Development of Innovation Framework
The Situation
This utility was required to track and report on innovation spend and demonstrate the benefits derived from the money spent.
The Task
Initiate a programme to gain a better understanding of new innovation investment, in order to align with business benefit and return on investment.
The Action / Approach
Initiated programme and reporting governance/structure.
Coached naive project managers who had no experience in project reporting and governance
The Result
Refocussed team behaviours and objectives on benefit-realisation greater than 10%, resulting in savings in excess of £5m
Developed visual management hub – tracking activities completed, next activities and costs
Coached 5 new Project Managers, in how to deliver successful capital project management, to pre-aligned parameters and to deliver on
time and on budget.