Innovation Project Management - Harold Kerzner - E-Book

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Harold Kerzner

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Beschreibung

Actionable tools, processes and metrics for successfully managing innovation projects Conventional project management methods are oftentimes insufficient for managing innovation projects. Innovation is lost under the pre-determined scope and forecasted environments of traditional project management. There is tremendous pressure on organizations to innovate, and the project managers responsible for managing these innovation projects do not have the training or tools to do their jobs effectively. Innovation Project Management provides the tools, insights, and metrics needed to successfully manage innovation projects--helping readers identify problems in their organization, conceive elegant solutions, and, when necessary, promote changes to their organizational culture. There are several kinds of innovation--ranging from incremental changes to existing products to wholly original processes that emerge from market-disrupting new technology--that possess different characteristics and often require different tools. Best-selling author and project management expert Harold Kerzner integrates innovation, project management, and strategic planning to offer students and practicing professionals the essential tools and processes to analyze innovation from all sides. Innovation Project Management deconstructs traditional project management methods and explains why and how innovation projects should be managed differently. This invaluable resource: * Provides practical advice and actionable tools for effectively managing innovation projects * Offers value-based project management metrics and guidance on how to establish a metrics management program * Shares exclusive insights from project managers at world-class organizations such as Airbus, Boeing, Hitachi, IBM, and Siemens on how they manage innovation projects * Explores a variety of types of innovation including co-creation, value-driven, agile, open versus closed, and more * Instructors have access to PowerPoint lecture slides by chapter through the book's companion website Innovation Project Management: Methods, Case Studies, and Tools for Managing Innovation Projects is an essential text for professional project managers, corporate managers, innovation team members, as well as students in project management, innovation and entrepreneurship programs.

