to
video games and the video game lifestyle
In 2003, Pringles did in-store promotions, online co-branding
and POP displays together with G4
Source: P&G Internal Documentation; BCG analysis
• Three-year deal worth more than $2 million
• Launch of "Cheat! Pringles Gamers Guide," a half-hour
weekly show offering viewers tips on how to get through
challenges in video games
7. Project portfolio analysis provides
health check of existing pipeline
Approach
Financial attractiveness
Very high
Build portfolio of current projects
• Determine financial attractiveness and feasibility as
detailed in Idea Management
• Represent planned PD expenses as bubble sizes
(excluding past expenses/sunk costs)
Review "health" of current portfolio – address key
questions in management dialogue:
• Are we investing enough in our most important
projects?
• Do we fragment our resources across to many
projects in parallel?
• Do we face "congestion" in our project pipeline?
• Is our average time-to-market acceptable or do we
miss windows of opportunity?
C3
C5
High
C4
Projects to pursue
with high priority
Medium
C2
Projects to pursue
if resources are available
and overall targets
not met without them
C1
Low
Projects not to
pursue further
Guidelines from top-management for portfolio
prioritization and resource planning
Very Low
Very low
Low
Current projects
Innovation Best Practice Resources, January 2011 BCG
Medium
High
Very high
Feasibility
8. Attractiveness Summary Tool
NorthEastern University Model
Competes in an
Attractive Market
Category is
large enough
to realize good
growth
Specific
segment exists
with
unfulfilled
demand
Has compelling value
proposition
Compelling for
the consumer
&
Different
consumers
Compelling for
the trade
Strategically – financially
attractive
Scale
Opportunity
Leverages
Pulmuone
Strengths
Integrated portfolio
strategy in place
Strategy is
sustainable
Portfolio
vision
developed
9. We cannot be afraid to start building external
innovation networks…Our own internal capabilities
should not limit innovative ideas.
Sources: Symphony IRI, Accenture, GMA report, CPG Innovation & Growth and Mastering Innovation, The Desai Group
10. Innovation management
Key lessons from BCG experience
Leadership
science in
select areas
Meaningful
advances
Early crossfunctional
input
Ideation
Invention
Clear
Milestones
Commercialization
Focus
resources
Mix of
inside/
outside
experts
Tight
feedback
loops
Systematic
process
Outsource
to
accelerate
Innovation
P&L’s
Wide
funnel
Driven by
consumer
needs
Senior
engagement
Crossfunctional
guidance
Breakthrough ideas require breakthrough process
Innovation Best Practice Resources, January 2011 BCG
Nurture and
refine
Manage the
critical path
Manage the
portfolio
Communication
mechanism
Execution
Next
generation
11. How do you judge yourself with
respect to innovation management?
Key strengths
1
2
3
4
Clear and defined innovation
strategy
Enough ideas to support your
innovation strategy
Regular and adequate top
management involvement in
innovation process
Disagreement within the organization
1
3
Major milestones (4/5) in innovation
process to review status of project
Organization/culture that rewards
entrepreneurial freedom and allows
mistakes
5
Innovation Best Practice Resources, January 2011 BCG
Transparency/overview of the
innovation pipiline and the status of
each project?
Prioritization of projects is
determined by transparent criteria
in a formalized way across all
brands?
Quantification of "business
potential" of each idea?
Standardized documents accompany
the process to exchange key
information among team members?
Project champion with adequate
power to control and manage a
project across all functions?
1
Innovation process too long
2
High level of local developments for
local needs (too high?)
3
Lack of transparency of innovation
process
4
2
4
5
Weaknesses
Organizational structure seems to
inhibit the marketing strategy
5
Inefficient/low usage of external
sources to generate ideas
6
Low reliability towards trade
concerning launch dates of new
product
12. Following a clear and simple
stage gate process is also helpful
Idea generation
Actions
Ressources
• Purchasing simulations
in own locations and
core regions
• Annual category
studies, focus groups
• Consumers
accompanied 12
hrs./day for 1 mo.
