Skip to main content

Innovation Business Plan at Siemens: Portfolio-Based Roadmapping to Focus on Promising Innovation Projects Right from the Beginning

  • Conference paper
Technology Roadmapping for Strategy and Innovation

Abstract

Roadmapping is an effective tool for supporting innovation projects and business strategies. It is easy to implement and can be used in many different ways. In an international and globally operating company like Siemens, roadmapping offers senior management a valuable aid for decision-making that is easy to understand in any language. Siemens has developed a supportive approach to decision-making known as the innovation business plan. The core of this innovation business plan consists of a portfolio-based roadmapping process. The purpose of this paper is to provide an overview of the above-mentioned portfolio-based roadmapping approach within the innovation business plan and its compilation in the organization.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 299.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Similar content being viewed by others

References

  1. Anton, O., Schnorr, J.: Der Schlüssel zur kontinuierlichen Innovation heißt Siemens PLM. CADplus Business + Engineering 9(6), 4–6 (2006)

    Google Scholar 

  2. Bucher, P.E.: Integrated Technology Roadmapping: Design and Implementation for Technology-based Multinational Enterprises. Dissertation Thesis. Zurich: Swiss Federal Institute of Technology (2003)

    Google Scholar 

  3. Cosner, R.R., Hynds, J., Fusfeld, A.R., Loweth, C.V., Scouten, C., Albright, R.: Integrating roadmapping into technical planning. Research Technology Management 50(6), 31–48 (2007)

    Google Scholar 

  4. Eberl, U.: Life in 2050. Beltz & Gelberg, Weinheim (2011)

    Google Scholar 

  5. Farrokhzad, B., Kern, C., Fritzhanns, T.: Innovation Business Plan im Hause Siemens - Portfolio-basiertes Roadmapping zur Ableitung Erfolg versprechender Innovationsprojekte. In: Möhrle, M.G., Isenmann, R. (eds.) Technologie-Roadmapping. Zukunftsstrategien für Technologieunternehmen, pp. 325–352. Springer, Berlin (2008)

    Chapter  Google Scholar 

  6. Foster, R.N.: Innovation: The Attacker’s Advantage. Summit Books, London (1986)

    Google Scholar 

  7. Gerpott, T.J.: Strategisches Technologie- und Innovationsmanagement. Schäffer-Poeschel, Stuttgart (2005)

    Google Scholar 

  8. Groenveld, P.: Roadmapping integrates business and technology. Research Technology Management 50(6), 49–58 (2007)

    Google Scholar 

  9. Kleinschmidt, E.J., Geschka, H., Cooper, R.G.: Erfolgsfaktor Markt. Kundenorientierte Produktinnovation. Springer, Berlin (1996)

    Book  Google Scholar 

  10. Roussel, P.A., Saad, K.N., Tiby, C.: Management der F&E-Strategie. Gabler, Wiesbaden (1991)

    Google Scholar 

  11. Möhrle, M.G.: Der richtige Projekt-Mix. Springer, Berlin (1999)

    Book  Google Scholar 

  12. Möhrle, M.G.: TRIZ-based technology-roadmapping. Int. J. Technology Intelligence and Planning 1(1), 87–99 (2004)

    Google Scholar 

  13. Pfeiffer, W.: Technologie-Portfolio zum Management Strategischer Zukunftsgeschäftsfelder. Vandenhoeck & Ruprecht, Göttingen (1991)

    Google Scholar 

  14. Phaal, R., Farrukh, C.: Technology Planning Survey - Results. Centre for Technology Management, Project Report, University of Cambridge, March 14 (2000)

    Google Scholar 

  15. Phaal, R., Farrukh, C., Probert, D.: Technology Roadmapping: Linking Technology Resources to Business Objectives (2001), http://www.ifm.eng.cam.ac.uk/ctm/publications/tplan/trm_white_paper.pdf (accessed July 11, 2011)

  16. Phaal, R., Farrukh, C., Mitchell, R., Probert, D.: Starting-up roadmapping fast. Research Technology Management 46(2), 52–58 (2003)

    Google Scholar 

  17. Specht, D., Behrens, S.: Produkt- und Technologieroadmapping (2006), http://heilbronn.ihk.de/upload_dokumente/infothek/anlagen/7392_2532.pdf (accessed November 01, 2006)

  18. Specht, G., Beckmann, C., Amelingmeyer, J.: F&E-Management. Kompetenz im Innovationsmanagement. Stuttgart: Schäffer-Poeschel (2002)

    Google Scholar 

  19. Steinmann, H., Schreyögg, G.: Management, Grundlagen der Unternehmensführung: Konzepte, Funktionen, Fallstudien. Gabler, Wiesbaden (2005)

    Google Scholar 

  20. Weyrich, C.: Zentrale Forschung und Bereichsentwicklung als Speerspitze der internationalen Innovationsaktivitäten bei Siemens. In: Gassmann, O., Zedewitz, M.V. (eds.) Internationales Innovationsmanagement: Gestaltung von Innovationsprozessen im Globalen Wettbewerb, pp. 119–125. Vahlen, München (1996)

    Google Scholar 

  21. Wolfrum, B.: Strategisches Technologiemanagement. Gabler, Wiesbaden (1994)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Babak Farrokhzad .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Farrokhzad, B., Kern, C., de Vries, M. (2013). Innovation Business Plan at Siemens: Portfolio-Based Roadmapping to Focus on Promising Innovation Projects Right from the Beginning. In: Moehrle, M., Isenmann, R., Phaal, R. (eds) Technology Roadmapping for Strategy and Innovation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-33923-3_13

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-33923-3_13

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-33922-6

  • Online ISBN: 978-3-642-33923-3

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics