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7 Critical Factors For Achieving Growth Through Innovation

 
 

Why are some organizations better than others meeting or exceeding their innovation goals?  

Discover how to manage innovation efforts to add business value and grow your organization.

Need help implementing an innovation process within your organization that gets the right results?

Set up a 30-minute appointment to discuss options.

 

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Thanks everyone who attended the American Society for Quality (ASQ) Baltimore Section September dinner meeting. Special thanks to Charlie Birney at Podcast Village for recording this discussion to produce a podcast. It was a pleasure and honor to keynote this discussion.

If you like this content, be sure to like it and share it with others. We hope you can use this information to implement changes within your organization.
 

Program: 7 Critical Factors For Achieving Growth Through Innovation 

Executives, leaders and investors know that managing innovation is a messy process and often an organization’s survival depends on its ability to innovate.

Getting the right results consistently from innovation efforts is a daunting challenge for most organizations. Multiple studies have found somewhere between 65-90% of new products fail for a variety of reasons. These failures are avoidable when the people making critical decisions analyze why they fail and what to do to achieve success. Experts have found that companies that have the best track records for improving their performance through innovation do things differently. They achieve growth through innovation.

You’ll learn: 

  • Why your organization needs an innovation strategy 
  • How to manage innovation initiatives to get the right results 
  • Essentials of an innovation process 
  • Simple tools to manage your organization’s innovation efforts 
  • Tips to foster innovation within your organization

This session helps you understand how to improve your organization’s performance through innovation in products, processes, and business models to achieve business growth.

Key Takeaways

  1. Implement an innovation process
  2. Build and nurture a team
  3. Solve the right market problem
  4. Test your business model
  5. Focus on customer management
  6. Develop quickly and responsibly
  7. Benchmark your performance
Product Marketing and Management Courses

These courses from the 280 Group will help you understand the product life cycle, documents, methodologies, and best practices used by exceptional product leaders. The instructor will share experiences and case studies so you can use that knowledge to become a more successful product leader.

3 Reasons Why You Should Register

  • Learn and demonstrate a thorough understanding of theoretical and practical Product Management and Marketing concepts, principles and terminology
  • Establish additional credibility with your executives, senior managers and peers 
  • Stand out from the crowd when looking for your next job opportunity
Spotlight                  
Certified Product Manager Exam Intensive Prep Course
Dates: Monday & Tuesday, Dec 5-6, 2016  
Location: Launch Workplaces, Tysons, VA  
Learn more: bit.ly/cpm1216  
Spotlight
Certified Product Marketing Manager Exam Intensive Prep Course
Dates: Wednesday & Thursday, Dec 7-8, 2016  
Location: Launch Workplaces, Tysons, VA  
Learn more: bit.ly/cpmm1216  
Contact Cynthia Petti at cynthia@280group.com for more information.

Tutorial: 3 Simple Tools To Manage Your Innovation Efforts 

As organizations mature, they often face declining growth as innovation gives way to inertia. In order to achieve consistent levels of growth throughout their lifecycle, organizations must support existing business units while still considering areas they can grow in the future. 

This tutorial identifies simple tools and rules to effectively manage your organization’s innovation efforts to implement a process to assess potential opportunities for growth without neglecting your organization’s current performance.

 

Key Takeaways

  1. Learn what innovation leaders do right
  2. Use proven tools
  3. Shape your business strategy
  4. Evolve your business model
  5. Assess results and readjust course

Project Leadership Courses 
These courses from the Project Leadership Academy will help you understand how to align project priorities with business strategic objectives. The instructors will share experiences and case studies so you can use that knowledge to become a more successful project leader.

Spotlight
Project Management Business Administration  
Understanding the bigger picture adds value when you make project-level decisions. Covers risk avoidance, the cost of money, project vs company budgets and long-range corporate goals. 


Date: Friday, Dec 9, 2016  
Location: Launch Workplaces, Gaithersburg, MD  
Learn more: bit.ly/pmba1216

Use promo code “PMIhmd8” to save $50 when you register for this course.

Additional Resources   

Here are additional resources you can access.  

Summary:    bit.ly/bldpmiss0913      
Program Slides:    bit.ly/bldpmis0913         Tutorial Slides:    bit.ly/bldpmis09132 

For Further Reading
 
Spotlight
About Hector Del Castillo

Hector Del Castillo has over 15 years of experience collaborating with executives, senior managers, and entrepreneurs to transform ideas into a great business. He’s passionate about building and marketing products customers love.  

Contact Hector if you are looking for an engaging speaker and topic for your next group meeting. Connect with Hector and let him know how he can help you shape your product leaders into a high performing product team.

Contact Hector if you are looking for an engaging speaker and topic for your next group meeting. Connect with Hector and let him know how he can help you.

To learn more about Hector, visit: www.hmdelcastillo.com, follow: @hmdelcastillo, or connect: linkd.in/hdelcastillo.  

 

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