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SWOT Analysis Strategy Template

Leapfrogging

For example, a software startup conducting a SWOT Analysis may identify its strong technical team (Strength), limited marketing budget (Weakness), increasing demand for automation tools (Opportunity), and growing competition (Threat). Identify Strengths Strengths refer to the internal advantages that give the organization a competitive edge.

Analysis 130
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Revolutionize Your Business: The Power of Agile Product Development

Leapfrogging

The process includes roles such as the Scrum Master and Product Owner, and events like daily stand-ups, sprint planning, and sprint reviews that help teams stay aligned and focused on delivering incremental value. For a deeper understanding of structuring your team, refer to our guide on new product development strategies.

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Benchmarking Analysis Strategy Template

Leapfrogging

For example, a software company might benchmark its customer support response times against competitors to improve service quality. Customer Feedback Survey responses and reviews to understand how customers perceive competitors. Use peer companies or industry leaders as reference points. At this stage, quantitative data (e.g.,

Analysis 130
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What goes around, comes around, in Innovation

Paul Hobcraft

Let me provide a quick introduction along with some brief explanations : Innovation for me always needs common reference points. Jeffrey and I believed, even more so today , that the innovation space needs a common starting point – a collaborative reference model. It needs connecting up in a comprehensive way. Let me be proved wrong!

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Goodhart’s Law: When a target becomes its own enemy

Idea to Value

This refers to the process whereby it is clear what the targets for success are, and an individual, group or company does just enough to qualify for meeting those specific criteria. One area where Goodhart’s Law gets even more dangerous is in target-based software development, especially Artificial Intelligence and Machine Learning.

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Helping discover your innovation pathway

Paul Hobcraft

I always find the post-New Year to be a reflective part of the year of reviewing, deciding, and then setting new goals. Innovation application and practice seem to have stayed stuck, largely due to how it is organized. This is a post about the sources of my knowledge that feeds my innovation passion. Let me start.

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Using a “budget pool” to reduce the cost of innovation

Idea to Value

For some types of projects that have previously been implemented, there can be a clear reference point as to how long they should take, how many resources they will need and how much they will cost. In most traditional business cases in large companies, a project must plan out its potential total costs from start to finish.