2011 New Orleans Las 5
-
Upload
charles-costa -
Category
Documents
-
view
218 -
download
0
Transcript of 2011 New Orleans Las 5
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 1/11
SOA Life & Annuity SymposiumMay 16-17, 2011
Session 5, Product Development Section Hot
Breakfast
Moderator:
Mitchell R. Katcher, FSA, MAAA
Presenter:
Cherie Courseault Trumbach
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 2/11
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 3/11
I P
The combined activities leading to new, marketable products and services and/or new production delivery systems.
W
I P
Deliver products to Need for forecasting market quickly
Respond to external environment quickly
abilities
Efficiently determine what is worth pursuing and what is not
Understand of the implications of the new product
Keep the organization focused
Need to change courses when necessary
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 4/11
T L O
Learning organizations are generally described
as those that continuously acquire, process, and
disseminate knowledge about markets, products, technologies, and business processes.
and therefore respond more quickly to new
information. Thus giving the organization a
strategic advantage.
• Personal Mastery – step out of the comfort
T 5 D L O
• Mental Models – allows quick decision making
but should be challenged
• Shared Vision – galvanizes people to action
• Team Learning – free flow of ideas between
team members• Systems Thinking – seeing the interaction of
parts
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 5/11
F L
I
S T B S
• B F
• A
• E C
• S I
O C
• H O T M
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 6/11
A R I
• Developed out of the recognized need for a
more rap an e ect ve approac to ra ca
innovation
• Need for interactive engineering‐business‐
social science approaches to technological
innovation
• Pictures radical innovation as an information
driven, closed loop process.
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 7/11
T D S
Technology
Push Market Pull
W L T M
• F L
– Place to focus learning activities
• I F
– Factors that impact technological innovations
• I E
– Better interpretation of the environment
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 8/11
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 9/11
14 MOT Issues
•
39 MOT Questions
• ’
~200 Innovation IndicatorsWHAT?
•
MOT I Q
I I
• R&D ProjectInitiation
• EngineeringProjectInitiation
• New ProductDevelopment
• Strategic Planning
• … etc.
• Fit into tech landscape?
• Drivers?
• Competing technologies?
• Likely development paths?
• … etc.
technology
• 3-D trend charts for topic clusters
• Ratio of conference to journal papers(benchmarked)
• Scorecard rate-of-change metrics fortopic clusters
• Time slices to show evolution of topical emphases
• Topic growth modeling (S-curve) fit & ex rapo a on
WHO?
• Pie chart: Company vs. Academic vs.Government publishing
• Topical main players’ profiles
• Spreading (or constricting) # of players by topicTech Mining
L [Find, Group,…]
• When was research
• What are the most
discussed topics?
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 10/11
8/6/2019 2011 New Orleans Las 5
http://slidepdf.com/reader/full/2011-new-orleans-las-5 11/11
R
• Pak Tee Ng, The learning organisation and the innovative
or anisation Human S stems Mana ement 23 2004
93–100 93
• Tech Mining by Alan Porter and Scott Cunningham, Wiley, 2005
• Dismukes, John P. “Information Accelerated RadicalInnovation From Principles to an Operational Methodolo “Industrial Geo ra her Fall2005 Vol. 3
Issue 1, p19‐42, 24p, 7
• Burgelman, Christenson and Wheelwright (Eds), Strategic
Management of Technology and Innovation 4th Edition