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Mark Twain |
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Baying and Baking– |
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Musings, observations, and critiques from Alex (baying) and Geoff (baking)…
Alex: So Geoff, how do you determine how many new product projects a company can manage? Geoff: No more than the number of project managers it has. Then it becomes a resource scheduling task. Alex: Should project candidates be prioritized? Geoff: Yes, and there are several ways to do it. The simplest is to design a Figure of Merit (FOM) and stack up the candidates. This is one of several techniques that should be used to guide the ultimate decision, which is a management responsibility. Alex: And I would add that the FOM is re-evaluated when capacity exists for a new start. This allows the backlog to be evaluated based on the most current data.
The May 14, 2007 cover of BusinessWeek shows an arrow with embedded text saying “This Way to Innovation.” We were particularly amused by the story, starting on page 52, describing how consultants fleece clients with mind opening exercises, ideation, and the actual use of a “poor schmo”, who somehow found himself dressed up as Innovation Man. Thank goodness the magazine ran into Arthur Levinson, chairman and CEO of Genentech. To quote Levinson and BusinessWeek, “You can make it really complicated or really simple. If you want an innovative environment, hire innovative people, listen to them tell you what they want, and do it.” Our experience is one of culture – some companies have an innovative culture and some don’t. Those that do know when and how to take risks, when to throw in the towel, and when to do whatever it takes to convert an innovative idea to a product or service.
Geoff: I just love my Mac! OS X still has Vista’s number. When are you going to switch? Alex: We’ll have more to say about Apple later. What a great innovative company. But as to OS’s, I like John Dvorak’s summation, found in the June 5, 2007 issue of PC Magazine. “Sure, OS X and Windows have been gussied up with pretty icons and lots of colors, but that’s just lipstick on a pig. The difference today between the Mac and the PC is that Mac has better lipstick.” Geoff: I like my pig better. |
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Interested in more details? Leave us a call back message now.... |
Oscar Wilde |
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© 2007 Bay and Baker LLC |
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Insanity is doing the same thing over and over again and expecting different results.
