The BMI Lab Blog

MARCH 19, 2020

When innovation projects fall too early into the standard project management paths, false expectations and insufficient evaluation of the fundamentals may occur. Due to this, companies often miss the fact that this does not necessarily mean that IT is also at the core of the value proposition.

Technical Review 97

Technical Review Marketing Technology Company 97

Moves the Needle

AUGUST 2, 2018

You can use Lean Innovation techniques -- Empathy, Experiments, and Evidence to ensure the driving force is sustained through the integration. One organization might consider innovation to be a new channel to market and another sees it as new technology. With regard to innovation, there’s often more than just technology at stake.

LEAN 40

LEAN Technical Review Innovation Culture 40

mjvinnovation

FEBRUARY 20, 2020

As a rule, the corporate scene is full of uncertainties: Will this project work? Therefore, before adopting frameworks and best practices, before looking at the technical part of Agile, you must to turn to the mindset. Redirect the project according to the objective of the business. Key points to have a successful project.

Design Thinking 69

Design Thinking Agile Design Technical Review 69

Leapfrogging

JUNE 3, 2020

I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated business models. Remote work , lean budgets , and the need for contingency plans are three big trends impacting the industry. Scalable Business Models.

Software Review 100

Software Review Change Technical Review Disruption 100

Idea to Value

NOVEMBER 7, 2022

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true.

Project 250

Project LEAN Management Innovation 250

CMOE

FEBRUARY 10, 2023

Learn what department goals are and why they are essential and review a five-step plan to actually execute them. For example, the level of quality each team member must achieve for the department. What Are Examples of Good Department Goals? This PM goal could focus on better streamlining projects and boosting efficiency by X%.

Tips 52

Tips Underperforming Technical Team How To Software Review 52

Moves the Needle

OCTOBER 8, 2018

For example, in an organization’s effort to remain financially stable, a funder can have more power and influence on programs than the community members benefiting from those programs. For example, in a majority of philanthropic work, organizations are strongly encouraged to avoid failure.

LEAN 75

LEAN Case Study Change Underperforming Technical Team 75

Leapfrogging

APRIL 10, 2024

They may share insights on techniques for effective ideation such as design thinking, mind mapping, and leveraging technology for collaborative brainstorming sessions. They may also delve into methodologies like lean startup principles and agile development to illustrate how continuous testing can lead to successful outcomes.

Innovation 113

Innovation Leadership Ideation Innovation Processes 113

mjvinnovation

JANUARY 8, 2021

In reality, we are talking about a set of practices that should be used to manage projects and demands to adapt to changes and gain efficiency quickly. A Squad is nothing more than a team formed by people with different technical and academic skills to solve a problem or perform a project. Want an example? What is Scrum?

Agile 52

Agile Design Technical Review How To 52

mjvinnovation

MAY 29, 2019

Feedback meetings (review and retro) are held to evaluate the changeable points and the way to be followed in new sprints (plannings), which guarantees better prioritization and reduction of gaps. Engineering companies with HR and PD management process XP well on their payroll, for example. Scrum Roles. Where to apply. Where to apply.

Agile 40

Agile Learning Development Team Review Technical Review 40

Planview

JUNE 23, 2022

As technology solution providers emerge from the unprecedented volatility of the last couple of years, services leaders are asking what are the most important capabilities that they need to master? A conventional definition of digital transformation describes it as “the novel use of digital technology to solve traditional problems.

Technical Review 52

Technical Review Software Review Conference Software 52

InnovationTraining.org

DECEMBER 12, 2022

We then reviewed them to see that the answer summaries made sense. What are some real-world examples of design thinking? What is the difference between design thinking and Lean UX? This may involve joining a design thinking team or project, or working on a personal project where you can apply the principles of design thinking.

Design Thinking 74

Design Thinking Design Underperforming Technical Team Ideation 74

Taivara

JULY 30, 2019

by Taivara , Technology Innovation. Shadow IT is described as IT projects that take place outside of a company’s internal IT department. For example, a Marketing department may hire a digital agency to create a custom-built application, outside of the company’s core-offerings, as a value-add for their customers.

