How can you manage conflicting priorities during innovation and transformation?

Innovation and transformation are essential for any business that wants to stay competitive and relevant in the changing market. However, they also come with many challenges, such as balancing the needs and expectations of different stakeholders, managing the risks and uncertainties involved, and ensuring the alignment and integration of the new solutions with the existing ones. How can you manage conflicting priorities during innovation and transformation? Here are some tips to help you navigate this complex and dynamic process.

1 Understand the context

Before you start any innovation or transformation project, you need to understand the context in which you are operating. This includes the vision, goals, and strategy of your organization, the needs and preferences of your customers, the capabilities and constraints of your resources, and the opportunities and threats of your environment. By analyzing the context, you can identify the main drivers and barriers for innovation and transformation, as well as the key stakeholders and their interests and expectations.

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Pierre Montersino

A Strategic AI and Transformation expert, a Programme game changer and CIO with extensive knowledge of AI & Gen AI, M&A, ERP, Cloud Solutions and Change Management with a passion in delivering Business & IT Excellence
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To manage conflicting priorities during innovation and transformation: 1. Define strategic objectives clearly. 2. Prioritise initiatives with high impact on those objectives. 3. Establish a framework for decision-making considering impact, feasibility, resources. 4. Engage stakeholders from various departments for diverse perspectives. 5. Communicate priorities and progress clearly and regularly. 6. Be adaptable to changing market and internal conditions. 7. Measure & evaluate performance of initiatives, adjust as needed. By following these key points, the team can drive successful innovation and transformation that is aligned with the business's strategic goals.

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2 Define the scope and value

Once you have a clear understanding of the context, you need to define the scope and value of your innovation or transformation project. This means specifying what you want to achieve, how you will measure your success, and why it is important for your organization and your customers. By defining the scope and value, you can communicate the purpose and benefits of your project, as well as the boundaries and assumptions that guide your decisions.

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3 Prioritize the requirements

After you have defined the scope and value of your project, you need to prioritize the requirements that will shape your solution. This means identifying and evaluating the features, functions, and attributes that your solution must have, should have, could have, or won't have. By prioritizing the requirements, you can focus on the most critical and valuable aspects of your solution, as well as manage the trade-offs and compromises that may arise during the development process.

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4 Plan the approach

When you have prioritized the requirements of your project, you need to plan the approach that will enable you to deliver your solution. This means choosing the methods, tools, techniques, and practices that will support your innovation or transformation process, such as design thinking, agile, lean, or waterfall. By planning the approach, you can define the roles and responsibilities of your team, the phases and milestones of your project, and the deliverables and feedback mechanisms that will ensure quality and alignment.

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5 Manage the change

As you execute your project, you need to manage the change that your innovation or transformation will bring to your organization and your customers. This means anticipating and addressing the impacts, risks, and issues that may arise during and after the implementation of your solution, such as resistance, confusion, or disruption. By managing the change, you can facilitate the adoption and adaptation of your solution, as well as monitor and evaluate its performance and outcomes.

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6 Learn and improve

Finally, you need to learn and improve from your innovation or transformation project. This means collecting and analyzing the data, feedback, and lessons that you have gathered throughout the process, as well as identifying the gaps, opportunities, and recommendations for future improvement. By learning and improving, you can enhance your capabilities and competencies as a business architect, as well as increase the value and impact of your innovation and transformation initiatives.

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7 Hereâ€™s what else to consider

This is a space to share examples, stories, or insights that donâ€™t fit into any of the previous sections. What else would you like to add?

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How can you manage conflicting priorities during innovation and transformation?

1

2

3

4

5

6

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1 Understand the context

2 Define the scope and value

3 Prioritize the requirements

4 Plan the approach

5 Manage the change

6 Learn and improve

7 Hereâ€™s what else to consider

Business Architecture

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Directory

How can you manage conflicting priorities during innovation and transformation?

1

2

3

4

5

6

7

1 Understand the context

2 Define the scope and value

3 Prioritize the requirements

4 Plan the approach

5 Manage the change

6 Learn and improve

7 Hereâ€™s what else to consider

Business Architecture

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