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Viewpoints about 'Third Party'
Great Ideas Are Not Enough
Championing Innovation Governance
It is commonly believed that the most innovative companies hire the brightest minds and invest in fancy workplace environments where out-of-the-box thinking leads to successful new products and services. While there may be places where this is true, few companies are able to consistently execute on this strategy and lead their industry with sustainable innovation. Read More
Topics: Cycle of Innovation, Decision Making, Governance, Innovation, Innovation Culture, Innovation Governance, Innovation Strategy, Pipeline and Portfolio Management, Project Governance, Project Portfolio Management, Sustainable Innovation, Third Party, Third Party Gatekeeping
You May Need a Stranger on Your Portfolio Review Committee
Formal innovation portfolio review processes often fail because of the human, subjective aspect of the process. In response, many leading companies are bringing in knowledgeable outsiders to help guide their innovation portfolio investment decisions. This is a sensitive area so there are a handful of leading practices that should be considered when including an outsider in the review process. Read More
Topics: Perspective, Portfolio Committee, Portfolio Investment, Portfolio Management, Portfolio Prioritization, Portfolio Rationalization, Portfolio Review, Product Development, Third Party