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InnovationEmpoweredProdex Innovation Masterclass Series 2015
World’s #1 Innovation Expert.
“Dr. Robert Cooper is the definitive authority on Stage-Gate® and Portfolio
Management, two processes which drive product innovation. When I introduce
new employees to these critical processes, I send them to Bob because I only want
my people trained by the best” James H. Godsey, PhD, Senior Vice President, R&D
Digene Corporation
Dr. Robert Cooper
Dr. Robert G. Cooper is the creator of the world-famous Stage-Gate® process, and was
named the “World’s Top Innovation Management Scholar” by the prestigious U.S. Journal
of Product Innovation Management, and winner of the best seminar leader of the year at
Sweden’s Chalmers Institute in Goteborg. He has combined practical consulting with
ground-breaking research for many years. Besides his best-selling books “Winning at New
Products” and “Portfolio Management for New Products”, he has published more than 120
articles on R&D and innovation management.
2 | Prodex Innovation Masterclass Series 2015
INNOVATION has never been more firmly on the business agenda!
Business growth strategies are highly dependent on contributions from Innovation
Initiatives and the pressure to deliver on the promise of Innovation is enormous. Despite
this pressure, and in many ways, because of it, Innovation programs and businesses are
underperforming.
Delivering a steady stream of successful new products and services is no easy task. Do
you know that only 56% of new products launched achieve their profit objectives! To
improve the odds of success requires a world-class idea-to-launch system that builds in
best practices. Yet most firms’ new product processes are broken, and worse yet, they
often fail to build in the practices that make the difference between winning and losing.
Implementing an effective idea-to-launch system almost doubles the proportion of new
products that meet their profit objectives!
Picking the right projects is the second way to win at new products. But 79% of businesses
lack a professional portfolio management system that helps them make the right
development investment decisions. The result is that 76% of businesses have ‘far too
many projects underway for the limited resources available’ – mostly small projects.
Effective portfolio management can increase the productivity of your product development
expenditures by a factor of two – fewer, better, faster new products.
Bolder innovation is the answer for many firms, new products that really make a difference
to the business’s top line and bottom lines. But 89% of businesses claim to have ‘few or no
high value projects’ in their development pipelines. The ability to generate breakthrough
new product ideas, and then to pick the big winners early is key to success here. Managing
the “fuzzy front end” – more effective ideation and then picking the right ones to invest in –
is one way to dramatically enhance your new product result.
Winning At New Products
Prodex Innovation Masterclass Series 2015 | 3
AUCKLAND - Villa Maria Winery, Mangere
13 APRIL 2015�
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3 Innovation Masterclass Workshops
Optimising Your New Product Portfolio
SYDNEY - Marriott, Sydney Harbour
14 - 15 APRIL 2015�
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Breakthrough Ideas & Great New Products
MELBOURNE - Mondelez International Food Innovation Centre
16 - 17 APRIL 2015�
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Product innovation is the most important and critical battle being fought in the business
world today and organisations everywhere are engaged in a new products war. Winning is
everything: it is vital to success, prosperity and even organisational survival.
In the war of winning at new products, the end goal is victory: a stream of profitable and
successful new products. By implementing effective new product development processes,
such as Stage-Gate®, and adapting to changes in technology, consumer needs,
competition and product life cycles, organisations are more likely to produce the new and
winning products that are critical to long term success and sustainable competitive
advantage.
This workshop presents strategies and tactics to help you develop unique product ideas,
pick the winners and translate them into successful development projects to ensure your
organisation wins time and time again!
Winning At New Products
INNOVATION EMPOWERED
Selecting & Developing Great New Product Winners
Attend This Event If You...
Want to increase the success rate of your new product developments.
4 | Prodex Innovation Masterclass Series 2015
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4 | Prodex Innovation Masterclass Series 2015
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THIS WORKSHOP PRESENTS
MATERIAL FROM BOB COOPER’S BEST
SELLING BOOK “WINNING AT NEW
PRODUCTS”.
AUCKLAND
Villa Maria Winery
Mangere
13 APRIL 2015�
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Want to enhance the productivity of your new product process.
Want to attend as a team to align your people with global best practices.
WINNING AT NEW PRODUCTS | AUCKLAND
08:00 Registration and Coffee
08:30 Introductions
10.00 Morning Tea
10:30 Team Exercise: Identifying the major challenges to product development
in your business
Discover the five remaining critical success factors. Learn about the importance
of up-front homework, the need for a clear and sharp product definition and
how to organise your project teams effectively.
