össur annual report2009 - Euroland
össur annual report2009 - Euroland
össur annual report2009 - Euroland
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project<br />
management office<br />
engineering<br />
date in modern prosthetics. Össur offers a total solution<br />
of prosthetic products, such as interfaces, feet, knees and<br />
componentry. Five prosthetics products were launched<br />
in 2009.<br />
coMpression therapy<br />
Össur entered into the compression therapy market in<br />
December 2006 with the acquisition of the French company<br />
Gibaud. Gibaud has been developing compression<br />
therapy products, such as stockings, socks and bandages<br />
for over 75 years. Össur’s compression therapy products<br />
are renowned for their therapeutic effect, comfort<br />
and esthetics. In 2009, five products were launched in<br />
the compression therapy line.<br />
product<br />
management<br />
r&d<br />
functions<br />
intellectual<br />
property<br />
biomechanical &<br />
medical platforms<br />
proJect ManageMent office<br />
Össur R&D project portfolio management involves<br />
selecting and prioritizing projects to ensure alignment<br />
to the Company’s overall strategy, and with the objective<br />
to maximize value and minimize risk.<br />
Project portfolio is managed by Össur’s proprietary selection<br />
model. It consists of several parameters, each carrying<br />
different weight, that are used to determine project<br />
viability. It also contains constraint parameters, in order<br />
to assure balance in the project portfolio. A parameter’s<br />
weight is determined by applying analytical hierarchy<br />
procedure (AHP) methodology and is reviewed <strong>annual</strong>ly<br />
by Össur’s executive team in line with the Company’s<br />
overall strategies.<br />
23 <strong>annual</strong> report 09