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Gap Analysis: A Practical Guide for Strategy Projects Gap Analysis is a structured framework used to evaluate the difference between an organizations current performance and its desired future state. Gap Analysis in Strategy Without a structured approach, organizations risk making decisions based on assumptions rather than data.
What is Hambrick & Fredrickson’s Strategy Diamond? Hambrick & Fredrickson’s Strategy Diamond: A Practical Guide for Strategy Projects Hambrick & Fredricksons Strategy Diamond is a comprehensive framework that helps organizations define and communicate their strategy clearly.
First Mover Advantage: A Practical Guide for Strategy Projects First Mover Advantage (FMA) is a strategic concept where a company gains a competitive edge by being the first to enter a new market or introduce a groundbreaking product or service. Lead Successful Strategy Projects! What is the First Mover Advantage?
What is a Strategy Map? Strategy Map: A Practical Guide for Strategy Projects A strategy map is a visual representation of an organizations strategic objectives and how they interconnect across different business functions. A strategy map helps organizations: Translate strategy into actionable goals.
You'll learn how to set clear, measurable targets, link them to your product strategy, and effectively communicate progress with stakeholders. We'll explore the concepts of products and services as revenue generators or revenue suckers, and delve into how to share cost and benefit dollars within a portfolio or business unit.
Product roadmaps are powerful tools to get the team organized and to get a new product launched. Innovation roadmaps use the product roadmap technique to drive innovation strategy, and they’re powerful tools regardless of your industry. Why A Roadmap? What kind of product do you want to produce?
What is a Content Marketing Strategy? A content marketing strategy is a comprehensive plan that outlines how an organization will create, publish, distribute, and manage content to attract, engage, and retain a clearly defined audienceand ultimately drive profitable customer actions.
What is a Geographic Market Expansion Strategy? A Geographic Market Expansion Strategy is a structured plan used by businesses to enter and grow in new geographic regions, whether across cities, states, countries, or continents. The strategy goes beyond simply opening a new location or launching an ad campaign in a different area.
What is OGSM Strategy Framework? The OGSM Strategy Framework is a structured framework designed to facilitate successful organizational change. The OGSM Strategy Framework serves as a roadmap, ensuring that all aspects of the change initiative are well-coordinated and aligned with business objectives.
Join us and learn how to better advise your agency clients on strategy, architect Zero Trust solutions, and win more cybersecurity business! You’ll hear where peer organizations are currently with their Zero Trust initiatives, how they are securing funding, and the realities of the timelines imposed.
Kays Distinctive Capabilities Framework: A Practical Guide for Strategy Projects Kays Distinctive Capabilities Framework , developed by John Kay , is a strategic model that helps organizations identify and leverage their unique competitive advantages. Develop strategies based on strengths that competitors cannot easily replicate.
Mullin’s Seven Domains Model: A Practical Guide for Strategy Projects The Seven Domains Model , developed by John Mullins , is a strategic framework designed to help entrepreneurs, business leaders, and investors evaluate the viability of a new business venture or strategic initiative. Lead Successful Strategy Projects!
Strategic Goals: A Practical Guide for Strategy Projects Strategic goals are long-term, high-level objectives that define the direction of an organization and guide decision-making. These goals align with the companys vision, mission, and values and provide a roadmap for achieving sustainable growth and competitive advantage.
Balanced Scorecard: A Practical Guide for Strategy Projects The Balanced Scorecard (BSC) is a strategic management framework that helps organizations translate their vision and strategy into measurable performance objectives across multiple perspectives. Lead Successful Strategy Projects!
Speaker: William Haas Evans - Principal Consultant, Product Strategy Practice Lead, Kuroshio Consulting
In this webinar, we’ll explore the 4 key pillars that a value-driven product organization leverages to ensure they are connecting their strategy to execution to deliver business outcomes: The Product Roadmap (What it is and what it’s not). A Cascade of Requirements. A System of Metrics. A Cadence of Ceremonies.
Defining Your Business Strategy Think of your business strategy as your GPS, directing you to your future success. Here’s how to get your strategy in tip-top shape: Mission Statement : What’s your reason for waking up every morning? Swing by our piece on using innovation to drive business strategy development.
It assesses an organizations current level of customer experience (CX) capability and provides a roadmap for evolving toward a more customer-centric, data-driven, and experience-led culture. Defined CX strategy and processes are established, with basic alignment across teams.
Five Forces Model: A Practical Guide for Strategy Projects The Five Forces Model , developed by Michael Porter , is a strategic framework that helps organizations analyze the competitive forces shaping an industry. A well-implemented Five Forces strategy helps organizations: Understand competitive pressures and market structure.
AI in Product Roadmapping : Assisting in the development of strategic product roadmaps ( ai in product roadmapping ). Explore more about how AI can assist in ai for idea generation and ai in product roadmapping. For an in-depth look, refer to our piece on ai in product roadmapping.
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST
Unlike incremental innovation, which optimizes what already exists, White Space Innovation pushes organizations to look beyond conventional strategies and explore new territorywhile still aligning with their core mission and values. Create a White Space Roadmap Translate top opportunities into a phased roadmap.
