Differentiation: Creating unique product/service features to stand out in the market.
Co-design is a collaborative innovation approach that engages stakeholders from the beginning of the design process to create an end product or service that meets their needs and expectations.
Mitigation refers to actions taken to reduce or eliminate the risks from hazards to people and property.
Business Model Innovation involves redefining a company's value proposition and operations to create new revenue streams and competitive advantages.
A study shows that 49% of financial executives responsible for capital planning say manual spreadsheet processes are a top pain point in capital planning.
To better understand DevOps practices, we need system data from large-scale and enterprise software delivery, which is difficult to obtain. Value stream integration diagrams can provide a view into such data.
Global enterprise companies share their stories on how they implemented a centralized enterprise PPM solution to streamline data and reporting, empowering stakeholders and facilitating informed decision-making.
Mature organizations excel in capacity planning and resource management by having insight into what people are working on and running on-demand scenarios to adapt to change.
Innovation expert Mike Brown introduces a strategic mentor's dinner table analogy to explain project management interactions.
Combining innovation and portfolio management offices can be a successful move for businesses, but effective communication is vital. Here are some tips for creating a communication strategy that works.
Continuous improvement can be challenging without a well-defined practice. Alan Robinson suggests an inclusive, idea-driven approach that embraces virtual teams and promotes cross-pollination.
Incorporating technology in the workplace comes with immense benefits and challenges. However, preparing your team with an action plan and constant training can help overcome such challenges.
Spreadsheets are essential for financial planning, but can become cumbersome in complex organizational structures. A better tool can enhance their functionality.
Learn what a business case is and why it's necessary for justifying projects and allocating resources in corporate or government landscapes.
Learn what a Business Impact Analysis (BIA) is and how to perform it to assess the impact of an emergency or disaster on critical business processes.
Gap analysis is a useful methodology for identifying underperforming areas of a business or project and improving them to reach desired goals.
A cost management plan is crucial to ensure the project can be executed within budget and quality standards. It outlines how project costs will be planned, funded, and controlled.
Project management and initiatives require a DRI (directly responsible individual) for success, but the roles of a DRI and project manager differ.
Strategic Portfolio Management (SPM) can help organizations maintain an effective strategy under uncertainty. SPM enables companies to make better-informed investment decisions, identify new growth opportunities, and prioritize outcomes that align with the company's strategy.
Effective planning is crucial for executing portfolio strategies amidst unpredictable forces, and mature organizations prioritize and align capacity with demand using portfolio management principles.
Risk assessment is a crucial part of project planning. Learn how to create a comprehensive risk log to increase your chances of project success.
Flow Efficiency is a vital metric to track in Innovation Management. It measures the percentage of time Flow Items are actively being worked on compared to the total time spent in the value stream helping to identify bottlenecks and waste in the process.
Hidden and unplanned work can derail priorities and block dependencies, causing risk to accumulate and jeopardize an organization's ability to deliver predictably.
Managing expectations in project management is crucial for success. Here are 5 tips to guide your projects towards victory.
Don't let self-imposed expectations ruin the enjoyment of life. Clarify and manage expectations to enjoy the show of life.
The recent Suez Canal blockage is a reminder that production issues cost more than just the immediate expense, but also the value of the item being produced.
Traditional customer segmentation is outdated and ineffective. A behavioral-driven approach with archetypes is necessary to capture key learnings and create more accurate segments.
IT PMOs need to focus on delivering high value projects that align with business objectives. The Top 6 Reports for IT PMOs ebook provides critical reports for investment and resource planning, financial tracking, and decision-making.
HiPPO, the Highest Paid Person's Opinion, can have a negative impact on decision-making. Quantifying the Cost of Delay can help in assessing value and urgency.
Eric Ries reveals how entrepreneurial principles can be used by businesses of all kinds
Bringing Ingenuity to Life. Growth strategy through disruptive innovation and strategic transformation
