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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

And according to a new report by Innovation Leader and KPMG USA called “ Benchmarking Innovation Impact, from InnoLead.” ” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams. Nonetheless, this is not all bad news.

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Top 5 Questions About the Project to Product Shift

Planview

To pick up speed, several well-known companies—including Spotify, ING Bank, and Walmart—have implemented a product operating model over strictly working in a project-based model. Benchmarking the Shift Last year, we published a report that detailed how people, teams, and companies navigate the adoption of product operating models.

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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

Have you ever worked for a manager or boss who did not want to hear bad news? This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. Volkswagen.

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What the latest BCG report tells us about what leaders need to do to build innovation capability

Cris Beswick

Yet only 30% reported plans to refresh their innovation strategy, with most focusing instead on efficiency and increasing project throughput. Leaders must develop a sharp business strategy with superior strategic foresight to close the gap. Those embracing none underperformed by 5 points.

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.". But by then, it may be too late.

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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

Exploration on the other hand requires a mentality where not everything is known, new ideas need to be developed, tried, iterated and improved, and not everything that is attempted will work out as it was planned. Option 2: Innovation teams within each company brand / product unit. Positives: Simple.

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How to Motivate Your Team as a Project Manager

CMOE

Managing multiple projects, budgets, and tasks is essential for a manager to be effective, but these responsibilities shouldn’t overshadow the importance of team morale and engagement. If you’re having trouble creating a team culture of productivity and engagement, CMOE has you covered. Why Is Team Motivation Important?