Radica vs. Incremental Innovation Radical Innovation Radical Project Management Technology Innovation Uncertainties, Challenges and Solutions e-Coach for Disruptive Innopreneurs Continuous Improvement Mindset Competitive Strategies Innovation Project Management: 2 Routes Radical Innovation: Definition Radical Innovation vs Incremental Innovation

 

  Value Innovation: Yin-Yang Strategies

 

Project Management: 2 Approaches

 

Uncertainty Levels

 

Incremental

Radical   >>>

Technical

Low

High

Market

Low

High

Organizational

Low

High

Resources

Low

High

 

 

Incremental versus Radical Innovation1

 

Incremental

Radical

Business Case

Detailed plan can be developed at the beginning of the process

Business model and plan evolves through discovery-based market learning

Key Players

Formal cross-functional teams

Cross-functional individuals, informal networks

Process

Formal, phase-gate model

Informal, flexible model at early stages due to high uncertainties  formal at later stages after uncertainties have been reduced

More

 

See also:

Kaizen and Innovation  >>>

The Jazz of Innovation: 11 Guiding Principles

Loose-Tight Leadership

Incremental Innovation Projects

Incremental innovation projects, due to low levels of uncertainties, are usually follow the orderly process:

  • A potential marketable improvement to an existing product/service/process is quickly placed within a clearly defined, time-tested process designed to prove or disprove its value to the company

  • The process has organizational sponsorship, funding, and the assignment of a development team

  • Development and commercialization are directed along a formal phase-gate process

Business Synergies Approach to Project Management:

10 Key Project Leader Skills

Radical Innovation Projects

Radical innovation projects, due to high levels of uncertainties, cannot be described by this orderly process. "Even though the radical innovation life cycle includes many of the same sets of activities and decision points, the reality of managing the process is strikingly different for radical versus incremental innovation."1  >>>

General characteristics of the radical innovation life cycle:

  • long-term, highly uncertain and unpredictable

  • sporadic starts and stops, dead ends and revivals  >>>

  • nonlinear detours, recycling back through activities in response to discontinuities and setbacks

  • stochastic waxing and waning of interest and funding, key players come and go, priorities change

  • context dependent corporate culture, history, personalities, informal relations, and experience all create a mix of accelerating and retarding factors.1  >>>

Synergize Incremental and Radical Innovations

Strike a synergistic balance in your innovation portfolio between the immediate and the future to achieve bottom-line results and top-line growth... More

Business e-Coach Kore 10 Innovative Thinking Tools

Kore 10 Tools help innovators approach creation of entrepreneurial strategies and anticipation of opponents' moves more systematically. The Kore 10 Tools help also  innovation leaders and radical project managers strengthen and synergize the most important areas of innovation... More

Case Studies Silicon Valley

To decide if their innovation portfolio has enough stretch, Silicon Valley firms assess the overall balance between revolutionary and evolutionary initiatives. Corporate leaders continually ask, how much does the portfolio push the industry frontiers, and where the company will be positioned a year or two from now if it executes its innovation portfolio properly... More

3 Strategies of Market Leaders

Case Studies General Electric (GE)

"Shun the incremental, and look for the quantum leap," urged Jack Welch, the former legendary CEO of GE, other leaders at the company. Live productivity and quality, but also make surprise moves ‒ shock your rivals. Shake things up while other look on from the sidelines, sitting idly by while you knock your competitors for a loop. The three critical ingredients of the quantum leap are surprise, boldness, and shock... More

 

 

From the same bunch of the keys to Innovation Success 360     Emfographics   Success 360   Kore 10 Tips              Vadim Kotelnikov, founder of 1000ventures - personal logo  

Types of InnovationL PDR, Platform, Derivative, Incremental, Radical, Disruptive, Breakthrough

Synergize Radical and Incrfemental Innovation Market Leadership Strategies Innovation Portfolio Sustainable Growth Strategies Radical vs. Incremental Innovation Radical Innovation Vadim Kotelnikov Blue Ocean Strategy Efficiency Improvement Sustainable Profits Venture Strategies Innovation Project Management: 2 Approaches

  

 

References:

1. Radical Innovation, Harvard Business School