Executing Blue Ocean Strategy with Solid Project Management

The Blue Ocean strategy framework has become popular since around 2005, on the initial publication of “Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant“, by W. Chan Kim and Renee Mauborgne. It was conceived as a way to forward execute on some of the latest thinking on innovation, particular … Read more

Pattern Recognition Techniques: from Venture Capital to PM

Pattern recognition today is a popular topic largely because pattern recognition techniques have leveraged advanced technology, such as Machine Learning and Artificial Intelligence. However, there also is very much a human side to pattern recognition, and it is applicable to developing strategies and managing projects. This post explores the value of pattern recognition, where it … Read more

The Consolidation Endgame Curve of Industry Development

Nature, industries, and companies go through stages of evolution. Many of these stages are captured in life cycles, natural processes in business development, or the increasingly agile stages of development. This post examines an interesting framework for stages of industry development, and it was built upon a mountain of empirical data. Consolidation Endgame Curve Basics … Read more

For Project Managers: What is the Definition of Innovation?

Innovation is an important topic these days simply because it is becoming critical to survival – for companies, governments, and people. Indeed, we have seen the effect on all three of the development of COVID-19 vaccines. Innovations are usually not completely new, a single stroke of genius, or just about a product. Let’s explore the … Read more

Is Design Thinking for Projects…or Strategy…or Both?

Design thinking has been around for decades, but it has taken root more deeply in recent years. As the transition to a digital economy continues, design thinking plays a role in making and keeping the customer first. It also supports shorter delivery time frames, increases chances of project success, and wards off the effects of … Read more

Create Value With the Lean Innovation Management Process

Products and services, projects, and processes all need to add value to be strategically viable. This applies regardless of the type of organization – small, medium, or large company; startup; government entity; or non-profit. Lean innovation management originated from startups, but is applicable in helping bring a startup mentality to a variety of types of … Read more

What Is the Ecosystem Strategy? What Are Benefits & Risks?

Digital technology has disrupted industries and created widespread opportunity for value creation. How can organizations find their place in this new order? What are the new strategic opportunities? In part, the answer lies in developing custom strategies and implementing projects to position the company in the appropriate business ecosystems. It goes beyond what the firm … Read more

The Gartner Hype Cycle Explained: A PM Perspective

The Gartner Hype Cycle is an interesting product with wide applicability in the digital technology world. It takes the inevitable phases of developing technology products, boils them down to a logical life cycle, and adds rigorous product research to give a valuable perspective on where products fit into the life cycle. This article covers the … Read more

Leverage the Gartner Magic Quadrant for Project Management

The Gartner Magic Quadrant is a powerful tool that can be used for multiple purposes. Some use it in the process of pursuing acquisitions. Others use it for investments. Others use it for informing their strategies for positioning software products in the marketplace, or for acquiring software products. This post provides an overview and explores … Read more

First Mover Advantage Theory: What Effects On Your Projects?

Are you are working on a situation at the initial and growth stages of a business? This post explores the opportunities, risks, and impacts of being the ‘first mover’ during the growth stage of a business. The decision to be a first mover is not clear cut, and it can just as often be advantageous … Read more