As a small business owner, you already know that you can’t run things entirely by yourself. Just as you have an expertise, so too do consultants. If you’re racking your brain trying to decide where you can use a helping hand, today’s Business Innovation Management blog offers insight all along your innovation and [...]
The COVID-19 pandemic has been hard on all types of businesses around the world. However, if your company has made it this far, then you can begin to make changes now that will better position you for long-term growth and success. From upgrading your website to modifying your physical store, check out these [...]
For a long time, the ability to work from home was reserved for the lucky and privileged few, those who had supportive employers or who found a way to do it on their own. However, the 2020 COVID-19 pandemic has completely changed this. At first, companies were required to have their employees work [...]
Laying a Strong Foundation The prospect of launching a new business is exciting, there is no doubt about that. However, don’t get ahead of yourself. Take the time to envision your goals. Write these down so that you can better give yourself instructions on how you plan to reach them. A few tips [...]
In the past, being a stay-at-home mom and a business owner might have sounded too good to be true. However, with the rise of the digital age, it's become a reality for many parents. If you have an idea, all you need is a plan to get started. First, these tips will help [...]
When a company’s IP culture varies across a company’s business units and IP functional groups inefficiencies develop. This was highlighted during a recent webinar with many prominent companies IP organizations represented. The simple answer of having “a single organization responsible for making sure everything is uniform” was appropriately shouted down by noting in [...]
The news of a Union being formed at Google highlights the importance of congruent Company Vision, Mission and Values. Although formation of a Union will not likely have a material effect on Google’s top management’s incongruent behavior, the Union’s formation does indicate that senior individuals are deviating from the basic “tacit” governing principles [...]
Transferring learning about Speed-to-Market between product development teams across the organization is a critical component of realizing the benefits of improving Speed-to-MarketTransferring learning between product development teams takes place primarily though person-to-person interaction as there is a lot of tacit information involved.Some of this interaction will take place when people move between product [...]
Effective, timely decision-making is essential.Effective and timely decision-making by both the leadership of the business and the product development project team is essential for managing time-to-market and product development speed.The decision-making process must include both the leadership of the business and the product development project team.Leadership Team Decision-MakingThe leadership team makes decisions for [...]
Methods of Accelerating Innovation and Product Development Matrix Some general methods for improving Speed-to-Market are shown in the Methods of Accelerating Innovation and Product Development MatrixSimplify – Clarify objectives and remove distractions from both the process and the product.Eliminate Delays – Many sources of delay can be anticipated through review of learnings from [...]
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