Competitive factors are now forcing companies to realize that business survival in the new world is predicated upon growth and innovation.Now more than ever it is essential for companies to stay ahead of competitors,new entrants,changing consumer behaviours and market trends.Change is accelerating and we are seeing more and more new applications making old business models obsolete. Consider the rise of Apple,Google,Uber,Tesla,Visa,Facebook,Virgin,Stripe,Gap,FedEx,Air BnB,General Electric,Spotify,Netflix and Amazon and how they are revolutionising our day to day lifes.
If continuous and sustainable innovation is to occur, then innovation leadership and project management must be married together and with a clear understanding of each other’s roles. Innovation defines what we would like to do and project management determines if it can be done. The marriage also may require that both parties learn new skills and create a corporate culture that supports idea management practices (Harold Kerzner 2019).
C-suite executives have to show leadership in bringing together all the disparate aspects of theory, reality, vision, process, finances, adding value and politics to create successful outcomes.
FROM A PROJECT OR BUSINESS INSIGHT FEW MARKETS ARE UNIQUE IN TERMS OF INNOVATION:
What are the deliverables from the C-Suite Innovation Project Management workshop?
Dublin 10th May 2021 [9.30 – 2.30] Virtual 1 day course €495
London 20th May 2021 [9.30 – 2.30] Public 1 day course £495
Birmingham 21st May 2021 [9.30 – 2.30] Public 1 day course £495
Dublin 21st June 2021 [9.30 –2.30] Virtual 1 day course €495
Success rate – the percentage of new products / services that achieved their expected business goals.
Typical normal success rates are 50-55%.PM360 Consulting clients regularly achieve 75% – 85% success.
Throughput – the number of products / services that you move through the company process and bring to market in a specific time period with available resources.
Value – the contribution of the products / services in-client project portfolio, usually in new present value (NPV) or revenue or profit.
Entrepreneurs are committed, energetic, can-do people, I see two big differences between a natural entrepreneur, and a skilled c-suite project manager.
The first is that entrepreneurs are in it to build a business, it’s the end point and the value that it creates which motivates them.
The second difference is that few entrepreneurs have training in project management practices. So, managing the project planning and delivery can be challenging and key performance factors are required for delivering project objectives.
17 June 2020, 8 July 2020, 12 August 2020