INDUSTRY INSIGHTS YOUR PEERS ARE READING
We all know intellectually that sometimes projects fail, but that doesn’t necessarily make it easier when it’s our project that fails. If you have ever had to scrap a project, you’re in good company. Here’s how to pull the plug gracefully when a project is failing. MORE
Before you can assess your organization’s innovation maturity, you have to ask and answer the question, “What does innovation mean to us?”. Unless your organization has deliberately built a culture of innovation throughout, answers to that question will vary – perhaps widely – among those you ask. What does innovation mean to your team members? How can your organization define what it means in the overall organization? MORE
If you have been working in your field for a while, you might be thinking about taking on a more significant project. Meaning that you will be managing something much bigger than you might be used to. It is a big responsibility, and it doesn’t always go to plan. How much money? MORE
Every Business Today Needs To Prepare For An AI-Driven World. Here’s How: [[ This is a content summary only. There remains a large gap between aspiration and reality Related posts: Why Most Marketers Will Fail In The Era Of Big Data. Visit my website for full links, other content, and more! ]]. All Posts Management Technology Artificial Intelligence MORE
How a company allocates its resources defines its strategy. But it’s tricky business to allocate resources in a way that makes the most of the existing products, services and business models yet accomplishes what’s needed to create the future. How will the customer benefit? MORE
Outsourcing innovation project management might be the most strategic money you spend this year. What I hear from top management: “we don’t have the time or resources for innovation projects, we’ll start later this year.” How do they aid and abet teams? MORE
That and GPS, drones, self-driving cars, computer mouse, voice recognition and a host of other innovations that started as military projects and then made their way to society. With a reputation as an innovator of the highest order, how does DARPA stay innovative? MORE
The Business Proposal is an essential document not only for Sales people but also for anyone who wants to submit a serious proposition for internal or external approval. So if possible meet the client face to face and ask many intelligent questions. MORE
The steps leading up to the launch had been intense, involving multiple stakeholders, scores of different user personas, and innumerable iteration cycles spread across a multitude of design teams. Attributing the fatigue to creative block, I planned to take a few days off to recharge. MORE
Every project manager takes on a new assignment expecting the best outcome. In a perfect world, careful planning would lead to high-quality projects that are submitted on time and on budget. No one likes to think about this situation, but everyone has to prepare for it. MORE
The Internet of Things combined with the ability to store massive amounts of data and powerful new analytical techniques like machine learning would help derive important new insights, automate processes and transform business models. We were told that “data is the new oil.” MORE
Typically there are three major components you'll need to include in your strategic plan - Objectives ( what you want to achieve), Projects ( how you'll achieve those things) and finally KPIs (how you'll measure your progress). MORE
We’ve received a bunch of responses to our recent posts about visual project management. Many of our readers have shared their stories about how moving to visual management has helped them get more projects completed and to better understand the results of their improvement efforts. MORE
It’s a challenge to prioritize and choose innovation projects. But with all that, you’ve still go to choose. The project will be long, expensive and difficult. And if the potential increase in sales is not big enough, the project is not worth starting. MORE
Almost everyone project manager that I meet wants to find out a way to do two things: Deliver their projects on-budget and on-time Be innovative in their approach while doing so. Yet, we know that most projects are neither on-budget nor on-time. The bigger and more critical the project, the more likely that it will over-run budgets and get delayed. So, why is it that most large projects fail? This needs to happen before the project is started. MORE
The premise is that with climate change we are running out of time and startups are too slow to scale. Larger enterprises have massive financial resources to explore new opportunities. Large organisations have the resources to hire a broader portfolio of talent. What to do. MORE
I had the opportunity to speak to a leadership team that is considering building an innovation capability in their business. After all, it's easier to explain away the lack of innovation if you can say that most teams lack good ideas. But a lack of good ideas is almost never the appropriate response to the question. But there are a number of factors I can describe which severely curtain innovation success when corporations decide to do more innovation. MORE
And yet, we still try to use the tried-and-true toolbox of certainty even after it’s abundantly clear those wrenches don’t fit. the only real answer is a description of the next thing you’ll try to learn. “We When doing creative work, there’s immense pressure to be done on time. MORE
