Students' zone - Chapter summaries
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Chapter 7
Summary
The key points covered in this chapter were:
- Managing the implementation of innovations requires all the normal techniques
of effective project management augmented with some specialist
processes to control the high levels of uncertainty often encountered.
- The most important of these are the adequate appraisal and treatment of
risk and ensuring that the needs of the customer are fully reflected in the
design.
- A disciplined management process with clear review points not only helps
control and monitoring of progress but facilitates learning so that competence
in innovation management can mature over time.
- Managing multiple projects simultaneously demands extra care, especially
to avoid queuing.
- Increasingly, innovation projects involve collaboration with others and
organizations need to develop competence in doing so effectively while not
jeopardizing their strategic position.