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Puneet Sharma
FANTAS CORP, A SUCCESSFUL
FORTUNE 500 COMPANY, HAS A
POPULAR PRODUCT IN THE MARKET
Increased competition and
internal complexity has
been weighing them
down.
Michelle Lucas, Head of R&D, is
struggling to organize the
company’s innovative efforts.
R&D projects are funded
based on the political power
of their champions.
Michelle attends “Managing the R&D portfolio” by David Matheson.
R&D portfolio
management is quite
different from operational
portfolio management.
First, there is not
really any data
about the future in
R&D portfolios.
Second, your decision
is about which good
projects you’re going to
kill so you can focus on
the great ones.
Porfolio Decision
Analysis provides a
learning framework
to help separate the
great projects from
the good ones.
By embedding portfolio decision
analysis into your work process, you
can get the entire R&D organization
to engage with the right questions.
Let’s chat.
SmartOrg
can help.
John, can we really
do this in-house?
At what cost?
They’re making
a big mistake...
This is
intriguing. How
do we do this?
let’s not get another vendor in when
we already have a solid IT team in house.
I think SmartOrg provides a
great competency in portfolio
decision analysis. What do you
think of their proposal?
That sounds
like $300K. Let’s
do it first
in-house and
see how it goes.
Barry Saunders, CEO
John Meyers, IT Manager
Just give me Six
months and the
funding for three
developers.
There’s a different
between theoretical
understanding and
actual experience.
Six months later . . .
Uh, this is getting more complex than
we thought. Michelle’s team can’t
quite tell us what they need.
We should’ve trusted Michelle’s
intuition. Let’s start talking to
SmartOrg and meet again.
I’m concerned about the
quantitative focus. We value the
rich conversations we have here.
Let’s do
a basic workshop
so we understand
how this process
works.
Yes, I don’t
want to
lose that.
So where do
we stand?
We can’t because, as
I said six months ago,
we don’t have this
competency.
Barry Saunders,
CEO
In a SmartOrg workshop
I didn’t realize that SmartOrg’s
quantitative approach is
actually designed to support
rich conversations!
Yes, and their
system is
designed to
make these
conversations
happen in real
time over
grounded
information.
Why haven’t I
seen anything
like this before?
You need to bring together both
software development and a decision
analysis background to pull this off.
We have both at SmartOrg.
It’s amazing how
much high-quality
information can
be generated
from internal
staff just by
asking the right
questions!
Tim, FP&A executive
You’re basically showing us what
strategic business planning ought
to be about. I think we need to
adopt this organization-wide.
855 Oak Grove Avenue, Suite 202
Menlo Park, CA 94025
T: +1.650.470.0120 | F: +1.650.328.1612
info@smartorg.com | www.smartorg.com
SmartOrg software and professional services provide executives with decision-
smaking solutions they can depend on when investments are risky and rewards
are uncertain. Our decision technology has helped Fortune 500 companies deliver
breakthrough value for over 15 years.
© 2000-2015 SmartOrg, Inc. All rights reserved. SmartOrg and Portfolio Navigator are registered trademarks of SmartOrg
in the USA and other countries. Other company and product names mentioned in this publication may be trademarks or
registered trademarks of their respective companies. 2015-08-19

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Comic Book: Adventures in Product Innovation

  • 2. FANTAS CORP, A SUCCESSFUL FORTUNE 500 COMPANY, HAS A POPULAR PRODUCT IN THE MARKET Increased competition and internal complexity has been weighing them down. Michelle Lucas, Head of R&D, is struggling to organize the company’s innovative efforts. R&D projects are funded based on the political power of their champions.
  • 3. Michelle attends “Managing the R&D portfolio” by David Matheson. R&D portfolio management is quite different from operational portfolio management. First, there is not really any data about the future in R&D portfolios. Second, your decision is about which good projects you’re going to kill so you can focus on the great ones. Porfolio Decision Analysis provides a learning framework to help separate the great projects from the good ones. By embedding portfolio decision analysis into your work process, you can get the entire R&D organization to engage with the right questions.
  • 4. Let’s chat. SmartOrg can help. John, can we really do this in-house? At what cost? They’re making a big mistake... This is intriguing. How do we do this? let’s not get another vendor in when we already have a solid IT team in house. I think SmartOrg provides a great competency in portfolio decision analysis. What do you think of their proposal? That sounds like $300K. Let’s do it first in-house and see how it goes. Barry Saunders, CEO John Meyers, IT Manager Just give me Six months and the funding for three developers.
  • 5. There’s a different between theoretical understanding and actual experience. Six months later . . . Uh, this is getting more complex than we thought. Michelle’s team can’t quite tell us what they need. We should’ve trusted Michelle’s intuition. Let’s start talking to SmartOrg and meet again. I’m concerned about the quantitative focus. We value the rich conversations we have here. Let’s do a basic workshop so we understand how this process works. Yes, I don’t want to lose that. So where do we stand? We can’t because, as I said six months ago, we don’t have this competency. Barry Saunders, CEO
  • 6. In a SmartOrg workshop I didn’t realize that SmartOrg’s quantitative approach is actually designed to support rich conversations! Yes, and their system is designed to make these conversations happen in real time over grounded information. Why haven’t I seen anything like this before? You need to bring together both software development and a decision analysis background to pull this off. We have both at SmartOrg. It’s amazing how much high-quality information can be generated from internal staff just by asking the right questions! Tim, FP&A executive
  • 7. You’re basically showing us what strategic business planning ought to be about. I think we need to adopt this organization-wide. 855 Oak Grove Avenue, Suite 202 Menlo Park, CA 94025 T: +1.650.470.0120 | F: +1.650.328.1612 info@smartorg.com | www.smartorg.com SmartOrg software and professional services provide executives with decision- smaking solutions they can depend on when investments are risky and rewards are uncertain. Our decision technology has helped Fortune 500 companies deliver breakthrough value for over 15 years. © 2000-2015 SmartOrg, Inc. All rights reserved. SmartOrg and Portfolio Navigator are registered trademarks of SmartOrg in the USA and other countries. Other company and product names mentioned in this publication may be trademarks or registered trademarks of their respective companies. 2015-08-19