Managing disruptive innovation timelines is a constant challenge. How do you align stakeholder expectations?
Navigating the unpredictable nature of disruptive innovation requires setting clear and realistic expectations with stakeholders. Here's how you can achieve alignment:
What strategies have worked for you in managing stakeholder expectations?
Managing disruptive innovation timelines is a constant challenge. How do you align stakeholder expectations?
Navigating the unpredictable nature of disruptive innovation requires setting clear and realistic expectations with stakeholders. Here's how you can achieve alignment:
What strategies have worked for you in managing stakeholder expectations?
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Em linhas gerais, o alinhamento de expectativas é fundamental em qualquer iniciativa que contemple entregas e atendimento de necessidades, o que demanda pleno gerenciamento dos recursos disponíveis, comunicação assertiva e eficiência de resultados. Quando relacionado a movimentos de inovação, quanto mais colaborativo e inclusivo, maior a tolerância, pois de forma clara e objetiva se tem conhecimento de elementos como complexidade e criticidade.
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Managing disruptive innovation is challenging, but aligning stakeholder expectations is key. Start by setting realistic milestones and communicating uncertainties early. Stay agile—gather feedback, improve iteratively, and avoid overcommitting. Consider stakeholders, investors seek returns, customers need usability, and teams require clarity. Honest, frequent updates help—transparency builds trust and keeps stakeholders engaged. Tesla faced delays but aligned stakeholders through progressive updates and small wins. Disruptive innovation isn’t linear—balancing vision with feasibility is crucial. Embrace the chaos, adapt relentlessly, and push forward—those who dare to disrupt are the ones who redefine the future!
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No executive will wait +3 years to see results...You must design a strategy that secures the delivery of quick wins. This quick wins come from the core innovation layer and generates income/savings. While this is happening, you are investing resources on the transformational/disruptive innovation layer. Therefore, innovation departments should always balance their project portfolio.
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Managing stakeholder expectations in disruptive innovation requires a balance of transparency and adaptability. I prioritize clear, frequent communication, ensuring stakeholders stay informed about progress, challenges, and potential pivots. Setting realistic milestones is crucial—I break projects into manageable phases, allowing for flexibility while keeping expectations grounded. Early stakeholder engagement is another key strategy; involving them in the planning process fosters trust and ensures alignment from the start. I also manage uncertainty by framing challenges as opportunities for learning and growth. When stakeholders understand both risks and potential rewards, they are more likely to support bold, innovative moves.
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A good question where you put the timeline expectation on a PERT chart. You will have CPM which is the longest chain and you cannot reduce it below that. Discuss with the stake holders on realistic time frame and actions needed To balance the load Effort bring down CPM and Stake holders support and influence, Work out for multiple actions and for sure out of many options there. Frequent interaction will help to keep the stakeholders while we travel towards the end of the project. A team up with all influencers at the beginning will reduce the preparatory time With the right analysis of data. Fix the issues at right moment. Always focus on the end in mind before you start an activity and once done You are on the right track.
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