Remove Comparison Remove Competition Remove Project Remove Software
article thumbnail

Navigating the Shift from Project to Product: A Map for Success 

Planview

The secret lies in transitioning from a project-oriented management approach to a product-centric model. Despite beginning with unwavering enthusiasm, McKinsey reports that initiatives often lose approximately 42 percent of their projected value as they progress into later implementation stages and long-term sustainability.

Project 69
article thumbnail

Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

In this article, we delve into the essence of discontinuous innovation, its impact on the competitive landscape, and how businesses can harness its transformative potential. Strengthening Competitive Advantage Leveraging discontinuous innovation allows companies to differentiate themselves significantly from their competitors.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI. Not just because the business can ask their employees for solutions to strategic problems or for ways to increase competitive advantage, but as a way to embolden their workforce.

article thumbnail

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI. Not just because the business can ask their employees for solutions to strategic problems or for ways to increase competitive advantage, but as a way to embolden their workforce.

article thumbnail

Innovate Like a Pirate: How Thinking Like a Buccaneer Can Yield a Treasure Trove of Value

Qmarkets

However, the good news is that there are a few attributes of the privateer persona that can and should be emulated when approaching an innovation project (and we should emphasize that this doesn’t involve getting anyone to walk the plank). Surely these are the traits that any innovation leader should possess.

article thumbnail

3 Corporate Digital Transformation Pitfalls, and How to Overcome Them

Qmarkets

Like any major undertaking, the success of the project is determined by the one running the show. Takeaway : Don’t hand off this important project to lower level management. The mistake companies make is in viewing digital transformation as a technology play, something that will keep them afloat in a competitive market.

article thumbnail

Capabilities and Leadership Close the Skills Gap in Manufacturing

Innovation 360 Group

Global manufacturing executives rank “skilled talent” as their #1 competitive differentiator. Figure 2 illustrates a comparison on 10 illustrative innovation capabilities between top quartile manufacturers and average companies. These are not just competitive advantages. They are survival skills.