Innovation efforts may seem expendable during times of belt-tightening and uncertainty, but it's critical that organizations still anticipate, adapt and deliver solutions that serve customers’ needs, now and in the future. Here are five ways to keep innovating when things are rough.
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Every once in a while, we get into an extensive debate about the role, presence, impact and future of the project economy. But to put not too fine a point on it: We have always lived in a project economy. It's just that it hasn't been very evenly distributed.
In order to manage innovation to meet global challenges, organizations should implement an approach that joins together the management of individual projects, integrates them to the organizational project perspective for delivery and governance, and aligns them to the organizational strategy.
Innovation is going to be key in the ability of an organization to recover. The depth of the impact that the pandemic has had on most industries means that resuming the pre-pandemic strategic priorities simply won’t work. Agile teams are the key to making that happen.
We've already considered the need for leaders to embrace more innovative project investments as part of their recovery. Assuming that happens, there are going to be a lot more projects being delivered that are focused on achieving innovative outcomes, and that puts a lot of pressure on the PMO to perform. So how will things change?
The pandemic is spawning a revolution in innovation that will last way beyond the next few months—and that’s something businesses need to harness. As this three-part series begins, we focus on the natural starting point for this exploration: strategy.
After you've assembled a cross-functional innovation team and aligned around a goal, it's time to start using metrics and data to track the most important things, supported by a scorecard that everyone can see. This will help establish a rapid rhythm and generate positive velocity on your innovation journey.
Creating a simple, well-understood purpose that team members can get behind is critical on every project. In part two of our series on innovation teams, we share a framework for building your team’s commitment to a goal, encompassing vision, value, metrics, obstacles and measures.
Organizations are taking a fresh look at options to improve team productivity, which seems to be affected by the lack of personal interaction during the COVID-19 pandemic. This new model could be a long-lasting one that can bring about life-changing impacts and, at the same time, new opportunities for project teams to deliver value to organizations.
The best PMs are the ones who can come up with the most creative solutions to the toughest problems. And the sooner new project managers can be encouraged to demonstrate that creativity, the more successful they—and their employers—will be.