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Creating Disruptive Innovation as an Apple Competitor
Apple continues to create an entirely new level of disruptive innovation in the areas of MP3, smartphone and tablet PCs by continually fueling new ecosystems of musical and video content while revolutionizing the hardware experience. The continual evolution of the iPad is today re-ordering the structure of the PC market and with it, enterprise computing (Apple Investor elations, 2012). Just as the iPod and iPhone are revolutionizing music delivery it is feasible to assume that that iPad and follow-on tablet PCs will also bring the same level of rapid change into enterprise computing. Apple has redefined the concept of the platform as the competitive force in stable and emerging, high growth markets (Deck, 1997). This focus on ecosystem-driven profitability however is ripe for disruptive innovation at the individual customer experience and device level. The intent of this analysis is to look…… [Read More]
It was then not the device, but the ability to selectively customize the device for a given consumers' tastes and preferences in music that mattered. The iTunes ecosystem, now responsible either directly or indirectly for nearly one out of every four dollars Apple makes, was the most powerful catalyst of disruptive innovation the tech industry has ever seen (Tariq, Ishrat, Khan, 2011). Disruptive innovation was created in the initial processes of how Apple develops products, and continues to this day in the approach they take to integrating suppliers into the process early, defining very high levels of performance for each members of the value chain as well (Dedrick, Kraemer, Linden, 2010).
What is also unique about Apple's disruptive approach to innovation is the ability to learn from one product generation and use the insights and intelligence gained for the next product. This is how Apple was able to transition so…… [Read More]
How did disruptive innovations in the industry affect Xerox? Did it adjust; and if so, how? Discuss possible sources of innovation for Xerox
Capitalism, in general is often referred to as a "Profit System." However, a more accurate term would be that of a "Profit and Loss System." Consequently, due primarily to this loss component, innovations arise. Disruptive innovations occur when an unusual industry occurrence disrupts traditional thought process. The prevailing thoughts are often found to be incongruent with market demands. As such, innovations arise which propel companies to the forefront of their respective industries. Xerox is no exception to this occurrence. Its industry was characterized with intense competition and rapidly decreasing margins. These eroding margins resulted in subpar performance for the company in regards to revenue and net income. The increased competition, particularly from Asian countries placed downward pressure on margins due primarily to low manufacturing costs. In…… [Read More]
Mobile Computing: A Disruptive Innovation Whose Time Has Come
The pervasive adoption of mobile computing devices, combined with cloud computing and the quantum gains in application software are creating a globally diverse collaborative platform. These elements taken together are deliver an exceptionally fast and pervasive level of disruptive innovation across all sociocultural and technology sectors (Bernoff, Li, 2008). The impact of this disruptive innovation is so significant that IT departments have to drastically reorder their policies in smartphones, tablet PCs and other devices that employees are using to streamline their lives (Thomson, 2012). Smartphones, tablet PCs and devices like them are becoming so pervasive today that they are considered a formable cultural and socioeconomic factor in the planning and execution of business and government strategies well into the future (Bernoff, Li, 2008).
This platform of technology is so pervasive, that it requires in-depth support to enable integration of systems to…… [Read More]
In a single day, the average person comes into contact with a range of services, products, and processes that can be categorized as forms of innovation. Furthermore, most of these innovations will differ in degree, some being radical innovations and others being merely incremental; some sustaining, others breakout, and still others viewed as disruptive innovations. This paper will analyze the different examples of innovation with which I come into contact on a daily basis, show how they are innovative, what generic lessons can be derived from them, and under what form of innovation they would be categorized.
The water purifier is a perfect form of process innovation that is often applied to product innovation: for example, it may be found within the mechanism of the refrigerator, attached to the kitchen faucet, or even inside a portable water bottle. All three provide purified water and illustrate how process innovation can…… [Read More]
In his book, Beyond the obvious: killer questions that spark game-changing innovation, Phil McKinney (2012) argues that most innovation efforts fail because the right questions are never asked -- people are taught and do not stray from the obvious. McKinney asserts that in a rapidly changing world, people ought to ask the right questions about their businesses -- they must stretch beyond the basic or usual. Indeed, asking the right questions is the heart of innovation (Berger, 2014). Asking the right questions causes a fundamental shift in how a business sees its products and customers, and the way the two interact. In addition to asking the right questions, innovation involves creating an environment that supports innovation and having the right leadership practices. These three themes constitute the focus of this paper. The paper particularly highlights important questions that drive the innovation process and the role of leadership in creating a…… [Read More]
However, by keeping apace of industry trends and consumer desires, it can be better poised to be aware of potential threats, as these are areas disruptive technologies often wish to target.
What strategies might they use when they do identify a technology that could be disruptive?
