Leading the conversation on digital connected work
Leaders must balance detailed short-term planning flexibility and strategic alignment to manage portfolios effectively. Most portfolio management platforms emphasize only one of these competencies at the expense of the other. For example, organizations striving for adaptability may stray too far from strategic goals, while organizations emphasizing strategy may be too rigid to react to near-term constraints....
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As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Ten key trends surfaced from that request with great potential for driving innovation, reshaping R&D practices, and redefining product portfolio management. The trends outlined in...
Speed in delivering high-value innovations is a critical differentiator that can make or break companies. According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 percentage points per year. As technologies evolve and disruptions become an ever-growing presence...
As the world becomes more interconnected, the impacts of disruptions to product development are now felt more widely, which means product-driven organizations need to be more responsive and adaptive in how they manage their portfolios. Fierce competition and market oversaturation are just a few challenges organizations face when struggling to bridge the gap between the...
As technology continues to advance at a rapid pace, organizational work silos are no longer viable. A growing hybrid and remote workforce has shown the need for clear communication and collaboration across teams. The dismantling of silos is especially crucial in companies that produce physical products involving cross-functional teams that need more efficient ways of...
When working with outdated systems and processes, teams across industries and functions face similar problems: duplicate work, siloed communications, no single source of truth, and a lack of tracking. This leaves companies unable to check the status of current projects and predict future work demands. One company, in particular, used to have these problems—Xtrac. Xtrac...
Disruptions to effective product development are constant but don’t need to be detrimental to an organization’s ability to deliver innovation with speed and maintain a healthy ROI. Suppose organizations make adaptability a cornerstone of their product development strategy and overall culture. That shift creates constant momentum, making it easier to adjust perspectives and see with...
What used to seem impossible is now possible for healthcare providers. Driven by accelerating technology, the Internet of Medical Things (IoMT) creates an ever-growing network of medical devices and applications that transform patient care and significantly decrease the burden on healthcare systems. The IoMT includes smart devices that provide real-time data, location, and medical monitoring....
Vehicle factory shutdowns due to a microchip shortage, an automotive CEO losing his job for software concerns, and millions of connected cars on the road. No doubt about it, Automotive Industry 4.0 is here. Technology-related issues that weren’t a concern just five or ten years ago are now top of mind as customer demands and...
