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Navigating Technical Debt in the Automotive Industry

Planview

Amidst the relentless waves of innovation and competition, OEMs, suppliers, and manufacturers in the automotive industry navigate a sea of challenges and opportunities. Financially, it imposes a burdensome surcharge of 10 to 20 percent, as revealed in the McKinsey mentioned earlier, compounding project expenses.

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Why is developing digital products one of the solutions to overcome the crisis?

mjvinnovation

What makes us believe that developing digital products is not only a solution to overcome the crisis, but also to generate business value after it too. Industry 4.0. The pandemic effects have created a scenario of uncertainty – unemployment and economic weaknesses cannot be neglected. Bonus 2: Agile Software Development.

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Integrating ‘Agile’ Approaches into ‘Waterfall’ Cultures

InnovationTraining.org

Agile” and “Waterfall” offer us very different approaches to project management. is the guiding question, and we develop solutions based upon our understanding of the answer. becomes the salient question, and discovering the likely answers determines the responses that will be developed. Core Elements of Waterfall.

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Win at Digital Transformation By Connecting Portfolio Management and Value Stream Management 

Planview

No organization in any industry is immune to the necessity of digital transformation to remain competitive. By combining these approaches, organizations can improve the performance of every stage of the software development lifecycle, from planning to delivery to outcomes. Value stream management (VSM) changes that.

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

How can design thinking help with product development? This helps to ensure that the team is working on solving the right problem. Prototype: In this step, the team creates a rough model of the solution to test and evaluate. What is the difference between design thinking and agile methodologies?

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Intentionality and the Differentiating Competitive Advantage 

Planview

Last month, Planview released the inaugural 2023 Project to Product State of the Industry Report , and it is well worth the read. The data measures the flow of business value through all the activities involved in a software value stream. Speaking of points, let’s talk about speed of points.

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Business Model Scalability: Internal vs External

The BMI Lab Blog

4 Strategies to Improve Your Internal Scalability Leverage External Resources The most scalable models to date are digital platforms that leverage external resources e.g. cars and drivers (Uber), engineers and product designers (Local Motors), or software developers and phone manufacturers (Android).