A company must remain both on the cutting edge of innovation in terms of technology in its industry, and have a clear knowledge of the needs of its customer base. Segmenting and addressing a diversity of needs that might be ripe for the targeting of new technologies is one way to remain in control of the market. Small firms, however, might be well advised to snap up and deploy such evolving technologies, as these could be potential growth opportunities in markets where they cannot have the advantage of producing on an economy of scale.… [Read More]
Innovation and Theories of Management.
Managerial Planning and Leading in Organizational Innovation
The account presented here is intended to examine the role of innovation in modern business practices. Particularly, this will be examined from the perspective of management and with a focus on the two primary management functions of Planning and Leading. The literature review hereafter considers these functions of management in direct relation to the complex questions pertaining to innovation. Primary areas of consideration are the decision-making which enters into the determination of whether to innovate or to follow market patterns; the impact of market externalities and economic cycles on this decision; and the correlation of internal factors and personnel matters on this decision. The discussion ultimately produces the finding that innovation is only suited for those firms possessing the right mix of internal and external conditions.
Corporate innovation is often thought of as an inherency in the…… [Read More]
(1000 Ventures, 2008)
The work of Kaplan and Palmer (2007) entitled: "Strategic Imagination: External Thought Leaders Inspire Breakthrough Innovation" published by Innovation Point relates the fact concerning innovation efforts that they "often deliver disappointingly short-term ideas and fail to identify longer-term growth platforms. An organization's inwardly-focused and historically-biased view of the world limits its capacity for 'strategic imagination'. Bringing in fresh, future-oriented perspectives from outside the organization is an essential catalyst for innovative 'stretch thinking'." (Kaplan and Palmer, 2007) Bringing in what are termed to be 'external thought leaders' derived from various domains will assist the innovation process and assist the team in the development of 'Industry Foresight' and in identification of: "...non-obvious opportunities." (Kaplan and Palmer, 2007) External thought leaders are described as "...inspirational provocateurs and visionaries..." And are said to be the "...essential catalyst for teams that seek breakthrough innovation." (Kaplan and Palmer, 2007) the work of Wagner…… [Read More]
Horizontal Innovation Networks: By and for Users
Assessing the Viability of Horizontal Innovation Networks
In evaluating whether user generated innovation is good or bad for a company including if user innovation can happen independently from manufacturers, the insights and knowledge provided in Horizontal innovation networks - By and For Users (von Hippel, 2007) serves as the basis of this analysis. The integration of user-generated innovations into the product development process, and to the extent to which innovations' benefits and unique position within a manufacturers' marketing mix are analyzed in the context of social networks being the platform for open innovation (Bernoff, Li, 2008).
Defining the Value of User-Generated innovation
elying on microeconomic analysis and the frameworks of free revealing supported by examples from open source software and the development of the Apache Server software in addition to several other examples Horizontal innovation networks - By and For Users (von Hippel,…… [Read More]
The cloud computing platform has also made it possible for companies to integrate their information technologies and services into a common strategy; a goal that had not been attainable in the past (Buttol, Buonamici, Naldesi, inaldi, Zamagni, Masoni, 2012).
A second strategic technology that is driving a high level of innovation in organizations is mobility and the rise of mobile computing, incouding the latest generation of operating systems in this area. Apple's iOS, Google's Android and many other operating systems are the foundation of disruptive innovation throughout many enterprises today. The early advances in mobile technologies are a case in point, as are the continued development of medical applications for the Apple iPad (Wickramasinghe, Sharma, Goldberg, 2003). Mobility is also showing the potential to be a technology that can support precise geo-positioning and analysis of the best delivery routes for courier services and supply chain-based companies as well. The rise…… [Read More]
It takes insightful analysis of the key success factors from the customers' perspective while a strong commitment to re-orient internal, back-office systems to support customer-driven criterion. The examples of the e-commerce industry, which is known for increasing returns and being highly differentiated on knowledge, show how quickly the network effect can serve as an accelerator for second movers to gain customer base in a relatively short period of time.
Jeffrey H. Dyer, & Kentaro Nobeoka. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal: Special Issue: Strategic Networks, 21(3), 345-367.
Hsieh, T.. (2010, June). Why I Sold Zappos. Inc., 32(5), 100-104.
Isckia, T.. (2009). Amazon's Evolving Ecosystem: A Cyber-bookstore and Application Service Provider. Canadian Journal of Administrative Sciences, 26(4), 332-343.
Lieberman, M.B. & Montgomery D.B. 1998, 'First-Mover (Dis)Advantages: etrospective and Link with the esource-Based View, Strategic Management Journal, vol. 19, pp. 1111-1125.
Maida Napolitano.…… [Read More]
The importance of creativity and innovation in the workplace is well documented, but the debate over nature vs. nurture continues with some authorities maintaining that people are born with attributes such as creativity and innovation while others argue that such attributes can be inculcated over time (Furnham & Heaven 1999). To determine the facts in these matters, this case study examines the relevant literature to gain some fresh insights concerning how creativity and innovation can be most effectively stimulated, support and sustained within a given organization. A summary of the research and important findings are presented in the case study's conclusion.
