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.

 


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