Creativity means coming up with new ideas. Innovation means making money on those ideas. How do you make the transition?
We have developed a range of decision-making tools that can help you understand and increase the profitability of your product development efforts and direct your innovation strategy.
Specific areas where we can help
- Project portfolio and capital expenditure strategy, analysis, valuation, timing, ranking and selection
- Estimate fuzzy data (e.g., sales forecasts, research costs, development times for risky projects, valuation of intellectual property) using min-likely-max scenario modeling
- Estimate, monitor and manage product and project performance using key metrics, indicators and information dashboards
- Clear, easy-to-use, versatile visual control boards to monitor the status and health of large numbers of concurrent product development projects and support on-the-fly reallocation of resources
- Financial and non-financial business case analysis and scenario modeling from quick and simple to rigorous and complex, using customized modeling modules and templates
- Valuation indicators including Net Present Value (NPV), Economic Value Added (EVA), Internal Rate of Return (IRR), Return on Investment (ROI), Breakeven (BE) in terms of time, money, or units, Gross and Contribution Margin (GM, CM), Gross Margin Return on Inventory (GMROI), etc.
- Make/buy, outsourcing and cost-of-production-location analyses
- Costing models including costed Bills of Materials and costed Bills of Labor modules, and unit profitability analyses
- Licensing, terms and conditions rate recommendations and modeling
