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Innovation and the dynamics of capability accumulation in project-based firms.


by Bayer, Steffen^Gann, David
Innovation: Management, Policy, & Practice • Oct-Dec, 2007 • management of innovations by project management firms

SUMMARY

Project-based firms face particular difficulties in managing innovation. This paper builds on the literature on concepts of project-based firms to develop an approach to innovation management linking work acquisition, execution and learning. The conceptual framework is expressed in diagrammatic form, providing a succinct representation of the complex relationships and a starting point for analysis of the opportunities and challenges facing the management of project-based firms, including those impeding success, in particular the role of time pressures. The analysis helps to elucidate findings from prior in-depth studies of a large number of engineering and design firms. The paper also provides pointers for future research.

KEY WORDS

capabilities; innovation; project-based firms; modelling; system dynamics; learning

1. INTRODUCTION

This paper examines the relationship between project acquisition practices and innovation in project-based service organisations. Analysing project acquisition and innovation alongside project execution exposes key issues for commercial success in project-based firms (PBFs). While the acquisition of work is an essential condition for survival in the short term, innovation and the development of new capabilities are preconditions for the exploitation of new markets and the adaptation to a shifting environment. Work acquisition and innovation are closely linked within project organisations. Not only does innovation enable the acquisition of new, complex and demanding work; the acquisition of work in turn, influences the potential path of learning and innovation as learning occurs predominantly in the context of project execution. The paper highlights the way in which current practices and strategies for acquiring work relate to the development of innovative capabilities in PBFs. In this, particular attention is paid to the influence of time availability in the execution process on capability accumulation and innovation.

The paper aims to clarify the relationships between strategies for acquiring new orders, the type of work delivered, and the capability of PBFs to innovate, by drawing together existing knowledge. It builds upon results from a research project in which a system dynamic model was developed and used in a PBF to assist the management of bidding processes in order to improve the selection and delivery of innovative projects. Previously, one of the authors had conducted intensive research with a large number of PBFs in a variety of sectors (including IT, engineering, construction, architecture), focusing in particular on innovation in those organisations. Research as well as long-term consultancy relationships with companies of different sizes (from SMEs to large multinationals) allowed the identification of generic challenges facing project organisations at different levels within these organisations (from project team level to board level). Through workshops, interviews and the observation of work practices, this research resulted in a detailed understanding of how professionals in these organisations undertake work, how they are managed, and how learning from and across projects is possible. Many different PBFs encounter particular difficulties in planning and sustaining systematic learning and capability development over time within the vagaries of the project environment. The relationships and interdependencies between activities on the project and at the business level of the organisation presented particular challenges for innovation in a diverse set of PBFs.

The paper is divided into seven sections. This introductory section is followed by a literature review. Section three describes the approach taken in this work. The fourth section systematises lessons from previous research in diagrammatic form. Section five presents an analysis of the factors influencing capability accumulation and the feedback loops linking different elements of the project-based organisation, concentrating in particular on the role of time pressures. In section six, we discuss the findings and use the conceptual insights gained through this process to view the experience of project based-firms and their challenges in developing innovative capabilities in a new light. Section seven presents our conclusions, discusses the limitations of this paper and raises new questions for research and practice.

2. CAPABILITIES AND PROJECT-BASED FIRMS

The contributions of Edith Penrose (1959) and subsequent scholars employing related approaches have supported the central role that resources play in the performance of the firm. The resource-based approach investigates resources as the source of competitive advantage (Wernerfelt, 1984; Rumelt, 1984; Barney, 1986; Diericks & Cool, 1989; Montgomery & Wernerfelt, 1988; Peteraf, 1993; Mahoney & Pandian, 1992). The competence literature focuses on the ability to manage, maintain, renew and deploy resources (Prahalad & Hamel, 1990). Resources include both tangible and intangible assets and capabilities. Here they are understood as comprising assets (both tangible, such as environmental equipment, and intangible, such as contracts), and capabilities (loosely understood as the skills of the organisation). Following Winter (2003) we define organizational capabilities as high-level routines an organisation has available for producing significant outputs of a particular type. Although having the capabilities to do something does not mean that the firm actually undertakes this activity, the capability is a necessary condition for this activity (Prahalad and Hamel, 1990). Moreover, capabilities that are not exercised add to the cost-burden and are liable to decay (Winter, 2003).

