Remove Agile Remove Disruption Remove Guidelines Remove Project
article thumbnail

Building the Innovation Business Case

Paul Hobcraft

Knowing the issues, reducing often the ‘noise and distractions’ and making the professional case is what we need to do to attract commitment to the projects we are working upon. How can you reduce down uncertainty? Moving an idea into a mainstream activity is one of the hardest aspects to achieve. To find out more contact me.

article thumbnail

Harnessing the Power: Proven Team Collaboration Best Practices

Leapfrogging

Importance of Team Collaboration in Modern Work Environments In today’s fast-paced business climate, characterized by disruptive technology and virtual workspaces, team collaboration is more crucial than ever. Project Management Platforms Project management platforms are pivotal for organizing tasks, deadlines, and deliverables.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2024: A Corporate Innovation Odyssey

PlanBox Innovation

As we peer into the abyss of AI’s limitless potential, we must equip ourselves not only with agility but with structured methodologies, visionary strategies, and a commitment to professional standards. In the past, agility served as a lifeline, allowing organizations to pivot quickly in response to unforeseen disruptions.

article thumbnail

Constructing the innovation mandate

Paul Hobcraft

We will focus on both incremental and distinctive innovation outcomes and ones that have the potential for disruptive or breakthrough innovation, that are exploring new technologies, markets, and new business models to drive growth and create value.

article thumbnail

Why we should focus on Innovation Governance

Paul Hobcraft

Governance always has guidelines and measurements, I would argue these need to be sensible and adaptive , not just restrictive and prescriptive. It encourages agility, adapting, being fluid and dynamic in the way to undergo innovation. It offers project empowerment, leveraging and steering ideas, concepts and ambition.

article thumbnail

70:20:10 Rule of Innovation

ITONICS

Should they go after the disruptive and risky idea? He asked Googlers to focus on core business 70% of the time, 20% on related projects and 10% of the time on unrelated and new projects. It is useful to think of innovation projects as a portfolio: You need diversity in your portfolio to reduce risks and reach a balance.

article thumbnail

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

Based on retrospective analytics—Net Present Value (NPV) models, for instance, are built on market projections that are calculated using past trends—they tend to skew innovation decisions toward optimizing existing product lines rather than pursuing new ones. Moreover, the tools commonly used to support the process exacerbate the problem.