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Exploring the interplay between corporate innovation, risk management and internal governance

Mini Dissertation (MBA)--University of Pretoria, 2017.

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Other Authors: Chiba, Manoj
Format: Thesis
Language:English
Published: University of Pretoria 2017
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access_status_str Open Access
author2 Chiba, Manoj
author_browse Chiba, Manoj
author_facet Chiba, Manoj
collection Thesis
dc_rights_str_mv © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2017.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2017
publishDateRange 2017
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publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/59860 Exploring the interplay between corporate innovation, risk management and internal governance Chiba, Manoj ichelp@gibs.co.za Bhima, Premal UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. Business leaders no longer question whether it is necessary to innovate but rather, which activities to pursue. While innovation is an imperative for organisations, it is inextricably linked to risk-taking and is compounded by high levels of innovation failure rates. Therefore, there is a clear requirement to understand the interplay that risk management and governance have in shaping the design of the innovation process. The aim of this research is to explore the relationship between corporate innovation management, internal governance and risk management, and to understand the dynamics between these constructs. The intention is that this contributes to the effectiveness of organisations when undertaking innovation activities by using adequate risk management and governance controls. An exploratory research method was adopted based on an inductive reasoning approach to gain insight into this interplay. Thirteen semi-structured, in-depth interviews were conducted with senior experts across six industries. The respondents had high levels of seniority, ranging from C-suite executives, managing directors and other executives, to senior managers. Thematic analysis was used to analyse the data. A conceptual integrated innovation management model was carefully formulated based on the findings to embed risk management and governance within the iterative innovation process, which is influenced by the contextual attributes. The results found that risk management and governance remain key tools to manage innovation and become more significant as the innovation evolves. This research will assist organisations in managing innovation uncertainty using adequate risk management and governance controls for improved sustainability. ms2017 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2017-04-07T13:06:05Z 2017-04-07T13:06:05Z 2017-03-30 2017 Mini Dissertation Bhima, P 2017, Exploring the interplay between corporate innovation, risk management and internal governance, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/59860> http://hdl.handle.net/2263/59860 en © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Exploring the interplay between corporate innovation, risk management and internal governance
title Exploring the interplay between corporate innovation, risk management and internal governance
title_full Exploring the interplay between corporate innovation, risk management and internal governance
title_fullStr Exploring the interplay between corporate innovation, risk management and internal governance
title_full_unstemmed Exploring the interplay between corporate innovation, risk management and internal governance
title_short Exploring the interplay between corporate innovation, risk management and internal governance
title_sort exploring the interplay between corporate innovation risk management and internal governance
topic UCTD
url http://hdl.handle.net/2263/59860