The model of development of portfolio management capabilities of innovation projects (Case study: educational organizations related to the electricity industry)
Subject Areas :
1 - PhD in Executive Management, Industrial Management Organization University, Yazd, Iran
Keywords: organizational performance, capabilities development, portfolio of innovation projects, electricity industry,
Abstract :
Organizations compete in international environments and environments that are significantly uncertain and dynamic. In such environments, the advancement of technology and the reduction of the lifespan of products and services lead to their rapid obsolescence. Project portfolio management capabilities can improve innovation decisions and new product outcomes, thereby giving organizations a competitive edge. In this research, the orientation of the research is developmental-applied and in terms of the type of research, it is qualitative-exploratory. In the following, using a multiple case study and the foundational data theory method and using semi-structured and in-depth interviews, as well as reviewing related documents, focusing on a number of successful innovative companies in the field of equipment manufacturing and production in Iran's electricity industry, Data was collected and analyzed in the form of open coding, central coding and selective coding. The findings of the research indicate that the portfolio management capabilities of innovation projects can be categorized into four main components: "process", "structure", "employees" and "knowledge base". Also, based on the results of the research, the elements and components of the theoretical research model (performance improvement model) including causal conditions (organizational factors, environmental factors and project and portfolio factors), background conditions (industry platform and technology platform), intervening conditions (capabilities parent organization, project management capabilities), interaction and action strategies (use of process capabilities, structure, staff and knowledge base) and outcomes (IPPM performance and business performance) were identified. Finally, in order to validate the final model of the research, the focus group tool was used to achieve appropriate validity in this research and increase the validity of the extracted model.
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