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Innovation:
The Top Five Things Project
Managers Need to Know
Tony Appleby, MBA, PMP, SCPM
PMI Certified OPM3® Professiona...
MATURITY MODELSWHAT IS INNOVATION?
MATURITY MODELSWHAT IS INNOVATION?
MATURITY MODELSWHAT IS INNOVATION?
MATURITY MODELSWHAT IS INNOVATION?
6
MATURITY MODELSWHAT IS A PROJECT?
A project is a temporary endeavor undertaken to
create a unique product, service, or r...
7
MATURITY MODELSWHAT IS A PROJECT?
Projects are the means society and organizations use
to create, to change, and to buil...
8
MATURITY MODELSSO, WHAT IS AN “INNOVATION” PROJECT?
9
MATURITY MODELSHERE IS AN INNOVATION PROJECT…
10
MATURITY MODELS…IT BLENDS TRADITIONAL AND AGILE
11
MATURITY MODELSTHE PM’s ROLE IN INNOVATION
12
MATURITY MODELSA BRIEF SIDE-TRIP
Strategic and Business Management
Definition: Knowledge of and expertise in
the indust...
13
MATURITY MODELSIMPACT OF STRATEGIC FOCUS?
72%
Average project success rate
when organizations align their
talent to org...
14
MATURITY MODELSPRIMARY TRAIT OF AN INTRAPRENEUR?
71%
Percent of organizations which
rank leadership skills as the most
...
15
MATURITY MODELSTOP FIVE TIPS → No. 5
Innovation Project Challenges Are the Same as a Regular Project.
They Are Just Dif...
16
MATURITY MODELSTOP FIVE TIPS → No. 4
Focus on What Success Looks Like
17
MATURITY MODELSTOP FIVE TIPS → No. 3
Never, Ever Forget about Stakeholder Management
18
MATURITY MODELSTOP FIVE TIPS → No. 2
Risk Management (Yes, I Am Repeating This on Purpose)
19
MATURITY MODELSTOP FIVE TIPS → No. 1
IT IS A Project. Remember to Treat It Like One!
20
A BONUS
21
A BONUS
22
A BONUS
23
SUMMARY
INNOVATIVE PROGRAMS AND DISRUPTIVE IDEAS BRING CHALLENGES
Project managers can excel in this environment by:
• ...
“The future is already here;
it is just unevenly distributed.”
William Gibson
25
SUMMARY
Many thanks to the following specific thought leaders and researchers
whose publications helped inform this pre...
26
OPEN DISCUSSION
Q & A
27PMI and the PMI logo are registered marks of the Project Management Institute, Inc.
tony.appleby@projectstrategy.com
www...
28
MATURITY MODELSMATURITY MODELS
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Innovation: The Top Five Things Project Managers Need to Know

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In this highly informative session, Tony will leverage PMI research findings to explore the primary issues and opportunities in innovation project management. Innovation is a critical element in helping product-oriented companies achieve their market objectives and projects in these environments are development are complex, long, resource-intensive, and risky. Therefore, it is important to detect problems early to avoid waste of time and resources. Because that is often easier said than done, Tony will couple PMI’s research with observations from his company’s client interactions in the field to help session attendees fully comprehend each of the top five innovation project management issues.

By the end of the presentation, participants will have a very clear understanding of the specific challenges that plague low-performing organizations and the best practice activities that characterize their high-performing counterparts. The costs and benefits of employing these best practices in organizations where they do not yet exist will also be provided, as will be lessons learned from performance improvement efforts in innovation environments. If you want to understand how to assist an organization with improving time-to-market success rates, increase the value of product development efforts, and maximize opportunity in the world of innovation, this session is for you.

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Innovation: The Top Five Things Project Managers Need to Know

