Complete One-Day Workshops
Creator of the Innovation Options Framework
Creator of the Innovation Options Framework
I'm a six-time entrepreneur, having served on the founding team of companies ranging from consumer (QFN, later Quicken.com), to industrial (Arch Rock, acquired by Cisco Systems), to government (USA.gov, USA Today's Site of the Year in 2000), to political (Votizen, acquired by Brigade Media) — with three stints as Founder and CEO.
Currently, I help larger organizations innovate faster with less risk through Innovation Options, a valuation framework I developed that calculates the ROI of Innovation, allowing Finance and Product to speak a common language in achieving a common goal.
I received my Bachelors with Highest Honors and University Distinction from UC Berkeley, and my MBA from UCLA, where I received the Deloitte Consulting Award for Top Thesis in the Graduating Class. I reside in San Carlos with my wife and two daughters, and when not enjoying time with them I can be found coding, singing, or both.
The predominant method for calculating ROI—Net Present Value, or NPV—totally fails under conditions of uncertainty. It requires us to make critical financing decisions at the precise moment we have the least amount of information.Instead, we need a valuation method that can manage investment decisions until we know more about the market. This insight is what led me to create the Innovation Options framework.
Innovation Options value initiatives based not on unrealistic predictions about the future, but on the optionality they represent to the firm in the present. It is a more accurate, realistic, and sound approach to risk-management when addressing unstable or unproved markets.
To learn more, visit http://innovation-options.com.
I help organizations innovate faster with less risk.
Whether you are seeking to introduce your company to the latest innovation management techniques or want expert help integrating Innovation Options into your corporate governance workflow, I can help.
I offer complete one-day workshops that focus on hands-on exercises based on real-world examples.
|Introduction||Suitable for a general audience to learn the basics about iterative, learning-based innovation.|
|Advanced||An advanced overview of the Innovation Options framework. Learn how to measure value, risk, and KPIs using the approach.|
|Product Managers||A deep dive on the Innovation Options framework for Product Managers. Learn how to create, measure, and manage innovation projects effectively.|
|Finance||A deep dive on the Innovation Options framework for Finance. Learn how to implement a KPI system that measures performance without stifling creativity.|
|Executive||A deep dive on the Innovation Options framework for Executives. Learn how to put your entire product portfolio on the efficient frontier and help inform strategic decisions.|
Sometimes you'd rather buy than build. That's where http://innovation-options.com software can help. This secure, cloud-based subscription allows you to start with a single project or scale across the enterprese. With it, you can:
Sign up for your free trial at http://innovation-options.com.
When you get stuck, you want to get un-stuck — fast. For situations where teams need addtional guidance I provide direct, personalized coaching on-call.
Want to discuss a unique situation? Need to review your slides before the big presentation? Hit an unexpected roadblock? In these situations it's great to have the counsel you need to get back on track as soon as possible. On-call coaching is available phone, email, text, chat, and video.
Whether introducing the concepts or bringing things to the next level, it's often useful to kick things off with a keynote presentation. I'd be thrilled to visit your location to bring my high-energy, engaging and inspirational style to get things started. Or, if you have multiple locations, I'm availble for remote video presentation as well.
"Dave helped us make incredible progress, incredibly quickly. He understands the special challenges of innovation in the enterprise, and dramatically increased the value of our efforts with some key insights and tactics. I'd hire him again and recommend him to anyone running an innovation program in a larger organization." — Beth S.
"It was great working with you to find new sources of revenue because the current model was headed for the dumps. Well it worked great! It was so awesome seeing it happen, literally step by step by step, exactly how you said. Very impressed with your foresight. — Andrew E.