article thumbnail

How to Create a Strategy Map for Your Organization

ProjectManager.com

To communicate this, organizations will usually employ what is called a strategy map. Then we’ll provide an example to better illustrate what we’re talking about and even provide a download to a free strategy map template to help you get started. What Is a Strategy Map? What Should Be Included in a Strategy Map?

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Your Leadership Ready to Pivot from Intuition to Innovation?

Scrum.org

In the rapidly evolving business landscape, the shift from intuition-based decision-making to innovation-driven leadership is not just beneficial—it's essential. Evidence-Based Leadership: Steering Toward Innovation EBM-based leadership takes this concept further by integrating evidence into the leadership ethos itself.

article thumbnail

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.

article thumbnail

5 Strategies for Digital Transformation Projects

Rebel’s Guide to PM

You also need to understand strategies that work before you begin so you can hit the ground running and avoid unnecessary delays or setbacks. In this blog post, we will discuss five key strategies for digital transformation projects. Table of Contents What are the 5 key strategies for digital transformation projects?

2026 349
article thumbnail

SWOT analysis in project management: definition, instruction & example

Inloox

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. This knowledge enables the project team to develop and implement risk management strategies to avoid potential obstacles or mitigate their impact.

article thumbnail

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. It then walks through several examples – generically and for two real companies. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool?