Innovation Project Management

International Institute of Learning

We are excited to bring you this blog post on Innovation Project Management, which is adapted from Dr. Harold Kerzner’s new book of the same title. Below, he explains why this topic is so important, the types of challenges that innovation project managers face, and much more. By the turn of the century, companies began to reevaluate whether functional managers were the right people to manage strategic projects, especially those involving innovation.

Incubating Innovation

Leading Answers

If success goes to those who can innovate the fastest, how do we nurture innovation? To innovate faster than our competitors, we need to maximize our learning potential. Yet when searching for an innovative solution, we want all these extra brain circuits engaged. Obviously, it is not as simple as “happy people are the perfect innovators.” Summary Smart companies know the future belongs to the best innovators.

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How Smart Managers Create an Innovation Culture

ProjectManager.com

Another popular word that gets tossed around often is innovation. In many cases, innovation is given the aura of the mythical and the inexplicable. But in my research, I’ve found that, like most things, innovation can be planned with software and encouraged with positive mindsets. Therefore, creating an innovation culture for your organization can be the key difference between an organization that innovates and grows and one that does not. What Is Innovation?

People Innovation: A New Vision to Innovate

International Institute of Learning

Nowadays, companies are very conscious that if they want to be competitive, they have to innovate. It is worth quoting a sentence of the father of the Open Innovation concept, Henry Chesbrough: “Most innovation fails. And companies that don’t innovate die” [1]. In a nutshell, we can agree that innovation is all about bringing improvement and efficiency; and affecting the development of a company in a positive manner. By Luigi Morsa, Ph.D. .

New Study: 2018 State of Embedded Analytics Report

Adopting a nimble SaaS mindset helps companies innovate. As a result, the pace of innovation has vastly accelerated as companies seek the next great feature. innovative features will emerge and the gap will continue to widen between applications evolving their. Innovative.

Project Management Best Practices for Innovation and Co-Creation

ProjectManager.com

Everyone in business is talking about innovation, but how does one actually innovate? Jennifer Bridges, PMP, shows you practical steps you can take to innovate by using co-creation and project management techniques. In Review – Project Management Best Practices for Innovation and Co-Creation. An innovation, she said, is a new method, idea or product. Pro-Tip: There are many ways to promote innovation on your project.

The Need for an Innovative PMO

MPUG

Without a constant flow of innovation, no company can expect to prosper – or perhaps, even survive. Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). One that allows for the flow of innovation to align with the structure of the traditional PMO. There is an opportunity to create an Innovation Project Management Office (IPMO). Articles Innovation PMO

Innovation: Running Experiments and Learning

Leading Answers

In my last article on  Incubating Innovation , we explored the culture and mindset of accountable experimentation. However, innovation and learning take conscious effort, forward planning and accountability. It furthermore places emphasis on the experiments—the inputs for learning and innovation. In the article “ The Hard Truth About Innovative Cultures ,” Gary Pisano describes how killing bad ideas is critical.

What Is Cloud Storage, and How Are Innovative Companies Using It?

ProjectManager.com

Where it once implied daydreaming, now it is the realm of innovative businesses and forward-thinking leaders. While cloud storage has become a given for both personal and business use, before exploring how organizations are using the technology in innovative ways, it’s important to take an unbiased look at the service. Companies that Innovate with Cloud Storage. It was a risk that paid off handsomely for the company, but it involved innovative thinking.

Innovation in project management: Inspiration from Dubai

Susanne Madsen

I recently spoke at Dubai International Project Management Forum ( DIPMF ) and was struck by the innovative theme of the conference. Already when I prepared for my presentation the organisers said, “Innovation is a big thing down here”, and indeed it is. The Hamdan Bin Mohammed Award offers 8 awards with the aim of encouraging and promoting an innovative culture in project management. But apart from my books, how innovative have I really been? Innovation

5 Early Indicators Your Embedded Analytics Will Fail

innovative—are now table stakes. If they’re innovating their analytics while. Updating your application’s dashboards and reporting features. may feel optional—until suddenly it’s not. Watch for these 5 signs. that you’re at risk for an analytics emergency. Early Indicators.

What is innovation?

