Strategic decision-making about technology-based projects: Development and use of a risk reference framework

Johannes I.M. Halman*, Jimme A. Keizer, Michael Song

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

This chapter describes the development and use of a risk reference framework for diagnosing risks in technology-based projects. The risk reference framework consists of 12 main risk categories and 142 connected critical innovation issues. This framework has been developed for a globally operating company in the fast moving consumer goods industry. The development has been based on data from 114 interviews with professionals in product innovation, in-depth risk analyses carried out for 8 breakthrough projects, input from a panel with experts in product innovation, and an extensive literature review. The use of the risk reference framework as an essential part of a formal risk assessment process is explained.
Original languageEnglish
Title of host publicationBringing Technology and Innovation into the Boardroom
Subtitle of host publicationStrategy, Innovation and Competences for Business Value
EditorsTh. Durland
Place of PublicationLondon
PublisherPalgrave Macmillan
Pages387-406
Number of pages20
ISBN (Electronic)9780230512771
ISBN (Print)9780333994597
DOIs
Publication statusPublished - 19 Dec 2003
Externally publishedYes

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