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How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

It’s not sexy and won’t land the leadership team any TED Talks. How can you justify redirecting resources to tweaking the UX or integrating an API when they could spend time building the next big thing? But beyond resource allocation, stakeholders must also embrace this approach’s inevitable risks and failures.

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Innovation Management

ProductPlan

There is a lot of discussion around the essential elements of innovation management, but there are a few themes that consistently emerge: Culture: Companies don’t fail to innovate for lack of good ideas. Aligning your strategy with innovation is the key to prioritizing ideas and allocating resources appropriately.

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article thumbnail

How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

It’s not sexy and won’t land the leadership team any TED Talks. How can you justify redirecting resources to tweaking the UX or integrating an API when they could spend time building the next big thing? But beyond resource allocation, stakeholders must also embrace this approach’s inevitable risks and failures.

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71 Scrum Product Owner Interview Questions (2)

The Product Coalition

product ideas for scarce resources and accepting that the PO is the gatekeeper to the Product Backlog. In this case, reevaluating its benefit before pouring more resources into it is a necessity. Sooner or later, common sense will end this kind of misallocation of resources, as pet projects rarely provide a return on investment.

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To reinvent healthcare, Cambia first reinvented itself: How they built a culture of innovation

DISQO

She goes on to explain that innovation is a mandate from leadership, saying that Mohan, Cambia’s Chief Innovation Officer, stresses “causes are taken, missions are given.”. You need to create a mechanism where employees can communicate and express their ideas. And once they express their ideas, you need to act on them,” says Ravi.

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To reinvent healthcare, Cambia first reinvented itself: How they built a culture of innovation

DISQO

She goes on to explain that innovation is a mandate from leadership, saying that Mohan, Cambia’s Chief Innovation Officer, stresses “causes are taken, missions are given.”. You need to create a mechanism where employees can communicate and express their ideas. And once they express their ideas, you need to act on them,” says Ravi.

article thumbnail

To reinvent healthcare, Cambia first reinvented itself: How they built a culture of innovation

DISQO

She goes on to explain that innovation is a mandate from leadership, saying that Mohan, Cambia’s Chief Innovation Officer, stresses “causes are taken, missions are given.”. You need to create a mechanism where employees can communicate and express their ideas. And once they express their ideas, you need to act on them,” says Ravi.