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Table of Contents

Cover

Preface

1 Introduction to Innovation Project Management

INTRODUCTION

DEFINITIONS FOR INNOVATION

THE BUSINESS NEED

INNOVATION LITERATURE

PROJECT MANAGEMENT LITERATURE

INNOVATION BENCHMARKING

VALUE: THE MISSING LINK

INNOVATION TARGETING

TIMELINE FOR INNOVATION TARGETING

INNOVATION IN SMALL COMPANIES

SEVEN CRITICAL DIMENSIONS FOR SCALING PROJECT MANAGEMENT INNOVATION

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

2 Types of Innovation

INTRODUCTION

INCREMENTAL VERSUS RADICAL INNOVATION

UNDERSTANDING INNOVATION DIFFERENCES

PRODUCT DEVELOPMENT INNOVATION CATEGORIES

CLOSED AND OPEN INNOVATION

CROWDSOURCING

CO-CREATION INNOVATION

OPEN INNOVATION IN ACTION: AIRBUS AND CO-CREATION PARTNERSHIPS

VALUE (OR VALUE-DRIVEN) INNOVATION

AGILE INNOVATION

AGILE INNOVATION IN ACTION: DELOITTE

AGILE INNOVATION IN ACTION: STAR ALLIANCE

GOVERNMENT INNOVATION

HUMANITARIAN/SOCIAL INNOVATION

SOCIAL INNOVATION IN ACTION: HITACHI

NONTECHNICAL INNOVATION IN ACTION

OTHER CATEGORIES OF INNOVATION

ROLE OF THE BOARD OF DIRECTORS

FINDING AN INNOVATION PROJECT SPONSOR

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

3 Innovation and Strategic Planning

INTRODUCTION

ROLE OF THE INNOVATION PROJECT MANAGER IN STRATEGIC PLANNING

ROLE OF THE PORTFOLIO PMO

TYPES OF STRATEGIES

ROLE OF INNOVATION IN STRATEGIC PLANNING

ROLE OF MARKETING IN STRATEGIC INNOVATION PLANNING

PRODUCT PORTFOLIO ANALYSIS

IDENTIFYING CORE COMPETENCIES USING SWOT ANALYSIS

INNOVATION PROJECT MANAGEMENT COMPETENCY MODELS IN ACTION: ELI LILLY

MARKETING'S INVOLVEMENT WITH INNOVATION PROJECT MANAGERS

PRODUCT LIFE CYCLES

CLASSIFICATION OF R&D PROJECTS

RESEARCH VERSUS DEVELOPMENT

THE RESEARCH AND DEVELOPMENT RATIO

OFFENSIVE VERSUS DEFENSIVE INNOVATION

MODELING THE R&D PLANNING FUNCTION

PRIORITY SETTING

CONTRACT R&D

NONDISCLOSURE AGREEMENTS, SECRECY AGREEMENTS, AND CONFIDENTIALITY AGREEMENTS

GOVERNMENT INFLUENCE

SOURCES FOR INNOVATION TECHNOLOGY

SOURCES OF IDEAS

PROJECT SELECTION ISSUES

ECONOMIC EVALUATION OF PROJECTS

PROJECT READJUSTMENTS

PROJECT TERMINATION

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

4 Innovation Tools and Processes

INTRODUCTION

NEW PRODUCT DEVELOPMENT

THE FUZZY FRONT END

LINE OF SIGHT

RISK MANAGEMENT

THE INNOVATION CULTURE

INNOVATIVE CULTURES AND CORPORATE LEADERSHIP

IDEA GENERATION

SPINOFF INNOVATIONS

UNDERSTANDING REWARD SYSTEMS

INNOVATION LEADERSHIP IN ACTION: MEDTRONIC

IPM SKILLS NEEDED

DESIGN THINKING

BRAINSTORMING

PROTOTYPES

CREATIVITY AND INNOVATION FEARS

INNOVATION GOVERNANCE

TRANSFORMATIONAL GOVERNANCE

BALANCED SCORECARD

STRATEGY MAPS

INNOVATION PORTFOLIO MANAGEMENT

INNOVATION SPONSORSHIP

THE INNOVATION TEAM

VIRTUAL VERSUS CO-LOCATED INNOVATION TEAMS

THE NEED FOR PM 2.0 AND PM 3.0

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

5 From Traditional to Innovation Project Management Thinking

INTRODUCTION

INFORMATION WAREHOUSES

INNOVATION PLANNING OVERVIEW

INNOVATION ASSUMPTIONS

VALIDATING THE OBJECTIVES

LIFE-CYCLE PHASES

WORK BREAKDOWN STRUCTURE

BUDGETING

SCHEDULING

SCOPE CHANGE CONTROL

COMMUNICATION

COMMUNICATION INNOVATION IN ACTION: ARCADIS

INNOVATION IN ACTION: NTT DATA

SOLUTION INNOVATION IN ACTION: PHILIPS BUSINESS GROUP MONITORING AND ANALYTICS AND THERAPEUTIC CARE SERVICES

INNOVATION IN ACTION: DUBAI CUSTOMS AND THE ACCELERATED EXPLORATORY LAB

INNOVATION IN ACTION: MERCK KGaA

INNOVATION IN ACTION: REPSOL

STAFFING INNOVATION PROJECTS

