Remove Innovation Remove Risk Remove Strategy
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Embracing Positive Risk: A Path to Innovation

Scrum.org

We often think of risk as a negative force, something to be avoided or mitigated. If you ask most middle managers what their main job is, a majority will reflect that they manage the flow of work to their people and manage the risks of the work. We might prioritize rigid processes over flexibility or discourage experimentation.

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7 Ways Project Manager Roles Are Changing

ProjectManager.com

Data-Driven Decision Making While project managers have always applied data to their decision-making, the more accurate, real-time insights and tools that have become available are influencing them with increased objectivity, proactive risk identification and predictive analytics.

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Product strategy: where customer needs and technology align

Scrum.org

Roman Pichler’s work on the strategy stack depicts an important relationship beyond requirements for users to one of a symbiotic relationship between the product strategy and technology strategy. Technology’s role, importantly, is to provide a set of constraints for the product strategy.

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Balancing Operational Excellence with Innovation

Scrum.org

How many people struggle with juggling Business as usual (BAU) operations as well as delivering products to customers and well as investing in innovation? I have found that using metrics such as Innovation index are a good way to see the balance in an organization between operational excellence and innovation.

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Pilot Project: Meaning, Benefits and Example

ProjectManager.com

These projects are conducted on a small scale to minimize risks and costs, and this test phase is used to evaluate the effectiveness of an idea before full deployment. Its a learning opportunity, which helps identify issues, gather data and make improvements, as well as mitigate risks by detecting failures early.

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The Transforming Dynamics of Project Management’s Future

The IIL Blog

These new projects are strategic in nature, such as innovation, research & development, new product development and strategic planning initiatives. Many of the traditional project management processes, tools, and techniques used in operational projects do not apply to strategic or innovation projects. Project Management (PM) 4.0

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Agile Leadership for Startups: Evolving Growth with Flexibility and Vision

Scrum.org

Instead of locking them into long-term strategies, agile leaders tend to follow that iterative approach, reflected in the key points of the iterative practice: Test ideas through MVPs. Adapt strategies based on real-world insights. This mindset enables fast pivots, minimising the risk and maximising openings.