Project portfolio management tools and a case for open innovation

Posted by Hollie Farrahi on Feb 21, 2017

Open innovation has been gaining in popularity as a strategic initiative to drive Innovation results. Businesses previously hesitant to open themselves up are now embracing the "inside-out, outside-in" approach to feed their innovation portfolio with new ideas.    

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Topics: Innovation Process Management, PPM, Open Innovation, project portfolio management

5 must-know innovation terms in 2016

Posted by Sunil Thomas on Aug 4, 2016

1. Design Thinking

In the Batten Institute’s report, “Innovation and growth: understanding the power of design thinking,” Roger Martin, a former dean of the Rotman School of Management at the University of Toronto and the author of The Design of Business, defines design thinking: 

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Topics: Innovation Process Management, Open Innovation, Reverse Innovation, Iinnovation, Ddesign Thinking

[Infographic] Do you have what it takes to be a successful innovator?

Posted by Hollie Farrahi on Jul 21, 2016

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Topics: PLM, Innovation Process Management, Product Portfolio Management

[Webinar recap] Project portfolio management and product life cycle management

Posted by Hollie Farrahi on Jul 14, 2016

If you were not able to attend last week’s webinar on Selerant’s Innovation Process Management suite, don’t sweat it. We’re here to recap it for you. 

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Topics: Product Lifecycle Management, PLM, Innovation Process Management, PPM

How to innovate like a pro

Posted by Hollie Farrahi on Jul 6, 2016

Harness a growth-mindset and practice design thinking

The overall success of a company depends heavily on its ability to release new products that meet the specific and expressed needs of its customers.

The success of new product development and introduction (NPDI) ties directly to the initial innovation processes that begin a product's life cycle.

The Batten Institute’s report, “Innovation and growth: understanding the power of design thinking,” breaks down key psychological and market research that identify some of the most effective innovation mindsets and methodologies. Maintaining a growth-driven mindset and following best practices for design thinking while listening carefully to the needs of its customers positions a business for maximum success.

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Topics: Product Lifecycle Management, Innovation Process Management, Product Portfolio Management

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