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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. This is one of the fundamental strategic questions which every business leader needs to consider. But what does a well-balanced innovation portfolio look like?

Project 292
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What is the ambition matrix and how does it work as part of an innovation portfolio?

Idea to Value

Most companies are not really aware of all of the innovation projects they are working on. Let alone which project mix they should be working on. Here is the original image of the Ambition Matrix from the article: Original Image of the Ambition Matrix from HBR 2012. Is this project an innovation at all?

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Smarter Homes - Opportunities in the Growing Home Automation Market

Wellspring

The burgeoning interest in this technology provides an opportunity that businesses can’t ignore - the smart home market is projected to be worth $292.43B by 2024 and the output of relevant intellectual property continues to grow year over year (Figure 1). Source: Wellspring for Tech Scouting Data.

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5 Behaviours to Lead Successful Change

Innovation Excellence

Unfortunately, the failure rate of change projects has little changed in recent years, despite the increasing use of agile methods. According to a 2012 McKinsey study, 17% of change projects conclude so disastrously. The need for change is constant in a constantly changing business environment.

Change 76
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We are falling badly behind on our invention in technology for the Energy Transition

Paul Hobcraft

In summary: The Technology Collaboration Programme supports the work of independent, international groups of experts that enable governments and industries worldwide to lead programmes and projects on a wide range of energy technologies and related issues.

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The Case for Ambiguity – How to Set Your IT Project Up For Success

MSSBTI

However, that is exactly what happens to an overwhelming number of leaders on a regular basis with their technology projects. A McKinsey-Oxford study found that large IT projects go over-budget 45% of the time, over-schedule 7% of the time, and under-deliver 56% of the time¹. How to Avoid Project Estimation Errors.

Project 53
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Bubble PPM | G-Cloud 11 (G11) Approved Project Portfolio Management supplier | PPM software

Bubblegroup

Bubble PPM – G-Cloud 11 approved Project Portfolio Management software The UK Government’s Crown Commercial Service selects Bubble Innovator Ltd as a G-Cloud 11 supplier on the 2019-20 Digital Marketplace, opening up further opportunities for Project Portfolio Management (PPM) services to the public sector. Management.