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. The process of learning starts with understanding the knowable and then adding to this through experiments and new learnings. These teams need support and coordination services throughout the process. Yet when searching for an innovative solution, we want all these extra brain circuits engaged.

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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. Repeat the Process: Do this as many times as necessary to achieve a final blueprint.

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. informs decision makers while they’re in the flow of current thought processes within apps—without losing. As a result, the pace of innovation has vastly accelerated as companies seek the next great feature. Innovative.

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?

Innovation: Running Experiments and Learning

Leading Answers

In my last article on  Incubating Innovation , we explored the culture and mindset of accountable experimentation. Yet where’s the focus on experiments, the learning process and trials for the next iteration? However, innovation and learning take conscious effort, forward planning and accountability. In it they describe a five-step process: Set the stage  – Help people focus on the task at hand; check that people are ready and willing to contribute.

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. The service simplifies the process to make case preparation often take half the time it would on paper.

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. — Of course, simplicity is a subtractive process.

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.

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.

New PMO – the Hub of Innovation?

Arras People

Is your PMO the hub of innovation in your organisation? An organisation that previously had no centralised project support could feel that a new PMO is a constraining influence, imposing formal processes, and stopping them responding promptly to ad hoc requests. This is a very prescriptive approach, where a PMO sets out new processes and provides new templates and expects people to comply and use them. People affected by new processes are able to identify with them.

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. Very few people can come up with new ideas on the spot, because idea generation is a process. This process can still be controlled in a systematic way, Innovation Digging can help bring order to creative chaos. Innovation Labs and Open Innovation.

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 Osborn Parnes Creative Problem-Solving Process

Project Bliss

The Osborn Parnes creative problem-solving process is a structured way to generate creative and innovative ways to address problems. You create innovative approaches to change. Origin of the Osborn Parnes Creative Problem-solving Process. The two collaborated to formalize the process., What is the Osborn Parnes Creative Problem-solving Process. There are 6 steps to the Osborn Parnes Creative Problem-Solving Process.

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?"

The Effective and Innovative Virtual Team Leader

International Institute of Learning

Use “verbal anchors” to ensure clarity and understanding – comparisons, analyses, processes and steps, examples, repeating information for emphasis. . 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.

Phase-Gate Process in Project Management: A Quick Guide

ProjectManager.com

When you have a long-term project that needs to be evaluated regularly, and you’re dealing with numerous stakeholders, the phase-gate process could be an ideal fit for your organization. What is the Phase-Gate Process? Similar to the waterfall methodology , the phase-gate process is a linear project management concept punctuated by stages of development followed by benchmarks for assessment. Stages of the Phase-Gate Process.

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. Types of projects can range from online projects to streamlining complex enterprise processes. Most tech books are what they are: a boring logical take on a topic we've all covered a few times already.

Business Agile: A Roadmap for Transforming Your Management & Adapting to the VUCA Environment

Speaker: Peter Taylor, Speaker/Author, The Lazy Project Manager

Businesses everywhere are trying to “get business agile”—but it’s not easy to adapt to becoming this adaptive. How can conventional organizations succeed in this transformation? In this webinar, Peter Taylor will walk through the change process step by step, and look at a tried and tested transformation roadmap: benefits are outlined, solutions to common challenges offered, and tried and tested methods and tools provided. It will be a guide towards a decentralized and management style that offers more successful decision making through collaboration.

Organizational Structures that Support Faster Innovation and Evolution

Leading Answers

Small organizations can change direction quickly because they have fewer people or processes to change. Think of a thousand people all moving toward a common goal—and their organizational structures and processes to get there. We need to shift all those minds - and likely much of the org structure and processes, this is a bigger ask requiring more energy. In high-change environments, having a single hub for decision making slows the process down.

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?”.

12 Innovative Examples of Project Management Software

MavenLink

The transition helped the agency improve data quality and provided real-time visibility into business processes by creating a single source of data for project delivery. Tracking margins and resource utilization helped Paragon expedite the invoicing process and increase the profitability of each project. CloudCraze solved the slowdown caused by using multiple disparate project and resource management systems by moving its B2B commerce technology processes to a single PMS.