For established like corporations, failure is something they try to engineer out of their processes, since failure of a project (even an innovation project) reflects badly on the company financially, as well as the people who suggested it and approved it. MORE
How to Do Mash-Ups for Innovation. To say the least Mash-Ups hold great promise in helping people and organizations find useful and sometimes breakthrough innovations. To digest this in bits, simply use the index to go to the section that interests you. MORE
Understanding areas where you need improvement is vital to helping you predict the challenges you may face as you help your organization move toward more regular innovation practices. Assessments also establish a baseline to which progress can be measured. MORE
We don’t need more ideas, we need a way to choose the best one or two ideas and run them to ground. If it’s not important enough to make a crude physical prototype and create a simple video, the idea isn’t worth a damn. Next, get the band back together to watch the Box 4 videos. MORE
The focus should not just be on products and services when running experiments to test new business ideas. Our focus should be on assessing if we are making progress from our initial idea to a profitable business. To help with this process, we developed The Innovation Project Scorecard. MORE
At the most basic level, business is about allocating resources to the best projects and executing those projects well. Said another way, business is about deciding what to work on and then working effectively. But how to go about deciding what to work on? MORE
The global spend on digital transformation is forecast to hit nearly 2 trillion dollars by 2022, according to IDC. And yet, research shows that up to 70% of transformation projects fail to produce desired results–a huge miss. Closing this gap is critical to global economic growth and stability. We invite all LPs to join us on May 2 at 8 a.m. What is transformation and how is it linked to digital transformation. MORE
To survive today’s business climate and its exponential rate of change, organizations can no longer practice the disastrous (and all-to-common) practice of placing big bets on a small number of ideas. Speed = how fast you can validate an idea. We hired Mary to run the business. MORE
The biggest challenges in corporate innovation and how to navigate them. There are loads of challenges and pitfalls when trying to explore new opportunities inside of an existing organization. No compelling vision or reason to innovate. Failure to secure sustained funding. MORE
If you’re trying to innovate within a successful company, I have one word for you: Don’t. If you want to live to fight another day, don’t do it. If an established business has been growing three percent year-on-year, expect them to grow three percent next year. MORE
It’s fun to try and give your guesstimate on how many golf balls could fit into a 747 or how many cigarettes are smoked a day in Montana. However, that is exactly what happens to an overwhelming number of leaders on a regular basis with their technology projects. MORE
If you’re wondering how to build careers with innovation, look to these three IdeaScale examples. Sno-Isle Libraries has a program where ideas are reviewed by a committee of peers who help to refine it and assign it to the right team members for implementation. MORE
It all starts with setting goals, then proceeds to finding the right people for the team. When it all clicks, a creative team can become a hub of innovation management, pushing creative ideas through from concept to implementation. Here’s how to do it. If your goal is generating a flowing pipeline of new ideas for your business, your approach will be a bit different than if your goal is to complete a particular project. MORE
Innovation is universally regarded as positive, but in a business context, “good” usually has to be backed up by hard data. Unsurprisingly, companies committed to innovation want to be able to measure its impact, but many companies are unsure how to do that. MORE
Well, actually you might read about the biggest tech startup failures and this article intends to prevent you from this fate. In this article, we’re going to highlight some common tech startup mistakes and how to avoid them. How many startups really fail, and why? Another interesting statistic is the fact that software publishers, which belong to the tech industry, are the second worst type of startup, based on net profit margin. MORE
Kainexus
JUNE 13, 2019
We’ve received a bunch of responses to our recent posts about visual project management. Many of our readers have shared their stories about how moving to visual management has helped them get more projects completed and to better understand the results of their improvement efforts.
Mike Shipulski
NOVEMBER 7, 2018
If you’re trying to innovate within a successful company, I have one word for you: Don’t. If you want to live to fight another day, don’t do it. If an established business has been growing three percent year-on-year, expect them to grow three percent next year.
IdeaScale
JULY 2, 2019
We all know intellectually that sometimes projects fail, but that doesn’t necessarily make it easier when it’s our project that fails. If you have ever had to scrap a project, you’re in good company. Here’s how to pull the plug gracefully when a project is failing.
Mike Shipulski
DECEMBER 5, 2018
It’s a challenge to prioritize and choose innovation projects. But with all that, you’ve still go to choose. The project will be long, expensive and difficult. And if the potential increase in sales is not big enough, the project is not worth starting.