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

6 Innovation Management Software

INTRODUCTION

ORIGIN AND BENEFITS OF INNOVATION SOFTWARE

SOFTWARE INNOVATION IN ACTION: IDEASCALE

SOFTWARE INNOVATION IN ACTION: QMARKETS

SOFTWARE INNOVATION IN ACTION: HYPE INNOVATION

SOFTWARE AND OPEN INNOVATION

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

7 Value-Based Innovation Project Management Metrics

INTRODUCTION

VALUE OVER THE YEARS

VALUE AND LEADERSHIP

COMBINING BENEFITS AND VALUE

RECOGNIZING THE NEED FOR VALUE METRICS

THE NEED FOR EFFECTIVE MEASUREMENT TECHNIQUES

CUSTOMER/STAKEHOLDER IMPACT ON VALUE METRICS

CUSTOMER VALUE MANAGEMENT PROGRAMS

THE RELATIONSHIP BETWEEN PROJECT MANAGEMENT AND VALUE

SELECTING THE RIGHT METRICS

THE FAILURE OF TRADITIONAL METRICS AND KPIS

THE NEED FOR VALUE METRICS

CREATING VALUE METRICS

INDUSTRY EXAMPLES OF INNOVATION VALUE METRICS

ALIGNMENT TO STRATEGIC BUSINESS OBJECTIVES

METRICS FOR INNOVATION GOVERNANCE

INNOVATION METRICS IN ACTION: INNOVATIONLABS

THE DARK SIDE OF INNOVATION METRICS

ESTABLISHING A METRICS MANAGEMENT PROGRAM

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

8 Business Models

INTRODUCTION

FROM PROJECT MANAGER TO DESIGNER

BUSINESS MODELS AND VALUE

BUSINESS MODEL CHARACTERISTICS

STRATEGIC PARTNERSHIPS

BUSINESS INTELLIGENCE

SKILLS FOR THE BUSINESS MODEL INNOVATOR

BUSINESS MODEL ENHANCEMENTS

TYPES OF BUSINESS MODELS

BUSINESS MODELS AND STRATEGIC ALLIANCES

IDENTIFYING BUSINESS MODEL THREATS

BUSINESS MODEL FAILURE

BUSINESS MODELS AND LAWSUITS

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

9 Disruptive Innovation

INTRODUCTION

EARLY UNDERSTANDING OF DISRUPTION

INNOVATION AND THE BUSINESS MODEL DISRUPTION

CATEGORIES OF DISRUPTIVE INNOVATIONS

THE DARK SIDE OF DISRUPTIVE INNOVATION

USING INTEGRATED PRODUCT/PROJECT TEAMS

DISRUPTIVE INNOVATION IN ACTION

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

NOTES

10 Innovation Roadblocks

INTRODUCTION

THE FAILURE OF SUCCESS

ONE SIZE FITS ALL

INSUFFICIENT LINE OF SIGHT

FAILING TO SEARCH FOR IDEAS

SENSE OF URGENCY

WORKING WITH PRIMA DONNAS

LACK OF COLLABORATION

POLITICS

PROJECT WORKLOADS

INTELLECTUAL PROPERTY RIGHTS

NOT UNDERSTANDING THE RELATIONSHIP BETWEEN CREATIVITY AND INNOVATION

TOO MANY ASSUMPTIONS

INNOVATION FUNDING

CASH FLOW AND FINANCIAL UNCERTAINTY

CONTROL, CONTROL, AND CONTROL

ANALYSIS-PARALYSIS

INNOVATION IN ACTION: NAVIAIR

INNOVATION IN ACTION: OVERCOMING THE ROADBLOCKS

REFERENCES

NOTES

11 Defining Innovation Success and Failure

INTRODUCTION

THE BUSINESS SIDE OF TRADITIONAL PROJECT SUCCESS

DEFINING PROJECT SUCCESS: THE EARLY YEARS

REDEFINING PROJECT SUCCESS: APPROACHING THE TWENTY-FIRST CENTURY

DEGREES OF SUCCESS AND FAILURE

DEFINING SUCCESS AT THE BEGINNING OF THE PROJECT

THE ROLE OF MARKETING IN DEFINING INNOVATION SUCCESS

THE BUSINESS SIDE OF INNOVATION SUCCESS

PRIORITIZATION OF THE SUCCESS FACTORS

INNOVATION PROJECT SUCCESS AND CORE COMPETENCIES

INNOVATION PROJECT SUCCESS AND BUSINESS MODELS

CAUSES OF INNOVATION PROJECT FAILURE

IDENTIFYING THE SUCCESS AND FAILURE CRITERIA

IMPLICATIONS AND ISSUES FOR PROJECT MANAGERS AND INNOVATION PERSONNEL

REFERENCES

12 Innovation in Action

INTRODUCTION

INNOVATION IN ACTION: APPLE

INNOVATION IN ACTION: FACEBOOK

INNOVATION IN ACTION: IBM

INNOVATION IN ACTION: TEXAS INSTRUMENTS

INNOVATION IN ACTION: 3M

INNOVATION IN ACTION: MOTOROLA

INNOVATION IN ACTION: ZURICH NORTH AMERICA

INNOVATION IN ACTION: UNICEF USA

INNOVATION IN ACTION: SAMSUNG

AGILE INNOVATION IN ACTION: INTEGRATED COMPUTER SOLUTIONS, INC.

