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

InnovationManagement

The world of innovation has a very broad definition: It’s often referred to as an information technology innovation. How you select your best innovation project is undoubtedly a starting point! Innovation is on everyone's lips as a solution to post-COVID economic recovery.

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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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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Planning a Taxonomy Project

Boxes and Arrows

Planning a taxonomy covers the same questions as planning any UX project. This article will go through the questions you should consider when planning a kitchen, er, um…, a taxonomy project. Resources: What are the project resources and constraints? How were users referring to things? Understanding the scope of the taxonomy you’re building can help prevent scope creep in a taxonomy project.

Project 87
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#2,063 – CES 2021: Project Hazel

Greatest. Idea. Ever.

Now comes Project Hazel from video game accessory maker Razer which will help project your voice so that people can more easily hear you when you have a mask on, often people’s #1 complaint about wearing masks. Is Project Hazel the Greatest Idea Ever?

Project 41
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Global Project Portfolio Management Software Report 2017-2021

Bubblegroup

Global project portfolio management software market report 2017-2021. Following the publication of the report: Global Project Portfolio Management Software Market 2017-2021, Bubble are pleased to announce that they have joined Technavio’s list of Prominent PPM Software Vendors. Global project portfolio management software market report 2017-2021 . It’s a further validation of our powerful, yet easy-to-use and deploy Enterprise Project Portfolio Management software”.

Project 45
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The Best Project Management Tools for Digital Nomads

Collectivecamp

It refers to anyone who can travel the world, have a good time, and stay in touch with family and friends—all at the same time while being productive and making a good living. What’s in the name ‘Digital nomad?’

Tools 52
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How making Pros & Cons lists damage your innovation projects without you realising

Idea to Value

I just got back from a lunch with a dear friend of mine, who was describing a potential project which was being discussed at his new accounting company. It is what keeps us from wandering into dark caves, but it also a reason why it’s so hard to convince your boss to support a new idea or innovative project. Another example comes from how people treat the effects of successful creative projects compared to what those projects look like at the beginning. “We

Project 103
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How to Setup Your IoT Project for Success

Taivara

Planning for metrics and reports may feel like the last thing you want to worry about when there are so many more important things to do during the launching of a new IoT project. My “measure of success” wasn’t management’s measure of success, and I found myself pushing for a project that had zero reason for survival. We’re going to tell a good story about why our results make sense and the IoT project is a success. For your IoT project, define the primary goal.

Data 28
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How to Identify Your YEAR OF LIVING CREATIVELY Project

Idea Champions

The Year of Living Creatively is a project-driven course. We're talking "skin in the game," "stake in the ground," and "chips on the table" -- a project you are committed to -- or, at the very least, a project you want to be committed to.

Course 26
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Crossing the Innovation Delaware

Gregg Fraley

Hope is inspired by successful projects; the lesson of Washington at Trenton. When people talk about mindset, they are usually referring to these items in the Innovation Mindset List : positivism. Hope is inspired, by leaders who mandate, foster, and support Projects. I’ve said this many times before, but I’ll say it again: Projects are the vehicle to change innovation culture. Project wins create Hope — and Momentum.

Project 77
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What are the Barriers to Rapid Digital Transformation?

Planview

Product teams must collaborate with the project management office (PMO), enterprise architects, developers, and others to plan, execute, and deliver value to the market quickly. Project Portfolio Management

Survey 64
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Nine Questions CEO’s Should Ask About Innovation

Gregg Fraley

I replied “you need to be thinking about project cycles and measures.” I added my punchline, “because if you’re not doing projects you’re not doing innovation.” After a bit of gab about projects, Design Thinking, and other industry buzzwords, I promised to get back to him with a more thoughtful answer — and then I changed the topic! My “projects” reply is a cocktail party answer. If you’re not doing projects, start.

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Eating your own dog food

Idea to Value

This is often referred to as “eating your own dog food” The origin of the term is disputed. In normal business, eating your own dog food refers to using your own products, such as by testing them internally or using them as part of your normal business operations.

