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How Does an Organization Change and Innovate?

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It isn’t just about math and science anymore. It’s about creativity, imagination, and, above all, innovation. Organizations cannot compete on cost alone; innovation is CEO’s #1 priority.”

-Business Week Special Report

As the above quote demonstrates, the industry trend has transitioned from the knowledge economy to the innovation economy. In our last post, we demonstrated that adaptability is the key trait for organizations to survive turbulent times. But change and innovation aren’t just a simple “choice.” Many organizations have tried to implement changes, only to see no improvements. Others have been convinced of the importance of change, but remain fearful that they’ll cause a revolution instead of an evolution. Still others have decided to focus on innovation and are left with the question: “Now what?”

This post brings good news to those organizations. There is a formal method for change (more…)

Posted in General Project Management, Project Portfolio Management, Theory | Tagged , , , , , , , , , , , , | 2 Replies

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