Technical Review 28

Technical Review Underperforming Technical Team Project Resources 28

Inceodia

MARCH 26, 2020

In this project we partnered with a non-profit medical research organization that addresses the cost of healthcare and improving healthcare delivery in homes, hospitals, and community-based organizations, primarily through developing high-quality, lower-cost models of care for seniors.

System 52

System Technical Review Software Review Software 52

Moves the Needle

JANUARY 30, 2019

Digital Transformation (also known as “DX”) is the phenomenon that virtually all companies are incorporating digital technology at some level. In fact, it has been around since the 1990s, when technology started to become commonplace in businesses, and email and the Internet emerged as ubiquitous productivity tools.

Technical Review 74

Technical Review Underperforming Technical Team Technology Leadership 74

mjvinnovation

APRIL 11, 2019

In his book, Open Innovation: The New Imperative for Creating and Profiting from Technology (Harvard Business School Press – 2003), researcher Henry Chesbrough coined the term Open Innovation. Usually, this happens with the incorporation of technologies developed by other companies. The open innovation concept.

Open Innovation 40

Open Innovation Technical Review Innovation Innovation Processes 40

Qmarkets

OCTOBER 10, 2019

Rapidly changing customer behaviours, disruptive digital technologies, and the emergence of agile fintech start-ups means that disruption is an ever-present danger. Total Systems Services (TSYS) – a fintech giant with more than 13,000 employees worldwide – presents a great example of the results this kind of initiative can deliver.

Software Review 40

Software Review Crowdsourcing Technical Review Project 40

Gregg Fraley

MAY 1, 2018

You will fail with: Lean, Agile, Design Thinking, TRIZ, Stage-Gate, Osborn-Parnes CPS, KILN’s FuseTrail, or a homegrown/blended framework. Innovation leaders, review this list and get a sense of where you are with the fundamentals. The science and the technology, and, the ever-changing market and customers.

Innovation 70

Innovation Creative Thinking Culture Design Thinking 70

mjvinnovation

MARCH 29, 2021

During this journey upwards, it is almost always necessary to adapt the technological infrastructure and physical structure of the offices (depending on the type of business), which incurs added expenses. Process review and redesign. Technology offers an extraordinary ability to reduce manual hours in complex processes.

Technical Review 52

Technical Review Artificial Inteligence Software Review Resources 52

Innovation Excellence

JUNE 15, 2020

I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated business models. Remote work , lean budgets , and the need for contingency plans are three big trends impacting the industry. Scalable Business Models.

Change 55

Change Software Review Disruption Technical Review 55

Boxes and Arrows

MAY 5, 2015

Have you ever asked for an update on a project you’d invested a great deal of time and energy in, only to hear “they have completely redesigned it since then”? I will give two examples of this. On a recent project, I was the designer paired with a recently-hired UX director, who was a little bewildered still by the new gig.

Underperforming Technical Team 86

Underperforming Technical Team Project Technical Review Design 86

Integrative Innovation

AUGUST 1, 2014

O’Reilly and Michael Tushman review and condense the research done so far on the subject. In order to frame this discussion and in order to position the examples from the second part of this article, we will introduce a model of the innovation funnel. But we will use a model which reaches farther than most funnel models do.

Technical Review 67

Technical Review Radical Innovation Innovation Marketing 67

Innovation 360 Group

JULY 25, 2017

An interesting question for a very skilled and insightful person and somewhat reminding of the internet hype in the 90s when firms made fortunes via fund raising and spectacular non-working projects for the new economy. The technology matures but many of the promises that were made have been broken. Download the AI paper here.

Artificial Inteligence 63

Artificial Inteligence Innovation Management Management Technical Review 63

Tim Kastelle

MARCH 13, 2016

On top of this, from an incumbents’ point of view, there are legitimate reasons for rejecting a new technology. But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it. Digital Transformation.

Innovation Management 100

Innovation Management Management Underperforming Technical Team Big Data 100

David Marks

OCTOBER 27, 2017

I recently had a chat with a senior director of a respected technology company making highly specialized products. Should I design the assessments to be industry specific taking account of the peculiarities of each industry, it’s unique pressures, opportunities and technology? Clearly, technology is a key ingredient in innovation.

