Post on 24-Jun-2020
INNOVATION FACTORY
FIND YOUR EDGE
• Increased Organizational Complexity• Regulatory Requirements Incur Painful Costs• Fragmented Manual Processes Lead to Slow Time-to-Market• Scattered Knowledge, No Single Source of Truth• Cumbersome, Opaque Processes, Little to No Audit Trails
• Real-time Collaboration, Strengthened Enterprise-wide Communication• Improved Governance that Reduces Operational Risk • Faster Time-to-Market• Improved Efficiencies • Enhanced Corporate Memory • Greater Transparency• Transversal Knowledge with Pre-defined Templates that Help Organize Transformation and Timely Execution
BUSINESSREQUIREMENT
• Provides a Transformed, Multi-stakeholder, Collaborative Environment• Limits Costs of Regulatory Transformation• Mitigates Related Risk Execution • Industrialized Product Development• Digitized Knowledge Universe with Pre-defined Documents• Provides a Reliable Single Source of Truth• Robust Governance Structures and Automated Operations
BENEFITS
ADVANTAGES
• Lifecycle Management from Idea Generation, Business Case, Product Definition, Development & Validation, to Product Retirement• Enhances Innovation• Enables Transformation: Culture, People and Organization, Processes, Information, and Systems
WHAT DOESIT DO?