Managing innovation portfolios: From project selection to portfolio design
“The example highlights the necessity and value of innovation portfolio management with effective resource allocation and innovation strategy support.”
Page 22022
Good general quote for linking portfolio management to strategy and resource allocation.
innovation strategyportfolio managementresource allocationstrategic support
Source:
Si, H., Kavadias, S., & Loch, C. (2022)
Managing innovation portfolios: From project selection to portfolio design
“Senior executives rarely killed projects.”
Page 22022
Useful for explaining escalation of commitment and why organizations struggle to terminate weak innovation projects.
decision biasescalation of commitmentgovernanceproject termination
Source:
Si, H., Kavadias, S., & Loch, C. (2022)
Managing innovation portfolios: From project selection to portfolio design
“Too many small projects in the portfolio limited the value generated.”
Page 22022
Useful for discussing portfolio overload and why spreading resources across too many weak projects can reduce impact.
Managing innovation portfolios: From project selection to portfolio design
“The creation or assembly of initiatives that cover the strategic innovation goals of the organization, in other words, portfolio design as a creative process, has been neglected.”
Page 12022
Use this as the central quote for the paper’s main argument: portfolio management should be about designing a coherent portfolio, not only selecting projects.