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Innovation Project Management Handbook





ISBN 9781498725712
Published February 12, 2016 by Productivity Press
266 Pages 113 B/W Illustrations

 
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Book 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

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Author(s)

Biography

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.