Innovation Strategies Need Targeted Focus

Innovation strategies and their associated projects leverage internal strengths and target areas of high impact. Identification of markets and customers helps bring focus to the desired product. And, fewer, smarter portfolio choices bring more resources to bear on the innovation challenges. ...

... "If companies seek to innovate sustainably over time, they need to understand who they focus on, what they should make, and how they actually conceive and develop new products and services. " ...

Via Fast Company: Innovation Strategy

IT Cost Translator

Turn project costs into operational metrics to bridge the communication gap between IT and business execs. ...

... "The core of our Martian/Venusian phrase dictionary for business and IT is to create unit cost measures of IT and the value added by IT in your organization and your industry. " ...

Via Harvard Business: Discuss IT Cost with Executives

Project Value Delivery

I like the idea of transforming business cases into the value delivery story with the enabling plan. We should strive for this in the information technology space. Our historical challenge is being able to identify and articulate business value in the first place. But, as we mature, planning for the achievement of value is the next goal. Project plans will not be able to end at system go-live or stabilization. Plans will have to be extended to user adoption, competency demonstration, and organizational process performance and maturity. ...

... "So, we’ve got to change the business case and make it value-focused; centred around the value proposition. Then we’ve got to make the project plan value-focused ... " ...

Via CIO Australia: The New Business Case