Anything relating to basic project management, including the triangle of constraints (scope, budget, time)
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.
Avoid these four communications landmines as you navigate the stages of innovation.
In an increasingly competitive, connected and globalized world, co-innovation and value co-creation have recently become the norm for all R&D projects from startups to large organizations. In fact, co-innovation is critical to the development and sustainability of organizations of all sizes and and all industries.
Orchestrator, dominator, complementor, and protector: these are four ecosystem strategies toward digitalization. In this case study, we look at an equipment supplier wanting to participate in digitalization initiatives of its industrial customers, so it must configure an ecosystem strategy to align with multiple partners.
Too many projects in the development pipeline is a common but serious complaint in new-product development departments. Pipeline gridlock leads to under-resourced development projects, which end up taking too long to get to market, and then often under-perform. Solutions are offered—Gates with Teeth, Red Flags, and the Productivity Index—to achieve a more balanced development pipeline with fewer projects but better projects.
As two intermediaries from Hamburg that foster open and cross innovation processes, Science Scout (an initiative of Hamburg Innovation) and Cross Innovation Hub (Hamburg Kreativ Gesellschaft) joined forces to start a discussion around the stimulation and measurement of open and cross innovation processes.
Every year, IdeaScale analyzes our system and customer data and releases a report on crowdsourced innovation trends and benchmarks. You can find this year’s report here, but one of the questions that we pay a lot of attention to is why people are looking to purchase an innovation management platform in the first place.
The Six Week Innovation Challenge is becoming the method of choice in corporates. And it's not only innovators who love the sprint - leaders embrace it just as much.
Open innovation often requires global teams with national culture differences to work together, which presents some challenges. Here’s how to navigate them.
Innovation is on everyone's lips as a solution to post-COVID economic recovery. The world of innovation has a very broad definition: It’s often referred to as an information technology innovation... but our worldwide economy is still very reliant on manufacturing. How you select your best innovation project is undoubtedly a starting point!
Agile is employed within Stage-Gate for new-product development by manufacturers with positive performance results; but must be adjusted from the software version of Agile – the result: the emergent Agile-Stage-Gate hybrid model.
Until recently, remote work was somewhat of a rarity, and, at very least, something most people were unfamiliar with. One of the few COVID-19 silver linings, however, was that many companies were forced to have their employees work remotely due to stay-at-home orders. This meant more time with families, less time in transit, and, for a lot, a surprising sense of comfort at "the workplace."
To maintain relevance in the global competitive market, many companies already focus on the development and implementation of innovations, even using digital tools. But, in times of crisis, this focus is most likely to be lost when most businesses concentrate on keeping the daily business running.
For the manufacturer undertaking new-product development, Digital Transformation means smart new products with embedded software. Digital products in turn require software and hardware development teams to work together – a hybrid project – which ultimately leads to combining software development methods with the more traditional gating process that manufacturers use.
There are a lot of terms that you have to learn when you enter the world of business, ranging from abbreviations like "CEO" to specialized terms like "digital disruption." The term "operating model" can have one specific definition and still mean different things to different people.
