CHAOS Tuesday #31 is on the concept of the innovation Center developed by The Standish Group. Our guest, David Hall, professional CIO & CTO, outlines the innovation center. The concept of the Innovation Center is for organizations that are burdened by intense governance and high compliance expenses such as financial institutions, regulated industries and government agencies to streamline the process though an innovation funnel. The idea of innovation Center is to create an idea factory that would produce small projects and prototypes. The Innovation Center could adopt advanced engineering techniques such as set-based concurrent engineering. The innovation Center allows organizations to take on more risk in a controlled environment. In this program we explore:
- Major tenets of the Innovation Center
- Agile process within the Innovation Center
- Breadbasket budgets
- Innovation Center process flow
- OptiMix and the Innovation center
Part of CHAOS Tuesday: looks at resources can used to create and maintain an innovation center.
David Hall has 35 years in IT, in roles ranging from systems programmer and program manager through CIO and CTO across multiple industries, including nearly three decades in financial services, David has a broad skillset and background having previously served as a State Street IT executive. He has subsequently served as an Enterprise Architect at a major investment house, led many re-architecture programs with budgets exceeding $400M. David worked with emerging technology firms, providing product evaluation, direction, and placement services, and was CIO for one of the preeminent Private Equity firms. David has a masters degree in accounting and Information Systems from Northwestern University, Kellogg School of Management Accounting and a BS degree in chemistry from Massachusetts Institute of Technology.
Jim Johnson is the founder and chairman of The Standish Group. He has been professionally involved in the computer industry for over 40 years and has a long list of published books, papers, articles and speeches. He has a combination of technical, marketing, and research achievements focused on mission-critical applications and technology. He is best known for his research on project performance and early recognizing technology trends. Jim is a pioneer of modern research techniques and continues to advance in the research industry through case-based analytical technology.
Jim is the chief information officer and architect for The Standish Group International. He is an experienced executive with over 40 years of experience in the field of Information Technology. He has had a diverse career leading IT organizations in academia, biomedical, manufacturing, and software companies.
Rick Brutti has more than 30 years as an entrepreneur and business consultant, assisting companies in raising capital and financial management.