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The following information is intended to outline our general product direction.
It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions.
The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
First – A little history - 1983… • Mini Computers and Mainframes • Centralized Scheduling
– Project/2, Artemis, In-house systems – 24 hour turnarounds typical – expensive
• IBM PC introduced in 1981, IBM XT in 1983 • Early PC based systems • 1983 Primavera founded by Joel Koppelman and Dick Faris • P3 introduced in October 1983 at PMI in Houston
– Based on Promac written for a mainframe – Batch system with DOS user interface
The Democratization of Scheduling
• Scheduling at the Jobsite
• Anyone could schedule
• CPM no longer just for the largest projects
• P3 became a standard
• PMI grows from less then 2,000 members in 1980 to over 800,000 today
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A Brief Primavera Chronology • P3 Version 1.0 - October 83
• Primavision Plotter Graphics released - May 84 • Finest Hour with hourly scheduling and multiple calendars –
AutoCost introduced - June 86 • P3/FH 4.0 – Multi-User with Btrieve and PENGUIN - Mar 90 • SureTrak 1.0 - Dec 90 • P3 for Windows - May 94 • P3/e shipped May 99 – Oracle and SQL Server db • Fully Web Enabled Version of P6 Released - 2010
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Oracle-Primavera – Since the Acquisition 2010 - P6 Release 8.0 – Full Web Enabled Release 2010 - P6 Analytics Released 2011 – P6 Team-Member Released Moving from a Scheduling tool to an EPPM Platform
FY 2013 – A Strategic Year for Primavera • New Product Releases
– Primavera Gateway • Integration Platform
– P6 Visualizer • Enhanced Flexible Gantt Visualization
FY 2013 – A Strategic Year for Primavera • Internal Product
Acquisitions – AutoVue
• Visualization of CAD – Crystal Ball
• Portfolio Financial Decision Analysis
• External Product Acquisitions – Unifier
• Project Costing • Project Collaboration • SAAS / On-Premise
– Instantis • IT PPM • Corporate Initiatives • SAAS Only
IT
NPD
Manufacturing
Owner Capital Projects
FM/RE
EPC Contractor
Routine Maintenance
Corporate Projects
Earned Value Program Management
Shutdown / Turnaround /
Outage
Installation Services
The Vision - Multi-Initiative Solution
CLOUD & ON-PREMISE
PRIMAVERA GATEWAY
ANALYTICS WORKFLOW
MODERN UI ORACLE SOCIAL
STREAMS CROWD SOURCING
COMPOSITE MOBILE PLATFORM AGNOSTIC
ORGANIC DEVELOPMENT ACQUISITONS
IP UNIFICATION
CLOUD INTEGRATION SOCIAL
MOBILE PPM PROLIFERATION
So how do we get there?
1. Make it enterprise 2. Deploy across multiple initiatives 3. Include all stakeholders
Innovation
“Some men see things as they are and ask why. Others dream things that never were and ask why not.” George Bernard Shaw
“Necessity … is the mother of invention.” Plato, The Republic, 347 B.C.
“If you always do what you always did, you will always get what you always got.” Albert Einstein
The key to success is for you to make a habit throughout your life of doing the things you fear. Vincent Van Gogh
Innovation It is not just a good idea Innovation results from the successful execution of a new idea ….and often requires stopping the execution of previous innovations
Innovation
Organizations must innovate to grow, be efficient, and be competitive. It is not enough to do things better, you must find new things and do them well
Innovation
Every organization strives for Innovation … the challenge is creating a culture of Innovation and managing it.
Innovation
It means being willing to make mistakes, ….. but detecting, admitting, and correcting those mistakes quickly. "Success is 99% failure." Sochiro Honda – Founder of Honda
Innovation
Continuous innovation means once you are getting really good at executing something….
…. it is time to try something new
Why Innovations Fail Don’t solve an important problem
Take too long
Underfunded or poorly implemented
Too much effort for the benefit received
Innovation
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail Clayton M. Christensen Harvard Business School Press (C) 1997
The Innovator's Dilemma
A truly innovative business Idea has jump started many successful companies.
But those same successful companies often fail to see or execute the “next big thing”
They focus on perfecting and fine tuning the original innovation, often incapable of further Innovations.
Creating a Culture of Innovation
Reward for taking risk
Failure is acceptable(at times)
Skunk works – removed from day to day time wasters
Thinking ‘outside the box’
Is Innovation fostered by face-to-face contact?
