Peter J. Sherman
Published: Monday, November 17, 2008 - 15:46
Innovation Template
Owner: ______________
New Product/Service Name: _____________________
Description: (what it is, how it works, how we monetize it):
Market Opportunity (Target market, market size, growth rate, projected capture rate):
Strategic Fit (in terms of driving growth, customer retention):
Feasibility (effort required to launch, does technology exist or not, time-to-market):
Preliminary Financial Projections (rough order of magnitude)
Financial Category
Year 1
Year 2
Year 3 $000s
Total $000s
Incremental Revenue/Savings
Capital
Expense
Operating Income (EBITDA)
Comments (warrants proof of concept to validate, partnering could jump start it, etc.):
Peter J. Sherman is a managing partner of Riverwood Associates, a lean Six Sigma certification training and consulting firm based in Atlanta. Sherman brings more than 20 years experience in designing and implementing process improvement programs. Sherman is a certified lean Six Sigma Master Black Belt, an ASQ-certified quality engineer, and an APICS-certified supply chain professional. He holds a master’s degree in engineering from MIT and an MBA from Georgia State University.
Innovation Template
Creating a sustainable innovation process
Date Submitted: ________________
$000s
$000s
About The Author
Peter J. Sherman
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