Title :
Systematic Risk Management for the Innovative Enterprise
Author :
Strong, Ray ; Paasi, J. ; Ruoyi Zhou ; Luoma, T.
Abstract :
We present systematic decision support for innovation management. At the core of our system is a dynamically evolving risk taxonomy that we map to either qualitative or quantitative decision processes. We describe several experiments that could advance the science behind innovation management. In the context of a portfolio of potential and actual service offerings, we discuss how to spread, hedge, or mitigate risk, and how these activities constitute enterprise innovation management.
Keywords :
corporate modelling; decision support systems; innovation management; risk management; innovative enterprise; risk taxonomy; systematic decision support; systematic risk management; Companies; Decision making; Ecosystems; Innovation management; Knowledge management; Portfolios; Risk management; Taxonomy; Technological innovation; Uncertainty;
Conference_Titel :
System Sciences, 2009. HICSS '09. 42nd Hawaii International Conference on
Conference_Location :
Big Island, HI
Print_ISBN :
978-0-7695-3450-3
DOI :
10.1109/HICSS.2009.414