While the resource-based view acknowledges the differences of firms in regard to their resource endowment (Peteraf, 1993) and concentrates on the conditions under which resources (assets and capabilities/competences) become valuable and difficult to replicate, related and subsequent contributions to the debate take a more dynamic perspective and inquire into the building and sustaining of these capabilities and in particular dynamic capabilities that 'operate to extend, modify or create ordinary capabilities' (Winter, 2003).This 'dynamic capabilities' literature stresses the crucial importance of the high-level capability to develop resources (Teece et al., 1997). The dynamic resource based view of strategy (Warren, 2002) stresses the accumulation of resources and capabilities over time as well as the impact of these dynamics on performance. This approach is of particular relevance here as it employs a similar mapping approach based on the tool set of system dynamics (Sterman, 2000) to the one suggested in this paper.

While fundamental changes in product strategy and form including capabilities can be essential in rapidly changing markets, the preservation of a degree of continuity and coherence in firms is necessary to exploit existing capabilities. (Rindova and Kotha, 2001) In the case of product development, Verona and Ravasi (2003) have suggested that dynamic capabilities are developed in a process involving knowledge creation and absorption, knowledge integration, and knowledge reconfiguration. They stress that knowledge creation and absorption are only the prerequisites for innovation, while the capability of integrating specialized dispersed knowledge trigger continuous innovation. The reconfiguration or recombination of knowledge allows then to make this continuous innovation process sustainable. Similarly, it is a theoretical and practical challenge to establish the underlying elements of stability and routine that allow PBFs to develop capabilities which provide sustainable competitive advantage in changing markets.

The current paper builds on insights provided by the literature in focusing on the resources of the project-based organisation. Our analysis is based on examination of the causal links between resources, their accumulation, depletion rates, and different work acquisition and innovation strategies. PBFs often innovate in collaboration with other organisations; clients, suppliers or project partners, rather than in isolation. Their activities draw on knowledge from sources, such as universities, which are not directly involved in the projects they carry out. A complex web of relationships underlies the innovative process, as the 5th generation of innovation models recognises (Rothwell, 1992). For the purpose of this paper we have chosen to focus on specific issues of innovation in the PBF itself--the resources and capabilities, work acquisition and innovation strategies of the firm. Setting the boundary of the study does not imply that relationships beyond this definition are unimportant for innovation in project enterprises. We restrict ourselves to studying the resources of the firm and factors under its control, because we contend that--at least in first approximation--the firm environment beyond the system boundary is not changed by the choices made within the firm, and its effect on the firm and subsequent performance is therefore not changed by the firm. The firm will, for example, through its activities not add significantly to the stock of knowledge available from external sources. This approach allows us to identify the processes and mechanisms linking work acquisition and innovation and the management levers available to the firm. It will be amongst tasks left for future study to refine these findings by putting more emphasis on changes in the firm environment.

PBFs operate in many sectors of the economy: from advertising and the creative industry, to IT, engineering and construction. The characteristics of PBFs and the environment within which they operate make it difficult for decision-makers to see the consequences of their project acquisition activities in regards to their potential to build innovative capabilities. These issues are significant because of the contribution of PBFs to the economy, and because of the desirability of improving performance of these businesses through systematic learning and innovation processes. Research into innovation in PBFs and new insights into the levers available to managers in such organisations have the potential to help these organisations and society to benefit from innovations originating within PBFs.

For many PBFs, especially those providing professional services, such as consultancy, advertising, or engineering design, capabilities are their main asset.

Innovation is particularly important, but also subject to particular challenges in PBFs. Since innovation in PBFs occurs regularly during project execution and more infrequently within dedicated R&D efforts, the nature of innovative activities in these organisations is episodic (Gann & Salter, 2000) and difficult to plan. Learning is crucially influenced by learning opportunities in projects, determined both by the nature of the work, and the resources available within project execution for innovative problem solving. The organisational context of PBFs as well as the particular characteristics of the markets within which some PBFs operate, such as the construction industry, can present challenges for carrying out innovation (Gann & Salter, 2000; Nam & Tatum, 1997).

