Innovation Project Management

International Institute for 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.

The Continuous Innovation Framework (COIN)

Henny Portman

The Continuous Innovation Framework (COIN) is designed to help large organizations to successfully and continuously develop, scale, and embed innovations and thus create a continuous Return on Innovation. Capture innovative ideas from internal and external sources?

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Why Business Strategies Are Important? (8 Most Common Business Strategies)

Proofhub

8 Most Important Business Strategies to be Aware of in 2020 Businesses are not run blindly, you have to set your own set of goals that you want to achieve effectively to thrive in the market. What is the Main Focus of Business-level Strategy? How Do You Create a Business Strategy?

People Innovation: A New Vision to Innovate

International Institute for 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. .

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.

Chess and Business Strategy

International Institute for Learning

Undoubtedly the chess game is fascinating because it implies deep thinking, strategy, and prediction ability. It is often seen analogous to a business strategy. By knowing the value, it is easier to make decisions about game strategy and placement. By Luigi Morsa, Ph.D.

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

Key Growth Strategies for New Businesses

ProjectManager.com

In that time, she’s learned plenty about crafting successful growth strategies for businesses, which she shares in this video. In Review – Key Business Growth Strategies for New Businesses. But it’s these experiences—both good and bad—that taught her the best strategies and tools for enabling business growth. Basics of a Small Business Growth Strategy. Growth Strategy for Entrepreneurs. Diversification Strategies: Grow by diversifying your offerings.

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

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?"

Lisa Bodell on Simplification and Innovation

International Institute for 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. — Strategy/Planning Metrics – Decrease in number of approval committees.

Efosa Ojomo on Market-Creating Innovation

International Institute for 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?

Organizational Structures that Support Faster Innovation and Evolution

Leading Answers

Most medium to large-scale organizations have considerable mindset inertia in the form of strategies, multi-year plans, in-flight programs, and projects, etc. Again, free from some of the normal scrutiny and controls that aim for efficiency, these insulated groups can innovate quicker.

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?”.

Innovating and Driving Agility with Tech: No-Code Development

Speaker: Gautam Nimmagadda, CEO, Quixy

Product Managers: are you wondering what your teams will look like in the future? If so, it's time to look to no-code development. With it, you can leverage hyper automation, strengthen and accelerate growth, and drive value. Your teams will be able handle more projects, and focus on the real challenges. This webinar harnesses the wisdom of today's business leaders and the global pioneers of tomorrow. Join Gautam Nimmagadda, CEO of Quixy, and learn how to leverage tech to drive agility with citizen development and the no-code movement.

5 Strategies for Product Backlog refinement

Scrum.org

5 Strategies for Product Backlog refinement. Five strategies that help Scrum Teams to refine the Product Backlog: Gaining insights . All strategies help Scrum Teams and their stakeholders to have conversations about the upcoming work and thus clarify the items in the Product Backlog.

2021 71

12 Innovative Examples of Project Management Software

MavenLink

Together, these elements help businesses execute project strategies for improved employee utilization and greater profitability. The company adopted a modern and intuitive project management system to access real-time information about resources for improved project strategies and a reduction in non-billable time spent staffing projects. AMP, a brand ecosystem agency, streamlined staffing and resource strategies by using a project management system that consolidated resource data.

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.

Types of Planning Crucial to Delivering on Strategy

Planview

In this blog series, we will be discussing five types of planning that are crucial to delivering on strategy with a dynamic and continuous approach. Our penchant for applying technology to every problem often makes innovations and development more complicated. They require people, strategies, work, outcomes, and technology. Stick with us and in the end, you’ll understand what it takes to create plans that will enable you to continuously connect strategy to delivery.

Successfully Deliver Strategy… Fast

Planview

So far in this blog series, we have defined strategy, covered the basis of strategic planning, and discussed who to include in your strategic planning team. If you need a refresher on the first two phases of this rescue mission, read through parts 1 and 2 below: Part 1: Failing to Deliver Strategy… Slowly. Part 2: Begin to Deliver Strategy… Fast. Step 1: Start with strategy. It creates an opportunity for innovation and the ability to take on the “hard stuff.”

Retention Strategies for Millennials (& How to Keep Them Happy)

MavenLink

Millennials seek a great work atmosphere and culture that values collaboration, innovation, and empowerment. These different perspectives can ultimately lead to a more innovative and profitable company.

4 Strategies to Prepare for Industry 4.0

LiquidPlanner

the term being used to describe these innovations in manufacturing, IT, and materials, will lead to sweeping changes. here are four strategies to keep in mind. Download the guide here: The post 4 Strategies to Prepare for Industry 4.0 Robots operating autonomously on factory lines, drones delivering packages to doorsteps, 3D printed organs working alongside our own. Just 15 years ago, these ideas may have sounded like plot lines out of a sci-fi novel.

Failing to Deliver Strategy… Slowly

Planview

Then, you pass the list of projects to those who “align” those projects to strategy? Who is responsible for delivering strategy? This process is stifling innovation and costing the organization thousands of man-hours and likely resulting in failing … or what I refer to as failing-slow. The truth is, strategy is filled with unknowns, which is partly why many organizations aren’t good at strategic planning—they simply don’t know how to work with something that isn’t concrete.

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. Radical innovations are often begun through errors and failures, the Forbes article explains.

