"We feel we can compete on several fronts, because we have the squad to do it," he said. "We changed 10 players for the Europa League side last week, and then another nine players for the Carling Cup.
"So I don't think it'll impact on us too much to be involved in several competitions. It gives us the chance to blood some youngsters, and to give them opportunities.
"Okay, sometimes they get thrown in at the deep end, but that gives them experience. It can be hard, but we honestly want to remain in every competition."
Redknapp praised the depth of his squad, and emphasised the importance of being able to rotate in order to keep fitness levels high in what could prove to be a gruelling campaign.
"We go into every game wanting to win and believing we can win," he continued. "When we change the side it allows us to keep the team fresh and compete.
"I am pleased because Rafa [Van Der Vaart] and Sandro got playing time, and showed they are coming back well, which is what we want.
"And Jake Livermore and Tom Carroll were excellent in midfield, absolutely top class, which will give us more options there when they begin to mature and progress."