The Business of Projects
Managing Innovation in Complex Products and Systems
Andrew Davies author Michael Hobday author
Format:Paperback
Publisher:Cambridge University Press
Published:27th Oct '11
Currently unavailable, and unfortunately no date known when it will be back
This insightful work explores project management's critical role in driving strategy and innovation, making The Business of Projects indispensable for professionals and academics alike.
In The Business of Projects, readers are introduced to the essential role that project management plays in the modern business landscape. This book is particularly valuable for academics, students, and professionals who are keen on understanding how complex products and systems (CoPS) are managed within organizations. It highlights the necessity for firms to coordinate external activities while minimizing internal bureaucracy, which is crucial in today’s competitive environment.
The author delves into how projects serve as a driving force for strategy, innovation, and capability building, ultimately leading to organizational renewal. By illustrating the connection between projects and strategic objectives, The Business of Projects offers a fresh perspective on how organizations can adapt and thrive. The book emphasizes the use of projects to coordinate activities with customers and suppliers, thereby fostering a dynamic and adaptable organizational culture.
Furthermore, the book extends the resource-based view of the firm by focusing on the lessons learned from the design and production of high-value CoPS. It includes practical frameworks, management tools, and case studies from high-technology industries like telecommunications and medical devices. These examples demonstrate how projects can effectively achieve strategic goals, integrate systems, and enhance organizational learning, making this book a must-read for anyone involved in project management.
Review of the hardback: 'This book has a very important message in proposing that, for many firms, project competence is a major precondition for competitive advantage. Building on a multitude of solid empirical studies within the COPS research programme, Davies and Hobday demonstrate convincingly the vital role of projects as a means of stimulating flexibility and effecting innovation. They present a comprehensive framework that accounts for the wider significance of projects for innovation and business strategy. For students within business and technology, as well as for managers, this book is a must read!' Lars Lindkvist Professor of Business Administration, Linköping University, Sweden
Review of the hardback: ' … a major scholarly contribution to a rethinking of the role of projects in the management literature … moves beyond the orthodox view of projects as a set of operational planning and control tools and techniques, and instead demonstrates how projects are the fulcrum for organization-wide learning, innovation and business development.' Robert DeFillippi Suffolk University Business School, Boston
Review of the hardback: 'The popularity of projects as a means for achieving competitive advantage in public and private organizations has become a well-recognized phenomenon, leading to a surge of interest in theory development and the practice of project management techniques. What has been missing, to date, is a work that places projects directly at the center of modern business practices, explaining clearly and concisely why projects are an effective means for achieving myriad organizational goals. This book addresses a critical and, until now, missing component in our understanding of the role of projects in successful business enterprises. Well-researched, provocative, and highly practical, The Business of Projects, is a welcome, and extremely timely addition to the project management literature.' Jeffrey K. Pinto Andrew Morrow and Elizabeth Lee Black Chair in Management of Technology, Sam and Irene Black School of Business
Review of the hardback: 'Since the pioneering work of Joan Woodward and Alfred Chandler in the 1960s, researchers have tried to understand the relationships between strategy, organisation and technology. Davies and Hobday show how today's complex new technologies and organizational structures have made this task even more complicated. Their answer to many of the strategic challenges posed by the new environment is the project business. This book provides a major contribution to our understanding of industrial organisation in the early 21st century.' Mark Dodgson Director, Technology and Innovation Management Centre, University of Queensland
Review of the hardback: 'This book has a very important message in proposing that, for many firms, project competence is a major precondition for competitive advantage. Building on a multitude of solid empirical studies … , Davies and Hobday demonstrate convincingly the vital role of projects as a means of stimulating flexibility and effecting innovation. They present a comprehensive framework that accounts for the wider significance of projects for innovation and business strategy. For students within business and technology, as well as for managers, this book is a must read!' Lars Lindkvist Professor of Business Administration, Linköping University, Sweden
Review of the hardback: '… this book is 'highly original' … The authors … go furher by analysing the role of projects, and the actions of managers within them, from two viewpoints: that of complex products and systems as a particular class of undertaking and their role in stimulating and effecting innovations … The book is structured to take researchers, students and managers through the field step by step … This is a well organised and clearly written book on a subject of growing importance. It provides an excellent introduction for students, researchers and project managers.' Development Policy Review
Review of the hardback: 'For the reader who wants to understand this important category of projects and the innovation and learning problems associated with project business, I truly recommend the book. I especially believe that the theoretical framework presented in the book is a welcome contribution to both the literature on management in general and to the knowledge of project management/organization/business in particular.' Jonas Söderlund School of Managment, Linköping University
ISBN: 9780521189866
Dimensions: 229mm x 152mm x 19mm
Weight: 490g
330 pages