Criteria to evaluate the Innovation Risks

KarinLackner Monday, May 26, 2014 - 16:34

After the Project definition and concept development another GO/STOP-decision is necessary. Here are the main criteria to evaluate the Innovation risk.

 

R1. Technological Uncertainty

- Level of technology

- Quality demand

- Complexity

 

R2. Feasibility/ Time-to-Market

- Competition

- Market Uncertainty

- Know-How

 

R3. Feasibility (within your organisation)

- Competition to other products/processes

- Uncertainty of internal impact

- Internal competences

 

R4. Economic Uncertainty

- Risk of ROI

- Disposability of resources

 

Example

Innovation Risk

1

2

3

4

5

6

7

8

9

10

R1

 

 

 

 

 

 

x

 

 

 

R2

 

 

 

 

x

 

 

 

 

 

R3

 

 

 

x

 

 

 

 

 

 

R4

 

 

 

 

 

 

x

 

 

 

Average = 6

 

Source: ZPT-Workshopreihe zu Innovationsmanagement

www.zpt.de/zpt/Integrale?SID=CRAWLER&MODULE=Frontend.Media&ACTION=ViewMediaObject&Media.PK=776&Media.Object.ObjectType=full