Data-Driven Innovation Governance with Mid-Size Company
Data-Driven Innovation Governance with Mid-Size Company
Challenge
GP had a portfolio of over 40 innovation products in the pipeline, yet there was misalignment between executive management and project management team in terms of prioritization and resource allocation.
Solution
We partnered with their executive team to guide them through a complete transformation, designing a data-driven portfolio governance model from scratch where we worked with their executive team on strategy, their IT team on their platforms ensuring all data points are collected, and their project team on executing the process. This allowed GP to have an end-to-end data-driven innovation management model in place.
How Smplcty helped
Project prioritization output: focus on 3 products and their go-to-market process cutting down time by 50%, saving 20% of the cost, and increasing the Gross Margin for the largest products.