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.
|Title of host publication||Bringing Technology and Innovation into the Boardroom|
|Subtitle of host publication||Strategy, Innovation and Competences for Business Value|
|Place of Publication||London|
|Number of pages||20|
|Publication status||Published - 19 Dec 2003|