• Regular meetings with
"idea generating
companies"
• Cross-category and
cross-country
innovation meetings
Brand manager/ director
for new products
Preparation
• One- and multidimensional concept tests at
POS
• International concept
and market tests
• Feasibility studies
• Estimation of market
potential
• Preview tests of new
products by retailers
• Supplier involvement
in development of
new materials and
ingredients
Category Planning Team
(3 FTE: brand manager,
market researcher,
engineer)
Decision
• Internal benchmarking
of new products
relative to existing
portfolio, corporate
targets and strategy fit
(own database)
• Quality and product
use tests by
consumers in their
homes
• Financial business case
(NPV)
Decision Team
(GBU Leadership Team,
R&D Functional Leadership
Team)
Implementation
• Supply concept and
production
• Marketing concept,
“go-to-market”
strategy, advertising
readiness
• Clear milestone and
action plans for all
kind of contingencies
when product is
launched
• Regulatory application
• Training and deployment of sales force.
Program Team
(several FTE from market
research, production,
supply chain, sales,
marketing, law, finance)
“It was clear that we did not know how to do it. There were lots of evidences of teams doing the right things... the
right market studies, superb product development and testing, and so on. The issue was one of consistency. We
did some plays well, some projects, some of the time. But that is not how you win the Championship year after
year”
- Senior P&G executive
Source: Expert interviews; BCG analysis
13. Execution is Critical!
Consistent
project leadership
Project leader follows project from conception past launch
• Accountable for project success, launch
• Authority to ensure proper plan execution
• Ability/experience to manage multi-functional team (R&D, Trade, Brand, Finance)
• Should be our best people, and a career-making move
Challenge focus to
tollgate review
(Stage gate decisions)
Tollgate reviews focus on finding the holes in the business case
• Tollgate presentation limited to 10% of review, remaining 90% questioning, challenging
plan assumptions and progress
• Ongoing scorecard distributed beforehand to highlight progress since last review
• Projects do not advance unless committed deliverables are achieved
Project reviews
elevated to BU
leadership
Consistently updated
view of portfolio
Early line
involvement in
market launch plan
NPD Organization category, functional leaders chair regular pipeline reviews
• Play devils advocate role in challenge meetings for projects
• Add credibility to process – share responsibility for killing or altering project
• Provide category and portfolio perspective
Brands/Finance maintain “big picture” perspective of projects
• Works with all constituents (R&D, Trade) to communicate available capital and
marketing resources
• Maintains master schedule of when, how launches will be sequenced
Brand, Trade involved early to develop budgets plan
• When dollars are being discussed, brand/trade becomes involved
• Market realities, trade capability realities reflected through line involvement
• R&D, Brand, Trade organizations all sign-off and commit to delivering plan by market launch
- Each individual held accountable to plans
Innovation Best Practice Resources, January 2011 BCG
14. Understanding the Customer key planogram windows
can help improve innovation execution
•
Top customers (i.e. top 10/15) typically introduce or cut in new items at planogram
timing. Planogram timing over the years has reduced at many customers to once
a year due to the resources involved with changing the sets.
•
Mars Foods has two primary launch windows a year:
First half of the year launches:
– April – Decisions are made at leadership team level of go/no go launches for first half of the following
year.
– June/July – Samples to sales force for January launches (6 months advance sell in)
Second half of the year launches:
– October/November – Decisions made at leadership team level of go/no go launches for back half of
the following year.
– January/February – Samples to the sales force for July launches (6 months advance sell in)
15. Reinforce transparent, disciplined
payback metrics
Peers measure innovation success primarily
by revenue growth...
“How does your company measure its success with innovation?”
...and only half measure
performance of innovation process
“My company collects and uses metrics to assess the following:”
% Agree
Overall revenue growth
56
% of sales from new products/services
80
78
50
Customer satisfaction
Return on investment in innovation
60
60
47
52
30
40
Number of new products/services
Agree
30
20
20
New-product success ratio
Strongly agree
11
Higher prices
0
0
20
40
60
Respondents (%)
Source: BCG analysis
Innovation
outputs
Innovation
inputs
Innovation
process
performance
16. Active monitoring determines product innovation success
•
Initial launch reviews take place 12 weeks, 6 months, 9 months and one year after launch
– Later reviews happen every 6-12 months
•
Results are reviewed by cross-functional teams and include senior management involvement
to highlight relevance of process
– A number of indicators are tracked
• market share and consumer behavior
• sales both for the product and for the category as a whole (consider cannibalization
and/or real category growth)
• EBIT performance
• return on investment (ROI)
– Performance is evaluated vis-à-vis business plan and supporting materials used during
decision-making phase
•
Review
sequence
Under performing launches are put under close watch (“kill or cure”)
– Usually given a defined period of time to design and implement turnaround measures
– The decision to withdraw new products can be taken from as early as 6 months after
launch
• usually “kill” decision is followed by an orderly withdrawal plan to avoid channel