Modern, competitive industries develop these roadmaps to ensure that innovation efforts translate into meaningful outcomes. To maximize its potential, the roadmap must integrate with innovation portfolio management , a system for tracking, balancing, and optimizing all innovation initiatives. What is an Innovation Roadmap?
It helps organizations assess what is changing in the environment around themand how those changes affect strategy, decision-making, and execution. These insights would inform product roadmaps, go-to-market strategies, and investment priorities. Strategic roadmapping and resource planning.
It was popularized by McKinsey & Company and has since been widely adopted across industries as a roadmap for growth, adaptability, and strategic foresight. Each horizon serves a different purpose, and together, they form a comprehensive strategy that fosters resilience, competitiveness, and sustainable growth.
Speaker: Jon Harmer, Product Manager for Google Cloud
You will deepen your understanding of your customers and their needs as well as identifying and de-risking the different kinds of hypotheses built into your roadmap. Understand how your work contributes to your company's strategy and learn to apply frameworks to ensure your features solve user problems that drive business impact.
Product Roadmapping : AI can help you create and manage product roadmaps by predicting market trends and identifying potential risks. Check out our article on AI in product roadmapping. For additional strategies on incorporating AI into your innovation processes, visit our article on ai in product roadmapping.
Instead of building a rigid business plan based on speculative projections, DDP encourages teams to identify key uncertainties, design experiments, and refine the strategy as new information emerges. Strategy teams evaluating new market entry. Learning Milestone Roadmap Outlines decision points and metrics.
Linking innovation to strategy builds credibility and buy-in. cost overruns) Regulatory or compliance risks For each risk, outline mitigation strategies and contingency plans. budget, personnel, tools) Provide a high-level roadmap that shows how the initiative will unfold. lack of adoption) Operational risk (e.g.,
Artificial Intelligence (AI) is revolutionizing the way innovation professionals approach product roadmapping and strategic planning. Explore how AI can transform your approach to product roadmapping and strategic planning by integrating these advanced tools into your processes.
Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage
Stakeholder Engagement 👥 Learn strategies to secure buy-in from sales, marketing, and executives. Guardrails & Bias Mitigation 🚨 Implement robust strategies to protect against hallucinations and biases in LLM outputs, ensuring fairness, reliability, and user trust. Save your seat today!
By offering a clear roadmap that focuses on assessing barriers, engaging stakeholders, and tracking progress , AIM helps organizations transition smoothly and reduce resistance. This structured approach makes it easier to transition from strategy to implementation while maintaining flexibility to adjust based on feedback and evolving needs.
By using this model, teams can: Prioritize projects based on impact and alignment with strategy. It fosters alignment between innovation teams and executive leadership while offering a roadmap for innovation scalability and sustainability. Culture acts as the foundation for a balanced and sustainable innovation strategy.
Over the last 25 years, I’ve spent thousands of hours and run hundreds of innovation sessions designed to help business executives across all industries to develop better strategies which will enable them to stay ahead of the competition when it comes to developing the most innovative products and services to serve their customers. ? .
The canvas prevents this by offering a structured method for aligning innovation strategy with customer insight. It informs messaging, go-to-market strategies, and brand positioning by articulating clear, relevant benefits. If gaps or mismatches exist, use this insight to revisit product strategy or refine the offering.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Whether a company is developing emerging technologies, managing existing platforms, or phasing out legacy systems, this model serves as a vital roadmap for navigating the complexities of technological evolution. Develop replacement strategies, including phased discontinuation plans, to ensure smooth transitions.
Table of Content What is a Product Roadmap? A product roadmap is defined as a strategic planning document or visualization that outlines the high-level goals and objectives for a product or product line over a specific period of time. It is a communication tool that helps a product team, including product [.]
Providing a prioritized innovation roadmap backed by data. Adapting roadmaps based on shifting priorities. This framework plays an essential role by: Helping cross-functional teams focus on customer value rather than internal assumptions. Reducing wasted effort on features or ideas that do not serve critical outcomes.
This plan should outline the steps and strategies for integrating AI into your organizational culture. Develop a Roadmap : Create a detailed roadmap that outlines the steps for AI integration. Strategies to manage resistance include: Communicating the benefits of AI clearly and consistently to all employees.
Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.
Without a clear portfolio strategy, teams risk misallocating resources, pursuing low-value projects, or failing to achieve intended outcomes. The following steps provide a roadmap for using the Project Portfolio Management template effectively. This not only increases ROI but also enhances organizational agility and transparency.
It is an essential tool for organizations striving to turn strategy into results through structured, collaborative planning. A well-defined PoR addresses these challenges by: Establishing what is in scope for a given time period (e.g., Lead Successful Project Management Projects!
Guiding portfolio strategy by balancing efforts across different phases of innovation. In real-world projects, S-Curve Mapping is often used by R&D departments to track the progress of emerging technologies, by strategy teams to plan long-term innovation roadmaps, and by product managers to decide when to sunset or reinvent offerings.
Traditionally used in manufacturing and operations to track metrics like production time, cost efficiency, and quality, benchmarking has evolved into a broader innovation and strategy tool. Develop Action Plans Use benchmarking results to inform your innovation roadmap. Adjust strategies based on changing market conditions.
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