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4 Challenges Facing Embedded Services Organizations & How to Solve Them

Planview

Between 2021 and 2025, the global professional services marketplace is projected to grow from USD $5.428 trillion to $7.063 trillion, which is a compound annual growth rate (CAGR) of 7.9 As such, to be successful ESOs face the challenge of serving not one, but two masters: profits and product adoption.

How To 72
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You need a why and a how, not a what, for innovation

Jeffrey Phillips

Creating a new and compelling product or service WITH the how and why in place is challenging. This is one reason so many innovation projects "fail" - they were rarely defined with success in mind. If you have a good corporate, business unit or product strategy, ensure that innovation supports it.

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4 Simple Questions That Can Re-vitalise Growth for Your Cash Cow

Rmukesh Gupta

Go out to acquire a product that can provide the growth for the organisation. Start an innovation project with the intention of creating the next high growth product internally. Unfortunately, most such acquisitions don’t pan out well for the acquiring companies.

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Unleash Your Visual Superpower!

Boxes and Arrows

We all sketch before we design, but too often the sketches go in a drawer when the project starts, often never to be seen again. One team I’ve worked with helps bridge this gap on strategic projects by maintaining an “experience roadmap.” The roadmap doesn’t just benefit the project team or the designer. Always be closing.

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The Marketing Stakeholder Interview

Boxes and Arrows

Project Management for Stakeholder Interviews. Marketing stakeholders (such as marketing executives and most product managers) are usually responsible for promoting the company’s brand, identifying new market opportunities and products that could address them, or both. How does this product fit into the overall product strategy?

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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Before changing existing funding processes, try creating a small “slush” fund for digital innovation projects. These could include: percentage of staff trained in innovation, leadership time spent on innovation vs. regular operations and percentage of budget that is invested in innovation projects. DEDICATED METRICS.

Survey 40
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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Before changing existing funding processes, try creating a small “slush” fund for digital innovation projects. These could include: percentage of staff trained in innovation, leadership time spent on innovation vs. regular operations and percentage of budget that is invested in innovation projects. DEDICATED METRICS.

Survey 40