Project Management Archives - Page 4 of 8

Governing Innovation in Practice – The Role of the Board of Directors

Is innovation part of the governance mission of boards of directors? At first sight, the answer seems to be “no”. In this new series of two articles professor Jean-Phillipe Deschamps delves deeper into the specific role of the board of directors and that of top management in exercising their innovation governance responsibilities.

Ideascale2021-12-05T16:54:03-08:00May 21st, 2013|Categories: Organization & Culture|Tags: Best Practices, board of directors, c-suite, CEO, company-wide innovation, decision making, goal setting, in-depth article, innovation champion, Innovation Culture, innovation governance, Innovation Leadership, Innovation Management, Innovation Strategy, top management|

Innovation Governance – How Well Does it Work?

This series of articles has explored the definition and scope of innovation governance as well as the different organizational models that companies typically choose to allocate responsibility for innovation. This last article will discuss questions linked to the perceived general effectiveness or inadequacy of innovation governance endeavors, and it will characterize the managers’ level of satisfaction or dissatisfaction with the various organizational models that their companies have adopted.

Ideascale2021-12-05T16:51:43-08:00May 16th, 2013|Categories: Leadership, Organization & Culture|Tags: Best Practices, company-wide innovation, decision making, goal setting, in-depth article, innovation champion, innovation champions, Innovation Culture, innovation governance, Innovation Leadership, Innovation Management, Innovation Strategy, Teamwork|

9 Different Models in use for Innovation Governance

Research from Jean-Philippe Deschamps, Professor of Technology and Innovation Management at IMD, indicates that there are at least nine possible models of innovation governance, some of which are more widely used than others. This second article in a series of three on the topic of Innovation Governance will review the various governance approaches or “models” that companies have put in place.

Ideascale2022-12-13T12:12:16-08:00May 8th, 2013|Categories: Leadership, Organization & Culture|Tags: Best Practices, Business Model Innovation, company-wide innovation, decision making, goal setting, in-depth article, innovation champion, innovation champions, Innovation Culture, innovation governance, Innovation Leadership, Innovation Management, Innovation Strategy, Teamwork|

What is Innovation Governance? – Definition and Scope

Innovation governance can be thought of as a system of mechanisms to align goals, allocate resources and assign decision-making authority for innovation, across the company and with external parties. In this series of articles, professor Jean-Philippe Deschamps delves deeper into this topic; what is innovation governance, what different models are there and which ones seem to be the most effective?

Ideascale2021-12-20T18:18:49-08:00May 3rd, 2013|Categories: Organization & Culture|Tags: Best Practices, budget, Communication, company-wide innovation, decision making, goal setting, in-depth article, innovation champion, Innovation Culture, innovation governance, Innovation Leadership, Innovation Management, Innovation Strategy, model, open source, roles, strategic partnership|

7 Tips to Speed Time to Innovation

This article delves into the goals every organization should work toward to boost product development performance, looks at how these goals further a product organizations ability to bring innovative products to market, and outlines the ways that a Product Portfolio Management (PPM) Solution helps companies reach these goals.

Ideascale2019-10-15T15:13:34-07:00April 19th, 2013|Categories: Enabling Factors|Tags: Best Practices, commercialization, deliverables, metrics, portfolio management, prioritizing, Product Development, resources, risk management, speed of innovation, standardization, time-to-market|

Making Ideation a Part of the ‘Innovation Project Machine’

Why is the way we work with ideation so different than the way we normally execute projects? This article argues that the two ways of working can be combined into an ‘innovation project machine’ that more effectively captures new ideas and executes innovation, inspired by agile project management and with learning for managers.

Ideascale2021-12-05T09:33:25-08:00February 4th, 2013|Categories: Idea Management, Strategies|Tags: agile project management, Best Practices, Ideation, in-depth article, innovation champions, project execution, project management, project planning|

How to Deal with Innovation Management When You Are Small?

Innovation is frequently marketed as driver of growth and prerequisite for remaining competitive. However, the process is often risky, especially for small or medium sized enterprises in search of ways to successfully manage their new products, services or businesses in a systemic and stable manner. Luckily, tools such as the “A.T. Kearney House of Innovation” are available to lend an essential helping hand.

Ideascale2021-12-05T09:16:56-08:00December 19th, 2012|Categories: Leadership, Strategies, Support for SMEs|Tags: benchmarking, business growth, Business Model Innovation, competitiveness, entrepreneur, growth, in-depth article, Innovation Culture, Innovation Strategy, small business, smbs, SME, startup, sustainable growth|

A Strategically-Focused Innovation Process

Many people assume that creating new ideas is the beginning of the innovation process, but actually that’s not true, according to Langdon Morris. He explains that ideation occurs in the middle of a disciplined, strategically-focused innovation process. In this article, he outlines an 8-step innovation process that promises better results than the traditional 'spray and pray' approach to developing and managing ideas.

