Vulcan - Leading with Innovation: Program Resources

Unit 6: Reactive Innovation: Leading in a Crisis Faculty: Dr. Al Segars

Introduction: What happens when a routine project becomes extraordinary?

• Projects can turn into a crisis. • Example: Apollo 13 Space Flight.

Apollo 13 Example

Three Dimensions of Risk: • Three dimensions can help categorize the riskiness of any project: o Structure o Experience o Scope • The team works to bring structure to the problem. • Reduce the scope by breaking the project down into pieces.

• Gather new technical know-how. • Don’t manage all projects equally. • Turn high-risk projects into low-risk ones.

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