Capabilities are accumulated on the project level and specific efforts are required to ensure the transfer of knowledge to other projects and to the organisation. A key challenge therefore is to overcome the limitation of a discontinuous learning process (Brady & Davies, 2004). Time-constraints and the lack of slack in PBFs severely constrain learning activities and innovation. The speed and focus of projects can nevertheless, lead to targeted learning, although the contribution of this accumulated knowledge at the project level to the strategic requirements of the wider organisation and its performance over time remains uncertain. Project-level knowledge must be captured and made accessible in order to be available across the organisation. The loss of valuable knowledge and obsolescence can threaten the organisational knowledge base, particularly in complex and rapidly evolving knowledge areas. The literature on knowledge management has considered some of these issues and recommended strategies and techniques for tackling them. However, time pressures as well as the relative autonomy at the project level in many organisations often act as a disincentive to the transfer of this knowledge to the organisational core. There is a challenge in linking learning within project processes to learning in core business processes in PBFs. Nam and Tatum (1997) have identified slack as a prerequisite for innovation in construction companies yet clearly, slack can also be costly and wasteful. There are also concerns that excess slack might even have negative consequences for innovation itself. In manufacturing, an inverse U-relationship between slack and innovation has been found as the result of two counterbalancing effects: while lack of slack prevents experimentation, too much slack can result in unfocused and undisciplined experimentation, not resulting in positive innovative outcomes (Nohria & Gulati, 1996).

3. APPROACH

In this paper we draw together a conceptual framework of the relationship between work acquisition and the development of innovative capabilities based on theories captured in the growing literature of PBFs. Building on the theoretical conceptualisations on aspects of the problems found in the literature, we develop a more comprehensive picture of the relationships. We synthesize the existing literature in diagrammatic form as a coherent and consistent expression of a theory. We follow the approach used by Sastry (1997) as well as Rudolph and Repenning (2002), who characterise this as a special case of grounded theory building--based not on primary empirical research, but on learning from previous theoretical conceptualisations.

The use of causal-loop diagrams and other tools from System Dynamics (Sterman, 2000) facilitates the analysis of the feedback loops in the system in which PBFs operate. This is a powerful way of examining the resistance of the system against a desired change (e.g. the development of capabilities to move into a new market) or to understand the reasons why managerial actions do not have the desired consequences. This approach also gives the opportunity to draw on findings and methods of system dynamics work in related areas such as project management (Cooper, 1980; Lyneis, 2001), innovative organisations (Saeed, 1998), innovation and diffusion (Milling, 2002), work acquisition and workload fluctuations (Bayer & Gann, 2006).

In the diagrams presented below, variables correspond to real-world phenomena, which can be operationalized and are, in principle, measurable, even if this may be more difficult for those corresponding to intangible concepts (such as reputation or capabilities). We follow the standard conventions used in causal-loop diagrams and in system dynamics (Sterman, 2000) more widely and denote causal connections with arrows. The variable at the origin of the arrow influences (possibly in conjunction with others) the variable at the head of the arrow, the + (or -) sign denotes that--all else remaining equal--a small increase in the value of the variable at the origin will result in an increase (or decrease) of the variable at the head, compared to the value it otherwise would have. In addition to these causal links, normally found in causal loop diagrams, we also distinguish state (stock, level) variables from auxiliary and flow (rate) variables. State variables are marked with a box around the variable name. This distinction is useful in the further analysis of relationships since the resources of an organisation are state variables which accumulate over time, and can therefore only indirectly be changed by changing the associated flow variables.

4. WORK ACQUISITION, WORK EXECUTION AND INNOVATION IN PBFS

In this section, a conceptualisation of the project-based organisation is further developed. This will form the basis of our analysis of the relationship between work acquisition, work execution and innovation. We begin by identifying key resources and capabilities, and then map out the effects of these resources and the factors which influence resource accumulation. Necessarily this will require a certain degree of simplification. We look at three areas in turn: work acquisition, work execution and finally, at innovation and capability building as the particular interest of this paper. By doing this we are able to construct a map of the key relationships influencing performance and behaviour of the PBF (Figure 1).

4.1 Resources and capabilities

Competitive advantage derives from the capabilities of an organisation. Resources (productive assets of the firm) working together create capabilities (what a firm can do) (Grant, 2005: 139). Following Warren (2002) we define asset stocks as including both tangible and intangible resources and capabilities. The key assets for the project-based professional services firms are considered to be its staff, knowledge, financial resources and its reputation. In order to offer new products and services, different types of capabilities have to be accumulated. These include functional and organisational capabilities, in addition to specific project capabilities such as effective bid and project management (Davies & Hobday, 2005). Capabilities are partly embodied in the staff of the organisation. Reputation, gained through successful project outcomes, is a key resource for winning new work and attracting highly skilled staff. In our analysis we will concentrate on the asset stocks reputation, capabilities, workload and financial resources (Table 1).

