An organization’s innovation efforts become more efficient and effective if they are tied to the company’s strategic planning process. Linking the two processes, however, is easier said than done. How can companies use their strategic plans to guide innovation? One way to do this is […]
Over the past several years, a significant amount of my work has been with large companies. In working with them, I have assisted with their innovation processes, specifically, improved the way they should manage their innovation processes. Innovation process management includes methods and software for […]
One of the things we recognize as we work with customers about to undertake this kind of initiative is that it can be daunting. There is a lot to do. Further, the work can be risky from a personal as well as professional standpoint. It […]
If you ever wonder about the maturity of your company’s ideation process, these four levels are a simple yardstick – whether you have software to support them or not.
Level One is the age-old suggestion box. It’s been around forever and is the entry level of […]
A long time ago as I was just beginning my career, I took a project management course at IBM. They were very adamant in explaining that project management was not a Gantt chart or a PERT chart. While the name of the project management […]
Gartner Research has found that 80% of executives say they have a gap in alignment between strategy and product development activity. Similarly, 79% of top managers say their company does not have enough high-value projects in their portfolio, according to research by the Product Development […]
To gain the most benefit from their innovation efforts, companies need to manage their innovation process. The early phases of the innovation process – namely, idea gathering, idea development, and idea review – are particularly important to manage because they are typically the “fuzziest” and […]