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Innovation Mgmt: Innovation and Project Management
PMConnection Articles
         Figure 1: "A Better Mousetrap", compliments of Pcubed.  See full slide deck here.


What is Innovation?
Innovation is the conversion of knowledge and ideas into new or improved products, processes and services to gain a competitive advantage.

Why is Innovation important to the Project Management world?
Some of these new innovative ideas may ultimately become the projects we will manage in the near future. Remember these new projects could be to create a new process or service, not just a new product.

What is Ideation?
Ideation is short for “Idea Generation”. It is the ongoing processes or programs that an organization might institute to help individuals (or groups of individuals) generate new ideas. You could say that Ideation is the first Stage in the Innovation [Project] Lifecycle.

What is Innovation Management?
We say that Project Management is about “doing things right”. We say that Portfolio Management is about “doing the right things”. Following this line of thinking, we could say that Innovation Management is about “dreaming up different things”; coming up with those wonderful new ideas….or potential projects.
Innovation Management would actually encompass all the detailed processes that is needed to “dream up an idea” and then move it through the Innovation Lifecycle until it is a completed project.

How innovative is your organization?
1 – We have a formal Innovation Program and it is well governed
2 – We have a formal Innovation Program, but it is not institutionalized
3 – We talk about being more innovative, but have no official program
4 – We don’t focus on innovation but should institute some form of a program
5 – We will never institute anything to become more innovative

Click here to answer, then see the results from your peers.

For more on Innovation, visit this link.


Note: You may find this product helpful:

Portfolio Management: How to Innovate and Invest in Successful Projects

Posted by webadmin on Saturday, May 04 @ 00:23:02 CDT (8157 reads)
(Read More... | 3062 bytes more | Score: 5)

Innovation Mgmt: What is Yammer?
PMConnection Articles
Yammer is a social networking application similar to Facebook.  However, Yammer is different in that it is solely geared to work within an organization.  Yammers tagline is; “The Enterprise Social Network”.  It is a private social network for your company.  Employees can now collaborate real-time in a secure environment across departments or across the world.

In June of 2012, Microsoft purchased Yammer for $1.2 Billion dollars in cash!

The plan was to integrate Yammmer with SharePoint.

In March of 2013, Microsoft released this article Yammer and SharePoint: Enterprise social roadmap update.  The article gives us a look at the evolutionary steps into the future.  There will be three phases; basic integration, deeper connections, and connected experiences.

     - Basic Integration - This summer Microsoft will update the Office 365 service and allow customers to replace the SharePoint newsfeed with Yammer.

     - Deeper Connections - This fall they will deliver another update to Office 365 and deepen the integration. Customers will still have the option of choosing between Yammer and the SharePoint newsfeed, but this new, integrated Yammer experience will offer Single Sign-On (SSO) and seamless navigation.

     - Connected Experiences – Starting in 2014, there will be new social enhancements roughly every 90 days. Over time these incremental enhancements will combine social, collaboration, email, instant messaging, voice, video, and line of business applications in innovative new ways.

There are a number of apps for or integrate with Yammer.  See a list here.

There are many way in which Yammer could be beneficial to project management.  Here is one case study:
"A project case study where Yammer came to the rescue"


Some videos on Yammer can be found here:







Note: Try Yammer:

Posted by webadmin on Friday, March 29 @ 22:39:39 CDT (12984 reads)
(Read More... | 3252 bytes more | Score: 5)

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