INNOVATION IN ACTION: COMAU

INNOVATION IN ACTION: TOKIO MARINE AND NICHIDO SYSTEMS

INNOVATION IN ACTION: GEA

INNOVATION IN ACTION: AIRBUS SPACE AND DEFENCE

INNOVATION IN ACTION: THYSSENKRUPP

INNOVATION IN ACTION: WÄRTSILÄ ENERGY SOLUTIONS

WORKING TOGETHER: ABC TRAINING SOFTWARE DEVELOPMENT PROJECT REVIVAL

CRITICAL ISSUES

REFERENCES

NOTES

13 Case Studies

DISNEY (A): INNOVATION PROJECT MANAGEMENT SKILLS AT DISNEY

DISNEY (B): CREATING INNOVATION: DISNEY'S HAUNTED MANSION

DISNEY (C): IMPACT OF CULTURE ON GLOBAL INNOVATION OPPORTUNITIES

DISNEY (D): THE PARTNERSHIP SIDE OF GLOBAL BUSINESS MODEL INNOVATION

CASE STUDY: BOEING 787 DREAMLINER: MANAGING INNOVATION RISKS WITH A NEW BUSINESS MODEL

CASE STUDY: THE SYDNEY AUSTRALIA OPERA HOUSE

CASE STUDY: AMPORE FAUCET COMPANY: MANAGING DIFFERENT VIEWS ON INNOVATION

CASE STUDY: THE INNOVATION SPONSORS

CASE STUDY: THE RISE, FALL, AND RESURRECTION OF IRIDIUM: WHEN AN INNOVATION BUSINESS MODEL FAILS

REFERENCES

NOTES

Index

End User License Agreement

List of Tables

Chapter 4

TABLE 4–1. DIFFERENCES BETWEEN TRADITIONAL AND INNOVATION PROJECT MANAGEMENT P...

TABLE 4–2. DIFFERENCES BETWEEN PM 1.0 AND PM 2.0

TABLE 4–3. DIFFERENCES BETWEEN PM 1.0, PM 2.0 AND PM 3.0

Chapter 5

TABLE 5–1. ASSUMPTION VALIDATION CHECKLIST

Chapter 6

TABLE 6–1. GROWTH IN THE IDEA GENERATION PROCESS

Chapter 7

TABLE 7–1. APPLICATION OF VPF TO INNOVATION PROJECT MANAGEMENT

TABLE 7–2. CHANGING VALUES

TABLE 7–3. MEASURING VALUE

TABLE 7–4. TYPICAL FINANCIAL VALUE METRICS

TABLE 7–5. PROBLEMS WITH MEASURING VALUE METRICS

TABLE 7–6. BEFORE AND AFTER CVM IMPLEMENTATION

TABLE 7–7. AUDIENCES FOR VARIOUS METRICS

TABLE 7–8. VALUE METRIC MEASUREMENT

TABLE 7–9. A VALUE METRIC WITH A REDUCTION IN FEATURES

TABLE 7–10. A VALUE METRIC WITH IMPROVED QUALITY, FEATURES, AND SAFETY

TABLE 7–11. CHANGING THE WEIGHTING FACTORS

TABLE 7–12. WEIGHTING FACTOR RANGES

TABLE 7–13. WEIGHTING FACTORS AND MEASUREMENTS

TABLE 7–14. CATEGORIES OF VALUE ATTRIBUTES

TABLE 7–15. INTERPRETATION OF ATTRIBUTES

Chapter 8

TABLE 8–1. EXAMPLES OF DISCONTINUITIES AND THEIR TRIGGERS

Chapter 9

TABLE 9–1. EFFECTIVE IPTS

TABLE 9–2. INEFFECTIVE IPTS

TABLE 9–3. EXAMPLES OF CHALLENGING ASSUMPTIONS

TABLE 9–4. DISRUPTION WINNERS AND LOSERS

Chapter 11

TABLE 11–1. SUCCESS FACTORS

TABLE 11–2. ENHANCING AND DESTROYING COMPETENCIES

Chapter 13

TABLE 13–1. CULTURAL DIFFERENCES BETWEEN JAPAN AND FRANCE

TABLE 13–2. IMPACT OF CULTURE ON THE EURO DISNEY ENTERPRISE ENVIRONMENTAL FACT...

