Innovation in Organizations
Innovation is significant for all business entities, the different levels to which this significance applies notwithstanding. Bringing this about also requires the implementation of features like training, incentives, and education whose roles in triggering innovation are widespread. It is however imperative that implementing such features, say the reward systems, the organizations institute proper leadership and follow carefully laid down principles considering, the ethical implications they come with. Additionally, the definition of organizations as either innovative or not depends on a variety of aspects as described in this discussion.
Innovation in Organizations
Innovation takes different shapes in organization as the nature of these business entities governs. It is however apparent that a number of factors commonly run through these organizations as triggers for innovation. Some of the features include incentives, training, and education. Terziovski (2007) indicates that education; training and advancing incentives to employees, organizations motivate their workers, providing an accelerated environment for being creative and thus enhance innovation within the organization as a whole. Education and training equips individuals with knowledge and problem solving capabilities aside from making them confident in presenting their ideas. Incentives in the form of vacations, gratitude, money etc. push workers to innovativeness by propelling them to learn new ideas and providing them with the capacity to enjoy and put to use what they learn in a real work environment. The three elements not only fuel innovation on a one-time...
Over time the disruptive innovator can control the majority of a given market. Clayton Christensen shows this through a series of extensively researched examples throughout the book. In reality the disruptive innovator will be most successful attacking the low-end of any market where the switching costs of technologies are lowest and the costs of change as perceived by customers is the lowest. At its most systemic level, this is
" The process feature revolves around "the general business process and practices that enable functional groups to operate effectively and collaborate toward a common goal - as well as a robust set of innovation methodologies and tools." Finally, the structure component has refers to the "organizational structures and supporting technologies that enable collaboration across functional lines" (Innovation Point, 2004). Otherwise put, the ophthalmologic clinic has to focus on implementing a
Innovation and Change in Organizations Entrepreneurship is commonly understood as a process of starting a new business or restoring existing organizations on the basis of the new explored opportunities. In other words, entrepreneurship is directly linked with innovations and new practices in an organization. In this regard, in the view of Katz (2003), innovation is a creative step towards formulating new ideas and practices, and implementing it through products and services
Innovation Apple Inc. Apple is a classic example for the modern business world of a company that bases a significant proportion of its strategy on innovation. Most all of its products are innovative by some measure while a few of their product offerings have been revolutionary. There are two events that have occurred recently that make an examination of Apple an especially interesting event. The first is that the co-founder and the
Innovation in recruiting, screening, interviewing and retaining top talent, necessary for company growth, has become a high priority in industries that face perennial talent shortages (Chen, Huang, 2009). Another area of innovation is in defining performance management, in addition to defining strategies for best orchestrating limited resources throughout a company (Appleby, Mavin, 2000). In traditional HRM systems this was often done by trial-and-error (Mirvis, 1997). Today through the use of
The development of Google G-Mail is one of the best-known as is the creation of Picasa and Google Scholar as well. Google's senior management team realizes that to the extent they can continually deliver new applications is the extent to which they will become a platform, not being relegated to only a search engine (Gawer, Cusumano, 2008). The development of Chrome, a Web-based operating system that can work within
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