Growing Agile

One of the topics discussed was what innovation actually is and how we can foster it. We encounter many companies who count innovation as one of their company values, and lots who have innovation labs or teams. Yet so few seem to really be innovating, it made me wonder a bit more about this word that we use all the time. I think that many companies are seeking disruptive innovation, which although valuable is potentially much more difficult to do.

Lisa Bodell on Simplification and Innovation

International Institute of Learning

As closing keynote speaker at IIL’s Leadership & Innovation 2019 Online Conference , she delivered a powerful message on how complexity is holding most of us back, and what we can do to get back to the work that really matters. “If we get the work right, we get the culture right” – @LisaBodell #LeadershipCon19 #leadership #innovation pic.twitter.com/hiqPhawym5. — The post Lisa Bodell on Simplification and Innovation appeared first on The IIL Blog.

Employee-Led Innovation (5) – Innovation Digging for Fresh Ideas

Inloox

Innovation Digging was developed by Tamer Kemeröz and Benno van Aerssen. As the name suggests, it is a systematic 'excavation' of ideas that can help you to innovate both radically and continuously. This process can still be controlled in a systematic way, Innovation Digging can help bring order to creative chaos. In fact, you're not actually developing ideas themselves with Innovation Digging, but just look for search fields that serve as inspiration.

New PMO – the Hub of Innovation?

Arras People

Is your PMO the hub of innovation in your organisation? People are free to innovate, with the PMO’s framework of processes and templates at the core of all new activities. That way individuals and teams feel a part of the new plans and processes, will understand the benefits of adapting to new practices, and are able to add value and innovation within the new framework. Are you aiming for your PMO to be the hub of innovation?

Design Hacks for Non-Designers: Ask Expert Laura Klein

Speaker: Laura Klein, Principal at Users Know and Author of UX for Lean Startups

We all have to make quick decisions about product interfaces, and there's not always a designer around when you need one. That doesn't mean that you're doomed to failure, though. Learn a few really common user experience design mistakes and how to avoid making them. Join UX designer and product management expert Laura Klein for a no-holds-barred Ask Me Anything session on UX design. Laura—principal of Users Know and author of Build Better Products and UX for Lean Startups—has over 20 years of experience helping companies innovate responsibly and improve their product development processes.

PMO Maturity for Business Innovation, Growth and Advancement

Keyedin

The greatest of these benefits is found in how PMO Maturity sets up an organization for long-term success through innovation, growth and advancement. PMO Maturity Supports Business Innovation. ” [1] Based upon that definition, it’s easy to see how PMO maturity and PMO innovation translate into broader business innovation. A mature PMO boosts business innovation through: Careful Project Selection. Third, a mature PMO fosters innovation.

The Effective and Innovative Virtual Team Leader

International Institute of Learning

The post The Effective and Innovative Virtual Team Leader appeared first on The IIL Blog. By Frank P. Saladis, PMP, LIMC MCCP, PMI Fellow. Virtual teams have been a part of the business, public, and not for profit environments for many years. In the late 1980’s and early 1990’s the internet began to significantly influence how information and meetings were managed.

Efosa Ojomo on Market-Creating Innovation

International Institute of Learning

Efosa Ojomo is Senior Research Fellow and Lead of Global Prosperity Research at the Clayton Christensen Institute for Disruptive Innovation. As a keynote speaker at IIL’s Leadership & Innovation 2019 Online Conference , he shared impactful theories and models that left us thinking about innovation in an entirely different way. Of the three types of innovation [market-creating, sustaining, efficiency], how do you determine which one to focus a team’s energy?

Book Review: Digital Project Practice - Managing Innovation and Change

Brad Egeland

The title is “Digital Project Practice - Managing Innovation and Change" and it is a collaboration of work from 13 top authors and experts in related fields. Most tech books are what they are: a boring logical take on a topic we've all covered a few times already. Disappointment at the hours you can't get back for the time you just spent reading a book that didn't really offer you anything new.

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

Mike Cottmeyer at Innovate Virginia 2019

Leading Agile

Agile Transformation @ Innovate Virginia from LeadingAgile Whitepaper Lead a Structured and Disciplined Agile Transformation Download Now. In order to achieve business Agility, Agile has to be applied in a certain context. You have to be able to form the right kinds of teams, build the right kinds of backlogs, and produce working, tested increments of product. The problem is that this context doesn’t exist in larger, more complex enterprises.

