Innovation Project:

Radical Innovation

Radical Project Management (RPM)

New Experimental Approach for the Era of Rampant Change and Increasing Complexity

 

Vadim Kotelnikov

Business Synergies Approach to Project Management

The Jazz of Innovation

10 Commandments of Innovation

Vadim Kotelnikov,personal logo


 

Managing chaotic radical innovation projects is more art than science.

  

Radical Innovation Radical Project Management Radical Innovation case studies Fuzzy Front End Specific Skills of a Radical Project Leader New-to-the-World Product Development Blue Ocean Strategy Fuzzy Logic Technology Innovation Innovation Project Management: 2 Approaches Radical Innovation and Radical Project Management

Three Types of Radical Innovation Projects1

  1. Innovations within the technology / market domains of existing business units – strengthen a firm's position with familiar markets.

  2. 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.

  3. Innovations outside a firm's current strategic context – open new and entirely unfamiliar markets.

Key Competencies of a Radical Project Manager1

Keys to Effective Radical Innovation Project Management1

  1. Set the expectations of radical innovation team members

  2. Identify and track uncertainties

  3. Develop and implement a learning plan  >>>

  4. Develop and adopt a resource acquisition strategy

  5. Manage interfaces with the mainstream organization and external partners

  6. Build project legitimacy

  7. Get the right person for the job  >>>

5 Critical Success Factors for New Ventures

By: Peter Drucker

How To Stimulate Radical Idea Generation

 

 

References:

  1. Radical Innovation, Harvard Business School

  2. Strategic Project Management, Tony Grundy and Laura Brown

  3. Relentless Growth, Christopher Meyer

  4. Transformational Leadership, ChangingMinds.org

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.

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.

The Jazz of Innovation: 11 Practice Tips

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.

Loose-Tight Leadership

The improvisational model is limited by three factors... More

Flexible Model

Project Management: 2 Approaches

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:

 

Leading a Radical Innovation Project

10 Key Project Leader Skills

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... More

Business e-Coach Simulation Game "Innovation Football"

Innovation Football (Innoball) is a breakthrough simulation game that helps innovators achieve great success in the real world.

Innoball helps you:

Business e-Coach Kore 10 Innovative Thinking Tools

Kore 10 Tools help innovators approach creation of entrepreneurial strategies and anticipation of opponents' moves more systematically. The Kore 10 Tools help also  innovation leaders and radical project managers strengthen and synergize the most important areas of innovation... More

Fuzzy Logic

Modern business and technology leaders use the managerial equivalent of fuzzy logic to address the ambiguity of the fuzzy front end... More