TABLE 13–3. ATTENDANCE FIGURES FOR 2008–2013

TABLE 13–4. 2013 FORM 10-K SUPPORTING DATA

TABLE 13–5. TOKYO DISNEYLAND ATTENDANCE: 1983–1997

TABLE 13–6. 2013 ATTENDANCE FIGURES FOR SELECTED THEME PARKS

TABLE 13–7. 2017 ATTENDANCE FIGURES FOR SELECTED THEME PARKS

TABLE 13–8. COVENANTS ON THE CREDIT AGREEMENT

List of Illustrations

Chapter 1

Figure 1–1. Traditional Strategic Planning Activities.

Figure 1–2. Forms of Value.

Figure 1–3. Three Critical Interactions for Innovation.

Figure 1–4. Typical Innovation Cash Flow.

Chapter 2

Figure 2–1. Typical Types of Innovation for Products.

Figure 2–2. Role of the Co-Creation Partners.

Figure 2–3. Growth in the Importance of Value.

Figure 2–4. Our Road to Innovative Problem Solving.

Chapter 3

Figure 3–1. The BCG Model.

Figure 3–2. The GE Portfolio Classification Model.

Figure 3–3. Competitive Position.

Figure 3–4. Market Attractiveness.

Figure 3–5. The Life-Cycle Model.

Figure 3–6. Growth Life-Cycle Portfolio.

Figure 3–7. Profit Life-Cycle Portfolio.

Figure 3–8. Balanced Life-Cycle Portfolio.

Figure 3–9. Categories of Innovations.

Figure 3–10. Risk Intensity.

Figure 3–11. Positioning the Innovation Strategy.

Figure 3–12. Integrating Innovation into Strategic Planning.

Figure 3–13. Modeling the Innovation Process.

Figure 3–14. Low-Risk Coupling.

Figure 3–15. Moderate-Risk Coupling.

Figure 3–16. High-Risk Coupling.

Figure 3–17. Mortality of New Product Ideas.

Figure 3–18. Cumulative Expenditures and Time.

Figure 3–19. Illustration of a Scoring Model.

Figure 3–20. Illustration of a Checklist for Three Projects.

Figure 3–21. Illustration of a Scaling Model for One Project; Project A.

Chapter 4

Figure 4–1. The Performance Gap.

Figure 4–2. The Need For Risk Management.

Figure 4–3. Core Versus Specialized Skills.

Figure 4–4. Customer Mapping According to Needs.

Figure 4–5. IPPMO Involvement in Innovation.

Figure 4–6. Major Categories of an Innovation Team.

Chapter 5

Figure 5–1. Components of Intellectual Capital.

Figure 5–2. The Growth in Information.

Figure 5–3. Three Critical Intangible Components of Intellectual Capital.

Figure 5–4. Nontraditional Life-Cycle Phases for Innovation.

Figure 5–5. Building The Riprap.

Figure 5–6. Health Care Projects: Drivers Influence Complexity.

Figure 5–7. Health Care Projects: Complexity Levels.

Figure 5–8. Solution Projects Need Set of Services.

Figure 5–9. Solution Design and Delivery Services Need Set of Capabilities....

Figure 5–10. Solution Services Along Customer Life Cycle.

Figure 5–11. Solid Design and Delivery Framework.

Figure 5–12. Design Thinking-Led Approach.

Figure 5–13. Exploratory Lab Environment.

Figure 5–14. Accelerated Exploratory Lab Landscape.

Figure 5–15. Innovation Project Categories.

Figure 5–16. The Two Processes.

Figure 5–17. Details of the Actions Accomplished.