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Organizational Structures that Support Faster Innovation and Evolution

Leading Answers

Again, free from some of the normal scrutiny and controls that aim for efficiency, these insulated groups can innovate quicker. Please Innovate While We Micromanage You! Organizations that demand innovation in highly controlled environments designed for process efficiency are likely in for a rude awakening. Organizational agility is the ability of an enterprise to change direction, realign and succeed in volatile, uncertain business environments.

12 Innovative Examples of Project Management Software

MavenLink

Project management software (PMS) helps companies more effectively manage both day-to-day and long-term projects by providing crucial insights into the lifecycle of tasks and availability of resources. Together, these elements help businesses execute project strategies for improved employee utilization and greater profitability. Here’s how some industry leading consulting firms are using to project management software to increase client satisfaction and optimize operations. Consulting.

Embracing an Innovative Mindset

Tony Adams

A new paradigm for commercial success is emerging, grounded in speed to market, innovative thinking and the ability to reimagine the customer experience. Snowden and Boone’s (2007) Cynefin framework highlights complex organisational characteristics as flux and unpredictability, competing ideas, creative and innovative approaches to problem-solving and pattern-based leadership. Leadership Complexity Innovation Monash University

Encouraging Innovation in an Established Product Culture

Speaker: Richard Cardran, Chief Creative Officer and VP Strategy, HIA Technologies

Innovation is both a process and an outcome. The best way to begin innovating your products is by innovating your internal process. We'll explore the challenges, solutions, and hands-on techniques for becoming a successful "agent of change" within a well-established product culture. We'll examine the importance of UX and user-centric feature analysis, the adaptation of Agile Methodologies to the creative process, as well as a way to drive successful culture change for setting expectations and winning approvals with cross-functional stakeholders. Innovation and Leadership go hand in hand. Join Richard Cardran, Chief Creative Officer and VP Strategy, HIA Technologies, as we assess some case studies to see how to lead with a clear strategy well-defined tactics, and an unbiased understanding of the fundamental question: "why are you innovating?"

Can the Words “Innovation” and “Project Management” Be Used In The Same Sentence?

The IIL Blog

Companies are recognizing that brand loyalty accompanied by a higher level of quality does not always equate to customer retention unless supported by some innovations. According to management guru Peter Drucker, there are only two sources for growth: marketing and innovation [Drucker, 2008]. Innovation is often viewed as the Holy Grail of business and the primary driver for growth. The question, of course, is “How do we manage innovation needs?”.

How to Create an Innovative Project Team

LiquidPlanner

Innovative project teams are increasingly becoming an invaluable asset for corporations. Not only is it becoming vital that project teams make use of the latest technological advancements in the products and services that they’re developing; it’s also vital that teams continuously improve the way in which they work—and that they find new and innovative ways of cutting costs in order to stay competitive. How do you create an innovative team, and encourage cutting edge ideas?

Project Innovation and “Crossing the Chasm”

Tony Adams

How do we plan with certainty when we are working in an disruptive environment that requires rapid, innovative thinking? How does an organisation’s business and innovation context affect the way it approaches project management? Shenhar and Dvir (2007) pose an interesting argument about innovation in a project management context. Their thing is the idea that different types of innovation require different approaches to project management.

Project Innovation and “Crossing the Chasm”

Tony Adams

How do we plan with certainty when we are working in an disruptive environment that requires rapid, innovative thinking? How does an organisation’s business and innovation context affect the way it approaches project management? Shenhar and Dvir (2007) pose an interesting argument about innovation in a project management context. Their thing is the idea that different types of innovation require different approaches to project management.

Innovation: Five Signs You Might Be Faking It

Every company wants to be a leader in innovation, but how can you tell if your company is really innovating or just going through the motions? See the 5 signs you might be faking innovation and what to do if you are.

