The Role of Knowledge Management in Supporting a Radical Innovation Project

  • Bernard Katz
  • Nicolaas Du Preez
Conference paper

DOI: 10.1007/978-3-540-78431-9_18

Cite this paper as:
Katz B., Du Preez N. (2008) The Role of Knowledge Management in Supporting a Radical Innovation Project. In: Bernard A., Tichkiewitch S. (eds) Methods and Tools for Effective Knowledge Life-Cycle-Management. Springer, Berlin, Heidelberg

Abstract

This chapter discusses the role Knowledge Management plays in the management of a radical innovation project. A radical innovation produces a fundamental change in the activities of a company [1]. A company’s capacity to innovate is dependent on its capability to integrate internal processes and to understand the larger market and technological environment [2]. Knowledge Management supports a company’s efforts to understand its internal and external environments. A method for managing a radical innovation project is presented. This method, called the Innovation Implementation Method (IIM) consists of a high-level structure and seven supporting concepts. This chapter highlights the aspects of the IIM which promote Knowledge Management and explains how each aspect supports the successful implementation of a radical innovation. The chapter ends with an overview of a case study in the insurance industry, where the IIM was used to implement a radical innovation project.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2008

Authors and Affiliations

  • Bernard Katz
    • 1
  • Nicolaas Du Preez
    • 2
  1. 1.Indutech (Pty) LtdStellenbosch South Africa
  2. 2.Global Competitiveness Centre (GCC), Department of Industrial EngineeringUniversity of StellenboschStellenboschSouth Africa

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