product iamge

Innovation Project Management: Methods, Case Studies, and Tools for Managing Innovation Projects

This document was uploaded by one of our users. The uploader already confirmed that they had the permission to publish it. If you are author/publisher or own the copyright of this documents, please report to us by using this DMCA report form.

Download
Search on Amazon

Simply click on the Download Book button.

Yes, Book downloads on Ebookily are 100% Free.

Sometimes the book is free on Amazon As well, so go ahead and hit "Search on Amazon"

INNOVATION PROJECT MANAGEMENT

ACTIONABLE TOOLS, PROCESSES, AND METRICS FOR SUCCESSFULLY MANAGING INNOVATION PROJECTS, WITH EXCLUSIVE INSIGHTS FROM WORLD-CLASS ORGANIZATIONS AROUND THE WORLD

The newly revised Second Edition of Innovation Project Management offers students and practicing professionals the tools, processes, and metrics needed to successfully manage innovation projects, providing value-based innovation project management metrics as well as guidance for how to establish a metrics management program.

The highly qualified author analyzes innovation from all sides; through this approach, Innovation Project Management breaks down traditional project management methods and explains why and how innovation projects should be managed differently.

The Second Edition includes exclusive insights from world-class organizations such as IBM, Hitachi, Repsol, Philips, Deloitte, IdeaScale, KAUST, and more. It includes six all new case studies, featuring a dive into brand management innovation from Lego. Each case study contains questions for discussion, and instructors have access to an Instructor’s Manual via the book’s companion website.

Specific ideas discussed in Innovation Project Management include:

  • Continuous versus discontinuous innovation, incremental versus radical innovation, understanding innovation differences, and incremental innovation versus new product development
  • Identifying core competencies using SWOT analysis and nondisclosure agreements, secrecy agreements, and confidentiality agreements
  • Implications and issues for project managers and innovation personnel, active listening, pitching the innovation, and cognitive biases
  • Measuring intangible assets, customer/stakeholder impact on value metrics, customer value management programs, and the relationship between project management and value

With its highly detailed and comprehensive coverage of the field, and with case studies from leading companies to show how concepts are applied in real-world situations, Innovation Project Management is a must-have title for practicing project managers, as well as students in project management, innovation, and entrepreneurship programs.

Author(s): Harold Kerzner
Edition: 2
Publisher: Wiley
Year: 2023

Language: English
Pages: 619
City: Hoboken

INNOVATION PROJECT MANAGEMENT
Contents
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
2 TYPES OF INNOVATION
Introduction
Continuous Versus Discontinuous Innovation
Incremental Versus Radical Innovation
Understanding Innovation Differences
Incremental Innovation Versus New Product Development
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
Government Innovation
Financial Innovation
Healthcare Innovation
Brand Innovation
Sustainable Innovation
Humanitarian/Social Innovation
Social Innovation in Action: Hitachi
Educational Innovation
Manufacturing Innovation
A Case Study
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
3 INNOVATION AND STRATEGIC PLANNING
Introduction
Role of the Innovation Project Manager in Strategic Planning
Role of the Portfolio PMO
Business Impact Analysis
Innovation Maturity Models
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
The Project Manager’s Role in Developing Innovation Skills and Ideas in People
Establishing a Project Selection Criteria
Project Selection Issues
Economic Evaluation of Projects
Role of the Project Manager in Project Selection
Project Selection and Politics
Project Readjustments
Project Termination
Implications and Issues for Project Managers and Innovation Personnel
4 INNOVATION TOOLS AND PROCESSES
Introduction
New Product Development
The Fuzzy Front End
Prioritizing Product Features
Line of Sight
Misalignment Issues
Risk Management
The Innovation Culture
Innovation Functional Units
Innovative Cultures and Corporate Leadership
Idea Generation
Spinoff Innovations
Understanding Reward Systems
Innovation Leadership in Action: Medtronic
IPM Skills Needed
Design Thinking
Brainstorming
Whiteboarding
Mind Maps
Active Listening
Pitching the Innovation
Cognitive Biases
Prototypes
Creativity and Innovation Fears
Innovation Governance
Corporate Innovation Governance Risks
Transformational Governance
Balanced Scorecard
Strategy Maps
Innovation Portfolio Management
Innovation Sponsorship
The Innovation Team
Virtual Versus Co-Located Innovation Teams
Artificial Intelligence and IPM
The Need for PM 2.0 and PM 3.0
Implications and Issues for Project Managers and Innovation Personnel
5 FROM TRADITIONAL TO INNOVATION PROJECT MANAGEMENT THINKING
Introduction
Information Warehouses
Innovation Planning Overview
Innovation Methodologies
Methodology Gates
Innovation Assumptions
Validating the Objectives
Differing Views of the Project
Life-Cycle Phases
Life-Cycle Costing
Work Breakdown Structure
Budgeting
Scheduling
Scope Change Control
Technology Readiness Levels
Lean Project Management: Kanban
Communication
enabling Innovation Success in Solution Design and Delivery in Healthcare Business
Innovation in Action: Dubai Customs and the Accelerated exploratory Lab
Innovation in Action: Merck KGaA, Darmstadt, Germany
Innovation in Action: Repsol
Staffing Innovation Projects
Implications and Issues for Project Managers and Innovation Personnel
6 INNOVATION MANAGEMENT SOFTWARE
Introduction
Origin and Benefits of Innovation Software
Software Innovation in Action: IdeaScale
Software Innovation in Action: Hype Innovation
Software and Open Innovation
Implications and Issues for Project Managers and Innovation Personnel
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
Measuring Intangible Assets
Customer / Stakeholder Impact on Value Metrics
Customer Value Management Programs
The Relationship between Project Management and Value
Creating an Innovation Project Management Baseline
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
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
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
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
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
Post-Failure Success Analysis
Sensemaking
The Need for New Metrics
Learning from Failure
The Failure of Success
Conclusion
Implications and Issues for Project Managers and Innovation Personnel
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 Project Management: The Case of KAUST Smart
Key Characteristic of KAUST Smart Projects (What makes KAUST Smart Projects Unique)
Recent and Ongoing Project Examples
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 Management at GEA – The Strategic Parts
Innovation in Action: Wärtsilä energy Solutions
Critical Issues
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
Case Study: Zane Corporation: Selecting an Innovation Framework
Case Study: Redstone Inc.: Understanding Innovation Cultures
Case Study: The Government Think Tank: The Failure of Crowdsourcing
Case Study: Lego: Brand Management Innovation
INDEX
EULA