The corporate division of research & development respectively innovation management play a major role for the future success of a company in today’s economies. No other corporate division shows that amount of potential – positively as well as negatively.
Prosperous new product/service developments create sustainable competitive advantages. On the other side, deficiencies in these areas may let the company fall behind through negative demand or technological reactions.
Core areas of the innovation management are:
- Innovation strategy
- Portfolio management
- Innovation process
- Project evaluation & management
- Innovation controlling & tracking
Requirements in innovation management:
Effective innovation management from scratch to market launch requires multiple methods and management tasks. Overall, the requirements of innovation management are diverse and complex.
Perlitz is able to support companies thanks to longtime consulting experience within the innovation management and the self-developed software “PipelinePlanner”.
Investment management
Today’s investment budgeting is most often based on MS Excel solutions, which bear multiple drawbacks, such as:
- Excessive circle time of the entire process
- Bad data quality due to transmission errors
- Lack of transparency on application status
- No support of the workflow
Perlitz developed the “CapExPlanner” software as an embedded and holistic management tool for investment budgeting. This cloud-based application operates across all corporate levels from plant to top management, as well as across all development phases from scratch to market launch.
PipelinePlanner
The Perlitz PipelinePlanner is an instrument for qualitative and quantitative evaluation of (R&D) projects, project and product portfolios and also of the entire company performance. By taking into consideration risks and threats, the PipelinePlanner yields a precise indication of cash flows and market opportunities that can be expected.
Your benefits at a glance:
Ihr Nutzen auf einen Blick:
- aggregation of individual projects and project evaluations into one portfolio view, with any number of levels, projects, products etc.,
- risk analysis and scenario development on various levels of aggregation,
- easy and quick financial and qualitative evaluation,
- consideration of uncertainties and alternatives through comprehensive risk analysis,
- standardized basis for comparing projects, portfolios etc.,
- comfortable visualization by means of various forms of diagrams and graphical representations,
Please find more information about PipelinePlanner in our Flyer or in this area: PipelinePlanner.
Innovation strategies
An essential part and starting point of every innovation management is the development of an innovation strategy based on the company´s aims. The task of the innovation strategy is to estimate future developments in technology and on the market and therefore start courses of action of the own product development.
Perlitz has already accompanied many clients in different industrial sectors with their strategy projects. We accompany our clients from Benchmarking and small adjustments of present existing strategies to comprehensive reorientations. Therefore, we are supported by experienced consultants and a comprehensive network of specialists in numerous economic sectors.
Innovation portfolios
The aim of portfolio management is to create transparency of the character of current and future projects. The focus here is to distinguish the projects between qualitative and financial criteria.
Many innovation portfolio managements were established or refined by Perlitz. For this purpose, we create scoring lists with regard to industrial sectors, business scheme and strategy in the workshops. Depending on the innovation process, different criteria should be considered at different points in time for the evaluation of the projects.
Result of the portfolio analysis should be the decision whether to stop, put back or continue the projects and with which intensity. This ensures the use of corporate resources only for promising and strategically wise projects.
In addition to consulting, we also offer the PipelinePlanner, software especially developed for this application.
Innovations processes
- When and depending on which criteria does your company decide about a use of resources in innovation projects?
- Who decides if a project was not successful and has to be determined?
- How can I ensure that the first use / introduction of the new products/ technologies is affected in time?
- How can I create a positive atmosphere which generates profitable ideas?
These typical questions have to be answered by a selected innovation process. Perlitz presents you the current methods like milestone planning or Phase-Gate; we adjust them to your individual requirement and support you with the installation and implementation.
In addition to consulting, we also offer the PipelinePlanner, software especially developed for this application.
Innovations Controlling
- Do we adhere to the project budget?
- Which cash value will the project bring and which rate of interest of the utilized capital?
- Is project success or project improvement more relevant?
- How efficient are the resources and how can we reorganize them?
We always create a perfect controlling system no matter if you like to use a controlling based on finances, strategy or capacity, if you want to take into consideration risks and chances or if you want to install an early warning system.
In addition to consulting, we also offer the PipelinePlanner, software especially developed for this application.
