Evaluating Disruptive Innovation Project Management Capabilities

Mikel Zubizarreta,Jesús Cuadrado,Rafael Lizarralde,Jaione Ganzarain

doi:10.3390/su13010001

Mikel Zubizarreta, Jesús Cuadrado + Show 2 more

Open Access

https://doi.org/10.3390/su13010001

Copy DOI

Abstract

Firms must adapt to a business environment in constant flux. Economic and political factors and the constant interruption of new technologies force firms and organizations to change and to adapt, so that they are not left behind. Over recent years, the development of disruptive innovations has completely revolutionized past scenarios. These innovations break with what is already established and firms from various sectors face no choice other than to incorporate them into their project management portfolios, so as to ensure survival and business sustainability. Using MIVES methodology as its foundation, a business sustainability management model is presented in this paper for the management of disruptive innovation projects that a firm may wish to develop within a given sector. The management model is designed to facilitate disruptive innovation project management for firms within technological-industrial sectors, by assessing the sustainability of the project. The model is applied to two firms, one from the machine-tooling sector and another from the construction sector. Finally, a sensitivity analysis was performed, the results of which verified the validity and the stability of the proposed model.

Highlights

We live in a business environment in continual flux seeking business productivity, performance and innovation, which entails both internal changes and external changes
In an attempt to shed light on this research gap, the principal objective of this paper is to present a disruptive innovation project management model that will quantify the capabilities of firms from technological-industrial areas to undertake and to manage a disruptive innovation project
The concept of disruptive innovation arose from the need to define the innovations that with little or no prior warning are appearing on the market, modifying products and services and creating new business models [43]

Summary

Introduction

We live in a business environment in continual flux seeking business productivity, performance and innovation, which entails both internal changes (adaptation and adoption of new technologies, changes of organizational business culture) and external changes (clients, the market, quality requirements . . . ). We live in a business environment in continual flux seeking business productivity, performance and innovation, which entails both internal changes (adaptation and adoption of new technologies, changes of organizational business culture) and external changes ). Disruptive innovations are an important facet of these changes. In this rapidly changing and global environment there is a line of research in strategic management that has documented how challenging it is for established companies to adapt to technological disruptions initiated by new entrants [1]. The term refers to a unique type of innovation that uses technologies under development to change current performance metrics and eventually, to displace established competitors [3]. The “incumbents” can be interrupted by the “entrants” [4]

Objectives

Methods

Results

Conclusion