Figure 5–18. The Cultural Transformation: A Lean Company with New Ways of Wo...

Figure 5–19. Resource Management Issues and Outcomes.

Figure 5–20. Prioritized Resource Utilization.

Chapter 6

Figure 6–1. Innovation Management Software Process.

Chapter 7

Figure 7–1. Project Management Value Conflicts.

Figure 7–2. Shortcomings.

Figure 7–3. The Boundary Box.

Figure 7–4. Dimensions of Value.

Figure 7–5. The Value Metric/Kpi Boundary Box.

Figure 7–6. Value Points for a Boundary Box.

Figure 7–7. Project Scoring Categories.

Figure 7–8. Examples of a Project's Score.

Figure 7–9. Matching Projects to Strategic Objectives.

Figure 7–10. Benefits or Value Achieved.

Figure 7–11. The Seven Steps of the Agile Innovation Process.

Chapter 8

Figure 8–1. Critical Assumptions that have been Changed.

Figure 8–2. Typical Enterprise Resources and Core Competencies.

Chapter 10

Figure 10–1. Executive Involvement.

Figure 10–2. The Three Core Elements.

Figure 10–3. The Half Double Elements.

Figure 10–4. The Double-Entry Model.

Figure 10–5. The Potato Model.

Figure 10–6. The Design Star.

Figure 10–7. The Four Parameters of Trust.

Figure 10–8. The SCARF Model.

Figure 10–9. Components of Change Management.

Figure 10–10. Digital Training Platform.

Chapter 11

Figure 11–1. Traditional Triple Constraints.

Figure 11–2. Modified Triple Constraints.

Figure 11–3. Triple Constraints with Boundary Boxes.

Figure 11–4. Categories of Success and Failure.

Figure 11–5. The Investment Life Cycle.

Figure 11–6. Benefits of Harvesting Value Extraction.

Chapter 12

Figure 12–1. The Success Pyramid.

Figure 12–2. Agile Innovation Sprint.

Figure 12–3. The order of Understanding and the Order of Implementation.

Figure 12–4. The Pyramid of Mastery Denoting Efforts and Maturity Levels

Figure 12–5. Example Risk/Reward Evaluation.

Figure 12–6. Risk/Reward Matrix.

Figure 12–7. The Ideal Risk/Reward Portfolio.

Figure 12–8. COMAU Contract and Project Management Office.

Figure 12–9. COMAU PMO Innovation Pillars.

Figure 12–10. COMAU Project Management Digital Process & New Tools (i.e., Ag...

Figure 12–11. The Company Matrix.

Figure 12–12. Risk Management within the COMAU PMO Framework.

Figure 12–13. The COMAU Risk Management Initiative

Figure 12–14. New frontiers for Risk Management.

Figure 12–15. NEW metrics for Risk Management (PROUCT DEVELOPMENT EXAMPLE)

Figure 12–16. Stepwise approach of the Innovation Management System at the G...

Figure 12–17. The three technical aspects of GEAs innovation management syst...

Figure 12–18. The GEA Innovation Process

Figure 12–19. GEAs InnoVate Platform

Figure 12–20. GEAs decentralized Innovation Organization

Figure 12–21. BDPR Business Driven Program Roadmap: Key Principles.

Figure 12–22. Example of the BDPR Roadmap at 10 Years

Figure 12–23. thyssenkrupp's Innovation Ecosystem.

Figure 12–24. thyssenkrupp Elevator's Standard Product Development Process....

Figure 12–25. Overview of the Different Steps

Chapter 13

Figure 13–1. Typical Life-Cycle Phases.

Figure 13–2. The Invitation.

Figure 13–3. Typical Satellite Communication Architecture.

Guide

Cover

Table of Contents

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INNOVATION PROJECT MANAGEMENT

Methods, Case Studies, and Tools for Managing Innovation Projects

 

HAROLD KERZNER

 

 

 

 

 

 

 

 

 

 

 

 

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ISBN: 978-1-119-58729-3

ISBN: 978-1-119-58733-0 (ebk.)

