Innovation Process Management

1. Montell & Partners supported a global manufacturing company with the management and follow up of their innovation process Innovation Process Management Montell & Partners – case studies – selected examples Client & Challenge Due to the clients leading role in the market they could not continue with their current strategy of acquiring competitors but needed to increase their own innovation capabilities to grow organically The client wanted to adapt a process oriented product development organization to increase efficiency and shorten time to market for new products Solution & Result New innovation processes were defined and a visual representation of the process handbooks was created A process driven project management system, including tollgates and time plans, was created A management reporting system was developed to support the planning of product and technology portfolios, and also to supply consolidated reporting of project status to all management levels A system was created for collecting and prioritizing development needs from the market, also enabling easy follow-up of how prioritized needs gets delivered through active projects How Montell & Partners supported the client Created a visual representation of the process handbooks based on a tollgates approach Created a project management system to increase the efficiency of executing the innovation processes and shorten the time to market for new products Developed and implemented a management reporting system to provide status, portfolio and KPI overviews of the development processes Developed the system for collection and prioritization of market needs to secure optimal input to the development process