Reconceptualizing design risk management as a learning strategy

Pelle Lundquist Willumsen, Josef Oehmen, Sidsel Katrine Ernstsen

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    We observed how risk management (RM) is perceived to hinder radical innovation in companies. RM is perceived to kill good ideas too early before they were explored thoroughly or leads to cancellation of projects after several years of development time due to critical risks. This paper contributes an empirical investigation and show that a multitude of value propositions for RM exist, among them innovation. The paper proposes 5 practices to reconcile risk management and innovation, and reconceptualise risk management as a learning strategy that supports innovation.
    Original languageEnglish
    Title of host publicationDS 92: Proceedings of the DESIGN 2018 15th International Design Conference
    PublisherDesign Society
    Publication date2018
    ISBN (Electronic)978-953-7738-59-4
    Publication statusPublished - 2018
    EventDESIGN2018 - 15th International Design Conference - Dubrovnik, Croatia
    Duration: 21 May 201824 May 2018


    ConferenceDESIGN2018 - 15th International Design Conference
    Internet address


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