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SWOT analysis in project management: definition, instruction & example

Inloox

Content What is a SWOT analysis? SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1.

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Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

This post dives into the profitable concept and practice of Value Innovation. It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy.

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VRIO Framework Analysis For The Strategic Project Manager

The Strategic Project Manager

This post provides an overview of the VRIO analysis framework, a very useful framework today for both strategists and PM’s. The post then provides specific areas where the framework can be most effectively applied as part of a strategic analysis. What is a VRIO framework analysis in strategy?

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Discovering the Diverse Sources Behind Innovation

Scrum.org

What Is Innovation Innovation refers to creating, developing, and implementing new ideas, products, services, or methods that bring something different and more effective into use. Innovation is necessary to adapt effectively; it enables us to meet the challenges of a rapidly changing world. The only constant thing is change.

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Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

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The Bespoke Business Model: Developing Your Own Marketplace Platform

Binfire

As a result, marketplace platforms have witnessed exponential growth in recent years, disrupting traditional business models and creating new opportunities for innovation and entrepreneurship. Understanding the needs and preferences of your target audience is crucial for designing a successful platform.

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3 Continuous Improvement Strategies to Boost Your Project Management Skills

Project Pulse Journal

This method has driven companies to new heights of efficiency and innovation, enriching every facet of project execution - from planning to evaluation - and boosting effectiveness and adaptability. Disadvantage: Requires ongoing commitment and resources, which can be challenging to sustain. What is Continuous Improvement?