conflict
KPIs
Sanctions
Enables transparent risk management for everybody
Source: BCG interviews; public information about P&G; BCG analysis
18. Pulmuone Foods USA, Inc.
Innovation Vision & Mission
Pulmuone US Situation Analysis Summary
Implications
Consumer Trends:
The Boomer generation is getting older
Consumers:
Asian & Hispanic populations are on the rise
Change is implicit, identify and react quickly
Households are decreasing in size
Build competence in convenient, portion controlled
items
Generation Y is coming into prominence
Ethnic foods are quickly emerging into the mainstream
Convenience factor is still important given busy lifestyles
Consumers have defined that they want ‘wholesome’
foods, not foods to treat specific disease states
With global obesity crisis, focus on healthy eating is more
important than ever.
Competitive Trends: Leverage Mega Brands
Consolidation of brands into top 15 food companies
Acquisitions have led to new segment opportunities and
capabilities
Pasta competitors are crossing over into different
temperature states
Restaurant/Chef inspired brands translating to Retail
Customer Trends: Focus on own label
Increased pressure by retailers becoming their own
marketers and creating mega brands that cross
categories and temperature classes
New alternative retailers filling needs of consumers desire
for fresh, prepared, healthy products
Competencies: Needs Gap
Largest Pesto manufacturer in the U.S.
Tofu expertise – U.S. and Korea
History and Track record in understanding Fresh
Vision
Authentic Wholesome Foods
Pulmuone will make healthy, delicious
food that our consumers will be proud to
serve their families.
Focus on how to win in ethnic – Asian and Hispanic
targeted offerings
Significant economic pressure leads consumers to look
and challenge their definition of value by brands
Competitive
Increase partnership competencies to leverage brands
into new temperature classes and increase presence
across categories
Need to have broader appeal to Generation Y and
early adopters to build cache and awareness for a
lifecycle
Mission
Create products that consumers and
customers regard as their partner in
leading fuller, healthier lives
Consumers will consider our products as
combinations of great taste, health and
convenience that enable them to feel
good about their purchase as they nourish
their mind, body, soul, and values
Customer
Be nimble and flexible to take advantage of customer
private label opportunities where appropriate.
Competencies
Identify ways to increase usage of Pesto
Identify ways to introduce innovation to Tofu to help it
become more widely accepted by US consumers
Leverage the right partnerships/alliances to extend
capabilities in the proper adjencies.
Key Strategies
Create new value for existing brands via Renovation &
Partial Innovation
Develop and leverage borrowed technologies/capabilities
from Pulmuone corporate in Korea
Creation of expanded market space with breakthrough
ideas and entry into larger categories
Fresh pasta/sauce manufacturing
Expansion of target consumers with focus on emerging
growth areas (Kids, Gen Y, Asians, Hispanics and Aging
Baby Boomers)
Open to alliances and partnerships
Enhance internal capabilities - Gilroy
Pulmuone does not have core competency in Frozen or
Ambient
Enhance brand building and marketing competencies
Certified Organic positioning
Pulmuone weaker in the area of branding/Marketing
19. Strategic Innovation Plan
Health
•White WW flour
•Ancient Grains
•To your health
•Sauce Plus
Flavors of the
world
Convenience
•Empanadas
•Calzones
•Asian dumplings
•Korean Rav
•microwavable
Stuffed
Dough /
Sauces
Kids
Culinary
•Shapes
•Crunchy Rav
•PBJ Rav
•Grilled Cheese Rav
•Burger Rav
•Sauce cubes
•Pasta bites
Snacks
•Pan fried desserts
•Dessert Sauces
Circle Size = Market Size
20. Pulmuone Foods USA, Inc. Innovation Roadmap
Vision
Need
State
Platforms
Opportunity
Platforms
Authentic Wholesome
Foods
Health & Well Being
MGF
Simplify My Life
Wildwood
Consumer
Targets
Adults
Kids
Adults
Taste Experience
Convenient
Product Forms,
Convenient Cook
Bolder, Ethnic
Flavors
More convenient,
Disruptive packaging
New eating
occasions
Kids
Platform areas: Ready When I’m ready, Distinctive Purity, Full Flavor Savor the Moment,
Instant Enhancement, Next Gen quick meals, No-Fuss Quick bites, Light meal parter,
Functional Health Selections, Carefull creations, top chef transformations, impressive dinner experience, self driven
Health and wellness, experiential eating, Absence of negatives, light and simple, fast favorites, fresh prep quality
21. Last spring, we initiated a stage gate process with a crossfunctional leadership team to review the gates. Since Gilroy
start up, we moved away from this. We need to get back to
original process.
