Transcription of A New Framework for Assessing Your Innovation Program ...
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A New Framework for Assessing Your Innovation Program ...
BackgroundToday, more than ever, product Innovation is critical to maintaining competiveness in today s fast-paced, global market. Yet, as market studies show, many companies find it hard to assess and advance their ability to innovate across the product portfolio. Tools and methods for managing product development in organizations abound, yet none really provide a cohesive Framework for Assessing a company s Innovation Program encompassing the people, processes, and tools needed to speed time to market. Seeing a way to fulfill this need, Planview created the Innovation Management Maturity Model . Based on the Capability Maturity Model Integration (CMMI ) Framework developed by Carnegie Mellon University1, the Innovation Management Maturity Model gives organizations a critical tool for Assessing the strength of their Innovation Program , which is essential to continue improving productivity, time to market, and commercial white paper explores the Innovation Management Maturity Model in detail including: The rationale behind the model; Each
for managing product development in organizations abound, yet none really provide a cohesive framework for assessing a company’s innovation program encompassing the people, processes, and tools needed to speed time to market.
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