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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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The Four Actions Framework – For Strategic Project Managers

The Strategic Project Manager

The framework encourages companies to rethink industry boundaries and focus on innovation rather than competition, ultimately leading to the creation of new market space. Raise – They raised the level of innovation and efficiency in the aerospace industry by focusing on rapid prototyping and iterative design processes.

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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. But apart from my books, how innovative have I really been?

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Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

Leadership is critical. Lean focuses on eliminating eight areas of waste: defects, overproduction, waiting, non-utilized talent, transportation, inventory, motion and extra-processing. It also doesn’t fit well with work that is oriented towards finding innovative new methods and processes. The DMAIC Roadmap.

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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

This large intercity transportation company for people and freight employs 100+ IT employees and contractors across North America and Europe and spends $10MM annually for approximately 50 inflight projects. The company needed the right financial tools to budget for innovation initiatives and real-time information on spending and forecasting.

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7 Logical Fallacies That Can Harm Your Decision Making (With Examples)

ProjectManager.com

Plus, being innovative requires taking risks and being aggressive. That means a retreat from innovation, which is bad business. Of course, we’re all ignorant of many things, even those things that revolve around the subject of the argument, but that doesn’t mean we throw up our hands and give up. Argument from Authority. Red Herring.

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The Impact of Digital Transformation on Business Success

Wrike

It goes beyond simply adopting new technologies; it requires a mindset shift that embraces innovation and agility. Its presence in various domains such as healthcare, finance, retail, and transportation suggest that digital transformation has the potential to transform businesses in a myriad of industries.