Divisions within a PBF, between projects, and between projects and the central organisation can be pronounced (Gann & Salter, 2000). The resources in PBFs are often not controlled centrally and considerable discretion is left to project managers and baron-like group leaders (Gann & Salter, 2003). The many interfaces which have to be considered in the management of projects result in a crucial role of negotiations and power games to reach compromises (Courpasson, 2000). This recomposition, though not abolishment of the hierarchical organisation (Clegg & Courpasson, 2004), leaves considerable scope for interpretation and negotiation of rules by project managers (Clegg, 1975).

[FIGURE 1 OMITTED]

Hobday (2000) identifies the coordination of processes, resources and capabilities across the organisation as an inherent weakness in a project-based organisation. Knowledge can be held by individuals or groups of staff and might be explicit and tacit. These characteristics will influence the permanence and accessibility of the knowledge base (Davies & Hobday, 2005).

Resources and capabilities accumulate and deplete over time. The asset stock at present is the sum of all the inflows minus all the outflows in the past (starting from its initial value). In the diagrams asset stocks are shown as boxed variables.

4.2 Work acquisition and workload

Project based firms devote substantial resources to work acquisition. For services this is particularly challenging due to the variable demand for these services, and the potentially low probability of bidding success (Gann & Salter, 2000), combined with the non-storable nature of a service. Reputation gained from previous projects is an important factor in bid success, since projects cannot be inspected before purchase. Reputation erodes over time or can be lost through high profile failures (Gann and Salter, 2000). If contracts are won they add to the stock of projects to be started and eventually to workload. As tasks are accomplished, workload reduces; workload is therefore also a stock variable (and marked with a box in the diagrams). Managing workload is important. The lessons Wheelwright and Clark (2000) drew for new product development are also relevant here: the mix and volume of projects has to be controlled as overload results in insufficient attention to be given to individual projects, prevents making use of unexpected opportunities and, importantly, impacts on capability development (Table 2).

4.3 Project execution

Capabilities enable project execution; a higher level of capabilities will result in more rapid and more successful project completion. Project execution however is not a mechanical or entirely predictable process. Projects are often very difficult to standardize and frequently run behind schedule. A sense of crisis and 'fire-fighting' is a frequent occurrence in projects and often part of the culture of PBFs. The activities of project staff --frequently in the form of individual heroics--to deal with such crises, can exacerbate the problem. The vicious work time cycle (caused by crises and constant interruptions) identified by Perlow (1999) and the under-use of beneficial project management and process innovations due to the initial time investment required (Repenning, 2002) are examples of situations where the actions to deal with time pressures decrease productivity within the organisation. Furthermore, project modelling studies from a system dynamics perspective (Cooper, 1980; Lyneis et al., 2001) have shown how time pressures lead to quality problems in execution and increased rework. Under-resourced projects result in excess rework and project overruns; the strategies to acquire new work can, exacerbated by this mechanism, result in workload fluctuations with further consequences for resource availability (Bayer & Gann, 2006). 'No project is an island': projects are history dependent and organisationally embedded open systems whose performance is influenced by their relationship to competing activities and the norms and routines of the organisation (Engwall, 2003). Overruns in time and excess resource consumption will impact other projects carried out in the organisation and constrain the resources for innovative problem solving and the time available for less pressing (but important) activities such as knowledge management (Table 3).

4.4 Innovation and capability building

Innovative problem solving in PBFs occurs mainly in the context of actual client projects and only rarely in dedicated research projects (Gann & Salter, 2003). Opportunities for systematic problem solving are very limited. Time pressure has been identified as the main factor in limiting innovative activities within PBFs, with cost and the number of projects undertaken as further barriers (Gann & Salter, 2000). The latter barrier could be explained both by its indirect effect on the time available for innovation, and by the distracting impact of the diversity of projects. Time is also required to transform experience into explicit knowledge (Schon, 1983). Innovation can be impeded by limitations in technical knowledge (Gann & Salter, 2000). The ability to build new capabilities is based on prior knowledge and experience (Penrose, 1959).

As with manufacturing, capabilities are accumulated as an organisation gains experience. However, this experiential learning curve is supplemented by capability accumulation influenced by the 'type' of projects. More complex projects present learning opportunities which are not found in standard projects (Rockart, 2003). Due to the limited role of dedicated learning activities, the accumulation of capabilities for more complex problem solving; or for problem solving in new areas, depends crucially on learning opportunities in client projects.