ISBN: 978-1-119-58746-0 (ebk.)

To my wife, Jo Ellyn, for her patience, understanding and encouragement in authoring books

Preface

All companies desire growth. But without some innovations, the opportunities may be limited. And even if the firm does have a few successful innovations, failure can still occur if the company focuses on past successes without developing a culture for continuous and sustainable innovations. Today's industry leaders can become tomorrow's failures without constantly challenging results.

If continuous and sustainable innovation is to occur, then innovation leadership and project management must be married together and with a clear understanding of each other's roles. Innovation defines what we would like to do, and project management determines if it can be done. The marriage also may require that both parties learn new skills and create a corporate culture that supports idea management practices. As discussed in several of the chapters in the book, companies are developing organizational units dedicated to innovation activities and idea management.

Understanding each other's roles is the first step in making a company more innovative. This requires that the project managers and other innovation personnel understand what they do not do now but must do for long-term successful innovation. This also includes understanding the interfacing with marketing personnel and customers.

The book is broken down as follows:

Chapter 1

:

Discusses why innovation and project management are often not discussed together and some of the links that are needed to bridge innovation, project management and business strategy.

Chapter 2

:

Discusses the different types of innovation. This is essential because each type of innovation may require a different form of project management.

Chapter 3

:

Discusses how business strategy may determine the type of innovation required and links together project management with the different types of innovation.

Chapter 4

:

Discusses the tools that traditional project managers need to learn in order to manage innovation projects. Many of these tools are not discussed in traditional project management programs.

Chapter 5

:

Discusses why some of the processes used in traditional project management activities may not work within innovation projects without some degree of modification.

Chapter 6

:

Discusses the growth in innovation management software that project managers are now using in the front end of projects for idea management, alternative analyses and decision making.

Chapter 7

:

Discusses the new metrics that project managers and innovation personnel are using for the monitoring and controlling of innovation projects.

Chapter 8

:

Discusses innovations related to business models rather than products and services.

Chapter 9

:

Discussed how disruptive innovation requirements may need a completely new form of project management and the need to interface closely with the consumer marketplace.

Chapter 10

:

Discusses the roadblocks affecting the working relationship between project management and innovation.

Chapter 11

:

Discusses how some projects, including innovation activities, have degrees of success and failure rather than complete success and failure as defined by the triple constraints.

Chapter 12

:

Discusses the innovation culture that several companies have developed as well as the functional units they created to support innovation creation.

Chapter 13

:

Case studies that discuss issues with innovation.

Companies mentioned in this book include:

3M

Advanced Micro Devices

Airbus

Amazon

Apple

Arcadis

Blockbuster

Boeing

Boston Consulting Group

Comau

Daimler-Chrysler

Dell Computer

Deloitte

Dubai Customs

eBay

Eli Lilly

Facebook

FedEx

GEA

General Electric

Google

Hewlett-Packard

Hitachi

Home Depot

HYPE Innovation

IBM

IdeaScale

Implement Consulting Group

Industriens Fond

InnovationLabs

Integrated Computer Solutions

Iridium

Kodak

Lenova

Logitech

McDonalds

Medtronic

Merck KGaA

Microsoft

Motorola

Naviair

NEC

Netflix

Nike

NTT DATA

Philips

Qmarkets

Repsol

Samsung

Southwest Airlines

Star Alliance

Starbucks

Texas Instruments

thyssenkrupp

Tokio Marine & Nichido Co, Ltd.

Toyota

Toys R Us

Transmeta

UNICEF USA

Virgin

Walmart

Walt Disney

Wärtsilä

Zurich North America

The author is indebted to all the companies that were willing to share information on innovation to help better prepare the next generation of innovation project managers. Special thanks to Dr. Luigi Morsa for his input and constructive criticism throughout the preparation of this book.

Seminars, webinars, e-learning courses and workshops in innovation project management using this book are available by contacting:

Lori Milhaven, Executive Vice President, IIL

Phone: 800-325-1533 or 212-515-5121

Fax: 212-755-0777

E-mail: [email protected]

Harold KerznerInternational Institute for Learning