Innovation Portfolio Performance: A 2014 Snapshot

Growth Team Membership T FROST & SULLIVA N CEO 2014 GLOBAL R&D/INNOVATION PRIORITIES SURVEY RESULTS From identifying breakthrough concepts, to setting a portfolio strategy, to prioritizing innovation opportunities, portfolio INNOVATION PORTFOLIO management concerns dominate R&D executives' PERFORMANCE A 2014 Snapshot focus for 2014. FREE Access the 23-page report at: http://bit.ly/lo|kTcl 2014 Key R&D/Innovation Challenges PRIMARY CHALLENGE AND ROOT CAUSE Generating breakthrough innovation concepts Ineffective process 2014 R&D/Innovation Resource Trends STAFFING LEVELS 78% Expect staffing will either remain constant or increase moderately BUDGETS Predict no change 42% in budgets State of Innovation Portfolio Management RATING INNOVATION CONCEPTS Many non-R&D factors can influence portfolio decisions Picked alignment with priorities across the enterprise as the most important criterion 73% Primary Influencers on Portfolio Management The CEO and the Corporate Strategy function wield the most influence outside of R&D 57% 56% Corporate Strategy CEO BARRIERS TO EFFECTIVE PORTFOLIO MANAGEMENT- Chose risk-averse Sg 67% organization culture as the number-one barrier Register at http://bit.ly/lolkTcl to download a free copy of our: >"R&D/Innovation Priorities: 2014 Global Survey Results" SOURCE: "R&D/Innovation Priorities: 2014 Global Survey Results" http://www.frost.com/sublib/display-market-insight.do?id%=290142698. ORIGINAL FILE: JPG: http://bit.ly/IgHWqEg; PDF: http://bit.ly/IlygQCB Growth Team Membership TM (GTM) is a best practice research and consulting program that supports executives within the functions that report to the CEO. M [email protected] www.gtm.frost.com @Frost_GTM Copyright © Frost & Sullivan