Core Course Innovation Session 2 PPT 2a

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RCM Corinne Grenier 1
INNOVATION STRATEGY OF 
COMPETITIVE COMPANIES AND 
ENTREPRENEURSHIP
Track Two : Management of innovating projects 
PPT 2a : general presentation of the track 
Professeur RCM : Corinne Grenier
How to read and learn the PPT
the more important PPT to compulsorily learn 
are the ones which are colored 
RCM Corinne Grenier 
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First current fact
A recent study by KPMG of 300 large companies found that 65% reported that 
their projects were grossly over budget and far behind schedule, and/or offered 
no real value to companies !
Source: James M. Barnard, 2003, Improving Business Performance Through Effective Project Management., 
ESI International
Second current fact 
More than 90% of the innovating ideas do not reach the market !
… justifying how managing innovating 
projects is of great issue for companies 
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Objectives of the track 2
Process of innovation and creativity 
Management of innovating projects
Other innovating projects management models to answer limits of the concurrent model ; the 
model of Design Oriented Organisation (Tefal model)
Management of multi projects portfolio 
Assessment of innovative projects management
Main contents/ideas of the track 2
The innovation is a complex and very high uncertain process to be managed 
There are different modes of project management and each has advantages and disadvantages 
depending of the innovation itself, the strategy of the companies, its structure as well as the nature 
and degree of competition in the market
 The composition and the management of Innovating Project Team is of great issue in the 
success of innovation, especially for respecting forecasted cost and time
Complexity and uncertainty are greater as companies manage a portfolio of innovating projects
 Companies must evaluate the progress as well as the process of innovating projects 
development (based on technical, financial, resources-based and political criteria) 
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Main concepts of the Track Two: 
 Sources of Innovation
 Notion of Innovative Project
 Management of innovative projects 
 Failure of Innovation 
 Check-list of Project evaluation Factors 
 Risks in innovation project development 
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The structure of the Track 2
 Notion of Innovating Project (see PPT 2b)
 Various models for managing innovation projects (see PPT 2c)
 Models for managing portfolio of innovation projects (see PPT 2d)
What Projects Teams are (see PPT 2e)
 Evaluation criteria of innovating projects management (see PPT 2f)