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We need to approach innovation differently through connected agility, have speed and automation more central, and provide roles for a great diverse set of participants. The concept revolves around breaking innovation into modular building blocks, enabling organisations to achieve greater agility and efficiency in their innovation efforts.
The State of Value Stream Management Report 2023 , in particular, stands out due to its inclusivity, drawing data from respondents across various organizational sizes, ranging from nimble startups with 1-99 employees to massive enterprises boasting 50,000+ personnel.
Paired with immediate customer input, product-based models enable increased agility, faster time to market, improved customer satisfaction, and optimized resource allocation. Some of the most compelling data points were: Only 8% of what’s planned by Agile teams gets delivered.
We need a new model that tackles innovation so it can articulate for all and become the innovation roadmap that communicates to us all in a way that makes a clear connection. To understand the whole innovation moon, we do need to make moonwalks. We need to explore; we need to map out the terrain.
A strong SPM platform has a clear future roadmap and is proactive in adapting to current market demands and delivering on innovation. The last thing anyone wants to invest in is an inflexible technology roadmap that isn’t evolving at the speed of business. GARTNER is a registered trademark and service mark of Gartner, Inc.
trillion in 2023. The tenets of data strategy should be structured to achieve agility in processes and consistently deliver value to the business. Agile strategies enable organizations to evolve and improve over time, adapt to changes and allow contribution from all levels of the organization. Start with a Data Strategy.
Quantifying the Disconnect Between Business Leaders and Technology Teams Consider one of the most startling findings from The 2023 Project to Product State of the Industry Report. Planview customers have access to this data thanks to our industry-leading portfolio, enterprise agile, and value stream management offerings.
Based on insights derived from 3,600 value streams and 326 survey responses from executives and delivery teams, the 2023 Project to Product State of the Industry Report gives us a peek into why an astounding 92% of organizations are struggling to operationalize the transition from project to product.
Given this emphasis on innovation, the findings from Boston Consulting Group’s Most Innovative Companies 2023 report come as no surprise: this year, two-thirds of companies ranked innovation as their number one priority. By embracing ISO 56001, PMOs are not only transcending agility but also professionalizing innovation.
was able to avoid recession in 2023 and consumer confidence is optimistic entering 2024, companies are still proceeding with caution, given the elevated (56%) chance of recession sometime in the next 12 months, according to the New York Fed’s recession probability model.
In 2022, 20% of companies surveyed were ‘innovation-ready’, but in 2023, that figure had dropped to 9%, and in 2024, has dropped to a staggering 3%! With increased competition, rapidly changing technology, and evolving customer expectations, organisations must become more agile, collaborative and adaptable.
In doing research for Project to Product I found myself having very similar discussions with analysts about expanding the benefits of Agile and DevOps to the operating model of a digital business. In the decade following, I was amazed to witness how ALM went on to shape the tool landscape around software development. Fast forward to 2016.
Last month, Planview released the inaugural 2023 Project to Product State of the Industry Report , and it is well worth the read. This debunks the perspective that business agility and successful transformation are limited to companies of a certain profile. This is an unprecedented disadvantage for competitors.
What’s more interesting is that Bain ran this survey ten years ago and then again last year (2023); the latter number is still only 12%. In fairness, the number of companies reporting their programs failed to deliver has dropped from 38% in 2013 to 13% in 2023. But that merely means more companies settled for mediocre results.
We are about to have the CoP28 event in the UAE from 30 November 2023 to 12 December 2023, which is crucial for the energy transition. This approach should be well-thought-out and comprehensive and provide clear roadmaps for the essential broad inclusion solutions required. I feel this is an actual watershed event.
This translates into more agile and adaptive strategic planning. Implementing AI for Competitive Intelligence Competitive intelligence is the act of gathering and analyzing actionable information about competitors and the competitive environment.
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