Idea to Value

FEBRUARY 22, 2023

Since this landmark study, there have been numerous studies that have confirmed the anchoring bias. In another study by Northcraft and Neale in 1987 , participants were asked to negotiate the price of a car. It is also a reason why so many estimates for innovation projects (and in fact plans for all projects ) can be so wrong.

Study 266

Study Project Examples Strategy 266

Innovation 360 Group

AUGUST 25, 2019

Acknowledging the need for pursuing deeper impact over a wider area, the Growkomp Regional Development Project was designed to develop the innovation capacities of 22 manufacturing companies in the Småland regionof Sweden over a two-year period. The EU funded-development project was launched in 2016 with 8.2 million Swedish crowns.

Case Study 51

Case Study Underperforming Technical Team Project Study 51

Idea to Value

MAY 28, 2021

If you or your company has invested in an innovation or project, and it just is not working, when is the right time to stop it? This is known as the Sunk Cost Bias or Sunk Cost Fallacy , and it can be a killer of Innovation Labs and innovation projects. Result: 17% said yes. Result: 85% said yes.

Project 321

Project Study Groups Marketing 321

Idea to Value

DECEMBER 13, 2023

The researchers wanted to see if there was a link between people delaying themselves starting work on a project, and that time being used to incubate ideas, resulting in output which was deemed to be more creative. In order to test this, the researchers conducted three sets of experiments in the USA and Korea.

Creativity 199

Creativity Video Study Survey 199

Idea to Value

SEPTEMBER 5, 2022

However, eventually as more employees join the company, the research shows that without management layers being added, employees become unable to organise themselves to actually deliver projects. While a flat hierarchy led to more creative ideas in Start-ups, it often resulted in worse commercial performance.

Project 307

Project Creativity Innovation Ideation 307

Idea to Value

NOVEMBER 14, 2022

One of the classic psychological studies looked at people in a supermarket choosing from a selection of jams. Since this study, dozens of other studies have also tried to test replicate the results. The researchers set up two tasting displays (where people could try samples) in an upscale supermarket in California.

Comparison 247

Comparison Analysis Study Resources 247

Bubblegroup

FEBRUARY 9, 2018

In its recently-released (49 page) research report, ‘Roadmapping Software Studie’, TIM-Consulting and Fraunhofer IAO evaluated a number of prominent vendors offering technology and product roadmapping software. Roadmapping Software Study 2018. To access the IM-Consulting and Fraunhofer IAOreport, click HERE. Management.

Roadmap 40

Roadmap Software Review Software Study 40

Harvard Business Review

FEBRUARY 28, 2024

Organizations can nudge people into diversifying their experiences, for example by regularly rotating people into new projects or positions. But individuals also have the power to dehabituate by finding different work opportunities, studying new skills, or trying new hobbies.

Study 114

Study Engagement Project Learning 114

Idea to Value

MAY 14, 2023

Milgram’s Obedience Study and other Authority research One of the most famous experiments which showed just how likely people were to believe what an authority figure would tell them is the study completed by Stanley Milgram in 1963. And like many biases, we might all suffer from it without realising it.

Groups 198

Groups Study Creativity Idea Generation 198

Idea to Value

JULY 3, 2023

Hyperbolic discounting and innovation I have worked with many companies on their project business cases. And one of the things which companies are always looking out for are the “quick wins” The types of projects which are going to solve problems and deliver value almost immediately.

Project 185

Project Training Leadership Study 185

Idea to Value

JULY 27, 2023

But did you know that it is one of the best examples of a project going over time and budget? Large-scale and important projects often take longer to complete and more money than originally planned. Large-scale and important projects often take longer to complete and more money than originally planned.

Project 137

Project Study Analysis Examples 137

Harvard Business Review

OCTOBER 25, 2023

Leading Wall Street research firm Evercore ISI, in collaboration with venture studio Visionary Future, embarked on a comprehensive study to understand the profound effects of Generative AI on businesses, the broader economy, and its integration into future workforces.