Software 237
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Using a “budget pool” to reduce the cost of innovation

Idea to Value

This way, more projects can be tested at lower costs, with only the ones with validated potential getting further funding to continue. But how do you actually reduce the costs of the projects in the first place? You set up a budget pool for various project stages instead.

Project 161
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Anchoring: The bias which affects our ability to estimate & negotiate

Idea to Value

It refers to our tendency to rely too heavily on the first piece of information we receive when making a decision, even if that information is irrelevant or of little value. It is also a reason why so many estimates for innovation projects (and in fact plans for all projects ) can be so wrong.

Study 237
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Empower Operational Employees to Innovate

Gregg Fraley

Idea campaigns can work, but only if it’s done with a focused question, and, that focus is connected to a mandated project. Creative Problem Solving, aka “CPS” refers to the Osborn-Parnes model of Creative Problem Solving. The Benefits of Innovation Training for Operational Employees. 85% of CEOs put Innovation as a Top Three priority. Consider a Brown Bag Innovation Training or Immersion in Innovation Concepts.

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Innovation Passion led me here

Paul Hobcraft

There is no one “magic” reference point, simply one book to refer to, or certainly one visual that solves our needs. One that projects out in new, exciting, and different ways. A journey that generates projects out of new, exciting, and different ways of discovery.

Agile 241
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Potemkin villages and faking innovation

Idea to Value

As a result, a Potemkin village refers to something which is just a facade, to make something look more successful than it is in reality. So be careful of being too deceptive in how well your own innovation projects are doing.

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More on Learning Through Blogging: What Readers Think

Boxes and Arrows

My post a few days ago arguing that the real value of blogging lies not just in reading blogs, but in commenting on blog posts and writing your own, generated a lot of comments and some great references to what others are thinking. Most people seemed to agree with my premise that while reading blog posts can be helpful to learning, commenting and being a blogger yourself adds even more value.

Project 40
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Six Sigma FAQ: Which Tools are Commonly Used for DMAIC?

Kainexus

Efforts to improve are considered Six Sigma projects and are often made using a systematic model known as DMAIC. Satisfied customers become loyal customers who engage in repeat business and refer others. The Six Sigma business methodology aims to eliminate waste and defects.

Tools 88
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What Is Business Intelligence?

Collective Innovation

These are commonly referred to as NCC (not current customers) but they could be. Analytics Innovation Management Marketing New Product Development Project Management Research business analyst competition research customer data decision making Disruptive Innovation innovation journey map Know Your Customer market research marketing net promoter score new product development new products process research software development surveys

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We are falling badly behind on our invention in technology for the Energy Transition

Paul Hobcraft

So let me get back to what this post is about, providing critical reference points on technologies we need to improve and innovate. Let me briefly reference different sections of the IEA website.

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Firefighters prevent innovation

Idea to Value

They are colloquially referred to as “firefighters”, because they are constantly putting out fires around the business. In many companies, there are employees known for their ability to fix problems.

Project 153
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The Innovation Valley of Death

Idea to Value

At this stage, no party is investing the minimum level for development to continue, and projects often have to stop due to lack of funding. Now, this does not mean it is impossible for projects to get through this valley.

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TalkTalk.io

Board of Innovation

A venture in the making An update on the start-up project one of our colleagues started in 2019.

Project 57
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The 4-Minute Creative Thinking Test

Carla Johnson

Convergent refers to your ability to bring things together into a narrow focus or well-defined answer to a problem. This is great when you’re working on logical projects where there is one best answer. May 17, 2022 More than 60 years ago, Psychologist J.

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Digital transformation: Pandora's box or cornucopia?

Jeffrey Phillips

Some people refer to digital transformation as digitalization - improving systems and processes to the point where the business runs on fully integrated digital data and systems. Other people refer to the goal of being "data driven" - that is, letting data drive processes and decisions. Some people refer to digital transformation as the advent of artificial intelligence and machine learning as a core component of business operations. Digital transformation.

