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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. This is one of the fundamental strategic questions which every business leader needs to consider. But what does a well-balanced innovation portfolio look like?

Project 284
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Negativity Bias: Conservatism in Funding Novel Projects?

Michael Roberto

Source: capital.com Is your organization's resource allocation process biased against funding original ideas or novel projects? They examined a "conservatism bias" in funding novel projects. Jacqueline Lane and her colleagues published a fascinating paper in Management Science in 2020.

Project 26
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What is the ambition matrix and how does it work as part of an innovation portfolio?

Idea to Value

Most companies are not really aware of all of the innovation projects they are working on. Let alone which project mix they should be working on. Here is the original image of the Ambition Matrix from the article: Original Image of the Ambition Matrix from HBR 2012. Is this project an innovation at all?

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Smarter Homes - Opportunities in the Growing Home Automation Market

Wellspring

The burgeoning interest in this technology provides an opportunity that businesses can’t ignore - the smart home market is projected to be worth $292.43B by 2024 and the output of relevant intellectual property continues to grow year over year (Figure 1). Source: Wellspring for Tech Scouting Data.

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Big Hit or Big Flop: Extreme Outcomes for High-Status Project Leaders

Michael Roberto

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
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5 Behaviours to Lead Successful Change

Innovation Excellence

Unfortunately, the failure rate of change projects has little changed in recent years, despite the increasing use of agile methods. According to a 2012 McKinsey study, 17% of change projects conclude so disastrously. The need for change is constant in a constantly changing business environment.

Change 70
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Bubble PPM | G Cloud 9 (G9) Approved Project Portfolio Management supplier | PPM software

Bubblegroup

Bubble PPM – G Cloud 9 approved Project Portfolio Management software The UK Government’s Crown Commercial Service selects Bubble Innovator Ltd as a G Cloud 9 supplier on the 2017-18 Digital Marketplace, opening up further opportunities for Project Portfolio Management (PPM) services to the public sector. Management. Management.