A balance between routine work (exploiting the accumulated capabilities) and challenging, innovative work providing learning opportunities has to be found.

Improvisation plays an important role in many projects. Projects can be unique and therefore strategic planning in advance impossible, consequently sophisticated strategies to mange them and allow for uncertainty have to be adopted (Pitsis et al., 2003). A strategy just based on improvisation without the development of routines (at least high-level routines) would not build capabilities (Winter, 2003). Learning pays of if at least elements or practices, developed as solution in a specific case through ad hoc problem solving, can be reused. Processes for translating what has been learned initially in a specific project into a repeatable solution (in order to reap economies of repetition and recombination) become therefore important (Davies & Brady, 2000). While routinization and related efforts in learning and knowledge management are likely to be beneficial, the benefits of routinization and capability accumulation need to be seen in conjunction with the cost of building and maintaining capabilities; sometimes ad hoc problem solving will be cheaper (Winter, 2003).

Whereas there are some concerns in the literature that experience with routines might impede the ability to acquire new resources or produce other products (Nelson and Winter, 1982), other studies have found that--at least in the disk drive industry--this is not necessarily the case; managers in the disk drive industry, for example, use past experience to enter new market niches; inertia generated by static experience in the past can not be detected (King and Tucci, 2002).

While individual projects draw on central resources in project execution, the building of central resources will need to draw on the knowledge accumulated on the project level (Gann & Salter, 2000). PBFs strive to ensure that the knowledge gained in a project becomes available to subsequent projects and the organisation more widely. PBFs frequently implement knowledge management systems, in order to ensure that the knowledge gained within a project becomes available to subsequent projects (Brady et al. 2002). However, this can be fraught with difficulties (Middleton, 1967; DeFillippi, 2001; Gann & Salter, 2000). The decentralised organisational structure of a PBF can provide a disincentive for knowledge capture. Putting effort into capturing knowledge and making it available to others in the organisation might not be seen as a worthwhile activity for time-constrained project teams (Table 4).

5. ANALYSIS

The causal relationships between resources and other key variables of the PBF are described in the tables above, and can be visualised as a map (see Figure 1). This map shows the many feedback loops active in a project-based organisation.

The following discussion analyses some of the main feedback loops which influence the behaviour of the PBF in regards to capability accumulation. In this analysis, we use 'time pressure' as a focusing device to select feedback loops for detailed attention. Time pressures are not only intimately intertwined with the culture of project organisations and the mode of project execution (cf. Perlow, 1999), but also a key factor in rework generation and failures of project execution (Cooper, 1980), the factor limiting the ability to innovate (Nam & Tatum, 1997; Gann & Salter, 2000) and a factor reducing knowledge capture activities (Schon, 1983).To facilitate analysis, we examine selected feedback loops separately (keeping all other variables constant) in this section before we then discuss the consequence of their interaction for managing PBFs in the next section.

1. Excessive workload results in time pressure which harms the quality of project execution. As work gets rushed more mistakes are made and more rework is required. As a consequence of the lower quality of project execution, the rate with which projects are completed is reduced. Consequently, workload is not as much reduced as it otherwise would have been. Thus, this reinforcing feedback loop counteracts the normalisation of an excessive workload level (Figure 2).

2. Time pressure prevents innovative problem solving and therefore slows the acquisition of advanced capabilities. As the stock of capabilities available is consequently lower, it will therefore take longer to complete projects. The organisation is 'too busy to think'; too busy to develop the capabilities which would help to manage the workload better (Figure 3).

[FIGURE 2 OMITTED]

3. Under time pressure, organisations neglect the capture of knowledge from projects, resulting in a loss of capabilities as project teams disperse. This is another reinforcing loop counteracting the development of capabilities which would allow the better management of workload (Figure 4).

[FIGURE 3 OMITTED]

4. More developed capabilities allow the organisation to undertake innovative problem solving which results in further capability accumulation. This is a further reinforcing feedback loop (Figure 5).

