INNOVATION MANAGEMENT

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1 Over Four Decades of Industry-led Collaborative Research CAM-I WINTER MEETING 2017 December 4-6, San Diego, California INNOVATION MANAGEMENT

2 CAM-I Vision: To be recognized as a premier collaborative forum for innovative, leading edge management solutions that create lasting value.

3 Invitation from the President of CAM-I I would like to invite you for the Consortium for Advanced Management International (CAM-I) Winter Meeting at the Catamaran Resort Hotel and Spa, 3999 Mission Boulevard San Diego, California from December 4th to 6th, CAM-I has reserved a block of rooms at a discounted rate of $ plus tax per night. This rate is good through 10 November The theme of this quarter s meeting is Innovation Management. We have excellent line up of topics and speakers on Tuesday morning: Mohan Nair - SVP, Chief Innovation Officer, Cambia Health Solutions Dave Robinson, Business Manager, Royal Australian Navy Sandra Peter, Director, Sydney Business Insights, The University of Sydney Business School, Australia Our quarterly meetings are the primary vehicle to further CAM-I s Mission - To serve as a collaborative forum of thought leaders who develop practical and effective management tools, techniques and methods to advance the way organizations manage costs, processes and performance. On Tuesday afternoon we have training on Implementing CAM-I s Performance Management Framework. CAM-I welcomes our first time attendees and guests. Attendees will receive CPE credit hours for the meeting. More details are in the attached meeting notice. If you have any questions about our programs please contact me at ashok@cam-i.org or at (512) Ashok Vadgama President, CAM-I

4 Agenda All meetings and Interest Group Sessions are at the Catamaran Resort Hotel and Spa, 3999 Mission Boulevard San Diego, California Dress Code: Business Casual MONDAY, December 4th, :15 a.m. Welcome / Registration / Continental breakfast 8:30 a.m. Interest Group Sessions: Performance Management Cost Management and Target Costing Environmental Sustainability Intelligent Data Quality Management Integrated Risk and Value Management 12:00 p.m. Lunch [on own] Members Forum lunch [by invitation only] 1:30 p.m. Interest Group sessions continue 5:15 p.m. Networking Reception at the Hotel TUESDAY, December 5th, :15 a.m. Continental breakfast 8:30 a.m. Welcome Lauren M. Pashia, Business Manager, The Boeing company, CAM-I Industry Chair Ashok Vadgama, CAM-I President 8:45 a.m. Innovation from within: the science and art of corporate entrepreneurship - Mohan Nair, SVP, Chief Innovation Officer, Cambia Health Solutions. 9:45 a.m.. Break 10:00 a.m. Building and Sustaining Innovative Culture - Dave Robinson, Business Manager, Royal Australian Navy. 11:00 a.m. Topic Dr. Sandra Peter, Director, Sydney Business Insights, The University of Sydney Business chool, Australia. Noon - Lunch [on own] 1:00 p.m. to 4:30 p.m. Implementing CAM-I s Performance Management Framework Training 1:30 p.m. Interest Group Sessions continue 5:00 p.m. Adjourn WEDNESDAY, December 6th, :15 a.m. Continental breakfast 8:30 a.m. Interest Group Sessions continue 12:00 p.m. Adjourn

5 Travel San Diego, California Meeting Location - All the Cam-I meetings are at the Catamaran Resort Hotel and Spa, 3999 Mission Boulevard, San Diego, California Phone: (858) CAM-I Negotiated Rate - CAM-I has reserved a block of rooms at a discounted rate of $ plus tax per night. This rate is good through 10 November, The hotel will continue to take reservations pass this date based on the rate and availability. Rooms are limited at the CAM-I rate. Reserve as soon as possible either by calling them or to the following URL. Booking Link: Following are the web links for your use: Group Rate: Government Rate Link: Group Name: CAM-I

6 Registration Register today at and click on meetings and events at the top of the page. On Registration - Please select two groups to attend for the two and a half days. Select Network Reception on Monday if you plan to attend. Select Tuesday morning session. Select Tuesday afternoon Training if you are planning to attend. Contact Info CAM-I, Consortium for Advanced Management International Ashok Vadgama, President 6836 Bee Cave, Suite 256 Austin, TX Phone: (512) Mobile: (512)

7 General Information CPE Credits Contact Information CPE Credits NASBA NATIONAL REGISTRY OF CPE SPONSORS This 3-day program qualifies for 20 credit hours. Course Level: Intermediate All Study is Group - Live CAM-I is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on acceptance of individual courses. Complaints regarding sponsors may be addressed directly to NASBA, 150 4th Avenue N., Suite 700, Nashville, TN For more information about this program or for any questions regarding administrative policies such as cancellations, please contact CAM-I office at Dress Code All scheduled meetings and evening events are business casual Upcoming Meetings March 5-7, 2018 June 4-6, 2018 September 10-12, 2018 December 3-5, 2018 Alexandria, Virginia Seattle, Washington St. Louis, Missouri Austin, Texas

