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If you want someone to make a decision, give them fewer choices

Idea to Value

In order to get the resources you need for innovation projects , usually you need management to approve your request for those resources. So in order to get support for your idea or project, the request should be framed in such a way that it requires the fewest comparisons to other requests possible.

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How Small Business Owners Can Navigate Inflation and High Interest Rates

Business and Tech

Think of your financial data as a story, with historical financials telling you where you’ve already been, KPIs showing you where you are today, and the budget/projections describing what you think will happen next. Your business financing: Do you have any variable rate financing agreements?

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How Benchmarking Against Market Leaders Can Drive Business Success

Leapfrogging

Even worse, your business may end up being disrupted by the next big innovation that comes on the market. Most often, metrics used for comparison include sales figures, quality of products or services, brand awareness or customer experience. So what do you do when you want to find out how your business is doing?

Marketing 100
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How to Measure the Success of Your Innovation Management Strategy

IdeaScale

Time itself creates points of comparison, whether you choose to evaluate them or not. Learn how to measure innovation success to improve the results of future innovation projects. Going forward on hunches, or feelings that a project is performing, is certainly possible, but it’s not wise. Numbers don’t lie.

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The cost of innovation

Jeffrey Phillips

For many years, in writing this blog, and in leading innovation projects for my clients, I tried to advocate for the benefits of innovation. The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices. Let's examine each in turn.

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Navigating the Shift from Project to Product: A Map for Success 

Planview

The secret lies in transitioning from a project-oriented management approach to a product-centric model. It’s a paradigm shift that promises reduced time-to-market, heightened agility, and an unwavering focus on delivering value. Yet, the journey is rife with challenges.

Project 69
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Building an Agile & Innovative Organization

Idea to Value

There are great many companies and leaders that obsess about their market share, competitors, or technological prowess. If you don’t have customers, your market share is zero. The sharp focus and clear authority and accountability are incredibly effective at solving most challenges that projects often face in large organizations.

Agile 312