About this Presentation

This presentation provides a simple five step approach to innovation based on critical chain project management. Innovation is defined as the process of finding and profitably servicing unexpressed market needs. There are two key metrics: throughput and new product cycle time. Innovation constraints can be shared resources, facilities, markets or even policies. Guided innovation mapping is described.

What Will You Learn

To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.

Plane
The session reveals why most innovation efforts fail to scale: teams treat innovation as projects instead of flow processes, leading to fragmented work, long cycle times, and low impact.
It shows how simplification—identifying the smallest set of changes that create a new capability—reduces wasted effort and accelerates delivery of meaningful innovation outcomes.
The presentation illustrates that real innovation requires constraint-aware prioritization, focusing limited resources on opportunities with the greatest leverage and probability of success.
It emphasizes that managing innovation with structured feedback loops, rapid learning cycles, and visible progress converts uncertainty into understanding and increases organizational confidence in change.

Instructor(s)

Michael A. Dalton

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