Companies of all types and sizes are currently attempting to gain a competitive edge through creativity and innovation. Creativity in the workplace is defined by Garrison, Harvey and Napier (2008) as being "the production of ideas, products, or procedures that are (a) novel or original; (b) appropriate for…… [Read More]
technology s-curve analysis is useful to assess the developmental lifecycle stage of technology. The term s-curve refers to the share that the progress of the lifecycle will be seen as on a graph where the x axis is time and the y axis is performance White & Bruton, 201). The line resembles an s, as shown in figure 1 below
Figure 1; the Technology S-Curve
The curve is useful as it will help to assess where technology is in the life cycle, and whether there are likely to be major improvements, or if the product is moving towards maturity if it will be vulnerable to substitute technology White & Bruton, 2010). New technology that will be come a substitute is likely to start its lifecycle during the accelerated growth period of the exiting technology, so it is ready to become the substitute when the current technology reaches maturity. Understanding the…… [Read More]
Both dissenters and innovators are outsiders -- thinking and acting outside the box. The very qualities that make these individuals annoying (e.g. arrogance, single-mindedness) are also part of the types of qualities (passion, drive, confidence) that are needed to keep ideas alive and vital. A good manager can deal with the package and manage the wheat with the chaff.
Usually impossible to get the type of innovators one wants without getting some of their own negatives (arrogance, inability to compromise, etc.).
Managing means eliciting the needed strengths out of each individual employee, and harkens back to the idea that not all employees are equal.
Managers often have the urge to tame the wild nature of a dissenter; to "bring them into the fold."
There are people who provide dissent because they are simply unhappy -- regardless of the situation. These types of dissenters rarely contribute innovation, but instead…… [Read More]
Innovation and Change
Innovation is important in today's world. Indeed, innovation is an important element in the formula for success and even for survival, sometimes. It is for that reason that this subject is a top agenda for many organizations across the globe (American Management Association, 2006).
While entrepreneurship involves the will to risk starting and managing a business, innovation has to do with coming up with a new idea or just taking an old idea and making better use of it so that it becomes more valuable. Innovation entails the pursuit of new opportunities. Entrepreneurship and innovation are more like two sides of the same coin. They are essential ingredients of creativity. Creativity is about transforming ideas to reality. Social reality finds expression in organizations. It is in these set ups that intentions are grown for the sake of a better future.
The central reason that motivates change in…… [Read More]
Innovation in its simplest form can be termed as something new or newly introduced into the market. Innovation in the business field is quite necessary since it forms the backbone of a company's growth and that of the economy as a whole. Innovation is the success of every business and must be managed effectively and efficiently (Limerick, 2002).
The ever changing technology and instant global communication have made it easier for companies to find answers to some problems they encounter and more so come up with innovations to improve on the current ones. Companies are also faced with pressures arising from global competition and by this; most of them are seeking the need to manage their innovations. Companies are nowadays attracting and managing innovations by having rewards or prizes for individuals within the company who manages to come up with brilliant and innovative concepts. This will give the…… [Read More]
Tapping Into the… [Read More]
MESIC's have been singularly unsuccessful, and have been deemphasized in recent years.
Related to this are: State-sponsored venture capital investments. Countries and regions invest in venture capital funds as Limited Partners, meaning that they have the same or similar financial returns as all other investors in a Fund. In many cases, such state investments require some conditions on the privately-run venture fund. The most popular conditions include:
fixed percentage threshold of investment in the region or country, or certain number of jobs to be generated by their investments, or Attracting a certain multiple of investment from outside the state or region into the fund, or Limiting the venture investments to the types of technologies and industries which are of greatest interest to that state or region.
Examples of the above can include the Indiana Futures Fund, in which the State of Indiana invested $100 million in several venture funds. Among…… [Read More]
Disruptive Technologies for the Military
Disruptive technologies are innovations that aid in creating new markets, eventually going on to disturb or even dismantle the current value networks and market, and to displace an older technology. Clayton M. Christensen, a professor at Harvard Business School, coined this term, now used frequently in technology and business literature for describing innovations that bring about improvements to any service or product, in ways not expected by the market (Lucas, 2012). The Professor first made use of the term in his best-seller "The Innovator's Dilemma" (published in the year 1997), wherein he classified new technologies into two groups: disruptive and sustaining. The former category refers to novel, inadequately refined technology, typically associated with performance issues, known only to some group(s), and normally lacking any proven practical use. Meanwhile, the latter category includes familiar technologies undergoing successive improvements. Disruption may be viewed from another perspective, if…… [Read More]
life stories in it in forming one's own DNP project.
Diffusion can be described as the procedure through which an innovation is conveyed via particular channels over time amidst members of a social system. An innovation, on the other hand, can be described as a practice, idea, or even object regarded as new by somebody or adoption unit (ogers, et.al). The process of diffusion basically entails both interpersonal communication and mass media channels. In the current world, information technologies like mobile phones and the internet are a representation of remarkable diffusion tools. Think of the following encounter of co-author Singhal in the Philippines.
