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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

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.

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Three Key Elements for Achieving Strategic Portfolio Management Excellence

Planview

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.

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What We Learned from the 2024 Vision Award Winners

Planview

.” Sam Aldred, Senior Manager of the Enterprise Portfolio Management Office In addition, the Blue Shield of California team has provided us with direct product feedback on our Enterprise Roadmaps and OKR functionality which has resulted in new capabilities & features seen in the product today.

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Top 5 Questions About the Project to Product Shift

Planview

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. You could play a big role in telling us how.

Project 69
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The Day the Enterprise Stood Still

PlanBox Innovation

By embracing ISO 56001, PMOs are not only transcending agility but also professionalizing innovation. It’s worth noting that, as of writing this, ISO 56001 is still awaiting its official release in 2024. The PMO’s Guide to ISO 56001 ISO 56001, the standard for innovation management systems, isn’t merely a shiny badge of honor.

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How to Reboot Your Innovation System

Cris Beswick

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.

System 59
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Innovate to Live, Live to Innovate

PlanBox Innovation

One surefire way is to become certified for ISO 56001 , an internationally recognized certification standard for Innovation Management Systems (IMS) that is scheduled for release in 2024. Innovators must be agile and adaptive, ready to pivot and make adjustments as needed to stay on course towards their innovation goals.