Programs Pasadena | Understanding Your Customer is Key to Driving Innovation, Value & Project Success

Strategy = Business Acumen

Is your growth strategy based on an unmet, highly valuable customer need? Have you ever missed a customer need—one that is not fulfilled by any product or service that is now on the market? The identification of a customer's need in context requires a deep understanding of the customer's experiences. Today it seems the only sustainable competitive advantage is for you to know your customer better than your competition.

Successful organizations have a proven effective process in place to obtain and utilize Voice of the Customer (VOC) to identify new opportunities, grow substantial and sustainable new revenue, and improve margins. Eliciting the VOC while balancing with Voice of the Business (VOB), is an extremely important part of the new product development process.

Learning Objectives:

  • Explore how to identify customer needs in context resulting in a deep understanding of customer’s experiences.
  • Define a 2-stage, 8-step process that includes a voice of customer-driven innovation and high-performance execution. 
  • Identify four case studies, ranging from a $2M engineering services company to a $1B network infrastructure solution company resulting in patent-pending solutions that turned operating income from negative to 8%, a new service offering that achieved 10% operating income in the 1st year, and 65% gross margin services offerings that exceeded initial revenue targets.
  • Discuss how to elicit the VOC while balancing with Voice of the Business (VOB).
  • Define a checkpointed basis for design and marketing decisions from concept development through product launch.

Speakers: Scott Stribrny

stribrny-scott-200x200.jpgScott Stribrny brings nearly 40 years of experience in software, systems, and management to his client engagements and his Loyola Executive Education courses. An internationally acknowledged authority in project management, information systems/technology, systems engineering, and lean development and management, Scott is interested in the intersections of business, technology, and organizational risks.

Beginning a corporate career with a start-up firm that went from zero to 100 million dollars in just five years, Scott moved on to a Fortune 50 conglomerate where he worked with industry-leading engineers, scientists, and the executive suite. Scott ascended to management and was responsible for the development of groundbreaking products and services where he applied best practices in project management. His accumulated management experience ranges across many industries, including aerospace, telecommunications, finance, insurance, retail, information services, and manufacturing.

Scott is president, co-founder, and managing director of Group Atlantic, Inc.; a senior consultant in the business technologies strategies practice for IT research company the Cutter Consortium; and a thought leader at the IT Metrics and Productivity Institute. His courses on leadership development, high-performance teams, requirements definition, risk management, and project estimating are well known for their innovation and practical applicability.

Scott is widely published on the subjects of risk management and project/program management and is a frequent keynote speaker at conferences and company events. He is known for his practical knowledge and content, and refreshing and engaging delivery.

Scott.stribrny@groupatlantic.com

https://www.linkedin.com/in/scottstribrny/

https://www.groupatlantic.com

Unknown-1.jpg

Brendan Doorhy has worked as an engineer, product manager, program manager, business development manager, and director of a $60M business.  He has worked in the automotive, engineering consulting, and IT industries.  He brought innovation to every role he held evidenced by these 30 US patents.

As a leader within a $1B OEM, Brendan led teams that developed products and solutions that contribute more than $100M of annual revenue. He led the Intelligent Management Systems business unit. This $60M business comprised 100 engineers, product managers, program managers, and business development managers in 3 continents. He developed a software center of excellence in the US and a hardware center of excellence within EMEA. Also, within this role, Brendan contributed to the business case, due diligence, and integration of the company's first-ever acquisitions.

As a strategic growth program leader, Brendan developed a new growth business targeting a new customer segment of IT system integrators. This was accomplished using an eight-step market-driven growth methodology. This process included value proposition hypothesis, target segment interviews/discovery, business case development and execution. This resulted in a new business initiative that generated a high margin of $20M growth revenue in year three.

Agenda

  • 7:30 AM - 8:00 AM Networking, and PMI Announcements
  • 8:00 AM - 8:45 AM Presentation
  • 8:45 AM - 9:00 AM Q&A

PDUs

1 PDU - Strategic Business Management Category - will be awarded to the attendees. No further action is required 

Price

  • $0 for PMI-LA Chapter Members
  • $5 for Non-Members

Location & Parking

Online - Meeting participation information will be provided through your registration confirmation email.

IMPORTANT:

After you register you will immediately receive an email that contains in the Subject, “Invoice for Your Purchase on PMI-LA”. Do Not Delete!  
This email has the link & login info for the webinar, so save it until then.  Alternatively this information has been stored in My Calendar on the website, so after you log in, the information can be found here and you can add it to your personal calendar using the calendar icon at the upper right.

Questions, Suggestions, Volunteer Inquiries

Contact the Pasadena Team at pasadena@pmi-la.org 

  

Photo Disclaimer

Upon participating in any PMI event, you are agreeing to allow PMI to use your likeness for use in its promotional material including their websites.

Postponement / Cancellation

Please refer to the Cancellation Policy section of the FAQ page

This event may be canceled or postponed by the Chapter, though all efforts will be made to avoid doing so.  If canceled or postponed, notification will be made to all registrants via email.

50th-under-event-page-promo-837x300.png

It is no longer possible to register for this event

It is no longer possible to register for this event

Information

Type of category: Public Events

Type of activity: Strategy = Business Acumen

Date: July 21st, 2022

Hour: 7:30AM to 9:00AM

PDUs: 1

Price

Students and Military: Free

Members: Free

Non members: $5.00

Location

Online