In May 2006, as Singhal walked down Epifanio de los Santas Avenue (known as "Edsa") in Manila, Philippines, a Filipina associate noticed that "Edsa" was actually the street where cell phones brought down President Estrada's government. Taking in the bewildering look on Singhal's face, she explained that…… [Read More]
Elon Musk's companies rely heavily on innovation for their success. They take industries that are struggling to evolve, such as electric cars and space travel, and seek to enter those businesses with innovative strategies to bring fresh products to market. Because of this, these companies have significant competitive advantages. Tesla has introduced several major innovations that are transforming the automotive industry.
At a high level, Musk overpromises, but supports this with a desire to innovate using unconventional methodologies. He will set out an impossible task, then challenge his teams to find ways to make it happen. Sometimes these teams are put together for the express goal of tackling the challenge. Musk does not put limits or constraints on how these teams solve the problem, and this gives those teams the freedom to find their own innovative solutions. Typically, major challenges will run into a number of different problems,…… [Read More]
Market researchers have long understood that complexity -- particularly in the form of too many choices -- can cause consumers to freeze up and not make a selection. Gottfredson and Aspinall (2005) argue that complexity is not just confounding for consumers, but that it can also contribute to lower profits. Innovation is perceived as a positive factor in business, but to a degree, innovation has taken on a life of its own. To illustrate how effective restraint can be in business, Gottfredson and Aspinall (2005) discuss the In-N-Out Burgers enterprise. While In-N-Out Burgers is focused on creating its own particular brand of harmony around the number four, other businesses need to identify a balance based on the attributes that are the most valued by their customers.
Contemporary consumers expect a level of customization that may actually serve to reduce the quality and expediency of their service experiences. Gottfredson and Aspinall…… [Read More]
Strategic Management Challenges Globalization
Strategic Management and Challenges of Globalization
"Innovation's Holy Grail"?
The article observes that sustainability and affordability are concepts with superior implications on company's premium pricing strategies. The elements therein influence innovation's drivers with fewer executives knowing the best ways of coping with certain shifts. Firms make various offerings available to many people through selling cheap and well-developed services and products on fewer resources (Prahalad & Mashelkar, 2010). Firms respond to such challenges by establishing strategies that permit the creation of more products using fewer resources and selling cheaper prices. The search for extensive manufacturing costs, as well as fresh talent sources, increase the pressure on globalization that leads to complex supply chains, cross-border interdependencies, and knowledge chains.
The article supports the notion of Gandhian innovation that goes against traditional categories relating to products, process, and pricing. The focus is on changing business dynamics, synthesizing technologies, and…… [Read More]
They may have different ideas and strategies on how the work should be performed. There is a fine distinction between competition and cooperation (Porter and Fuller, 1986). The companies must maintain a balance between the alliances and their own strategic position. The companies must avoid situations where one partner overshadows the other one (Dussauge and Garrette 1995).
Borys and Jemison (1989) found that four main factors affect the performance of partnerships. These four factors were the breadth of purpose, boundary determination, value creation process, and stability mechanisms. The breadth of purpose of the project in the construction industry is typically defined as the duration of the construction phase of the project. Boundary determination has more to do with how contractors interact with one another. Sometimes this is defined by a contractor, subcontractor relationship and sometimes it represents a truly collaborative effort. Sometimes boundaries are a part of the negotiation process.…… [Read More]
The process of reframing is well illustrated in the case of Tata Nano car concept. The reframers question themselves in an attempt to answer the question "why not." Tata for instant broke a century old paradigm for car manufacture by distributing the component kits for the manufacture of the Tata nano to a number of entrapreneural smaller firms could assemble closer to their customer base. This was as opposed to complete production of the car in their factories. They questioned the conventional wisdom in order to aid the firm in navigating the increasingly complex corporate environment.
The culture of creative dissatisfaction
Other than the formal system of the TSC the company has taken certain key steps that are aimed at the stimulation of creative thinking. The company trains its employees so as to think about improving its products at all times. They refer to this as the culture of creative…… [Read More]
His leadership has also led to the build-to-order strategy becoming an exceptionally profitable manufacturing strategy across dozens of industries.
Buffington, J. 2011, "Comparison of mass customization and generative customization in mass markets," Industrial Management + Data Systems, vol. 111, no. 1, pp. 41-62.
Dell Investor elations (2012). Investor elations. etrieved February 23, 2012 from Dell Investor elations and Filings with the SEC Web site: http://content.dell.com/us/en/corp/about-dell-investor
"A revolution of one: Michael Dell invented a business model that all the world wanted to copy; yet after all these years, almost nobody has; why?," 2001, Economist, vol. 359, no. 8217, pp. 63-63.
Dell, M.S. 1994, "Making the right choices for the new consumer," Managing Service Quality, vol. 4, no. 2, pp. 22-22.