Generative AI 131

Generative AI Analysis Study Collaboration 131

mjvinnovation

JUNE 29, 2020

Keep reading to understand what the most innovative organizations have done to project their future and what you can apply from now on to ensure the continuity and health of your business! Within what has been called Future Studies, the development of narrative scenario sets helps to identify possible paths for a vision of the future.

Study 40

Study Marketing Analysis Disruption 40

Business and Tech

SEPTEMBER 28, 2022

Most studies say that consumers — especially younger people — will pay more for a sustainable product. Obviously, the more you can make energy efficiency and green energy cheaper with government subsidies, then project adoption should go up. Sustainability is driving today’s buyer decision-making. manufacturers.

Study 246

Study Project Learning Technology 246

IdeaScale

MAY 4, 2021

However, project managers might wonder exactly who these “crowd workers” are. Critics often assume that employed professionals don’t have time to participate in crowdsourcing projects. This means that crowdsourcing projects are generally a hobby or a second source of income. Who Are Crowd Workers? What Motivates the Crowd?

Crowdsourcing 264

Crowdsourcing Project Report Design 264

Idea to Value

JULY 8, 2016

I just got back from a lunch with a dear friend of mine, who was describing a potential project which was being discussed at his new accounting company. It is what keeps us from wandering into dark caves, but it also a reason why it’s so hard to convince your boss to support a new idea or innovative project.

Project 103

Project Creativity Innovation Study 103

Idea to Value

JULY 20, 2023

Companies such as AT&T’s Bell Labs (leading to the transistor and the laser), 3M allowing people to have 15% of their time to work on projects of personal interest (leading to Post-It notes ) and Google. According to the study, the average worker felt moderate time pressure every day.

Creativity 209

Creativity Underperforming Technical Team Study Meeting 209

Idea to Value

JULY 6, 2018

According to a recent study by the Unilever Foundation , there is a strong desire for corporations to improve their innovation capability by working more closely with startups. One of the hardest challenges is when you have the owner of the project who is championing it, but they haven’t gotten that senior support.

Study 117

Study Report Collaboration Meeting 117

Idea to Value

DECEMBER 20, 2021

In a 2018 research study by Sjåstad and Baumeister , the researchers wanted to see what would happen to someone’s willingness to think about the future before or after they had been forced to make hard decisions. Is it possible to exhaust yourself by making decisions? According to research, yes it is.

Creativity 238

Creativity Study Project Innovation 238

Leanstack

JUNE 7, 2018

I’m working on my most ambitious project yet. This is the essence of Continuous Innovation …And yes, there is a step-by-step framework for doing this…And exactly what this new project is all about codifying as a framework. I had read about JTBD in Clayton Christensen’s book: The Innovator’s Solution , and knew of the milkshake study.

Project 74

Project LEAN Case Study Software Review 74

Harvard Business Review

FEBRUARY 7, 2024

Recent research by the author has further explored this field, highlighting two critical aspects: the role of high-ability managers in selecting profitable ESG projects and the long-term value of ESG practices in supply chains.

Study 88

Study Resources Project Management 88

mjvinnovation

APRIL 28, 2020

But how is one supposed to properly manage projects and teams remotely? We will show you some tips and tricks to help your teams stay productive while working on projects remotely. . The use of agile methodologies, such as SCRUM, can help to decentralize project management. Check it out! The future is remote work.

Project 52

Project Management How To Leadership 52

Peer Insight

FEBRUARY 20, 2020

We all want to be the first to market, but no one wants to burn gas on an idling project — nor have an explosion. Einstein said it best: “If I were given an hour in which to do a problem upon which my life depended, I would spend 40 minutes studying it, 15 minutes reviewing it and 5 minutes solving it”. They would say, ‘No.’