How to Effectively Manage the Fuzzy Back End of Innovation

You have doubtless heard of the fuzzy front end of innovation. It is another name for idea generation. But Jeffrey Baumgartner believes that the back end of innovation, where implementation is supposed to take place, is just as fuzzy. Many companies lack clear, efficient processes for implementing the ideas they generate.

Mind Mapping Software: A Simple Approach to Idea Management

Small to medium-sized businesses typically don't need an enterprise-level idea management system. What they need is a simple tool that enables them to capture, improve, evaluate and take action upon their best ideas. Mind mapping software is a tool that can help.

Ideascale2020-07-07T19:40:23-07:00November 28th, 2012|Categories: Idea Management, Support for SMEs|Tags: action plan, attribute listing, brainstorming, challenge, evaluation criteria, idea evaluation, idea filing, idea grouping, idea implementation, idea improvement, idea scoring, Ideation, innovation tool, lateral thinking, mind mapping, mind mapping software, problem causes, problem definition, problem identification, SCAMPER, SME, visual thinking|

Customer Integration in B2B Open Innovation

Today, almost any B2B firm claims to be “customer-oriented”. However, only few firms have a rigorous and stringent system that integrates the “best” (B2B) customers into its innovation process – where “best” in this context is measured not by volume of sales but by contribution to the firm’s innovation. A lot of insight has been generated on how to engage consumers in the innovation process. There is also a growing body of knowledge about how to innovate openly on the R&D side of the innovation process. But little has been written up so far about how to systematically integrate B2B customers in the firm’s Open Innovation system. innovation-3’s Frank Mattes closes this gap by sharing some insights.

Ideascale2019-11-28T09:23:30-08:00November 12th, 2012|Categories: Collaborative Innovation, Open Innovation, Strategies|Tags: B2B, Best Practices, concept validator, crowdfunding, Crowdsourcing, customer engagement, customer integration, customer involvement, data, in-depth article, Innovation Management, Innovation Strategy, knowledge transfer, lead user, Open Innovation, Product Development, R&D|

Accurately Reading Open Innovation Tea Leaves

There are two basic types of open innovation missions sponsored by technology seekers: Nice to Find Soon (NFS) and Must Find Now (MFN). Given the vast difference in success probabilities between them, how can a would-be technology provider distinguish between them? After all, the technology seeker isn't going to label them as such.

Ideascale2021-12-05T08:27:06-08:00September 29th, 2012|Categories: Trend Alert|Tags: innovation trends, rejection|

Establishing the Foundations for a Balanced Innovation Portfolio

Corporate innovation programs can’t fulfill their potential without the right foundations in place. Many organizations are taking their programs across the enterprise. In this article we consider three key foundations and how they can be boosted to improve corporate innovation: the linkage between every day innovation and corporate targets, the levels of openness, trust and acceptance of diverse opinions.

Ideascale2021-12-05T08:21:38-08:00September 17th, 2012|Categories: Organization & Culture, Strategies|Tags: Best Practices, business focused innovation, Communication, community, corporate innovation, foundations, in-depth article, innovation foundation, Innovation Management, innovation portfolio, Innovation Strategy, portfolio management, sustainable innovation|

Threat vs. Opportunity – The Art of Pitching your Ideas

Why is your boss neglecting the fantastic idea you came up with even though it looks promising (in your eyes at least)? And why is your boss so intent on avoiding negative situations? This is an irritating behavior many of us have experienced and one that Bengt Järrehult examines more closely in today’s blog.

Ideascale2021-12-05T08:18:19-08:00September 11th, 2012|Categories: Innovation Psychology|Tags: Communication, objective state, presentation, prospect theory, risk aversion, risk management, subjective state|

Making Collaborative Innovation Stick

People who practice collaborative innovation commit to transforming their communities and organizations in authentic ways. Through the practice, people realize their potential for leadership by posing the critical questions that matter and by convening peers to pursue the ideas that follow. And, let’s be honest: the practice takes a lot of work. In this article, innovation architect Doug Collins reflects on ways in which people can approach the practice to increase the odds that it persists and proliferates.

Ideascale2021-12-05T08:18:07-08:00September 4th, 2012|Categories: Collaborative Innovation, Leadership|Tags: Best Practices, collaborative innovation, company culture, decision making, persistence, risk management, risk-taking, Stakeholders, taking action, time management|