DellIsola, M.,D. 2002, "Impact of delivery systems on cost management," AACE International Transactions,, no. 15287106, pp. PM31-PM36.
Gama, J. 2006, "What Could Be the Solution?," AmericaEconomia,, no. 327, pp. 69-71.…… [Read More]
This ensures each data entry point has a very clear purpose in the overarching development of the enterprise-wide IT systems throughout a healthcare provider (Tan, Payton, 2010). By taking this top-down governance and process management approach to defining an IT structure with data points, a healthcare organization can also ensure a much higher level of security to their entire network as well (Dwyer, einer, Siegel, 2004). Aligning IT spending to processes and governance frameworks ensures a higher level of performance.
3. Describe a situation where you would use a CHIN or HINO system to provide care. How would you utilize cloud computing?
The Community Health Information Network (CHIN) and egional Health Information Network Organizations (HINO) are best suited to serving a broad base of patients across a wide geographic and socioeconomic area. The CHIN platform has been specifically tailored to the development of metro and urban requirements, with success in…… [Read More]
Leadership Priorities and Practice in Organizational Management
The enterprise software industry is going through a series of disruptive innovations that are disrupting the economics of the industry while also shifting the balance of power away from the Chief Information Officer (CIO) to the line-of-business leaders including the Vice Presidents, General Managers and Directors of Business Units. As this balance of power shifts throughout enterprise software, many long-standing approaches to developing, delivering, monetizing, and supporting software are also changing. One of the most successful companies in the enterprise software industry, specifically in the Aerospace and Defense sector, is Cincom Systems. Cincom has been able to attain a highly profitable business model by creating very customized systems for customers' needs while at the same time creating maintenance agreements that ensuring highly profitable recurring revenue stream over the long-term. This strategy has been largely responsible for the company's ability to withstand the recurring…… [Read More]
Dyson Case Study
Dyson has created a highly profitable business through the use of a series of processes, systems and practices that increase the probability of innovative new products being produced. It is insightful that the founder and CEO concentrates on finding those household items that aren't working well and dramatically improving their ergonomics, performance and value. This takes a unique approach to innovation that is not easily replicated or imitated by competitors, and further ensures the long-term success of the enterprise. His decision to employ engineers directly out of university further exemplifies the mindset of an innovator as he is deliberately creating a culture that seeks to challenge the status quo and how the majority of design and engineering professionals see the world. Speaking of this dynamic, Sir James Dyson commented that he seeks out those that don't see the world linearly, but rather are free thinkers. What's impressive…… [Read More]
These are the two most powerful factors that anchor the Force Field Model analysis of the enterprise software industry. With the driving and restraining forces in continual interaction and at times conflict, productivity shifts drastically across the continuums of industries based on the impact of driving and restraining forces (Paquin, Koplyay, 2007).
Cincom is being affected by the disruptive driving forces of CAPEX and OPEX most severely as competitors are quick to create a competitive advantage for themselves by seizing these areas and exploiting them in the market. CAPEX and OPEX are driving such a high rate of disruptive innovation and transformation change that it is in turn disrupting cultures of companies and reordering stakeholder dynamics as well (Koslowski, Struker, 2011). The political and technological forces are also driven by these economic ones, with the restraining forces of the Force Field Model applied to enterprise software being led by CIOs…… [Read More]
g., Hofstede, five different cultural dimensions), and the other one is the Cultural Standards Model (e.g., lexander Thomas):
1. In a general sense, cultures and differences among cultures can be described and measured along cultural dimensions (Hall, 1990, 2000; Hofstede, 1980, 1993, 2001; House et al., 2004; Kluckhohn & Strodtbeck, 1961; Rokeach, 1973; Schwartz, 1992 and Trompenaars & Hampden-Turner, 1997).
2. In a more detailed and more descriptive sense, the cultural standard method deals with differences in the kinds of perceiving, norms of sensing, thinking, judging, and acting that can cause critical incidents in cross-cultural encounters (Thomas, 1996; Fink & Meierewert,
Due to significant developments in this field and the available range of value dimension studies, it is better to understand the possible impact of similarities and differences among cultures. Dimensions, which are quantitatively measured, can be used in statistical models (regression analysis) as well as to help explain…… [Read More]
Leaders Can Manage Change
Transforming the Client Organization:
From Transactional Management to Transformational Leadership
Staying in step with customer and client needs is more than fulfilling their requests on a periodic basis and meeting their basic expectations, as any company that excels in client management understands. It is the ability to align every aspect of an enterprise to the needs and expectations, experiences and requirements of clients. Often internally-based organizations including those that are given the objective of being client-focused, end up paradoxically being the most myopic and inward-focused, resistant to change. Any organization that is experiencing this is in danger of losing the most valuable relationships and trust they have with customers. As leaders must continually push accountability, ownership and a clear sense of responsibility for results to the front lines of their enterprises, when traditional management and leadership strategies fail to deliver results, change is required. The intent…… [Read More]
Suppose, for example, that the document requires, at some point, an import of a certain excel sheet or any other type of application.
Potential technical failure
. If the wikis are hosted either externally or on the internal server, a failure of the respective server may lead to the work in progress being lost. Overall, our productivity may decrease at company level if such events occur on a repeated basis and additional costs may be incurred.
Potential issues of managing content. With the content availability and flexibility also come the potential problems arising from the management of the existing content
. As such, some of the content may become obsolete at some point and would need to be deleted, some of the content might need to be restructured etc. Within our company, an improper management of all the data associated with the proposals, reports, and other documents that we need…… [Read More]
Strategy and Innovation
Impact of Strategy on Successful Innovation: The Case of Fujitsu Limited
Innovation, both product- and process-wise, has increasingly become a crucial source of competitive advantage in today's business world. Organisations that continually reinvent their products and processes in accordance to environmental dynamics achieve greater success in the marketplace compared to those that pay little or no attention to innovation (Beyene & Wu, 2016). Successful innovation, however, is predominantly dependent on an organisation's business strategy (Hajar, 2015). A firm's strategic orientation determines the extent to which it introduces new products or new ways of doing things. In other words, without the right strategy, an organisation may not innovate successfully. The connection between strategy and innovation is particularly true for Fujitsu Limited, a Japanese information and communication technology (ICT) company. With reference to Fujitsu, this paper discusses the impact of strategy on innovation. Attention is particularly paid to how…… [Read More]
3%) are very satisfied with their health care services, compared to only 41.5% of Canadians; a lower proportion of Americans are dissatisfied (6.8%) than Canadians (8.5%).
Atlas (2009) acknowledge that Americans have much better access to important new technologies like medical imaging than patients in Canada or the U.K. Maligned as a waste by economists and policymakers naive to actual medical practice, an overwhelming majority of leading American physicians identified computerized tomography (CT) and magnetic resonance imaging (MI) as the most important medical innovations for improving patient care during the previous decade (Fuchs & Sox, 2001). This is justifiable in the presented table showing the most important recent medical innovations, below. Hence, Atlas (2009) claim that the United States has nearly 27 MI machines per million compared to about 6 per million in Canada and Britain.
According to" The U.S. Health Care System as an Engine of Innovation," 2004 Economic…… [Read More]
Wal-Mart is also a highly delegative culture in terms of its subsidiaries, with in-store managers in all regions they operate in responsible for performance. The Wal-Mart approach to delegation also requires in-store associates to assist with the unloading of trailers when they arrive with merchandise at Superstores as well. Wal-Mart strongly holds efficiency and delegation in the same context (Appelbaum, Lichtenstein, 2006).
Diversity and Ethics
Wal-Mart has often been criticized for their lack of diversity and for a lack of ethics in managing part-time workers. In response to these claims and to practices that proved to be unethical, the company has created a Corporate Social esponsibility (CS) program that is global in scope. Wal-Mart's efforts to ensure diversity and ethics have in turn been delegated to the store manager level (Spangler, Britt, Parks, 2008) where individual performance is measured and evaluated over time. The framework of planning, organizing, leading and…… [Read More]
Strategic and Financial Changes in private, not-For=profit higher education institutions in Jamaica
Quantitative nalysis of Strategic and Financial Changes in private, not-for-profit higher education institutions in Jamaica
Summary of Chapter 1 and introduction to chapter 2:
Researchers are of the opinion that SIHE is in danger of being affected by external forces such as innovation, competition, and other disruptive forces (Christensen, nthony, & Roth, 2004; Kirp, 2004; Koblik & Graubard, 2000; McPherson & Schapiro, 1999; Roach, 2004; Townsley, 2002). They say that decreasing availability of the access to certain forms of higher education restricts and inhibits the options open to a growing segment of students at the undergraduate level (Hawkins, 1999; Hussar & Bailey, 2006; Townsley, 2002; NCES, 2005a). Based on empirical data and the process of resources allocation between SIHE strategies and implications, the study aimed to study the effects on higher education (Bower & Gilbert, 2005). The current…… [Read More]
For Apple, this strategy has translated into market dominance in the smartphone and tablet PC markets. The success of that company continues to underscore the inherent value in synchronizing these three elements of an HM framework, transformational leadership, and a continual supply of disruptive innovation for heavy investment in &D.