Speaker: Cliff Gilley, The Clever PM
As a Product Manager, you probably have to deal with technical debt. Unexpected details pop up, as small as UX that needs clean-up, and as big as a previously unforeseen flaw in the infrastructure of a project. We have to accept that nobody gets away without some technical debt.
IdeaScale
JULY 31, 2019
Innovation is universally regarded as positive, but in a business context, “good” usually has to be backed up by hard data. Unsurprisingly, companies committed to innovation want to be able to measure its impact, but many companies are unsure how to do that.
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MSSBTI
SEPTEMBER 14, 2018
It’s fun to try and give your guesstimate on how many golf balls could fit into a 747 or how many cigarettes are smoked a day in Montana. However, that is exactly what happens to an overwhelming number of leaders on a regular basis with their technology projects.
Innovation 360 Group
MARCH 19, 2019
The global spend on digital transformation is forecast to hit nearly 2 trillion dollars by 2022, according to IDC. And yet, research shows that up to 70% of transformation projects fail to produce desired results–a huge miss. Closing this gap is critical to global economic growth and stability. We invite all LPs to join us on May 2 at 8 a.m. What is transformation and how is it linked to digital transformation.
Mike Shipulski
APRIL 25, 2018
We don’t need more ideas, we need a way to choose the best one or two ideas and run them to ground. If it’s not important enough to make a crude physical prototype and create a simple video, the idea isn’t worth a damn. Next, get the band back together to watch the Box 4 videos.
Idea to Value
JANUARY 20, 2019
For established like corporations, failure is something they try to engineer out of their processes, since failure of a project (even an innovation project) reflects badly on the company financially, as well as the people who suggested it and approved it.
Speaker: Tristan Kromer, Lean Agile Coach, Kromatic
Some teams struggle to constantly optimize conversion rates without understanding the financial impact of those conversion rates. You'll learn: How to turn basic dashboard metrics into a financial model. Learn how margin of error impacts financial projections.
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Mike Shipulski
MAY 25, 2016
How a company allocates its resources defines its strategy. But it’s tricky business to allocate resources in a way that makes the most of the existing products, services and business models yet accomplishes what’s needed to create the future. How will the customer benefit?
The Future Shapers
JUNE 4, 2019
The premise is that with climate change we are running out of time and startups are too slow to scale. Larger enterprises have massive financial resources to explore new opportunities. Large organisations have the resources to hire a broader portfolio of talent. What to do.
AureaWorks
NOVEMBER 7, 2017
Every project manager takes on a new assignment expecting the best outcome. In a perfect world, careful planning would lead to high-quality projects that are submitted on time and on budget. No one likes to think about this situation, but everyone has to prepare for it.
Gregg Fraley
JANUARY 19, 2015
How to Do Mash-Ups for Innovation. To say the least Mash-Ups hold great promise in helping people and organizations find useful and sometimes breakthrough innovations. To digest this in bits, simply use the index to go to the section that interests you.
Speaker: Johanna Rothman, Management Consultant, Rothman Consulting Group
Before agile approaches took the world by storm, we used Gantt charts and defects to measure project and program progress. We had trouble measuring product progress until just before release—often too late to change anything. How to assess the product as the team(s) build it.
IdeaScale
DECEMBER 18, 2018
If you’re wondering how to build careers with innovation, look to these three IdeaScale examples. Sno-Isle Libraries has a program where ideas are reviewed by a committee of peers who help to refine it and assign it to the right team members for implementation.
IdeaScale
FEBRUARY 19, 2019
It all starts with setting goals, then proceeds to finding the right people for the team. When it all clicks, a creative team can become a hub of innovation management, pushing creative ideas through from concept to implementation. Here’s how to do it. If your goal is generating a flowing pipeline of new ideas for your business, your approach will be a bit different than if your goal is to complete a particular project.
The Human Factor
JULY 30, 2019
If you have been working in your field for a while, you might be thinking about taking on a more significant project. Meaning that you will be managing something much bigger than you might be used to. It is a big responsibility, and it doesn’t always go to plan. How much money?
Game-Changer
JULY 21, 2016
That and GPS, drones, self-driving cars, computer mouse, voice recognition and a host of other innovations that started as military projects and then made their way to society. With a reputation as an innovator of the highest order, how does DARPA stay innovative?
