Project Management and Innovation, a strategic alliance

imagesAt INNOWEO, we stronlgy believe that INNOVATION and PROJECT MANAGEMENT are coming together and that respectively, they not only can but HAVE to come together in order to deliver the most value to clients and customers.

Large corporations are in a need to find new source of growth but have a lot of difficulties to embrace new entreprenarial opportunities.
Many start-ups are agile, speedy and have an innovation momentum that have no common values. However they often lack of experiences and lessons learned and are in danger when scaling their activity;

Large Coprations and Start-ups have the best opportunities when working together to address or create new businesses and innovation opportunities. In that framework, open innovation has a clear impact. Implementing organisations that are highly responsive to changes with an innovative state-of-mind is key for the future of both. Agile is part of the answer to that challenge but Start-ups culture have also very efficient tools in developing adative, reactive and shape-changing processes (lean start-up…).

Successfuly deliver, create breakthrough capabilities and build profitable partnership for the wealth and growth of all is part of the natural culture and behavior of Project management. In that senses, Project managers are  fundamental actors of the collective leadership aiming to innovation and commercialization of new products and services. Articulating their actions along the backbone of Project management know-how, Project managers are eager to set-up this innovation culture among team and organisation that is the only way to maintain companies onto growth momentum.

Strategic orientation and budget allocations that are necessary to orientate the efforts to the most promising areas while ensuring a good alignment of all projects with strategic orientations are an open door to another key knwo-how of experienced project managers: Portfolio management

Project Management and Portfolio management, together with a strong innovatiove leadership are the main « tools » to ensure growht and wealth among all partners of an innovation project.

Thanks for reading!

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