  1. 1. Innovation: The Top Five Things Project Managers Need to Know Tony Appleby, MBA, PMP, SCPM PMI Certified OPM3® Professional PMI Guadalajara Congreso en Dirección de Proyectos 6 November 2015
  2. 2. MATURITY MODELSWHAT IS INNOVATION?
  3. 3. MATURITY MODELSWHAT IS INNOVATION?
  4. 4. MATURITY MODELSWHAT IS INNOVATION?
  5. 5. MATURITY MODELSWHAT IS INNOVATION?
  6. 6. 6 MATURITY MODELSWHAT IS A PROJECT? A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates that a project has a definite beginning and end. PMBOK® Guide, Fifth Edition, Project Management Institute
  7. 7. 7 MATURITY MODELSWHAT IS A PROJECT? Projects are the means society and organizations use to create, to change, and to build. Because of the importance of projects, society and organizations must understand the process and learn to manage projects successfully, or they will be forced aside by those who do. Durrell and Ellsworth, Modern Project Management, 1980
  8. 8. 8 MATURITY MODELSSO, WHAT IS AN “INNOVATION” PROJECT?
  9. 9. 9 MATURITY MODELSHERE IS AN INNOVATION PROJECT…
  10. 10. 10 MATURITY MODELS…IT BLENDS TRADITIONAL AND AGILE
  11. 11. 11 MATURITY MODELSTHE PM’s ROLE IN INNOVATION
  12. 12. 12 MATURITY MODELSA BRIEF SIDE-TRIP Strategic and Business Management Definition: Knowledge of and expertise in the industry / organization that enhances performance and better delivers business outcomes. • Ability to connect the dots between your work and larger organizational strategy to drive project outcomes • Understanding of the overall business context • Will vary from person to person
  13. 13. 13 MATURITY MODELSIMPACT OF STRATEGIC FOCUS? 72% Average project success rate when organizations align their talent to organizational strategy
  14. 14. 14 MATURITY MODELSPRIMARY TRAIT OF AN INTRAPRENEUR? 71% Percent of organizations which rank leadership skills as the most important for long-term success
  15. 15. 15 MATURITY MODELSTOP FIVE TIPS → No. 5 Innovation Project Challenges Are the Same as a Regular Project. They Are Just Different. • Time • Quality • Cost • Effort • Resources • Communications  Market Demand  Lead the Competition  Capitalize on Opportunity  Timing of Communications to Clients / Public  Creating and Maintaining “Buzz”  “You Only Get One Chance to Make a First Impression”  When Time and Money are Constrained, You Can Only Negotiate Scope and Quality  Innovation programs are typically underfunded  Leverage test environments (“innovation labs”) to the extent practicable  Centralized Documentation Repositories!  Research, research, research  Risk Management 101  Training and education of new resources can take a long time  Find / develop project-based resources from existing staff  Privacy and intellectual capital  Social media (“buzz”)  Early team engagement
  16. 16. 16 MATURITY MODELSTOP FIVE TIPS → No. 4 Focus on What Success Looks Like
  17. 17. 17 MATURITY MODELSTOP FIVE TIPS → No. 3 Never, Ever Forget about Stakeholder Management
  18. 18. 18 MATURITY MODELSTOP FIVE TIPS → No. 2 Risk Management (Yes, I Am Repeating This on Purpose)
  19. 19. 19 MATURITY MODELSTOP FIVE TIPS → No. 1 IT IS A Project. Remember to Treat It Like One!
  20. 20. 20 A BONUS
  21. 21. 21 A BONUS
  22. 22. 22 A BONUS
  23. 23. 23 SUMMARY INNOVATIVE PROGRAMS AND DISRUPTIVE IDEAS BRING CHALLENGES Project managers can excel in this environment by: • Applying lessons learned from companies with experience, • Tapping into their entrepreneurial spirit, • Mixing the best of methodologies to maximize delivery results, • Enabling team success by good project management skills, • Attending to the business, and • Being a leader.
  24. 24. “The future is already here; it is just unevenly distributed.” William Gibson
  25. 25. 25 SUMMARY Many thanks to the following specific thought leaders and researchers whose publications helped inform this presentation: • Sara Gallagher; The Persimmon Group; Time, Risk, and Innovation: Creating Space in Your Day to Solve Meaningful Problems • Mueller, J. & Deal, J.J. Why some companies say they want to be creative but fail to produce creative products? Unpublished manuscript (2015) • Pamela Stevenson, PMP; Chief Project Office Partners; Taking Innovation to Reality – Disruptive Project Management • Lory Mitchell Wingate; Author; Project Management for Research and Development (2015)
  26. 26. 26 OPEN DISCUSSION Q & A
  27. 27. 27PMI and the PMI logo are registered marks of the Project Management Institute, Inc. tony.appleby@projectstrategy.com www.projectstrategy.com +1 800 452 7814 (US/Canada/UK) +971 5567 97000 (UAE/India) +234 1 280 9345 (Nigeria) WHO WE ARE BOUTIQUE CONSULTANCY Maturity Assessment Services Transformation Management Services  Certified Assessors  Minimum 25 Years Experience
  28. 28. 28 MATURITY MODELSMATURITY MODELS

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