The Innovation Program Office (IPO) is a structure that when instituted effectively manages the innovation lifecycle from ideation to productization. Our team works with your organization to establish, structure and customize the IPO.
Length: 1 Month Engagement
Location: At your facility and virtual
Note: Fee includes travel for US and Canada. Other locations will have additional travel fee.
Description: The “Innovation Program Office” (IPO) is an effective tool that applies to any organization looking to integrate innovation as a discriminator… a foundational element for success. See our recent show on the IPO.
The role takes on many forms but the primary focus for the “IPO” is establishing the innovation framework, governance, metrics, idea generation, funnel management, securing the funding, project selection and tracking, and training and supporting the teams as they innovate.
Why is an Innovation Program Office (IPO) so vital. 1) It supports corporate/organization wide strategy setting & priorities. 2) Ensures you have a well-managed & functioning innovation lifecycle engine 3) Keeps enterprise plans living and focused 4) Promotes premium growth 5) Enables rapid alignment to take advantage of market forces
An IPO continually feeds ideas into planning, discovers adjustments that are needed to keep the execution of a plan relevant to market forces. Using the IPO’s talent, idea sourcing capability/idea pipeline your enterprise strategy & tactics will always be challenged to exceed capacity and go beyond for success.
To learn more about the Innovation Program Office written about in the Harvard Business Review and a Stanford case study, contact us at info@TheInnovators.Network.