Project 52

Project Innovation Product Strategy Strategy 52

Business and Tech

SEPTEMBER 19, 2023

Studies have shown that by 2071, 40 of 50 states could see their water supply decrease by up to a third. Collaboration between local municipalities, communities, and organizations is vital in implementing water reuse projects.

Resources 130

Resources Technical Review Project Collaboration 130

Greatest. Idea. Ever.

JULY 2, 2019

According to Atlas Obscura : “The Brooklyn Art Library houses the Sketchbook Project: a collaborative library of artists’ sketchbooks that’s grown every year since 2006. And the project is not only open for people to contribute to, but also for people to browse. Is the Sketchbook Project the Greatest Idea Ever?

Project 40

Project Roadmap Study Collaboration 40

Idea to Value

JULY 21, 2021

And what impact does this have on innovation projects? The concept was first developed in experiments by Dr Daniel Ellsberg, reported in research studies from 1961. Why do so many companies keep making the “wrong” decisions time and again? It may be linked to a cognitive bias called the Ambiguity Effect bias.

Project 292

Project Creativity Report Study 292

mjvinnovation

OCTOBER 5, 2020

In this article, we’ll talk a little bit about the concept and show you some examples of Data Science projects that helped leverage business results. Data Science is the field of study that combines domain knowledge, programming skills, mathematics, and statistics to extract significant insights from data. Check it out!

Data 52

Data Examples Artificial Inteligence Project 52

Leanstack

NOVEMBER 3, 2016

That’s when he told me that he also had a flight simulator in his living room — one he had built himself as a fun side project. Over the next year and a half, I have watched Fabi turn his passion side project from an invention into an innovation — one that is starting to get real traction.

Case Study 52

Case Study Study Underperforming Technical Team LEAN 52

Taivara

MARCH 3, 2017

They invited us to continue the project and test our assumptions with the new markets. Case Study: Testing for the Perfect Market. Case Study: Uncovering Hidden Market Opportunity. Case Study: Improving Customer Experience and the Bottom Line. Case Study: Digitizing an Industry. The Next Step: Fit-Testing.

Case Study 39

Case Study Study Marketing Internet of things 39

Michael Roberto

AUGUST 10, 2021

A project manager has had a remarkable track record. Surely, it makes good sense to assign him or her to lead the next high-profile project in your organization. They find that high-status project leaders may be prone to extreme outcomes: perhaps another blockbuster hit, but just as likely, a major flop. Not so fast.

Project 26

Project Underperforming Technical Team Study Video 26

Idea to Value

DECEMBER 6, 2022

Nick Skillicorn: but isn’t it pointless to invest in innovation if most of the projects will fail? ChatGPT: While it’s true that not all innovation projects will be successful, investing in innovation can still be a worthwhile pursuit for many companies. But that is pretty normal text.

Artificial Inteligence 272

Artificial Inteligence ChatGPT System Creativity 272

Boxes and Arrows

FEBRUARY 20, 2018

In this case study, we describe our user experience monitoring system at Qualtrics. [1] This case study is therefore useful for any researcher, designer, or product manager interested in creating a similar monitoring system for their eCommerce, website, app, or SaaS products (and potentially useful for non-digital contexts as well).

Case Study 66

Case Study Study System Survey 66

MSSBTI

SEPTEMBER 14, 2018

However, that is exactly what happens to an overwhelming number of leaders on a regular basis with their technology projects. A McKinsey-Oxford study found that large IT projects go over-budget 45% of the time, over-schedule 7% of the time, and under-deliver 56% of the time¹. How to Avoid Project Estimation Errors.

Project 53

Project Underperforming Technical Team How To Technical Review 53

Leapfrogging

JANUARY 2, 2023

In a landmark study, for example, Google identified “psychological safety” as the top characteristic of its most successful teams. For example, you might have a project you expect to take three months to complete. Project and task prioritization. I’ve built new teams. Flexibility is a key success factor.

Agile 130

Agile Software Review Software Developers Software Development 130