Working with a client recently, a senior R&D leader was asked how many people in the company report to her. She answered 20. On an organization chart, she’d be right. But in the innovation world, the correct answer is close to 60. Read More

R&D has not typically reported on the process they use to generate new innovative ideas, but more often the results. Prior to the advent of the Open Innovation as a business activity R&D had no reason to report on the amount of external collaborations or external partner’s contributions to research... Read More

For over a decade, our sole focus has been to help our customers grow organically through the strategic use of innovation governance software solutions. Our track record of helping more than 250 of the world's leading companies to adopt innovation and product portfolio management (PPM)... Read More

The results also show that being highly effective at idea conversion is more important to financial success than being highly skilled at generating ideas. - Booz & Company - 2012 Survey of the Global 10001 Read More

We're at the CoDev conference in La Jolla, California. CoDev is co-organized by the PDMA and brings together an exciting array of companies committed to developing their products and services through active partnerships with outside organizations (Co-Development!, Open Innovation, JV's, etc.,). Read More

Today we launch a new website and with it, a new era for Wellspring Worldwide that has been a decade in the making. The new website marks an exciting time of growth, expansion, and evolution, coinciding with our new corporate headquarters, marketing campaign, and formal launch of new modules and... Read More

Roadmapping is hardly new; Motorola introduced it in the U.S. during the 1980s and Philips was on a similar timescale in Europe. As a process, it has gained momentum in recent years for a number of reasons such as: Read More

In order to optimize the return on investment from new products, an organization must excel at managing its product portfolio(s). This requires good visibility into the value, risk, expense and resource requirements of individual projects. Unless resource planning is fully integrated into new... Read More

The pendulum has swung toward Lean and Agile methodologies, sometimes casting Stage-Gate ® aside. Optimal results are derived from the best of BOTH worlds as part of an integrated best practice innovation toolkit. Effective Innovation Management There are two primary goals of effective innovation... Read More

Bringing truly innovative products to market—on a consistent basis—has long been a challenge for consumer products companies. A recent SymphonyIRI study found that 90 percent of consumer products launched in 2010 were brand extensions as opposed to truly new brands. Only three percent achieved... Read More