The Practicality of Agile HM Frameworks and Their Impact on Long-Term Financial Viability
The creation of an effective HM framework, continual improvement of transformational leaders and their skill sets, and the infusion of innovation can transform a company much like these approaches worked at Apple. For the majority of companies however the practicality of how best to manage these three areas and attain profitability remains a challenge. The majority of companies struggle with creating an agile HM framework that can balance the urgent need to get employees hired and accomplishing tasks quickly using transactional leadership vs. getting employees to buy…… [Read More]
The major benefits to using a SaaS platform for integrating social networking, CM and marketing systems are the significantly lower costs of operation, the pay-as-you-go approach to leasing only the application areas used, and the flexibility of scaling the computing workload up or down based on the unique requirements of a given company's strategy. SaaS has become the platform of choice for managing social networks, as Facebook, Twitter, Friendfeed, millions of blogs hosted on WordPress, and Foursquare are all hosted on the Amazon Web Services (AWS) platform which is the most popular SaaS-based computing platform in use today (Lin, 73). The SaaS platform has rapidly emerged as a dominant platform for CM systems as Salesforce.com today has over 60,000 implementations in place, each one numbering over 100 users or more (McKay, 15).
With the emergence of SaaS as a dominant platform for hosting social network applications, CM systems and marketing…… [Read More]
The potential the Internet provides businesses to scale their supply chains, manufacturing, fulfillment, services and new product development strategies globally is exemplified in the decades of lessons learned at Dell Corporation. Of the thousands of businesses that sought transformation of their business models with the Internet by concentrating only on the websites, Dell was immediately contrarian, looking to streamline back-office systems first. This analysis presents how the core strategies Dell continues to differentiate on, including build-to-order, configure-to-order and mass customization continue to earn them new customers and retain existing loyal ones through their website strategies. Dell has taken a more systemic and process-based perspective of their websites and as a result the product configuration, guided selling, pricing and innovative service applications are immediately functional and scale globally. Dell has been able to define a development methodology for online strategies that enables the core strengths of their order management,…… [Read More]
What Caused Polaroid's Bankruptcy in 2001?
In 2001 Polaroid filed for bankruptcy. The circumstances surrounding the bankruptcy indicate several potential reasons, including poor management decision making and escalating commitment. The financial management of the firm appears to have been questionable in the year before the filing; a special bonus of $1.4 million was paid to the CEO Gary DiCamillo, and other board members received payments f between $63,000 and $272,000 (TParadiso, 2003). The payments were not illegal, but it is notable that the $1.4 million bonus for DiCamillo would not have been received if 6 months prior the auditor KPMG LLP had not been persuaded to refrain from issuing a going concern warning on the annual accounts (TParadiso, 2003). These actions may all appear questionable, especially the action of DiCamillio calling KMPG's CEO in order to ensure the going concern warring was not issued, but whatever the view,…… [Read More]
Wernher Von Braun
In the quote, research is what I'm doing when I do not know what I'm doing, Dr. Wernher Von Braun is saying that the elements of discovery, non-linear thinking, creativity and unstructured analysis can be even more powerful than a more thoroughly defined, dogmatic and highly constrained approach to primary research. The intent of this paper is to explain who the kind of research described in the quote can be helpful to science, and that the advantage in research that is more directed and purposeful can lead to more efficiency surrounding the process yet also limit the potential to find entirely new, unthought-of solutions to complex problems.
The essence of successful innovation is in finding associations or links between two or more disparate concepts, theories, frameworks or structures that combined deliver significant, often disruptive innovative value over time (Antonelli, Franzoni, Geuna, 201). An analysis of patent flows…… [Read More]
That irony is not lost on many of the high technology executives who at one time advocated disintermediating their entire dealer channel and taking their largest customers direct only to discover that trust is the greatest catalyst of efficient transactions of all (Smith, Manna, 2004, 377, 378).
Why Disintermediation Failed to Live Up to the Hype
Before discussing the reasons why disintermediation failed to live up to the hype associated with it, there are exceptions that need to be taken into account. The first is in those industries that have undifferentiated supply chains and where price and availability alone are the only differentiators, disintermediation often takes hold. Such is the case with the Indian tea market, and many sectors of the consumer electronics industries that sell on a commodity-based strategy. These are the industries most susceptible to disintermediation as the middle tier of the distribution channels don't deliver that…… [Read More]
The workforce is addressed on a personal level to ensure that each individual not only understands what the expectations are of him or her, but also to ensure that they will give only their best effort towards the organizational goal. In order to motivate employees in this way, it is necessary for each individual to understand the organizational goals and to care sufficiently about these. Employees therefore have to find meaning in their work. This can best be done by communication.
It is one fortunate feature of the current technological world that communication can occur both regularly and instantly. Instead of having to print out thousands of circulars, managers can write a single email and send it to thousands of employees simultaneously with a single click. This greatly facilitates the communication paradigm between management and employees, or indeed between the HR department and employees.
