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Innovation project or Innovation Capability?

Jeffrey Phillips

No, today I want to talk about the differences and problems when companies focus on innovation as a discrete project, versus what they really need, innovation as a competency or capability. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

Project 209
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Use a Strategy Uncertainty Map to Find Clarity in Disruptive Times

Leapfrogging

The past two years were as disruptive as they get for both society and business. A Strategy Uncertainty Map is a visual representation of your top opportunities, which can include products, services, projects, or business strategies. Competitors — How certain are we that the product is differentiated from the competition?

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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
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Intentionality and the Differentiating Competitive Advantage 

Planview

Last month, Planview released the inaugural 2023 Project to Product State of the Industry Report , and it is well worth the read. When you transform one value stream, that value stream shows the improved benefits of speed to customer value, greater security, reduced errors, and risk mitigation of digital disruption.

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Turn the Tables on Product Development Disruptions

Planview

Disruptions to effective product development are constant but don’t need to be detrimental to an organization’s ability to deliver innovation with speed and maintain a healthy ROI. That shift creates constant momentum, making it easier to adjust perspectives and see with more clarity all the opportunities to turn the tables on disruption.

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Unleash Your Teams Strategic Potential: 10 Ways to Craft the Best Business Strategies

Leapfrogging

Introduction to Strategic Thinking in Business The Importance of Strategy in a Disruptive World In today’s business environment, disruption is the new norm. A well-crafted strategy can serve as a compass, guiding your organization through the complexities of a disruptive world and towards sustained success.

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Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? Dyson disrupted the vacuum cleaner market by creating bagless vacuum cleaners, a concept that challenged the traditional vacuum design and improved performance. Let’s look at some examples of lateral thinking in business strategy and innovation.

Strategy 169