Phoenix Convention Center Phoenix, Arizona Making Demonstrations Matter Track 3Session 9 Dr. Cheryl Martin Harwich Partners August 13, 2015.

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Presentation transcript:

Phoenix Convention Center Phoenix, Arizona Making Demonstrations Matter Track 3Session 9 Dr. Cheryl Martin Harwich Partners August 13, 2015

Innovation People creating value through the implementation of new ideas -Herman D’hooge, Intel

Innovation People creating value through the implementation of new ideas -Herman D’hooge, Intel

What is a demonstration? ‣ Single technology –New product with improved features –Product has similar components, risks, etc as existing installed product ‣ Multiple technologies and/or new system –Enhanced benefit to site but requires system level changes –Components may not have been tested together at a system level ‣ Business model –Technology has been demonstrated elsewhere –Demonstration will look at new business models, differing roles/responsibilities, new ways of engagement among participants

What do you want from a demonstration? ‣ Very different perspectives depending on where you sit –Technology provider Demonstration of prototype benefits at larger or system level scale; obtain data for certifications, warranties, funding –Facilities manager New capabilities desired to drive site or agency/company goals, reduce costs, gain capabilities –Funding sponsor Information needed for policy guidance; establish benchmarks as critical part of roadmap development ‣ Bottom Line –Value needs to be defined for all participants

Finding potential partner(s) ‣ Alignment of interests –How does (could) the value chain work? –What is my product and what value am I bringing? –How does it fit into a system? –What problem does it solve? For whom? –What is the competition? ‣ Funding –What type / size demo is needed? –How much will it cost ($ and time)? –Where could funding come from? –What is relationship between $ and timing? ‣ Timing –Start looking earlier than you think –Plan for contingencies

Planning for success ‣ Agree up front on objectives –Meet in person, if possible –Write down objectives Be specific Test with everyone who needs to be involved –Agree on timing ‣ Risks (yes, there are some) –Use Pareto chart or other tools to map risks –Test your assumptions –Agree on mitigation plan ‣ Metrics –Write them down –Define the pass/fail as well as the Go/No Go –Make them measurable, specific and time-bound –Metrics should not be aspirational ‣ Share your learning

Thank You 8