12:00 Networking Lunch
14:15 Doing Projects Right: Streamlining Your Idea-To-Launch Process
12:45 Benchmarking Best Practices (Part III)
Discover how to consistently pick winning products through project selection
and prioritisation and resourcing projects effectively. We also discuss the need
for an Idea-to-Launch system that works!
During this session we map out the idea to launch process and discuss the
Stage-Gate® system, including how it works and defining the various stages and
gates.
16:30 End of Masterclass
08:45 Winning at New Products –
Benchmarking Best Practices (Part I)
In this session we focus on the key role of product development in your
business, the first two critical success factors, developing superior new
products and building in the Voice of the Customer.
11:00 Benchmarking Best Practices (Part II)
15:00 Afternoon Tea
15:15 Doing the Right Projects - Getting the Gates Working Right
Key criteria for making Go/Kill decisions at gates
Lean gates with teeth
Running effective gate reviews – best practices from industry
16:00 Implementation Critical Success Factors + Q&A
Prodex Innovation Masterclass Series 2015 | 5
Agenda1 Day Event
Learn about the Critical Success
Factors of NPD
Better understand your customer
and build in the Voice of the
Customer
Understand the importance of
front-end homework
Maximise the value of your
portfolio by selecting the right
projects
Better understand the Idea to
Launch process and how to
implement an effective NPD
process
Discover how to allocate resources
effectively
Understand the “Playbook” for
“Winning At New Products”
Learning Outcomes
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A Message From Dr. Robert Cooper
INNOVATION EMPOWERED
Innovation is one of the most sought after,
talked about attributes in business today.
It is, undoubtedly, the key to prosperity as
we move forward from the global
economic crisis. However innovation
(from initiation to implementation) is rarely
easy - even with the most brilliant of
ideas! It often takes several failed
attempts, total commitment and plenty of
money before a breakthrough product
can be seen by the public for what it is:
something truly unique and extraordinary
that will make their lives easier.
Product advantage is the single strongest
driver of new product performance. This
means developing a unique, superior
product with a compelling value
proposition and unequalled customer
benefits – no easy task.
These 3 masterclass workshops show
how – they focus on methods to conceive
blockbuster, breakthrough or
game-changing new products and also
best methods to get them to market. We
look at the best ways to create
breakthrough new product ideas and pick
the winners, and also on translating ideas
into successful development projects and
winning launches.
6 | Prodex Innovation Masterclass Series 2015
Prodex Innovation Masterclass Series 2015 | 7
Maximising the return on product investments relies entirely upon an organisation’s ability
to consistently choose the right development projects, technologies and investment
platforms. This is no easy task. New Product Portfolio Management, in conjunction with a
clearly defined Product Innovation Strategy, is fast becoming the most effective way to
simplify what can be a very complex process.
Your company can drive more value and productivity into your product innovation portfolio.
Attend this workshop and learn how to double the value of your portfolio simply by
incorporating productivity metrics for project selection and project resource allocation.
Discover how to link your new product portfolio to your company’s strengths to generate
meaningful competitive advantages.
Join us for this workshop and learn how to improve the allocation of scarce resources to
meritorious and strategic projects in a bid to optimise your company’s new product
portfolio.
Optimising Your New Product PortfolioMaking Strategic Choices & Picking Winners
Choose This Workshop If You...
Struggle to link your New Product Portfolio to your company’s innovation strategy.
Are unsure which markets, technologies and products you should focus
your R&D efforts on.
Are ready to make the move from effective project management to
multi-project portfolio management.
Continually lose your best projects in a poorly managed or “cluttered”
portfolio.
Need to reduce the number of incremental innovation projects but
struggle to do so.
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THIS WORKSHOP PRESENTS
MATERIAL FROM ROBERT
COOPER’S BOOKS “PRODUCT
INNOVATION AND TECHNOLOGY
STRATEGY” & “PORTFOLIO
MANAGEMENT FOR NEW
PRODUCTS”.
SYDNEY
Marriott Hotel
Sydney Harbour
14 - 15 APRIL 2015�
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This seminar is designed for executives,
directors, experienced innovators and
anyone with the responsibility of
maximizing the return on their product
innovation efforts. This workshop is
strongly recommended for -
VP’s
Product Development Managers
Innovation Managers
R&D Managers
Engineering Managers
Strategy Managers
Portfolio Managers
8 | Prodex Innovation Masterclass Series 2015
Who Should Attend?
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INNOVATION EMPOWERED
AgendaDay 1
Developing A Product Innovation & Technology Strategy For Your Business
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Cross-functional team attendance is
encouraged.
08:00 Registration and Coffee
08:30 Impact of a Product Innovation Strategy
This session highlights the importance of strategy and portfolio management. It
also uncovers the benefits associated with a clearly articulated Product
Innovation Strategy.
