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How to Kill Innovation Projects

Destination Innovation

Starting exploration projects. Killing the weaker projects. They are all important but I believe that the most vital is #8 – the ability to kill off the weaker projects. If you start 20 projects it is likely that you are going to have to eliminate at least 17 or 18 of them.

Project 219
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Overcoming project challenges with resource management

Sopheon

Manage projectsYou could argue that the best innovation combines equal parts creativity and structure. The creatives reading this might argue that deadlines and structured decision-making bind creativity, but successful organizations understand the importance of both.

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“As long as my failing project keeps going, I won’t be a failure”

Idea to Value

It was about her new book “ Quit: The Power of Knowing When to Walk Away “ , and there was one topic they spoke about which really stuck with me when thinking about innovation projects. The reason is that as long as the project is still going, it has not officially failed yet.

Project 225
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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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Living With Technical Debt: Balancing Quality and Perfection

Speaker: Cliff Gilley, The Clever PM

As a Product Manager, you probably have to deal with technical debt. Regularly. Whether you like it or not - because it can’t be avoided. 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. And of course, the longer you take to deal with your technical debt, the more difficult it becomes to address fully. Feeling frustrated? Fortunately, we can take a step back, gain clarity, and see how the decisions we make impact our technical debt. Then, we can make decisions about how we want to balance technical debt with other priorities. Are we willing to live with some level of technical debt in order to ship product and meet deadlines? Can we mitigate technical debt to get to an MVP faster?

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

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. How do you prioritise the potential innovation projects? This is called their project portfolio.

LEAN 226
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The Trifecta of Innovative Project Portfolio Management

Business Innovation Brief Submitted Articles

When it comes to the trifecta of innovative Project Portfolio Management (PPM), PPM, Continuous Innovation and Agile come together to create a complete framework for innovation success. Project Portfolio Management – The Burger.

Project 229
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Why Your Company Needs An Innovation Project Leader

BMNT

why-your-company-needs-an-innovation-project-leader

Project 145
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Continuous Improvement Project Management Fundamentals 

Kainexus

Organizations that wish to achieve operational excellence through continuous improvement execute many discrete projects to achieve this aim. Three factors have a substantial impact on the outcome of ongoing improvement projects.

Project 74
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Visualizing Project Planning Success for 2016

Braden Kelley

The first three of ten free downloads from the Change Planning Toolkit™ were focused on innovation and change: Five Keys to Successful Change Architecting the Organization for Change Building a Global Sensing Network The goal of these three frameworks was … Continue reading → Change Leadership Management agile project management Collaborative Project Charter Canvas project charter project management project planning

Project 124
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What is Lean Project Management? Principles & Benefits

Kainexus

Lean project management is the application of Lean manufacturing principles to the discipline of project management. Modern organizations have adapted Lean project management for today's business challenges and technology landscape.

LEAN 85
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Never Miss an Opportunity: How ISO 56000 Enables an Innovative Organization

Speaker: Peter Merrill, President, Quest Management Inc.

One of the challenges for innovators is how to integrate innovation with Quality Management (QMS) and balance the culture of creativity with execution. Join Peter Merrill as he walks us through the newly published ISO 56000 series on Innovation Management, specifically the Guidance Standard ISO 56002 that discusses how to establish an Innovation Management System (IMS). He will take you through the elements of innovation management from strategy development, through risk assessment to solution delivery.

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How to Select Your Best Value Innovation Project – The Secret is in a Well-Managed Product Project Portfolio!

InnovationManagement

How you select your best innovation project is undoubtedly a starting point! The post How to Select Your Best Value Innovation Project – The Secret is in a Well-Managed Product Project Portfolio!

Project 73
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5 Factors Determining Success or Failure in the Shift From Project to Product

Planview

Five years ago, Planview CTA Mik Kersten outlined the “turning point” in his bestselling book, Project to Product: How to Thrive and Survive in the Age of Software with the Flow Framework. Why are enterprises stalling in the shift from project to product?