Speaker: Miles Robinson, Agile and Management Consultant, Motivational Speaker
Just as you use data from the customer to inform your solutions, transparency during the building of those solutions is critical for making better risk mitigation decisions. Applying cascading risk thinking to make better strategic product trade-offs.
Digital Tonto
JULY 25, 2018
Every Business Today Needs To Prepare For An AI-Driven World. Here’s How: [[ This is a content summary only. There remains a large gap between aspiration and reality Related posts: Why Most Marketers Will Fail In The Era Of Big Data. Visit my website for full links, other content, and more! ]]. All Posts Management Technology Artificial Intelligence
Strategyzer
JUNE 10, 2019
The focus should not just be on products and services when running experiments to test new business ideas. Our focus should be on assessing if we are making progress from our initial idea to a profitable business. To help with this process, we developed The Innovation Project Scorecard.
Mike Shipulski
OCTOBER 25, 2017
And yet, we still try to use the tried-and-true toolbox of certainty even after it’s abundantly clear those wrenches don’t fit. the only real answer is a description of the next thing you’ll try to learn. “We When doing creative work, there’s immense pressure to be done on time.
Mike Shipulski
MAY 4, 2016
At the most basic level, business is about allocating resources to the best projects and executing those projects well. Said another way, business is about deciding what to work on and then working effectively. But how to go about deciding what to work on?
Game-Changer
MAY 2, 2019
Well, actually you might read about the biggest tech startup failures and this article intends to prevent you from this fate. In this article, we’re going to highlight some common tech startup mistakes and how to avoid them. How many startups really fail, and why? Another interesting statistic is the fact that software publishers, which belong to the tech industry, are the second worst type of startup, based on net profit margin.
IdeaScale
JANUARY 17, 2017
Understanding areas where you need improvement is vital to helping you predict the challenges you may face as you help your organization move toward more regular innovation practices. Assessments also establish a baseline to which progress can be measured.
RTI Innovation Advisors
AUGUST 31, 2015
I had the opportunity to speak to a leadership team that is considering building an innovation capability in their business. After all, it's easier to explain away the lack of innovation if you can say that most teams lack good ideas. But a lack of good ideas is almost never the appropriate response to the question. But there are a number of factors I can describe which severely curtain innovation success when corporations decide to do more innovation.
Econic
APRIL 10, 2018
The biggest challenges in corporate innovation and how to navigate them. There are loads of challenges and pitfalls when trying to explore new opportunities inside of an existing organization. No compelling vision or reason to innovate. Failure to secure sustained funding.
Cascade Strategy
JULY 24, 2019
Typically there are three major components you'll need to include in your strategic plan - Objectives ( what you want to achieve), Projects ( how you'll achieve those things) and finally KPIs (how you'll measure your progress).
Gregg Fraley
JANUARY 23, 2015
Outsourcing innovation project management might be the most strategic money you spend this year. What I hear from top management: “we don’t have the time or resources for innovation projects, we’ll start later this year.” How do they aid and abet teams?
Rmukesh Gupta
DECEMBER 4, 2018
Almost everyone project manager that I meet wants to find out a way to do two things: Deliver their projects on-budget and on-time Be innovative in their approach while doing so. Yet, we know that most projects are neither on-budget nor on-time. The bigger and more critical the project, the more likely that it will over-run budgets and get delayed. So, why is it that most large projects fail? This needs to happen before the project is started.
Destination Innovation
AUGUST 13, 2015
The Business Proposal is an essential document not only for Sales people but also for anyone who wants to submit a serious proposition for internal or external approval. So if possible meet the client face to face and ask many intelligent questions.
Innovation Excellence
JANUARY 7, 2019
The Internet of Things combined with the ability to store massive amounts of data and powerful new analytical techniques like machine learning would help derive important new insights, automate processes and transform business models. We were told that “data is the new oil.”
Boxes and Arrows
JANUARY 17, 2017
The steps leading up to the launch had been intense, involving multiple stakeholders, scores of different user personas, and innumerable iteration cycles spread across a multitude of design teams. Attributing the fatigue to creative block, I planned to take a few days off to recharge.
IdeaScale
APRIL 24, 2019
Before you can assess your organization’s innovation maturity, you have to ask and answer the question, “What does innovation mean to us?”. Unless your organization has deliberately built a culture of innovation throughout, answers to that question will vary – perhaps widely – among those you ask. What does innovation mean to your team members? How can your organization define what it means in the overall organization?
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