article thumbnail

You need to know your success criteria

Idea to Value

Once you have agreed those success criteria, prioritising ideas and innovation projects becomes a lot more straightforward. These criteria should align with the company’s strategy, the expectations on the innovation team, and what the innovation managers believe is required from an overall innovation pipeline and portfolio of projects.

LEAN 214
article thumbnail

How to use KANBAN: An effective productivity method for innovative ideas

Idea to Value

How do you manage projects where the requirements are likely to change frequently. It originated as part of the Toyota Production System as part of their Lean Manufacturing Method, and is a method for scheduling in which sequence work should be done to achieve a desired outcome.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Opportunity cost

Idea to Value

As an everyday example, if you only have $1 to spend on lunch, you could either buy a $1 donut, or a $1 apple, but not both. Yes, you cannot invest in two full-scale innovation projects which require the same people, money and resources. Whichever one you choose, you give up the opportunity to have the other (at that moment in time).

LEAN 225
article thumbnail

How to Lean in To Empower Your Team

Tullio Siragusa

How to Lean in To Empower Your Team. To achieve this kind of empowerment, it is essential for leaders to lean-in and engage actively and effectively across teams, in addition to arranging coaching sessions. Importance of Leaning in. Similarly, allocating an easier project can have no empowering impact on team members.

article thumbnail

How to Make Good Lean Startup Hypotheses

Tim Kastelle

Part Eight in the Lean Startup Series When teams start out with lean startup, they often build hypotheses that are too precise – we assume we know more than we do. Take the photo-sharing product example. We need to start our lean startup process with discovery – and that is harder to hypothesise. Strategy: Simplify.

LEAN 100
article thumbnail

What You Need to Know About How to Execute a Project 

Planview

In this post, we’re going to show you how to execute a project. You’ve initiated your project, created an in-depth plan, and secured stakeholder buy-in. Except that, as every PMO knows, project execution is the most challenging stage of the project life cycle, and it’s only gotten more difficult in a world of hybrid and remote work.

Project 59
article thumbnail

Building a Secure Future for America’s Water Resources

Business and Tech

” Take the Colorado River Basin for example. Collaboration between local municipalities, communities, and organizations is vital in implementing water reuse projects. PCL Construction has worked with various municipalities to build drought resiliency projects across the United States.

Resources 130