Industry 49

Industry Innovation Management Management Technical Review 49

ITONICS

MAY 14, 2018

The term comes from the English and is based on the Lean Startup Model by Eric Ries. Innovative companies usually adopt the “20 percent rule” , which allows employees to dedicate 20% of their work time to projects that have nothing to do with their job description. Top Model Principle. Listen and say yes! The place to be.

Company 57

Company Technical Review Software Review Innovation 57

David Marks

OCTOBER 27, 2017

I recently had a chat with a senior director of a respected technology company making highly specialized products. Should I design the assessments to be industry specific taking account of the peculiarities of each industry, it’s unique pressures, opportunities and technology? Clearly, technology is a key ingredient in innovation.

Industry 40

Industry Technical Review Innovation Culture 40

Boxes and Arrows

NOVEMBER 17, 2015

In-house designers often have to advocate for design priorities versus new features or technical change. 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. The roadmap doesn’t just benefit the project team or the designer. We also build relationships.

Underperforming Technical Team 94

Underperforming Technical Team Software Review Roadmap Design 94

David Marks

OCTOBER 27, 2017

src: [link] I recently had a chat with a senior director of a respected technology company making highly specialized products. Should I design the assessments to be industry specific taking account of the peculiarities of each industry, it’s unique pressures, opportunities and technology? Take Nokia and Blackberry as an example.

Industry 40

Industry Innovation Management Management Technical Review 40

Integrative Innovation

JANUARY 27, 2016

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

Qmarkets

JULY 25, 2024

Trend Monitoring and Technology Scouting: Keeping abreast of market trends, emerging technologies, and industry developments to identify new opportunities and threats. It encompasses identifying emerging trends and technologies that could impact the business. Successful innovation management goes beyond handling ideas.

Management 52

Management Software Review Strategy Strategy 52

CMOE

MAY 28, 2021

With the changing needs and demands of clinical care, technology, and spending, leadership in healthcare must stay agile to keep up with the shifting tides. Here are ways to encourage your healthcare leaders to practice empathy: Set the example. Encourage your team to lean into, rather than stray away from, change.

Leadership 52

Leadership Underperforming Technical Team Strategic Thinking Training 52

Leanstack

AUGUST 19, 2014

Even as a solo bootstrapper, you probably have (and if not, should have) some ballpark numbers to justify your return on effort per project. Your minimum success criteria is the smallest outcome that would deem the project a success for you X years from now. There is no right or wrong answer but you should have an answer.

How To 52

How To LEAN Software Review Exercises 52

Innov8rs

OCTOBER 3, 2022

You won't get results from your innovation programs, processes and projects if the fundamentals are lacking. Today, greater focus is given to the roles leaning towards “facilitation”: supporting methods for innovation; helping and coaching projects, rather than “owning” them; and developing capabilities in the wider organization.

Underperforming Technical Team 52

Underperforming Technical Team Software Review Technical Review Project 52

Moves the Needle

NOVEMBER 5, 2018

Digital technology, the accelerated pace of change, and the evolving relationship between businesses and their customers all have an effect on how organizations must operate in order to remain relevant in today’s shifting business landscape. At the heart of this transformation mindset is Lean Innovation.

System 77

System Underperforming Technical Team LEAN Training 77

Leapfrogging

FEBRUARY 28, 2022

Companies don’t fail at innovation due to lack of ideas. They partner with Silicon Valley startups who have breakthrough technology when they really just want incremental innovation that delivers quarterly results. In some cases, the individuals relocate and reside within a single physical location for the duration of the project.

Culture 130

Culture Strategy Strategy Technical Review 130

Idea to Value

NOVEMBER 27, 2019

For example, a project team with strong capabilities to deliver innovation can be prevented from succeeding by a management team with inappropriate governance processes. Facilities & Locations: Project teams are provided with space, spaces, equipment, and tools to run their required innovation experiments.

Company 285

Company Underperforming Technical Team Innovation Leadership 285