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Innovation Project Governance Do's & Don'ts

Innov8rs

Innov8rs | Despite its importance, innovation project governance is often handled ineffectively, slowing down rather than driving innovation. Innovation project governance is a decision-making discipline where organizational leaders decide which ideas to pursue, how to allocate the innovation budget, and how to assign resources.

Project 80
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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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What We Can Learn About Government Innovation from DARPA

IdeaScale

The Defense Advanced Research Projects Agency, or DARPA, has already changed the course of history. The post What We Can Learn About Government Innovation from DARPA appeared first on IdeaScale. Here’s what we can all learn from DARPA’s approach to innovation management and product design strategy.

Learning 100
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Innovation Management in 2023: Governance & Portfolio Management

Innov8rs

Like it or not: for innovation, governance is the theme of the year. Bringing Back Financial Projections. In 2023, it’s crucial to move away from making single point estimates and instead relying more on financial projections. In any portfolio, Noel recommends taking a close look at each project's relative value. “We

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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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Building the use of the innovation work mat as a compelling business case

Paul Hobcraft

The leadership of an organization are the only one that has this mandate to decide the course to be taken, and then the market decides. Governance – we examine how to govern an innovation project and why this work requires different governance models from other projects.

Design 319
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How law firms can take governance seriously in today’s changing work environment

Anaqua

Briefing Magazine spoke with Dan Anderson, Vice President and General Manager at SeeUnity , an Anaqua Company, about how law firms can take governance seriously in today’s changing work environment by investing in content automation to keep their systems secure. Once again, there is a parallel with the SharePoint boom.

Change 75