Project Management:
Radical Innovation
Radical Project Management (RPM)
New Experimental Approach for the Era of Rampant Change and Increasing Complexity
By Vadim Kotelnikov, Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited, 1000ventures.com
"The ultimate risk is not taking a risk." – James Goldsmith
Three Types of Radical Innovation Projects1
Innovations within the technology / market domains of existing business units – strengthen a firm's position with familiar markets.
Innovations in the "white spaces" between a firm's existing businesses – serve markets that are new to the firm, but within the firm's current strategic context.
Innovations outside a firm's current strategic context – open new and entirely unfamiliar markets.
Discover Much More!
Innovation
DOs and DON'Ts of a Successful Innovator
7 Dimensions of Strategic Innovation
Entrepreneurial Creativity
Keeping Eyes Open for Inspiration
Trend Spotting Tips
10 Brainstorming Rules
The Jazz of Innovation
The Jazz of Innovation: 11 Practicing Tips
Innovation-friendly Organization
Organizing for Innovation: Organizational Models that Support Innovation
How To Transform Your Business Into an Innovative and Creative Culture
Guiding Principles To Liberate Employees from the Fear of Trying New Things
Smart Corporate Leader
3 Strategies of Market Leaders
Project Management
Ten3 Mini-Courses
Managing Radical Innovation
Strategies of Market Leaders
Why Radical Project Management (RPM)?
As radical innovation projects are characterized by higher levels of uncertainties – technical, market, and organizational, – patterns of their journey to the marketplace are unlike those in incremental innovation projects.
By: Peter Drucker
DOs
Start small – try to do one specific thing...
DON'Ts
Don't undershoot, or you will simply create an opportunity for competition... More
Improvisation-driven Radical Project Management (RPM)
The improvisation-driven model is one approach to radical innovation project management. It works well when the unknowns are high and the players are seasoned. This model doesn’t discard structure, just as there is a clear structure to good jazz. Rather than having it overlaid from the outside, though, the improvisational approach builds structure from the inside as it is needed. That’s why it requires a critical mass of experienced people to work.
The improvisational model is limited by three factors:
It’s not effective for very large projects
Passing on the learning from one initiative to another is difficult, because much of the required tacit knowledge is woven tightly into the experience of those participating.
There is very little explicit knowledge available to teach others how to do it because the process is highly tacit.3
Flexible Model
The flexible approach overlaps phases rather than functions. The power in the flexible model is that the development process and tools are explicitly designed to support this overlap. The requirements to make the flexible approach work are:
a multidisciplinary core of highly experienced “architects”
the use of frequent prototyping and simulation
high level of vendor and customer inclusion
focus.3
Leading a Radical Innovation Project
Radical project management requires:
Entrepreneurial Leadership: Entrepreneurial leadership involves instilling the confidence to think, behave and act with entrepreneurship in the interests of fully realizing the intended purpose of the organization to the beneficial growth of all stakeholders involved.
Creative Leadership: Creative leaders have a clear view of future needs and opportunities. They also understand the current problems and needs of the organization and find ways to include people in the vision.
Transformational leadership: Transformational leaders, by definition, seek to transform. When the organization does not need transforming and people are happy as they are, then such a leader will be frustrated. Like wartime leaders, however, given the right situation they come into their own and can be personally responsible for saving entire companies.
Keys to Effective Radical Innovation Project Management...
Ваш обозреватель не поддерживает встроенные рамки или он не настроен на их отображение.
Bibliography:
"Radical Innovation", Harvard Business School, 2000
"Strategic Project Management", Tony Grundy and Laura Brown, 2003
"Relentless Growth", Christopher Meyer, 1998
"Transformational Leadership," ChangingMinds.org
Map
Ranked #1
Search
Testimonials
Free Downloads
Products
SMART Learning
Training
Contact
We invented Business e-Coaching in 2001
Today, we have customers in 100+ countries!
Our customers:
Ten3 Business e-Coach, version 2008
Inventor, Author & Founder – Vadim Kotelnikov
© Vadim Kotelnikov, GIVIS