Managing uncertainty in innovative projects: The experimentation-driven approach

 |  Login

Show simple item record

dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en Paju, Sami 2014-01-31T07:20:01Z 2014-01-31T07:20:01Z 2013
dc.description.abstract Uncertainty is an essential characteristic of the future, and in novel contexts such as innovation or the creation of new business ventures there is usually little or no precedent or experience to make accurate forecasts of the results. This creates a need for non-predictive approaches that can be used to proactively manage uncertainty. The experimentation-driven approach to innovation is presented as one such method, and this thesis examines how its use affected uncertainties in two innovative projects. A combination of case study and action research methods was used in an interventionist fashion, where two teams from a client organisation were tasked to create and develop new ideas. We instructed them on using the experimentation- driven approach and arranged weekly coaching sessions until the projects were over. To study the changes in uncertainty, an interpretive approach was used with thematic analysis as a method for analysing the data, which consisted mainly of semi- structured interviews of each team member, as well as video recordings captured during the weekly coaching sessions. The analysis of the two experimentation-driven projects demonstrates how uncertainty can be a concern even in seemingly simple and small attempts at creating something new. Furthermore, the findings of this research show that experimentation can be used to quickly learn about those uncertainties, and also to uncover unforeseen items that may have significant importance for the original ideas and concepts. This thesis was done as part of the two-year MINDexpe research project, undertaken by the MIND research group of Aalto University and funded by Tekes. en
dc.format.extent 86
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.title Managing uncertainty in innovative projects: The experimentation-driven approach en
dc.type G2 Pro gradu, diplomityö fi Kauppakorkeakoulu fi School of Business en
dc.contributor.department Johtamisen ja kansainvälisen liiketoiminnan laitos fi
dc.contributor.department Department of Management and International Business en
dc.subject.keyword experimentation
dc.subject.keyword innovation
dc.subject.keyword project management
dc.subject.keyword uncertainty
dc.identifier.urn URN:NBN:fi:aalto-201401311296
dc.type.dcmitype text en
dc.programme.major SME Business Management en
dc.programme.major Yrittäjyys ja pienyritysten johtaminen fi
dc.type.ontasot Master's thesis en
dc.type.ontasot Pro gradu tutkielma fi
dc.subject.helecon pk-yritykset
dc.subject.helecon smes
dc.subject.helecon projektit
dc.subject.helecon projects
dc.subject.helecon innovaatiot
dc.subject.helecon innovations
dc.subject.helecon epävarmuus
dc.subject.helecon uncertainty
dc.ethesisid 13483 2013-12-05
dc.location P1 I fi

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search archive

Advanced Search

article-iconSubmit a publication


My Account