Project 52
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How to Improve Return on Investment With a New Project Management Approach

InnovationManagement

Too often, leaders label projects as successes or failures based on budget and schedule expectations. Although time and cost are critical factors, they ignore whether the project delivered the expected benefits.

Project 101
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Spark Efficient Project Management With These 3 Steps

Entrepreneur - Innovation

Here's how you can give your project management efforts the jolt of energy they need. Project Management

Project 110
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Strategic Project Management is Key to Executing Strategy

Cascade Strategy

What is Strategic Project Management? Strategic Project Management (SPM) defines how a project may benefit a company's efficiency and strategic plan as a whole. It is the process of thinking about your Projects in light of their connection to your strategic plan.

Project 98
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Turning Metrics into Dollars: How to Turn Your Analytics Data into a Real Financial Model for your Startup

Speaker: Tristan Kromer, Lean Agile Coach, Kromatic

Some teams struggle to constantly optimize conversion rates without understanding the financial impact of those conversion rates. Sometimes that 0.1% increase isn't worth the engineering time we're spending! Early stage startups in particular may not need a four year business plan, but they need to start building out a model which will show how they can someday be profitable. At the very least, they need to be able to see the impact of a change in retention rates to their user growth.

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Four Ways to Run Projects

Innovation Excellence

There are four ways to run projects. Leadership Management Project managementOne – 80% Right, 100% Done, 100% On Time, 100% On Budget Fix time Fix resources Flex scope and certainty Set a tight timeline and use the people and budget you have. You’ll be done on time, but you must accept a reduced scope (fewer bells and whistles).

Project 77
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Best Project Management and Tracking Tools

IdeaScale

With project management tools, you’ll have a software to start tracking your favorite ideas and prioritize the ones you love. When your company is working on multiple projects at the same time, it’s difficult to focus on the details. Project management tools will help you keep track of the progress, schedules, goals and deadlines of your new ideas. Many of these softwares can also calculate the time and money spent on each project. Microsoft Project.

Tools 154
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Visibility Planning & Project Prioritization

Moves the Needle

Unlike Horizon Planning where projects are prioritized based on “level of innovation” and “time to ROI”, Visibility Planning is based on evidence. How to use Project Prioritization. One project per sticky note. If they can’t, the project is killed.

Project 52
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What is the Cost of a Failed Change Initiative or Innovation Project?

Braden Kelley

And when you consider that companies are spending an increasing amount of their budget on technology and working to … Continue reading → Change Innovation Leadership Management change initiatives Change Planning Toolkit change tools digital transformation project failures project management risk risk management risk mitigationIt seems like a simple question. One that you would expect to lead to some risk mitigation behavior, but it doesn’t.

Project 142
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Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

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Managing Risk in an Innovation Project

Inspiring Next

One of the reasons projects fail miserably is because, we choose to ignore warning signs in early-stage gates and keep pushing it through until it is too late and too big to handle. The post Managing Risk in an Innovation Project appeared first on.

Project 68
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Project Management Communication Plan

Planview

A robust and realistic project management communication plan is essential for project success. This informative and easy-to-read article looks at basic concepts of a project management communication plan, and provides examples, strategies and best practices. Project update.

Project 52
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How Communication helps your Crowdsourcing Project

Flying Fish Lab

If you’ve never run a crowdsourcing project before, it can seem a bit daunting. Read these concerns and reality should be kicking in that running a crowdsourcing project is more than just posting it online and getting strangers to input their ideas.

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How Communication helps your Crowdsourcing Project

Flying Fish Lab

If you’ve never run a crowdsourcing project before, it can seem a bit daunting. Read these concerns and reality should be kicking in that running a crowdsourcing project is more than just posting it online and getting strangers to input their ideas.

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Bridging the Gap: Implementing CIO Leadership in Project Management

Speaker: Clint Padgett, President & CEO, Project Success Inc.

You may have a visionary CIO and very capable project managers. You may have the best tech, the latest software, and stellar talent. But if you can’t establish a dynamic, collaborative team with a clear mission, then your project will slip through the cracks. It’s time for CIOs to unlock their "people potential" and learn the leadership skills that will lead to satisfied project managers and more than satisfactory project results. Join Clint Padgett, CEO and President of Project Success Inc., and bridge the gap between CIOs and Project Managers to create a passionate and successful team.

