First time back to Japan since the pandemic. We had a great time facilitating a two-day workshop covering detailed methods and best practices for managing new business innovation portfolios, delving deep into the application of our Strategy Hypothesis Framework, Opportunity Evaluation Methodology and Scorecards, Investment Decision Making Discipline, and of course, the number one killer of innovation in mature companies, Company Fit and Resource, Process, & Priority (RPP) Alignment.
We used the opportunity to test out our refined Company Fit evaluation framework and it worked out very well. It really helped to much more precisely evaluate the relative proximity of each element of the Whole Product Solution to the company’s core business capabilities and priorities. It also proved to be very effective at visually differentiating the relative Company Fit risk between projects. Now that we’ve confirmed the value of the refined framework in analog form, we’ll be adding it to the roadmap for implementation in our Growth Forge software, which will further add to its value since the Solution Components and Company Fit risks are integrated with the overall Strategy Hypothesis Model and can be easily updated, edited, and reactively connected with other elements of the Product or Business Strategy.
It’s always great to engage in person with clients and learn from their questions and challenges and jointly add to our collective toolkit of best methods and practices.
