{"id":5200,"date":"2017-10-04T07:00:00","date_gmt":"2017-10-04T12:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=5200"},"modified":"2017-12-12T15:33:17","modified_gmt":"2017-12-12T21:33:17","slug":"step-up-product-innovation-understanding-resource-capacity","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/step-up-product-innovation-understanding-resource-capacity\/","title":{"rendered":"Step Up Product Innovation by Understanding Resource Capacity"},"content":{"rendered":"<p>Innovation is the engine that <a href=\"https:\/\/blog.planview.com\/the-secret-sauce-to-creating-innovation-capacity\/\">brings new ideas and products to market<\/a>. These great ideas can make a big difference when it comes to staying competitive and creating new\u00a0revenue streams. But knowing which ones to push and when to deliver them is the tough part. How can you innovate if you don\u2019t have the right resources available at the right time?<\/p>\n<p><a href=\"https:\/\/www.itproportal.com\/features\/5-steps-to-create-innovation-capacity\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-5202\" style=\"font-size: 17.3333px;\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2017\/10\/5-steps-to-creating-innovation-capacity-article.jpg\" alt=\"5 Steps to Creating Innovation Capacity\" width=\"373\" height=\"549\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2017\/10\/5-steps-to-creating-innovation-capacity-article.jpg 645w, https:\/\/blog.planview.com\/wp-content\/uploads\/2017\/10\/5-steps-to-creating-innovation-capacity-article-203x300.jpg 203w, https:\/\/blog.planview.com\/wp-content\/uploads\/2017\/10\/5-steps-to-creating-innovation-capacity-article-300x442.jpg 300w\" sizes=\"auto, (max-width: 373px) 100vw, 373px\" \/><\/a><\/p>\n<p>Inevitably, companies are forced to decide whether to let a concept sit on the shelf until resources are available or charge\u00a0ahead by squeezing resources into the schedule. Does\u00a0your company have visibility into the pipeline or a real-time view into capacity? In recent article \u201c<a title=\"\" href=\"https:\/\/www.itproportal.com\/features\/5-steps-to-create-innovation-capacity\/\" target=\"_blank\" rel=\"noopener\">5 Steps to Create Innovation Capacity<\/a>\u201d by David Stevens, Planview\u2019s VP EMEA and APAC Sales shares how to use the right technology and processes to overcome the battle of the already over-crowded funnel. He also shares this revealing fact:<\/p>\n<p><em>\u201cA recent study into resource management showed that 59% of organizations surveyed believe their top risk of not improving on capacity planning is the inability to complete projects on time. It is clear that organisations know the importance of effective resourcing, however, not all are aware of the additional benefits new systems can have.\u201d<\/em><\/p>\n<p>I think the main takeaway is this: By reducing a long and complicated system into a single automated process, businesses can free up employees to concentrate on developing new revenue streams. I invite you to read the article, \u201c<a title=\"\" href=\"https:\/\/www.itproportal.com\/features\/5-steps-to-create-innovation-capacity\/\" target=\"_blank\" rel=\"noopener\">5 Steps to Create Innovation Capacity,<\/a>\u201d to get the full story. I think you will find them beneficial as you fine tune your organisation\u2019s innovation and product development processes.<\/p>\n<p>I\u2019d like to hear from you. What do you think of the five steps in the article? Share by leaving a comment below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innovation is the engine that brings new ideas and products to market. These great ideas can make a big difference when it comes to staying competitive and creating new\u00a0revenue streams. But knowing which ones to push and when to deliver them is the tough part. How can you innovate if you don\u2019t have the right&#8230;<\/p>\n","protected":false},"author":86,"featured_media":5205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[36],"tags":[],"class_list":["post-5200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Understand Resource Capacity for Product Innovation- Blog | Planview<\/title>\n<meta name=\"description\" content=\"Product innovation thrives when you understand your resource capacity. 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