Innovation Project Management Handbook: 1st Edition (Paperback) book cover

Innovation Project Management Handbook

1st Edition

By Dr.Gregory C. McLaughlin, Dr. William R. Kennedy

Productivity Press

244 pages | 113 B/W Illus.

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Description

Innovation Project Management Handbook provides organizational leaders and decision-makers with a cadre of agile, disciplined, and transformational tools and processes for improving innovation opportunity outcomes and achieving sustained innovation project success. The authors introduce new tools and processes developed over their decades of work in the field of innovation that assist organizations in aligning innovation opportunity decisions with their core competencies, business objectives, and strategic vision. In concert with accepted tools already in use today, you are provided a detailed description of each tool and process in an "easy to follow" format with actual application scenarios and exercises.

The handbook begins with an innovation primer and introductory discussion on how the authors evolved the original ENOVALE™ model into the N2OVATE™ methodology. An overview of how to select a project for each type of innovation opportunity is provided, followed by an in-depth, step-by-step discussion on how to implement each innovation process type.

Based on innovative outcomes, the authors identify seven unique processes, each having its own unique circumstances. This allows you to tailor the processes and associated tool-sets to the needs of your organization and situation. After selecting one of the seven processes that fit your desired innovation outcome, you simply follow the detailed process maps provided in the applicable chapter to achieve a desired outcome. In doing so, you will learn how to use, adapt, and improve the tools and techniques offered in the handbook to achieve a positive innovation outcome and add value to your organization, customers, stakeholders, and shareholders.

Table of Contents

Using the Handbook

Introduction

Innovation Primer

Defining the "Means" of Innovation

The Evolution of ENOVALE

Summary

References

Selecting an Innovation Project

Introduction

Step 1: Needs and New Ideas

Step 2: Normalize and Nominate

Step 3: Objectify

Step 4: Validate and Verify

Outcome Impact and Success Evaluation

Step 5: Alignment

Acceptance of Change

Step 6: Tabulate and Track Performance

Step 7: Execute and Evaluate

Summary

Discussion Questions

References

Building an Effective Initial Innovation Opportunity Profile

Introduction

Establish the Organization Innovation Management System

Innovation Opportunity Proposal

Overview: IOP Form

Executive Summary

Core Competencies

Sources of Innovation Opportunity

Functional Needs Assessment

Functional Solutions Analysis

Innovation Team Project Charter

Summary

Discussion Questions

Reference

New Products/Services with Existing Resources

Introduction

Evolution

New and Unique Innovation

Develop the Concept

Step 1: New and Unique

Step 2: New and Unique

Alternative Consequence Evaluation Tool

Step 3: Finalize the Design

Step 4: Verify

Step 5: Assess

Step 6: Test and Measure Performance

Step 7: Operationalize

Summary

Implementation

Summary

Discussion Questions

References

"New" Applications

Introduction

Step 1: Exploring the New Application

Step 2: Reality Check

Step 3: New Applications

Step 4: New Applications

Step 5: New Applications

Step 6: Tracking

Step 7: Release

Summary

Discussion Questions

References

A New Approach

Introduction

A New Approach—Seven Steps

Step 1: Reviewing Existing Approaches

Scoring Guide

Interpretation

Example

Step 2: Proposing New Approaches

Consequence Scale

Severity Scale

Benefit Scale

Step 3: Developing Objectives

Step 4: Validation

Step 5: Alignment and Adaptation

Step 6: Tracking Performance

Step 7: Monitor and Control

Analyzing Data

Control Chart Types and Examples

Average and Range Charts

Summary

Discussion Questions

References

Incremental Innovation: Performance below Expectations

Introduction

Step 1: Nominating and Negotiating

Step 2: Reasons and Requirements

Step 3: Operationalization

Step 4: Validation and Verification

Step 5: Adaptation and Alignment

Step 6: Track and Tie to Performance

Step 7: Establish Controls

Summary

Discussion Questions

References

Incremental Innovation: Accelerated Performance

Introduction

Scenario 2: Performance Acceleration: Aircraft Communications

Scenario: Airborne Communications Background

Technological Convergence

Incremental Innovation Process (Revisited)

Organizational Culture

Step 1: Recognize the Opportunity

Service Level Matrix Tool

Step 2: Normalizing the Opportunity

Step 3: Operationalization

Step 4: Validate

Step 5: Adapt and Align

Step 6: Track to Improvement/Performance

Step 7: Evaluate and Review

Summary

Discussion Questions

References

Innovative Change: The Art of Replacement

Introduction

Step 1: Identifying Replacement Value

Step 2: Review of Alternatives

Step 3: Evaluate Repercussions

Alternative Repercussion Effects Analysis Worksheet Tool

Step 4: Evaluate Repercussions

Step 5: Alignment

Step 6: Support the Decision

Leadership

Step 7: Implement

Summary

Discussion Questions

Reference

About the Authors

Greg McLaughlin is a managing partner at Innovation Processes and Solutions (IPS), LLC. He earned a Doctorate in Business Administration (DBA) from Nova Southeastern University, a Master of Science degree in statistics from Florida State University, and an undergraduate degree in meteorology from Florida State University. He worked for many years as a Six Sigma Senior Master Black Belt, saving organizations over $300 million. His skill set organically transitioned into developing innovation strategies, deployment, and sustained success as evidenced by the creation of the ENOVALE™ and N2OVATE™ methodologies. He maintains a leadership role in developing training, tools, books, and publications for both practitioners and scholars.

William R. "Buzz" Kennedy is an independent consultant and primary managing partner at IPS Consulting. He earned a Doctorate in Business Administration (DBA) from Capella University, a Master’s Degree in secondary education from Grand Canyon University, and a Bachelor’s Degree in business management from the University of Maryland. He is an internationally renowned award-winning organizational leader and author with over 30 years’ experience in the public and private sectors. Buzz has an extensive background in leadership and management with a proven track record of success leading world-class business strategy development, organizational culture, and change management efforts across multiple industries.

Subject Categories

BISAC Subject Codes/Headings:
BUS030000
BUSINESS & ECONOMICS / Human Resources & Personnel Management
BUS042000
BUSINESS & ECONOMICS / Management Science
BUS101000
BUSINESS & ECONOMICS / Project Management