8 Current CAM-I Working Groups and Projects Cost Management and Target Costing Understanding the root causes of costs is the foundation to all areas cost management. Target costing has historically been used in product development organizations. The process and fundamental philosophy holds benefits for both product development and service industries as well. In the past the group has focused on a target costing model for service industries. The group is now looking to focus on shared service models, value analysis that focuses on customers and the relationship to cost, cost management, customer profitability, and predictive analytics. The fundamental work that CAM-I has done on target costing for manufacturing will not be lost and any new areas of focus will incorporate past work. The group will also build on the existing CAM-I cost management base of tools and techniques. Chair: Anthony Pember, Phone (703) or anthony.pember@us.gt.com. Intelligent Data Quality Management Data is an asset, but is difficult to manage because of the unique characteristics of data that defy traditional asset management techniques. The Intelligent Data Quality Management group is developing a framework and equation for assigning a monetary valuation to any record of data. Knowing how much a record of data is worth will allow organizations to make more intelligent asset management decisions, such as when to cleanse the data, when to convert or migrate the data to a new system, and when to archive or purge the data. Chair: Carmel Call, Phone: (206) or carmel.call@kingcounty.gov Performance Management The Interest Group has developed the CAM-I Performance Management Framework (PMF), a holistic implementation methodology that supports strategy execution by evaluating and improving organizational business performance regardless of size or industry. The 8-step framework assesses organizational readiness and performance management maturity and then provides guidance and focus on appropriate techniques and measurements for performance improvement. Recent publication (jointly with CPA Canada): The CAM-I Performance Management Framework Executive Overview HOW TO EVALUATE AND IMPROVE ORGANIZATIONAL PERFORMANCE Chair: Derek Sandison, Phone: (905) or dsandison@landmark.ca

9 Integrated Risk and Value Management To be in business is to face a constant stream of potential risks that can disrupt daily activity and put the future of the organization in jeopardy. However, what if the organization were able to assess their potential risks for enterprise value? Robust organizations know how to take on measured risks that boost returns to stakeholders. If handled properly, it may even be possible to increase stakeholders perceived value after a crisis. The goal of the Integrated Risk and Value Management interest group at CAM-I is to explore this risk-value continuum, modifying existing thought and proactively to enable organizations to maximize value by optimizing risk. Chair: Lauren Pashia, Phone (314) or lauren.m.pashia@boeing.com. Environmental Sustainability Interest Group An environmentally sustainable organization balances its current strategic and financial objectives with long-term natural resource preservation and usage to meet the needs of the present without compromising those of future generations. There is an opportunity to leverage cost and performance management tools and techniques to improve the performance and efficacy of environmental sustainability initiatives within an organization. The CAM-I ESIG seeks to leverage CAM-I s existing Body of Knowledge in cost and performance management to develop more effective and efficient management tools and techniques to support environmental sustainability initiatives. Chair: Mark Lemon, Phone (703) or Mark.Lemon@us.gt.com

10 Implementing CAM-I s Performance Management Framework HOW TO EVALUATE AND IMPROVE ORGANIZATIONAL PERFORMANCE Invitation to Awareness Training Performance Management is mentioned and discussed in almost all facets of business. The demand for improved organizational performance along with increased accountability has led to an increase in expectation around the management of performance. However, this has led to a great diversity of views as to what constitutes Performance Management. The research and development conducted by CAM-I s Performance Management Interest Group addressed this issue by identifying factors that affect and improve organizational performance. This led to the development and publication of a standardized and integrated Performance Management Framework applicable to both private and public sector organizations. You are invited to attend the CAM-I Performance Management Framework (PMF) Awareness Training using the latest breakthrough concepts. What is it? Half day of focused training to demonstrate the latest PMF business methodology Who should attend? Cross functional senior managers responsible for improving their organization s performance What is the value of the workshop to your organization? Demonstrates a clear understanding of Performance Management in today s business environment Provides a proven methodology for implementing a Performance Management Framework Creates a common understanding of current and future performance capability Illustrates a roadmap of appropriate techniques to use under various criteria for improving performance Informs direction for the selection of appropriate Performance Measures Provides a sound management tool for leadership development and awareness What previous participants have said? Clearly de ined framework that could be very helpful when analyzing our business Pertinent to our Strategic Planning process currently underway Overall framework is useful for many aspects of our business and will help improve our management knowledge Enjoyed learning about this new approach to Performance Management Agenda De ining and understanding Performance Management Explanation of the 8 Step Approach to implementing the Performance Management Framework Learn PMF implementation success stories from members of the PM Interest Group Overview of current Performance Management development, conclusions & wrap-up Instructors Derek Sandison, CAM-I Performance Management Subject Matter Expert and Interest Group Leader Members of the CAM-I Performance Management Interest Group Reference Publication The CAM-I Performance Management Framework - How to evaluate and improve organizational performance - Executive Overview; March 2015 CPE Credits Participants are eligible for three CPE credits