5 Strategies for an Effective Teamwork

Binfire

To make your team work more effective follow the tips and strategies which are going to be discussed here. Strategies for an effective Teamwork . When they share their innovative and creative ideas, you have to appreciate their thoughts so you can generate the beneficial outcome. The post 5 Strategies for an Effective Teamwork appeared first on Collaboration Corner.

Project Management Career Q&A – Strategic and Business Management Development

Arras People

Strategy management, financial planning processes; portfolio management and strategy execution are all areas for consideration. Then there are options which you may never have considered for your industry or organisation, for example innovation, design thinking, data analytics, psychology – take inspiration from other industries and bring in new thinking in your approach to managing projects.

2017 202

Diversifying a City’s Economy by ‘Innovating Out’ From the Core

Leankor

Diversifying a City's Economy by 'Innovating Out' From the Core. In a recent article , James Lochrie – a national tech leader – points out the amazing transition happening in the Calgary innovation ecosystem as we move from primarily “energy tech” innovation to a more broad-based collection of startups that cross industry boundaries. The post Diversifying a City’s Economy by ‘Innovating Out’ From the Core appeared first on Leankor.

Grow a culture of innovation and learning with frequent Developer Huddles

Scrum.org

And more importantly, where developers can learn, innovate and experiment to become better at his craft? In the workshop, the 30 participants shared and developed low-tech strategies to ignite Development Teams. There are many simple and low-tech strategies you can use.

Is Your Organization Mature Enough for Digital Transformation?

Epicflow Blog

At the same time, digitalization is a long and difficult journey that takes from two to five years and can be complicated by one of the following things: The innovations adopted don’t satisfy customers’ needs; . Properly Developed Strategy.

2020 83

People Enablement Strategies Boost Productivity and Growth

Runrun.it

Check it out what you will find on this article about people enablement : How to Help Executives See the Potential among HR Representatives Show Employees HR professionals will Support their Development Key People Enablement Strategies to Boost Employee Development at Your Company The Four Steps Needed for Creating a High-Performance Team The Connector Manager and Employee Development Why Runrun.it Key People Enablement Strategies to Boost Employee Development at Your Company.

Quo Vadis, Scrum Master: The Results of Our Virtual Strategy Session

Scrum.org

TL; DR: Results of a Virtual Strategy Session for Scrum Masters Regarding Remote Work. Last week, 30-plus participants in the 23rd Hands-on Agile meetup had a virtual strategy session where they explored Liberating Structures’ Critical Uncertainties microstructure.

2020 55

Collectively Deliver on Strategy with Digital Transformation [Video]

Planview

We’re in the age of digital transformation, and with that, the pace of innovation is greater than ever before, customer expectations and demands are higher, and the competition is more intense. The success of an organization hinges on its ability to collectively deliver on strategy, yet many struggle to do so, as they are bound by different point tools that limit communication, collaboration, and visibility into work and projects.

2018 60

Elements Of A Successful Data-Driven Marketing Strategy

Brad Egeland

Optimizing Your Digital Presence For The Web When you’re considering any data-driven marketing strategy, you can’t exclude SEO , or Search Engine Optimization. This innovation in modern marketing makes it possible for businesses to sort of carve out a permanent “niche” on the web—a bit of digital real estate, if you will.

2018 76

8 Most Influential Goal Tracking Apps of 2021

nTask

There are tons of goal tracking apps with hundreds of innovative features. Way of life offers several unique, innovative features that have made it number four on our list. This goal tracker app has a lot of innovative features to offer.

2021 107

Elements Of A Successful Data-Driven Marketing Strategy

Brad Egeland

Optimizing Your Digital Presence For The Web When you’re considering any data-driven marketing strategy, you can’t exclude SEO , or Search Engine Optimization. This innovation in modern marketing makes it possible for businesses to sort of carve out a permanent “niche” on the web—a bit of digital real estate, if you will.

Review 10X Growth Machine

Henny Portman

The 10X Growth Machine – How companies can innovate, scale and win , written by Misha de Sterke, is a book to build your own growth machine by using innovation as a means. Growth governance : Lean innovation process and venture boards, growth policy playbook, and growth accounting.

2020 60

Critical Project Management Skillsets for the Future

Strategy Execution | PMO Perspectives

In 2019, Strategy Execution conducted a global survey among project execution professionals across the world to better understand the skill and capability gaps preventing organisations from executing successfully on their most critical strategic priorities. 86% of respondents also felt leaders need help to develop a problem-solving mindset and tool-kit so they can resolve issues in different ways and think more innovatively about the projects they are working on.

2019 57

Create A Build Indicator With Your Development Team: A Simple Strategy To Foster Developer Cultures

Scrum.org

And that requires a culture of innovation and creativity among developers. . In this series of posts, I’m sharing some simple strategies that have helped me and others in the past. There are many simple and low-tech strategies you can use.

What Skills Will Make You a Top Manager in 2022?

Epicflow Blog

Analytical Thinking and Innovation . In 2022, analytical thinking and innovation will be even more important. Continue being a PM innovator and always look for new management ideas and techniques, as it will give you a considerable advantage. Active Learning and Learning Strategies . There are different strategies for active learning. The demand for such human skills as innovation, leadership, analytical thinking, and creativity will only continue rising.

2022 74