Project Management Part 3 - Execution and Closure - 240123
Project Management Part 3 - Execution and Closure - 240123
Source: Workforce of the future – The competing forces shaping 2030, PwC,
www.pwc.com/people
Project management vs Innovations - Friends or foes?
Idea
Idea X
Y
Idea
Z
Lateral thinking – looking at things in a new way
Cultural differences?
A team or just a group?
Norms and rules?
Values and attitudes?
To lead innovation Projects -mission impossible?
What characterize successful
innovation projects?
• An explicit time-based strategy
• Top management commitment and support
• Adequate preparation: mobilizing commitment and resources
– Project evaluation, analysis and planning strategic reference group
• Efficiency at indirect development activities
– Project control, project administration and co-ordination can account for up to 50% of
total project development time
• Adopting horizontal management style with increased decision making at
lower levels
– Reduces approval delays
• Committed project leader
– Project leadership and skills in business and technology
Source: Barth and Melin, 2018; Barbieri and Alvares, 2016; Rothwell 1994
Dominant design – important feature
for innovation projects
QWERTY
The dynamics of innovation in industry
–the case of the typewriter
Scholes (1868)
Remington (1874)
Underwood nr 5 (1899)
Product innovation
Rate of major innovation
Process innovation
Before? After?
Rate of major innovation
Losec project
Time
Organisational
1 2 3 4 5
levels
Employees in
4 13 50 92 73
Sweden
Employees in
5 15 34 65 90
Ireland
Source: Barth, 2008
Barriers to innovation development
Tangible Intangible
Lack of Planning and Lack of managerial
Strategy skills, resources,
Internal
capabilities etc.
Product
Service
System
Product(s) Service(s)
and and
Service(s) Product(s)
Product(s) Service(s)