Focus on Growth and Innovation
As reported by the Wall Street Journal, commercial organizations are looking to inorganic growth options to leverage built-up capital reserves. While this may produce short-term growth results, Newport Consulting believes strategic long-term growth results from innovation and differentiation in the marketplace. We hope you find this month's links and stories of interest as organizations prepare for CY2011.
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 Sustainability Practice Update
Newport Consulting recently announced its Sustainability Practice, focusing on the key areas of program definition, program assurance, and technology enablement. In addition we are pleased to participate in the Sustainability Leadership Program later this month at the University of Oregon in the ideas exchange and development of consistent management systems to address corporate sustainability issues. Learn more about our point of view on corporate sustainability by visiting our website.
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 Recession-proofing
Innovation and R&D
While studies have shown that R&D spend does not always correlate to innovation ROI, cutting R&D spending across the board as part of cost reductions during a recession can have significant negative strategic impacts. Newport Consulting Group staff serve as members of the McKinsey Quarterly Executive Panel, and recently contributed to a McKinsey study on innovation and commercialization. For more information visit the McKinsey Quarterly innovation and strategy page.
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 "Understanding EPM" Comes in at #8
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Case Study: Global Innovation Transformation
Based on over five years of industry research, our firm has worked with global organizations to structure pathways and facilitate designs that create disruptive innovation. Innovation isn't just high R&D spend it's about how to enable the culture of your organization to become more innovative in its thinking and daily practice. Read about how a leading global consumer products manufacturer made the change here.
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 OPM3 - Approach to
Organizational Governance and Performance
We offer a number of frameworks to organization governance and performance, including OPM3 (Organizational Project Management Maturity Model). Tom Keuten, Principal of our Program and Risk Management practice, will lead the OPM3 certification session November 8-11 in Scottsdale, Arizona. Click here for more information including registration for this and other OPM3 sessions.
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 Leveraging Order to Cash Processes for Effective Global Trade Management
Did you miss our blog on leveraging O2C with the global trade processes of customs and compliance management? Read the full article at SAP Insider GRC Expert by Managing Principal William Newman here (subscription required).
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