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? We talk a lot about Project Management structure, processes and practices – these are put forward as a way of providing stability and certainty. Where are the constraints or blockers that are preventing innovation thinking?

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? We talk a lot about Project Management structure, processes and practices – these are put forward as a way of providing stability and certainty. Where are the constraints or blockers that are preventing innovation thinking?

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.

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.

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.

Webinar Recap: How Innovation & Portfolio Management Office Underpins Corporate Success

MPUG

Please find below a transcription of the audio portion of Tad Haas’ How Innovation & Portfolio Management Office Underpins Corporate Success webinar being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG webinar, How Innovation & Portfolio Management Office Underpins Corporate Success. Tad: The conversation today is built off a white paper called Innovation and Portfolio Management Office.

Book Summary: Think Better – An Innovator’s Guide to Productive Thinking

Project Bliss

Learn how to think better by using productive thinking approaches with Tim Hurson’s book Think Better – An Innovator’s Guide to Productive Thinking. In the book Think Better: An Innovator’s Guide to Productive Thinking , Tim Hurson teaches a step-by-step process for dealing with big challenges. . Everybody talks about creativity and innovation these days, but very few actually know how to put them into practice.”

DevOps Deeper Dive: DevOps Accelerates Open Source Innovation Pace

Brad Egeland

This is why organisations look towards DevOps (Development and Operations) services, for they can garner an innovative open-source culture and speed up the software development process. They employ the open-source parameters to the organisational culture and their adoption of automation processes. Today, most of the enterprises collaborate like never before to innovate the open-source sphere.

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work. What is a Stage Gate Process? The Stage Gate Process examines your projects at key decision points in its lifecycle. A Stage Gate Review is a process for achieving a robust Go/No-go decision.

5 Candidate Selection Tools to Speed up Your Hiring Process

Teamweek

To help you make fast but effective hiring decisions, we gathered our favorite candidate selection tools, designed to make your hiring process sleeker and more efficient. The post 5 Candidate Selection Tools to Speed up Your Hiring Process appeared first on Toggl Blog.

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Employee-Led Innovation (6) – The Walt Disney Method for Idea Development

Inloox

The roleplay process First, there should be a test run so the participants can get to know all the roles: In the dreamer area, the participants are asked to think of a particularly beautiful or creative moment in their lives. As a result, people will be more open to voice ideas they ordinarily wouldn’t share, and you’ll get to collect a treasure trove of innovative ideas. Read more from the Employee-Led Innovation series: Advantages of In-House Idea Development.

DevOps: Innovating with Speed, Security, and Quality

Brad Egeland

But DevOps does make it happen, as long as you understand how to innovate with DevOps. DevOps: Innovating with Speed, Security, and Quality Tuesday, August 11, 2020 | 9AM PT / 12PM ET In this special webinar, you'll dive into the world of DevOps from multiple angles.

How Contract Manufacturing Teams Keep Up With the Speed of Innovation: Dynamic Project Management

LiquidPlanner

This is where the dynamics of managing and overseeing production processes get tricky. Both OEMs and CMs can end up getting information too late in the process to make corrections; and even when they do get or share information in a timely manner, deterministic systems such as Project make it difficult for teams to change priorities and reallocate resources. Keeping Up With the Speed of Innovation.

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Is Your Organization Mature Enough for Digital Transformation?

Epicflow Blog

Not only businesses but also government organizations are engaged in digital transformation processes, and each of them knows why they need it as successful digitalization provides: Clients’ comfort, Competitive advantage, Security and speed of all processes, Reliability and safety of information. .

2020 58

How the Fail Fast Approach Brings Innovative Solutions

Runrun.it

The concept of fail fast and embracing failure entails testing new ideas and innovating on current strategies. Such failures will essentially lead to more knowledge and new innovations. Fast Failure Leads to Achieving Desired Outcomes Quickly Why Iterations are Imperative for Greater Success How Company Leaders Can Implement the Fail Fast Process How to Manage Workplace Conflict and Other Challenges Project Management Software Enables the Fail Fast Process.