Employee-Led Innovation (2): Innovation Labs and Open Innovation

Inloox

In the first part of the "Employee-Led Innovation" series we’ve already looked at the advantages of developing new ideas in this way and what creativity and innovation mean in the first place. Now we’re going to look at a method that lets employees be creative without being steered in a particular direction: Innovation Labs. What is an Innovation Lab? Open Innovation is about building a network and getting input from outside.

Mike Cottmeyer at Innovate Virginia 2019

Leading Agile

Whitepaper Lead a Structured and Disciplined Agile Transformation Download Now. In order to achieve business Agility, Agile has to be applied in a certain context. You have to be able to: Form the right kinds of teams. Build the right kinds of backlogs, and… Produce working tested increments of product. The problem is that this context doesn’t exist in larger, more complex enterprises.

2019 57

Auteur model of innovation

Musings on Project Management

Now we hear about the auteur model of innovation, an idea coined by John Kao, an innovation guru. Auteur: an innovator that has a distinctly personal style and maintains artistic control over all design and production aspects of his/her work [a definition adapted for projects from the film industry where the auteur model has been practiced for. InnovationGood grief! Yet another model to learn about.

Project Innovation – a Value Chain Approach

Tony Adams

We talk a lot about using innovation to create exciting and funky products, and to deliver a competitive advantage. Value chain thinking gives us a powerful toolkit to help pinpoint innovation opportunities within our project delivery practice. Exploiting these opportunities gives us a leg-up to deliver innovative business outcomes to the market, faster and cheaper than our competitors. Identifying Innovation Opportunities Across the Value Chain.

Scaling to the Masses - Fit Your Product for a Larger User Base

Speaker: Dustin Smith, Sr. Product Manager, Incubator

The classic product story goes like this: A small team puts a great idea to work. Said idea becomes a wildly successful app. Team makes lots of money and attracts talent from all over the globe, quickly dotting the map with international offices. In a matter of years, a very small company becomes a global superpower. Romantic notions aside, the story neglects to mention the most essential variable to product success: scalability. If a product can't withstand a growing user base and diverse team, it'll never leave the think tank. Whether you're running a small startup or trying to get your idea to take off in a large corporation, you'll need the right tools and the perspective to scale your product. Join Dustin Smith, Senior Product Manager of the Innovation Incubator at Indeed, and learn how to scale your product for greatness.

Project Innovation – a Value Chain Approach

Tony Adams

We talk a lot about using innovation to create exciting and funky products, and to deliver a competitive advantage. Value chain thinking gives us a powerful toolkit to help pinpoint innovation opportunities within our project delivery practice. Exploiting these opportunities gives us a leg-up to deliver innovative business outcomes to the market, faster and cheaper than our competitors. Identifying Innovation Opportunities Across the Value Chain.

5 Ways Project Team Collaboration can Drive Innovation

Keyedin

Innovation can be driven by ensuring team collaboration and giving the whole project team access to core project information. The team can then use this as the context for developing innovative solutions or for applying knowledge from previous projects effectively. Below are five ways you can ensure continuious collaboration, to help manage knowledge and drive innovation. Collaborative enterprise work management is becoming more and more essential.

Employee-Led Innovation (4): IdeaSedCard and Pitching Contest

Inloox

You want to motivate your employees and successfully lead them to be more innovative and creative. Advantages of the Pitching Contest Like most of the methods for employee-led innovation, the pitching contest creates a positive innovation culture. Read more from the Employee-Led Innovation series: Advantages of In-House Idea Development. Innovation Labs and Open Innovation.

5 Ways Project Team Collaboration can Drive Innovation

Keyedin

Innovation in project management is becomming more and more essential. Innovation can be driven by ensuring team collaboration and giving the whole project team access to core project information. The team can then use this as the context for developing innovative solutions or for applying knowledge from previous projects effectively. Below are five ways you can ensure continuious collaboration, to help manage knowledge and drive innovation.

Game-Changers 911™: How to Change the Project Mgt. Game in 2020

Speaker: John Storm, President, BrainStorm Network

Do you want to “change the game” in your company or the project management industry?In this webinar, we’ll use a sampling of case studies, tools, techniques, and strategic stories to help you identify game-changing opportunities within your company and the world of project management, and then brainstorm ways to capitalize on these ideas. Get ready to change your game in 2020!