09:30 Team Exercise: Identifying the Major Challenges to Product Development
10.00 Morning Tea
10:15 A Best-in-Class Product Innovation and Technology Strategy
This session introduces key elements and necessary steps to craft an effective
Product Innovation Strategy. It also introduces strategic platforms and offers
insight into which platform is best for your company.
12:00 Networking Lunch
14:15 Afternoon Tea
14:45 Team Exercise: Developing an Innovation Strategy in Your Business
12:45 How to Develop a Product Innovation StrategyMany companies find it difficult to set realistic goals for product innovation. They
also have difficulty deciding which strategic areas to focus R&D efforts. Discover
how to set realistic goals, select the best “strategic arenas” to focus your R&D
effort on – your next engines of growth -- and execute successful entry
strategies.
15:00 Making Your Product Innovation Strategy a Reality
Understanding the link between a product innovation strategy and portfolio
management is key to successful product management. This session outlines
how to do Strategic Buckets and Product Roadmaps in order to achieve the
right mix and balance or development projects, and then map out major
development initiatives over time to realize your innovation objectives.
17:00 Questions and Answers
17:30 End of Day 1
08:15 Introduction
Prodex Innovation Masterclass Series 2015 | 9
� Maximise the Value and Importance
of Your New Product Portfolio
Learning Outcomes
Create strategically-driven new product ideas
Tap into external idea sources and employ Open Innovation
Improve the quality of ideas using proven Voice-of-Customer methods
Use strategic approaches to develop strategic innovation ideas
Promote a creative environment that stimulates out-of-the-box thinking
� Yield a High-Value, Balanced
Portfolio the Optimises Resources
Learn how to use meaningful metrics and charts to optimise your portfolio value
Understand why top performers rely heavily on Strategic Buckets and Product Roadmaps
Implement techniques for ‘cleansing’ your new product portfolio and selecting the ‘best’ projects
� Accelerate Adoption of Portfolio
Management Best Practices
Facilitate effective, successful project selections and develop a governance model with clearly defined key roles
Uncover the 5 goals in Portfolio Management and discover the best ways to achieve them
Enhance accountability and ownership
Discover the best metrics, charts and dashboards for decision-making
07:45 Sponsor Presentation (optional attendance):
Automating Idea, Stage-Gate & Portfolio Management - Sopheon
08:30
This session outlines an effective idea-to-launch system, an absolute must prior to
moving ahead with effective portfolio management.
09:30 Impact of New Product Portfolio Management
An effective portfolio management system can provide positive outcomes for your
company. Here we discuss the 5 goals of portfolio management and how they are
linked to better performance.
10:15 Morning Tea
12:30 Networking Lunch
10:30 Team Exercise: Identifying the Major Challenges to Product Development
in Your Business
11:00 New Product Portfolio Best PracticesHere we gain insights into the best methods for selecting the optimum portfolio of
development projects. We probe the methods to maximize the value of your
development portfolio:
13:30 A Portfolio Management System for Your BusinessHow to forge the link between project selection, development processes
and innovation strategy. Recommended methods for:
16:15 Questions and Wrap-Up
14.25 Afternoon Tea
15:00 Implementing Portfolio Management
15:45 Team Exercise: Getting Started
16:30 End of Masterclass
A world-class Idea-to-launch process – a pre-requisite for Portfolio
Management
AgendaDay 2
Portfolio Management: Making The Right New Product Investment Decisions
OPTIMISING YOUR NEW PRODUCT PORTFOLIO | SYDNEY
Economic techniques
The Productivity Index to maximize R&D productivity
Profiling and qualitative methods to make even better decisions
Methods that deal with project risk and uncertainty
Deciding on strategic buckets - how to define them
Using scorecards, real options and the productivity index to prioritize
projects effectively
Getting the gates working
Managing portfolio reviews to achieve alignment and the right project mix
Past Attendee Feedback
Testimonials
INNOVATION EMPOWERED
10 | Prodex Innovation Masterclass Series 2015
Past Attendees Include
Ballance Agri-nutrients
Blackmores
Mondelez International
Cadbury
Devondale Murray Goulburn
Fonterra
Gallagher
Cochlear
Bluescope Steel
Goodman Fielder
Fosters Group
Cerebos
New Zealand King Salmon
Sanofi-Aventis Consumer Healthcare
Resmed
Mars Chocolate
Mars Petcare
Mars Snackfood
Lion
Tait Communications
Southern Cross Health Society
Woodside
Virbac
Cook Medical
Redarc
Aristocrat Technologies
O-I Packaging
Kraft
Integria Healthcare
Elanco
D’Orsogna
SPC Ardmona
UGL Services
Stramit
Centor
Boral
Taylors Wines
Schweppes
Rode Microphones
ANSTO
Simplot
Decor
One Steel
Orrcon Steel
Australian Office
UniQuest
B&D Doors
Sanitarium
“Bob Cooper brings a systematic approach to the strategy and tactics
of product development…The message to senior people is this:
innovate or die!”. Electronic Business Magazine | USA
“Bob was inspirational. The two days were enlightening, complex, yet
brilliantly simple. If all companies adopted such policies, innovation
worldwide would take a monumental leap forward...”
Ian Hughes | NPD Manager | Integria Healthcare
“ This course allowed me to take a step back and look at my portfolio
in a different light. It gave some excellent insights into best practice
for project prioritisation and decision making ”
Tony Davis | Product Manager | Tait Electronics
Prodex Innovation Masterclass Series 2015 | 11
An organization’s product idea portfolio is a great barometer of its innovation health and
outlook. Without great ideas at the front of the innovation funnel, future success and growth
from new products is severely challenged.
This workshop focuses on providing attendees with strategies and tactics to create
breakthrough new product ideas to achieve game-changing innovation.
Specific areas of emphasis include:
Breakthrough Ideas & Great New ProductsGetting the Fuzzy Front End of Innovation Right
Innovation Challenges?
Do you have a fully loaded pipeline but lack really great ideas that will delight
your customers?
Do your best ideas become lost amongst smaller, more trivial development
projects?
Are you risk averse and finding it difficult to build convincing business cases for
innovative, breakthrough new products?
Do your development projects take far too long despite having new product
processes in place?
Do you have new product process in place yet your development projects still
underperform?
MELBOURNE
Mondelez International
Food Innovation Centre
16 - 17 APRIL 2015�
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Creating strategically-driven new product ideas
Improving the quality of your ideas with proven Voice-of-Customer methods
Promoting a creative environment that stimulates out-of-the-box thinking
Tapping into external idea sources and employing Open Innovation
THIS WORKSHOP PRESENTS MATERIAL
FROM ROBERT COOPER’S BOOK
“GENERATING BREAKTHROUGH NEW
PRODUCT IDEAS”.
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08:30 Registration and Coffee
08:45 Introduction
09:30 Breakthrough Ideas – a Focus on the Customer
10:45 Morning Tea
13:00 Networking Lunch
15:45 Afternoon Tea
14:00 Breakthrough Ideas – Open Innovation and External Sources
Numerous sources of new product ideas exist outside your company. Many
companies already use them in an ‘Open Innovation’ approach, but encounter
problems nonetheless. Discover how to select the most effective sources,
build beneficial networks, and overcome the “not invented here” attitude.
Exploit the value of Open Innovation!
17:00 End of Day 1
09:00 Installing a Pro-active Idea Generation & Management System
This session highlights the critical need for blockbuster ideas, the profit impact
that an effective ideation system has on a company, and how to install an
effective idea capture-and-handling system.
11:00 Team Exercise and Presentations “So what’s stopping us?”
15:00 Breakthrough Ideas – from Inside the Company
Your own employees can be a major source of ideas but often their potential
remains untapped. Find out why and what can be done to harness potentially
brilliant ideas.
16:00 Q&A and Team Exercise “Which methods for your company”
AgendaDay 1
Create Breakthrough New Product Ideas To Achieve Game-Changing Innovation
Customers are a strong potential source of innovation ideas but are often
under-utilised or accessed in the wrong way. This session will focus on best
practice methods such as crowd sourcing, ethnography and Voice - Of -
Customer, that help identify unmet and unarticulated customer needs.
12:00 Strategic Inputs to Yield Breakthrough Ideas
Most “big” ideas are the direct result of deliberate and solid strategic analysis
and tools used to forecast the future. Learn how to develop Peripheral Vision,
exploit Disruptive Technologies, and generate Scenarios to yield superb ideas.
The workshops are designed for
executives, directors and senior
management. This workshop is
strongly recommended for -
CEOs & Directors
Senior Management
R&D Personnel
Marketing Personnel
Project Managers
Brand Managers
12 | Prodex Innovation Masterclass Series 2015
Who Should Attend?
INNOVATION EMPOWERED
07:45 Sponsor Presentation (optional attendance):
Automating Idea, Stage-Gate & Portfolio Management - Sopheon
10.00 Morning Tea
10:15 Team Exercise “How we select projects & how to do it better”
The number one key to success in product innovation is developing a product
with a compelling value proposition in the eyes of the customer. The fuzzy
front-end work of a project, that is taking a solid idea and translating it into a
winning concept, is essential for success. Learn the best methods.
12:30 Networking Lunch
14:30 Afternoon Tea
14:45 Building a Solid Business Case
13:30 Driving the Product to Market
The quest for both speed and profitability demands a best-in-class
Idea-to-Launch system. NextGen Stage-Gate® is a newer, faster, flexible and
scalable new product process. See how it works!
Many of the best ideas never progress to development because management is
risk averse and afraid to move forward with limited information when facing
major investment decisions. Learn how to build the right business case that
gives breakthrough ideas a solid chance for investment… the right front-end
homework. See how to correctly ‘front-end load’ your projects.
16:15 Q&A and Team Exercise “Next steps for your business”
16:30 End of Masterclass
08:30 Project Selection and Picking the Winners Early
In the early stages of product development, it is difficult to make sound Go/Kill
decisions, mainly due to a lack of information about an idea or project and a
high level of uncertainty. Learn how to make vital early Go/Kill decisions,
including the idea screen, business case decisions, and the
Go-to-Development decision. See how leading companies make these idea
screening and early gate decisions effectively with very limited information using
advanced qualitative methods.
11:00 Developing Unique, Superior Products
Prodex Innovation Masterclass Series 2015 | 13
� Create Breakthrough New Product
Ideas to Achieve Game-Changing
Innovation
Learn about the best 25 idea generation techniques – the most effective and the most popular
Create strategically-driven new product ideas
Improve the quality of your ideas with proven Voice-of-Customer methods
Employ Open Innovation effectively to generate great ideas – the right sources and methods
� Allocate Scarce Resources and
Money Often Spent on the Wrong
Ideas and Projects
Pick the best ideas and your next new product winners – predict success and failure early on
Apply proven scorecards based on “success markers” to help pick winners early
Facilitate fast and successful decision making – and use the best projectselection methods
Select and develop winning new product projects – make the right investment decisions
� Translate Great Ideas into Winning
Product Development Projects
Develop a unique superior product: get the right up-front homework done
Manage the “fuzzy front end” of development projects more effectively
Learn how to build a robust business case for innovative ideas to get them into development
Accelerate your best new product projects and get them to market effectively & efficiently – more agile and adaptive methods
AgendaDay 2
Select & Develop Great New Product Winners
LearningOutcomes
BREAKTHROUGH IDEAS & GREAT NEW PRODUCTS | MELBOURNE
Product Development Excellence
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“Implementing a single global best practice approach to innovation management consistently across our matrix structure was a corporate priority. Prodex lead every aspect of the project from strategy to execution in 3 months”John ChattertonMarketing Director - Grocery Category Goodman Fielder Limited
Prodex Systems
14 | Prodex Innovation Masterclass Series 2015
Prodex supports the definition of Strategy and Process, the training and empowerment of
people and the implementation of technologies which drive Innovation success. We offer
an integrated range of services which support our mission to enable excellence in New
Product Innovation (NPI):
“Our mission is to optimise the return on your innovation investment”
Prodex Systems is a specialist provider of Consulting, Training and Software
Implementation services which facilitate best practice management of new product
development. Our consulting approach is closely aligned to Robert Cooper's
methodologies and our consulting assignments include the implementation of Stage-Gate®
and Product Portfolio Management systems.
CONSULTING TRAINING SOFTWARE
Innovation Process Audits
Innovation Process Development
Portfolio Management Systems
Strategy & Ideation Workshops
Prodex provides a range of customised and in-house training workshops to ensure your
business is aligned with the latest in successful product development. We are also in
partnership with some of the World’s leading innovation academics & practitioners:
TRAINING
Dr. Robert Cooper: Voted World’s #1 Innovation Scholar, creator of Stage-Gate®
professor, consultant and prolific author of best selling NPD management books.
Dr. Irene Petrick: Internationally recognised expert in Strategic Roadmapping,
consultant to Boeing, Motorola and Intel and Professor at Penn State University.
CONSULTING
Prodex is the Australian & New Zealand re-seller of the Accolade® product suite by
Sopheon. The Accolade® software suite is the first in the industry to provide end-to-end
support for strategic roadmapping, idea development, product portfolio management, and
innovation process execution. Sopheon’s innovation management software solutions are
used by Global 1000 manufacturers and service providers across the globe including;
BASF, Corning, Electrolux, Honeywell, Nasa, PepsiCo, GM & Reckitt Benckiser.
SOFTWARE
Innovation Process Implementation Voice of the Customer Methods
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AUCKLAND WINNING AT NEW PRODUCTS
MELBOURNE BREAKTHROUGH IDEAS & GREAT NEW PRODUCTS
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