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Juggling Multiple Project Execution Methodologies? This is for you.

Planview

As a project management leader, you’ve likely encountered the challenges of using multiple project execution methodologies (such as: waterfall projects, as well as collaborative and Lean-Agile work delivery). Demo here Project Portfolio Management

Project 59
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Project Management Techniques – 21 Articles to Better Manage Projects

BrainZooming

The Brainzooming blog wasn’t originally focused on project management techniques. Implementing innovation in organizations reluctant to embrace the changes needed to survive and grow requires what we’ve come to call “strategic project management.” ” These skills go well beyond a project manager checking off items on a to-do list. Project Management Techniques for Starting Strongly. Project Team Interactions.

Project 91
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The Intersection of Enterprise Innovation Management and Project Portfolio Management

Sopheon

Enterprise Innovation Management & Project Portfolio Management are often seen as two separate activities. The post The Intersection of Enterprise Innovation Management and Project Portfolio Management appeared first on Sopheon.

Project 98
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Project Resource Management: The Key to Delivering Successful Innovation Ideas

Sopheon

The post Project Resource Management: The Key to Delivering Successful Innovation Ideas appeared first on Sopheon. An innovative idea may never become a great new product if decision-makers aren’t working with accurate data to manage resources effectively.

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11 Ways to Make a Short Remote Design Thinking Project a Success

You can achieve a huge amount in a short period with a virtual design thinking project. While some teams want to come together for several weeks or months to tackle a challenge, others want to run short, sharp projects to find a quick solution. And with the right preparation, attitude, and structure in place, that's totally possible.To help make sure your short innovation projects are a success, download this free guide from the team at Sprintbase, a virtual design thinking platform, to learn their top tips.

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How to succeed as a marketing project manager

Cascade Strategy

Marketing project managers are an uncanny mix between artists and scientists

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Project Management: A Comprehensive Overview

Cascade Strategy

Consistently successful project managers are exceptional communicators. Environmental Scanning

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How Continuous Improvement Software Keeps CI Projects Organized

Kainexus

Organizations striving to reach operational excellence through continuous improvement engage in many individual projects to achieve this goal. Specialized continuous improvement project management software helps organizations dedicated to CI get the most out of each project.

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yet2’s Diverse Project Work Uncovers Cross-Industry Innovation Opportunities

Yet2

Project diversity exposes us to creative and unexpected possibilities allowing us to stay on innovation’s cutting edge. Take a look at this thematic breakdown of our project history since 2014! For over twenty years, yet2 has created opportunities in diverse fields.

Project 52
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How Agile Approaches Change Project, Program, and Product Measures

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. Join Johanna as she discusses how agile approaches change what we measure, and possible measures you might use in projects, programs, and to assess the product as the team(s) build it.

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What the U.S. Treasury is Learning from Its Blockchain Projects

IdeaScale

As they begin working to implement their first blockchain project, a better tracking method for federal grants, here’s what they’ve learned. Treasury is Learning from Its Blockchain Projects appeared first on IdeaScale.

Project 130
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Ways to Prioritize Innovation Projects That Support Strategic Objectives

ITONICS

Moreover, we present different ways to prioritize innovation projects based on the Gartner® 6 Practices for Effective Portfolio Management. How can organizations prioritize innovation initiatives that align with the company’s overall strategic goals and objectives?

Project 57
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Four Questions to Choose Innovation Projects

Innovation Excellence

It’s a challenge to prioritize and choose innovation projects. There are open questions on the technology, the product/service, the customer, the price and sales volume. Other than that, things are pretty well defined. But with all that, you’ve still go to choose.

Project 108
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Beyond Time and Money, Other Critical Project Resources

Kainexus

People start, work on, and complete projects in organizations all of the time. Some projects are carefully planned and managed, while others happen more haphazardly out of urgency or necessity.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.