Case Study: Technology Strategy Creates Value for the Portfolio

About

Strategic Technology Roadmapping to enable technology investments

Global provider of critical, complex engineering services in defence, emergency services and civil nuclear. Provision of strategic technology roadmapping at the market sector level and at the Group level to enable technology and service investments.

I was co-lead on the project delivering facilitated workshops and message integration using the approaches of IfM through IfM Engage.

“Rob was co-lead of a team where technology roadmapping recognised as benchmarks in industry as a well-founded process and stands up to scrutiny with rigour behind the toolkits up there with McKinsey and PWC. Extensive experience in industrial was a key factor in selecting; in industries either adjacent or overlapping and was able to share significance experience with the team”.

“Delivery of the project was good with openness, transparency and sufficient flexibility at short notice. I had high expectations, delivered, exceeded in terms of the outputs and how it impacted the people in the business doing technology development. I felt we were on the right track.”

“The project allowed me to produce a technology strategy for the organisation and the impact has established a common framework for what our technology roadmap should be in our organisation. It helped me to influence about technology to create value in the organisation and show how it creates value for our customers.”

Director of Innovation and Technology

Assignment

The Group Technology unit wanted to establish a series of roadmaps to secure greater investment for innovation development. Working with the leadership teams I facilitated a number of innovation roadmapping workshops for each unit to identify high-potential areas of value – new products and services each in the tens of millions revenue per annum range.

Process

An innovation process was designed based on strategic roadmapping to identify new sources of value and technology enablers for each key market area.  These were then integrated to articulate key technology themes and presented to the board for investment.

Business Impact

  • Clarity and alignment on innovation development activities.
  • Increased strategic commitment to technology and innovation: uplift in both investment in return for new revenues.
  • Helping the group grow its reputation as a technology and innovation leader.

 

Want to know more?

Read Here about the process to quickly but rigorously produce a strategic roadmap for your organisation. If you are interested in Technology Planning read Here about the approach.

Rob Munro is an innovation strategist and consultant focussing on improving innovation results within organisations. Please contact me to discuss ways to bring greater effectiveness to your innovation and technology management processes.