The success factors for successful skunk works
Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
Over the decades, the market competition is becoming stronger and stronger; Innovation is generally considered as one of the main drivers of growth in business field, skunk works as a form of innovation has been widely used for companies to make their business outstanding from the others and achieve sustainable development, and at the same time try to compete with the increasing number of competitors. However, due to statistics, the failure rate of skunk works projects is so high, which means it contents high risks and uncertainties. As a result, it is quite important to identify some success factors for successful skunk works.
In order to find the answer, Losec case had been used as a single case study in this thesis, consequently, team leader and leadership, team member and team working, management support, timing and manage change, opportunities and luck had been identified as important factors that will lead skunk works project to success.
Also, a framework of successful skunk works flower had been discussed in managerial implementation. Mangers can try to find a balance between the successful factors in order to achieve successful skunk works.
Place, publisher, year, edition, pages
2014. , 50 p.
skunk works, successful factors, leadership, teamwork, motivation
Economics and Business
IdentifiersURN: urn:nbn:se:hh:diva-25408OAI: oai:DiVA.org:hh-25408DiVA: diva2:718988
Subject / course
Rundquist, JonasNorr, Christer