Innovation Project Management: Two Approaches
Even though the
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.
Down the road, uncertainties
influence the course of radical project development
that requires flexibility and creativity in resource and competency
acquisition, while incremental projects follow more formal and predictable
provides visibility that allows your firm pace the introduction of new
products and services,
proactive and reactive innovations. You should
the introduction of
revolutionary products with incremental improvements in
others so as to maintain a steady flow. By having a comprehensive view of
your initiatives over time, you can avoid either overwhelming or
underwhelming the marketplace...
Surprise To Win:
3 Strategies of
Incremental and Radical Innovations
comes not from doing what others do well, but from doing what others cannot do,
or cannot do as well."
~ John Kay
innovation portfolio between the immediate and the future to achieve
bottom-line results and top-line growth...
KoRe 10 Innovative
Kore 10 Tools help
anticipation of opponents' moves more
The KoRe 10 Tools help also
innovation leaders and
radical project managers strengthen and
most important areas of innovation...
To decide if their innovation portfolio has
firms assess the overall
and evolutionary initiatives.
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...
"Shun the incremental, and look for the
quantum leap," urged
the former legendary CEO of
leaders at the company. Live
but also make
‒ 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...