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Digital Transformations Are Crucial to Optimizing Innovation Value

Planview

According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 This digitally transformative process now sets the stage for a more seamless product development process. percentage points per year.

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Guest Blog – Innovation is a Company Wide Responsibility

ImagineNation

They’ll talk about how the Growth Team needs to consist of creative people chosen for their ability to think broadly and seek out new things, while the Current Business team is expected to just keep turning the engine that generates profits through servicing existing customers and markets. Innovation is a Company-Wide Responsibility.

Company 40
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Rapid Experimentation: The Fast Track to Overcoming Uncertainty

Moves the Needle

However, the rise of Lean Startup methodologies, popularized by Eric Ries in his book “The Lean Startup,” brought rapid experimentation to the forefront. Ries’s emphasis on Minimum Viable Products (MVPs) sparked a paradigm shift. Ries’s emphasis on Minimum Viable Products (MVPs) sparked a paradigm shift.

LEAN 52
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What do most innovative companies have in common?

hackerearth

The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. Providing a supportive environment that encourages failure ensures that the strongest ideas gain organization-wide acceptance and reach the market as great products. They are experience driven.

Company 77
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Winning the explore:exploit game

Jeffrey Phillips

Much of the last 30 years of management thought has been consumed with improving exploitation skill - Six Sigma, Lean, Outsourcing and right-sizing are all efforts to improve the efficiency and effectiveness of the exploiting portion of your business. Product development cycle times are now longer than shelf lives.

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The Rise of Product Management

Moves the Needle

The memo that started it all sounds more like modern product marketing than product management, but your mileage may vary. It was their job to ensure all aspects of the product development process were aligned and working together. The primary function was to serve as the bridge between Engineering and Marketing.

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Start With Mindset

Leanstack

We’re already at the 10 year anniversary of the Lean Startup. Yes, it was a little over 10 years ago that Eric Ries started sharing a series of blog posts and giving talks on a new way of building products?—?ideas ideas that went on to spark the global Lean Startup movement. Time flies. mvp, experiment, a/b test, etc.)