Data 162
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Status Quo bias: Why people are resistant to change

Idea to Value

In innovation projects, we often hear about companies resisting a change to the status quo. As a result, many innovation projects fail at the final hurdle, when they are asked to actually implement the change they were designed for.

Change 226
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Warren Buffet’s powerful “Two List” productivity tip for creative people

Idea to Value

Some people call it “Shiny Object Syndrome” Others may refer to the old saying “The grass is always greener on the other side” And as I outlined in my previous article about why some entrepreneurs and creative people achieve nothing for weeks , it is much easier to keep switching to start the next easy task than to work through the frustrating stage of experimenting and refining an idea.

Tips 196
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Why corporate innovation is harder than a startup

Jeffrey Phillips

Since I've had the opportunity to work for funded startups and for larger corporations, I've seen the differences, and, while I'd like to say it's getting better all the time (Modern English reference there), it's actually getting worse, for both parties.

Project 271
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What to innovate now

Jeffrey Phillips

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model.

Agile 256
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Big Data in Open Innovation

Yet2

For example, we’ve curated datasets around promising CMOs in China, which became a critical scouting source for several recent projects for consumer healthcare clients. These scripts are custom-built by yet2 ’s team for each project, dataset, and topic area.

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10 Popular Innovation Exercises to Try

InnovationTraining.org

Each of these refers to a specific technique that combines to create a really effective innovation exercise. It involves creating a diagram that shows the relationships between different ideas and can be used to generate new ideas or to plan projects.

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Three Steps to Applying the A3 Problem-Solving Methodology

Kainexus

A3" references a European paper size that is about the same size as an American 11-inch by 17-inch tabloid-sized paper. Using the A3 process, teams create a one-page improvement project report.

Report 56
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Accelerating Clean Energy Innovation

Paul Hobcraft

” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

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The Innovation 'Function'

Imaginatik

At Imaginatik, we refer to these different values as “currencies” when we are modeling the “value” of a project or a portfolio of innovation projects. Creating meaningful insight into currencies related to project evaluation is essential to prioritization and resource allocation. Too often, projects live and die based on internal competition or a managers’ charisma, title or other less relevant criteria.

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How the Stage Gate Process Can Help You Transform Your Business

Leapfrogging

The Stage Gate Process refers to a technique for driving innovation management. As part of the process, a new innovation project or initiative is divided into specific steps, each separated by key decision points along the way. At the end of each step along the process a “Stage Gate” is used to allow for members of the team to evaluate the idea based on specific criteria appropriate to the project at that stage.

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How to defeat “Loss Aversion” – the #1 reason why middle managers kill innovation

Idea to Value

In this article, you are going to learn exactly what Loss Aversion is, why is creates crippling fear in middle managers and decision-makers, and a simple model for how you can reframe your company’s thinking which encourages more innovation projects to thrive. In psychology and economics, loss aversion refers to people’s tendency to prefer avoiding losses to acquiring equivalent gains. Modeling loss aversion for innovation projects.

Project 108
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We are falling badly behind on our invention in technology for the Energy Transition

Paul Hobcraft

So let me get back to what this post is about, providing critical reference points on technologies we need to improve and innovate. Let me briefly reference different sections of the IEA website.

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Can One Make a Living in Creative Photography?

Idea to Value

This usually refers to a more artistically oriented form of photography that often uses additional elements of editing to enhance and alter the intention of the image in some way. At the beginning of your journey, this will mostly be comprised of personal projects.

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How Online Whiteboards Create Lasting Innovation

IdeaScale

Because you have a physical point of contact that anybody can refer back to, you can rest easy knowing that your innovative spark will keep burning in your saved online board. Innovation is critical to establishing new solutions and is something that every business handles.

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The art of “Back Casting” needs care

Paul Hobcraft

More importantly, it projects the problems of today into the future. Backcasting is a planning method that starts with defining a desirable future and then works backwards to identify policies and programs that will connect that specified future to the present.

Roadmap 265