These reinforcing feedback loops are a familiar occurrence in many PBFs where fire-fighting and time famine (Perlow, 1999) are common. Reinforcing loop 3 'Too busy too capture knowledge' is exemplified by the case of the project-based division (PBD) of a pan-European company, analysed by Davies and Hobday (2005: 134) where:

despite good individual project performance, in the previous two

years the high-pressured work environment had left little space

for-formal training or staff development, either in technical or

commercial areas. It was apparent that many of the formal and

informal activities associated with organisational learning and

improvement (e.g. post-project reviews, technical mentoring and

informal communications) were not being performed. Lessons learned

from particular projects were not shared formally because there

were no structures or incentives for cross-project learning or

communications. It had become hard to learn from project to

project, leading to worries within PBD over its long-term

effectiveness.

[FIGURE 4 OMITTED]

[FIGURE 5 OMITTED]

In addition to the reinforcing feedback loops discussed above, there are also counteracting balancing loops which tend to drive workload back into equilibrium. A balancing feedback loop counteracts for example the effect of excessive workload. As the project completion rate drops (due to quality problems) the intangible resource reputation drops over time as well. This causes the company to secure less new work and workload normalises as a consequence--with the unwelcome consequence of diminished reputation (Figure 6).

This type of analysis can help to identify short-term costs (in terms of resources and potentially reputation) from taking on too great a volume of projects, or projects that are too complex, as well as the trade-offs between exploitation and exploration. Similarly, the relationship between reputation and winning more complex projects with better learning opportunities (and better access to skilled labour) or the effects of financial success on the availability of resources for learning can be investigated.

[FIGURE 6 OMITTED]

A company specializing, for example, in simple projects might rarely be able to move to highly complex projects because opportunities to acquire new skills are lacking. Both capability accumulation and reputation (which constrains winning projects and subsequently acquiring capabilities) act as barriers to rapid change. A vicious circle can result in companies remaining locked into a particular application area, or in simple and low complexity projects. Breaking out of such traps can be difficult in project-based environments if specific resources for capability development are not available and time pressures are high. Consequently, there can be different paths of evolution (e.g. high and low complexity projects) between which companies cannot easily switch.

6. DISCUSSION

The feedback loops analysed in the previous section interact with each other and with other influences laid on in the map of relationships (Figure 1). The interrelatedness makes managing such organisations difficult. Actions might have unintended consequences which often are not immediately visible. Concentrating on project execution without due regard to the consolidation of capabilities will harm the firm in the longer term. Low quality project outcomes as result of a rushed job will harm reputation.

Of particular importance is to understand the 'fit' of project level knowledge to the potentially evolving requirements of the project-based organisation. Available capabilities shape the potential to win new projects with distinctive learning opportunities. The type and complexity of a project will influence whether more experience in an area; more advanced skills within a particular knowledge domain; or knowledge in new areas can be accumulated.

Resource allocation to a project determines the scope for innovative problem-solving within such projects. The strong potential for unforeseen developments in current projects and the variability of bid success add to uncertainty in workload planning. It is typical that market demand and local decision-making determine the type, size and complexity of projects. Therefore, the scope for learning and capability accumulation is often determined by activity at the local level, rather than by planning from the centre of the organisation. This limits the extent to which capability accumulation can be managed within project-based environments through conventional hierarchical management processes. Knowledge capturing activities, whose benefit might only be reaped by future projects, and potentially by other parts of the organisation, are often of low priority for project teams.

The time shortage in project environment militates against the investment of time spent in developing solutions which consider a broader account than the current crisis. While time restricts the ability to innovate in PBFs, the risks related with excess time are less relevant in project-based environments than in manufacturing. PBFs are often under such severe time constraints that the danger that 'pet projects' and unfocused (and therefore ultimately unsuccessful) innovative activities are undertaken is small. The focus on projects and the close client relations ensure in addition that innovative activities remain concentrated and targeted.

The accumulation process of resources and capabilities introduces a strong element of history dependence: the reputation and the knowledge gained in past projects influence work acquisition, execution and learning in the present. Lock-in into particular types of projects can occur and the path of capability development can be severely constrained, significantly more so than in non-project organisations where often more substantial resources can be made available for dedicated learning not directly connected to current work. Therefore, overcoming the capability barriers for new areas of work or more complex work is difficult. PBFs are likely to be even more limited than other companies to change course and acquire radically new or far more advanced capabilities.

Work acquisition practices are the key lever to steer the course of capability development and innovation in PBFs. Current work affects the future potential to develop capabilities and skills to innovate. This limits the growth of the firm and development of its strategic resources. The type of work currently carried out is determined by the firm's approach to acquiring work and the strategic choices that are made in winning orders. This sets limits on the firm's ability to win better wo