The Role of Knowledge Management in Supporting a Radical Innovation Project
- 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
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 . A company’s capacity to innovate is dependent on its capability to integrate internal processes and to understand the larger market and technological environment . 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.
Unable to display preview. Download preview PDF.