Reconceptualizing design risk management as a learning strategy

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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
Pages2529-2540
ISBN (Electronic)978-953-7738-59-4
DOIs
Publication statusPublished - 2018
EventDESIGN2018 - 15th International Design Conference - Dubrovnik, Croatia
Duration: 21 May 201824 May 2018
http://www.designconference.org/

Conference

ConferenceDESIGN2018 - 15th International Design Conference
CountryCroatia
CityDubrovnik
Period21/05/201824/05/2018
Internet address
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