Remove Industry Remove Innovation Management Remove Underperforming Technical Team
article thumbnail

Developing and Implementing an Effective Innovation Strategy

Qmarkets

Rather than reacting to change, a proactive strategy empowers companies to set the pace, ensuring they don’t just survive but lead the way in their industry. Key to setting the pace is a well-defined innovation strategy. But what exactly is an innovation strategy, and how can it be developed and implemented effectively?

article thumbnail

Five Must-Have Features for Innovation Management in 2024

PlanBox Innovation

As we embark on the “ corporate innovation odyssey ” that is 2024 (as Planbox CEO Ludwig Melik calls it), equipping ourselves with the right features in our innovation toolkit cannot be overstated. In this dynamic environment, creating an innovation approach that is as effective as it is exciting should be the focus of every innovator.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Technical Debt in the Automotive Industry

Planview

Amidst the relentless waves of innovation and competition, OEMs, suppliers, and manufacturers in the automotive industry navigate a sea of challenges and opportunities. The imperative for proactive tech debt management emerges as a linchpin for financial prudence, operational efficiency, market agility, and brand resilience.

article thumbnail

Top Strategies to Prioritize Features for Innovation Teams

IdeaScale

Innovation management is a tough job. Innovation team members have to deal with the needs of users, finances, and marketing all at once. And now they have to figure out which features should be prioritized for their innovation roadmap, too? Additional Tips to Help Your Team Prioritize Innovation Roadmap Features.

article thumbnail

How to Move from Process Improvement to Innovation

IdeaScale

Process innovation is a little riskier than process improvement, and that may discourage some organizations from tackling it. However, the rewards of process innovation can be tremendous, catapulting your organization to the forefront of its industry, inspiring others to innovate, and boosting productivity and profits.

How To 190
article thumbnail

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. Co-Innovation and startup engagement.

article thumbnail

The Importance of Listening When Developing a Product Roadmap

Anaqua

When it comes to product strategy and development at Anaqua, the key word is LISTEN. From this, we were able to develop a series of significant enhancements being introduced over the course of the year to the platform. 2 - Attorney workspace - portfolio management. 3 - Integration including budget management.

Roadmap 40