Home vs Office - Productivity vs Innovation ?
Marissa Mayer’s Edict
Can Collaboration tools simulate the “random” effect
Hiring, motivating & retaining Innovative people Innovators are “weird” - Loners, disruptive
- Crazy ideas - Rebel against conventional wisdom
Give them a stake in the outcome Nurture and Mentor Protect them from the “corporate culture”
“Borrowing” an Innovation
..and improving on it
..or just making it work IBM invented SQL but Oracle implemented it
Xerox PARC invented the mouse and GUI, but Apple commercialized it
Managing Innovation
…Can it be “managed” Or just encouraged?
Encouraging Innovation
Strategy
Process
Culture
Mentoring
Accountability and Ownership
Resources
Ideation
Measuring & Monitoring
Buying Innovation
…and not killing the culture that created it Apple buying neXt Oracle buying 90+ companies
Innovation Failures
How do you know when an Innovation is not working?
When do you stop working on it?
How do you know when an Innovation is no longer Innovative? "The essential part of creativity is not being afraid to fail.“ - Edwin H. Land
Developing Innovative Ideas
Keep up with current trends Take time to think and read Ask questions Seek ideas from any source Try something new each day PPM as Idea Management System
“A discovery is said to be an accident meeting a prepared mind.” A. von Szent-Gyorgyi
“The way to get good ideas is to get lots of ideas, and throw the bad ones away” Dr Linus Pauling
Selecting the Innovation
Portfolio Management is the obvious answer – ..But how do you know what will work? What are the criteria?, How are they weighted? How do people rank them? Who ranks them? Where is the water line?
Gut feel still plays a role.
Innovation
How do you balance Innovation with performance excellence? Enterprise Project Portfolio Management !
Enterprise Project Portfolio Management What is it?
Project Portfolio Management at the Enterprise level - Connected to Enterprise Systems – Tied to Strategy
A way to run a business not just projects
12 Steps to Project Portfolio Management
1. Establish Review Group 2. List Strategic Goals and Objectives
Define and Rank 3. List Existing Projects and Ideas for New Projects 4. Value each project’s Support of Goals 5. Calculate and Analyze Project Scores 6. Analyze and Optimize by: Budget, Resources, Risk, ROI, Redundancy
12 Steps to Project Portfolio Management
7. Establish “Water Line” 8. Add Back “Must-do” projects 9. Recommend Optimal Portfolio 10. Initiate New Projects / Cancel existing projects
missing cut off 11. Publicize Results and Methodology 12. Establish Periodic Reviews
‘
Innovation Execution and EPPM
Innovation is about execution Successful execution requires monitoring
Innovation and Risk Management
Innovation entails risk How do you measure and report that risk? Publicize the Risks
Innovation and the Executive
Balancing Innovation and ‘keeping the lights on’
What must we stop doing?
Allocation of resources
How to get my organization to embrace change?
Remove fear and reward innovation
Make your approach to risk taking transparent
Innovation
It comes from luck
Luck comes from selecting the right opportunity and having the courage of executing it well at the right time
In large organizations, that requires EPPM
Innovation “It is not how many ideas you have. It’s how many you make happen.” Accenture Ad
“An idea that is not dangerous is unworthy of being called an idea at all.” Oscar Wilde
“The best way to predict the future is to invent it.” Alan Kay
“You cannot discover new oceans unless you have the courage to lose sight of the shore. “ Andre Gide
Dick’s Picks
• Mobile Apps • Social Networking on the Job • Mapping as UI • Smart Phones Replace Laptops • Flexible Computer Screens • Jawbone Wristband • 3D Printing • Augmented Reality
Dick’s Picks – Mobile apps What Activities are
underway with 100m of me? Let me see a job photo taken here 2 weeks ago? Where is the Electrician? Medical Diagnosis by App
Dick’s Picks – Social Networking on the job To this: Who has worked with Subcontractor ABC? Has anyone used technology XYZ? Who knows about the new regs? Who do I see in Finance to get a supplier paid?
From this: What’s a good french restaurant in Denver? Anyone using the new Samsung Galaxy?
Dick’s Picks – Flexible Computer Screens
Dick’s Picks – 3D Printing
Dick’s Picks – Augmented Reality Augmented reality (AR) is a live, direct or indirect, view of a physical, real-world environment whose elements are augmented by computer-generated sensory input such as sound, video, graphics or GPS data - Wikipedia