AIRC Perspectives

Managing Portfolios in an Environment of Dynamic Requirements and Uncertainty

April 2022

AUTHORS: William B. Rouse1, Dinesh Verma2, Thomas A. McDermott, Jr.2, and Philip S. Antón2
GEORGETOWN UNIVERSITY 1, STEVENS INSTITUTE OF TECHNOLOGY 2

Organizations would like to have the flexibility and agility to address the uncertainty of both needs and technologies that results from challenges related to performance, organizational experience, supply chains, etc. This perspective paper outlines and illustrates new ways of thinking and allocating resources that organizations can adopt to address these challenges.

CHALLENGES TO INNOVATION TRANSITION:
The Valley of Death Results from More Than a Lack of Flexible Funding

March 2022

AUTHOR: Philip S. Antón
STEVENS INSTITUTE OF TECHNOLOGY

Innovation is appealing and attractive, but it is a difficult and risky business. The Department of Defense (DoD) and the commercial sector have long struggled with transitioning and fielding innovative concepts and systems to operational use. Data show that very few innovations are successfully fielded. To tackle innovation, the DoD and its partners have created a range of organizations to pursue and apply innovative concepts.