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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects
Innovation projects are often difficult to manage due to their lack of a clear plan or outcome, making it hard to predict their success. Traditional project management processes are not designed for innovation and can lead to failure. The L.I.V.E. (Lean Innovation, Validation & Execution) method helps innovation teams to manage multiple projects simultaneously by validating progress through a set of 10 questions, reducing risk and increasing alignment with stakeholders. This method allows for faster, cheaper and less risky delivery of innovation projects compared to traditional project management techniques.