Ideation
Concept
Development
Launch
Tracking
• Idea in the
shower
• Framed
ideation
• Idea screening
• Idea Approval
(GATE #1)
• Idea
qualification
• Market study
• Concept
development
• Concept
testing
• Concept
approval
(GATE #2)
• Item setup
• Procurement
• Production run
• Sampling
(Post Launch)
• Target
timeline: 1-2
weeks
• Target
timeline: 1-2
months
• Culinary recipe
• Bench top
• Pilot test
• Production test
• Sensory
• Shelf life test
• Mfg location
• Go or No Go
(GATE #3, #4)
• Package
• Specification
• Training
• Target
timeline: 1 -3
months
• Target
timeline:
assessment 6
months post
launch
•SKIP for club items
only if flavor extension
• Target timeline:
4-6 months
• Quality
• Sales
performance
• Profitability
26. 2) Company core direction
☑ Concept
development
3) Market fit
☑ Concept board
4) Consumer target
☑ Concept testing
5) Estimated size of prize
6) Margin target set
7) Estimated resources
8) Estimated timeline
☑ Idea Brief
☑ Concept brief
☑ GATE2: Go or No Go
Decision
☑ Product Brief
☑ GATE1:
Idea Screening
☞ SKIP for club items
Only if flavor extension
Deliverables
Deliverables
Idea or Product Brief
Concept Brief
Tracking
1) Strategic fit
☑ Market study
Launch
☑ Thinking frame:
☑ Idea qualification
Development
☑ Idea in the shower
Concept
Ideation
Tasks & Sub Process by STEP
27. ▼ Bench top formula
▼ Cutting (☞CLUB: 1-2-3)
▼ Internal panel huddle
▼ Pilot scale test or PTR
▼ Consumer panel huddle
(☞CLUB: Optional internal
sensory & Buyer’s approval)
☑ Equipment assessment
☑ Initial product info(cost,
▼ Consumer panel huddle
(☞CULB: Skip this step)
▼ Shelf life test – 70 days
target
▼ Product/Process spec
☑ GATE 4: Go or No Go
☑ Package development
☑ Label development
☑ Source identification Q/A
nutrition, ingredients)
☑ GATE3: Go or No Go
Deliverables
Deliverables
Sensory Report, CAPEX Assess.
