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In addition to research papers, the Design Society is developing several valuable resources for those interested in the study of design. These include a repository of PhD theses, a library of case studies and transcripts of design activities, and an archive of our newsletters. Please note that these resources are accessible exclusively to Design Society members.

RECONCEPTUALIZING DESIGN RISK MANAGEMENT AS A LEARNING STRATEGY

Willumsen, Pelle Lundquist; Oehmen, Josef; Ernstsen, Sidsel Katrine

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Type:
Papers
DS 92: Proceedings of the DESIGN 2018 15th International Design Conference
Year:
2018
Editor:
Marjanović D., Štorga M., Škec S., Bojčetić N., Pavković N.
Author:
Willumsen, Pelle Lundquist; Oehmen, Josef; Ernstsen, Sidsel Katrine
Series:
DESIGN
Section:
DESIGN EDUCATION
Page(s):
2529-2540
DOI number:
https://doi.org/10.21278/idc.2018.0224
Abstract:
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.
Keywords:
risk management, innovation management, systems engineering (SE), product development
DESIGN 2018 - 15th International Design Conference
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