Sensory report, IPS
Tracking
▼ Primary recipe
▼ Scale up production run
Launch
☑ Formula/Process
development
Development cont’d
Development
Concept
Ideation
Tasks & Sub Process by STEP
28. The basic process architecture established a common
set of stages and stage decisions
Learning loop
Creation
Idea
brief
SD1
Assessment
SD2
Program
charter
Research
charter
Dedicated program
team formed
Source: BCG interviews; public information about P&G; BCG analysis
Development SD3
Preparation
AR signed
SD4
Launch
SD5
First launch
Evaluation
Audit review
29. These are defined by key decisions
Learning loop
Creation
SD1
Assessment
SD2
Development
Dedicated program
team formed
Stage decisions
• Creation of
Program
Team, given
prioritization
• Approval of
contract for
next stage
• Business case
is proven
• Commitment
to target
launch timing
• Approval of
contract and
resources for
next stage
Source: BCG interviews; public information about P&G; BCG analysis
SD3
Preparation
SD4
Launch
AR signed
• Product
definition is
frozen
• Commitment to
launch volumes
• Approval of AR
submission
• Approval of
contract and
resources for
next stage
SD5
Evaluation
First launch
• Agreement to
start
production
• Commitment
to launch plan
• Approval of
contract and
resources for
next stage
• Approval of
rollout plan
for future
markets
• Decision on
scope and
timing of
evaluation
• Define when
Program
team ends
Audit review
30. Three teams are responsible for
executing the process
Category
planning team
Program
charter
Decision team–Senior Mgt Team
Learning loop
Creation
SD1
Assessment
SD2
Development SD3
Preparation
AR signed
Program team
Source: BCG interviews; public information about P&G; BCG analysis
SD4
Launch
SD5
First launch
Evaluation
Audit review
31. The category planning team owns stage 1
Category
planning
team
Program
charter
Decision team
Learning loop
Creation
SD1
Assessment
SD2
Development SD3
Preparation
AR signed
Program team
Source: BCG interviews; public information about P&G; BCG analysis
SD4
Launch
SD5
First launch
Evaluation
Audit review
32. The CPT is responsible for generating and
prioritizing ideas within their category
• Populate new-product grid
and technology grid
– Underlying technical
principles demonstrated
– Economically attractive
Idea
s
Blades & Razors – 2004 New Product Requests
Innovation
2004
EB/ER 246 - Q1
Iterative process of evaluating
and prioritizing ideas
EB/ER-307 - Q2
ER-309 - Q3
Renovation
Systems
M3 Cham pion (GLA) - Q1
2005
2006
EB/ER- 313- Q4
EB/ER-320- Q2
EB/ER 265 - Q4
2007
EB/ER- 260- Q1
EB/ER- 290 - Q1
M3TurboBro3 - Q1
SD1
ER-246 Fashion 2 - Q1
ER- 283 Flanker-Q1
Custom Plus 3
S. Excel 3 - Q1
Disposables
Market
Penetration
Elastomer Flanker - Q1
LHOB Plus - Q1
Vector Enhancem ent- Q1
Vector Plus - China - Q3
Vector Plus- IIPh
NOTE: M3 Disposable - TBD
2004 SGP Key Issues / Opportunities - March 3,2004
8
• Complete program
charter and stage
contract for most
attractive ideas
Source: BCG interviews; public information about P&G; BCG analysis
33. The program team/extended team is responsible for
executing on the program
Category
planning
team
Program
charter
Decision team
Learning loop
Creation
SD1
Assessment
SD2
Development SD3
Preparation
AR signed
Program team
Source: BCG interviews; public information about P&G; BCG analysis
SD4
Launch
SD5
First launch
Evaluation
Audit review
34. Role of the program team/extended team
Package
development
planning
Package
development
Tech support
services
Mechanical
development
PE&I
GEHS
Product
development
Mfg engineering
services
Product
analysis
Contract fill
Finance (cost
estimating)
Manufacturing
technology
management
Factories
R&D
Engineering
or procurement
Product evaluation
(sensory, microbiology,
analytical, statistics,
claims, consumer
service)
Program
Team Leader
MRD (consumer
research, forecasting)
Purchasing
New products
coordinator
Value chain
Fragrance
development
GBM
New products
planning
Value chain
Finished goods
planning
Design
services
Finance
(financial analysis)
ComOps
(planning)
Source: BCG interviews; public information about P&G; BCG analysis
Business
management
Legal
Package and
graphics design
ComOps
(sales)
35. Low complexity programs follow a simplified 'FastTrack'
Decision team
Learning loop
Creation
SD1
Assessment
SD2
Development SD3
Preparation
AR signed
Creation
SD1
Assessment, development, production, launch, evaluation
Program team
Source: BCG interviews; public information about P&G; BCG analysis
SD4
Launch
SD5
First launch
Evaluation
Audit review
36. There is a common prioritization tool and process
Portfolio
Category
planning
team
Decision team
Program
charter
Learning loop
Creation
SD1
Assessment
SD2
Development SD3
Preparation
AR signed
Program team
Source: BCG interviews; public information about P&G; BCG analysis
SD4
Launch
SD5
First launch
Evaluation
Audit review