Various forms of communication are possible…… [Read More]
Moller Skycar Promotions Plan for 2013 Product Introduction
The Moller Skycar is a disruptive innovation that once launched will disrupt the auto, ultra-light aircraft and low-end private aircraft industries by completely redefining the personal travel experience. The success of the product launch is heavily dependent on how well integrated and synchronized product, pricing, distribution, pricing and the unique value proposition of the company are consistent with each other. The most critical success factor of launching a disruptive product is how integrated each functional team is to the product strategy and the unique market position it occupies, all centered on communicating clearly and accurately what makes the new product unique and highly differentiated (Brettel, Heinemann, Engelen, Neubauer, 2011). The Moller Skycar is rich with product differentiation and unique value proposition potential because it can easily symbolize freedom and flexibility, agility and responsiveness. All of these are excellent messages and emotions to…… [Read More]
The intent of this analysis is to discuss the key industry drivers that are creating opportunities and threats for Netflix (NASDAQ: NFLX), in addition to defining the future of the mail-based and online movie rental subscription service. Competition from Video-On-Demand (VOD) services offered by cable television companies including Time Warner Cable, Comcast and others, combined with kiosk delivery network Redbox and the vertical integration of lockbuster are fundamentally reordering the industry today
(Netflix Investor Relations, 2013). Competition continues to accelerate as each of these competitors invest in research & development (R&D) to increase the performance and reliability of their individual services.
Of the myriad of economic factors that impact their business, Netflix senior management is most concerned and tracks through weekly reporting the level of consumer spending on entertainment in aggregate and for DVID, game and video rental specifically (Netflix Investor Relations, 2013). Additional external factors…… [Read More]
The high level of debt capitalization inheent in how they have financed thei stoes, which is infeed fom the case study, also could be applied to a moe effective cloud-based delivey achitectue. Netflix did this and was vey pofitable as a esult. Thid, Blockbuste has fa to go in tems of ceating a moe effective custome expeience. Thee is significant potential fo geat upsell and coss-sell as a esult.
The theats include a highly commoditized and shinking move ental maket in the U.S. And globally, including the apid commoditization of titles that ae easily gained though othe channels. In addition, the gowing theat and costs of piacy is vey significant fo Blockbuste and evey othe etail chain as well. Thid, the cost stuctue of the chain is slanted towads etail and epesents a significant financial isk in tems of continually financing the debt.
Blockbuste is continually on the…… [Read More]
positioning affect segmentation and targeting strategies when entering a market?
Positioning strategies serve as the foundational framework for strategic marketing plans and planning, execution, management and evaluation of marketing strategies. Positioning is also used for defining how a company's products or services are differentiated within a customer segment. For example, Apple uses positioning very effectively selling its high-end iPads. his specific positioning strategy by Apple concentrates on only those consumers willing to pay for premium performance, reliability and convenience the iPad offers. Apple does this to position themselves above the myriad of Google Android-based tablets who are competing primarily on price. Apple also uses positioning successfully to sell more on value and less on price. Positioning not only defines the competitiveness of a given product or service relative to competitors, it also communicates the unique value and differentiated features as well (Perreault, Cannon, 2012). Apple excels at this type of…… [Read More]
These two factors of aspirational value of the brand and customer experience are what also make this factor a very critical opne in the augmented analytical framework.
The growth of coffee retailing continues to be flat, only generating 5% growth on a compound annual basis (Joo, Min, Kwon, Kwon, 490). This is forcing coffee retailers to concentrate on highly differentiated approaches to selling. For Dunkin' Donuts their approach is to branch out into retail channels with their coffee being available in grocery stores. Other competitive strategies include creating satellite locations and smaller airport kiosks, a strategy Caribou Coffee has tried in the northwest U.S..
The rapid pace of disruptive innovation in coffee retailing is increasing, as Starbucks is now challenged by McDonald's entering the high end of the coffee retailing market with their McCafe brand of customized coffee beverages. There is also a shakeout of smaller…… [Read More]
com last week for over $300M signaled a shift in the CM vendors' strategy to quantify the value of social networking over time. Salesforce.com is a leading provider of hosted CM systems on the SaaS platform and has been one of the leading vendors creating social networking-based applications for business customers. Their acquisition of adian6 signals a view they have of metrics and measuring performance of social media applications being critical to the long-run success of their business. This also signals a shift in the market Dr. McAfee wrote about in the context of Enterprise 2.0, which is the observation of collaboration, communication, cooperation and strength of coordination will eventually be quantified and reported on from a metrics standpoint over time (McAfee, 2006).
Blog Post 3: Charting the Transition to Web 3.0: Why Contextual Search and Semantics Matter More Than Ever
From the highly collaborative nature of Web 2.0, which…… [Read More]
Cloud computing applications often need to have a 99.999% uptime as customers use them directly over the Internet, and there is little chance of solving problems from a remote location (McAfee, 2011). As a result, databases used in cloud computing must have a very high level of reliability and be capable of managing small errors that would cause other databases to stop working or need to be rebooted. The requirement from cloud computing users for databases to be able to manage these higher levels of reliability is leading to a completely different level of research and development today (Limbasan, Rusu, 2011). Taking into account all of these factors it is clear that cloud computing is having a very disruptive effect on database research, development and use today. Cloud computing is forcing many enterprise software vendors who create databases to focus more on how their applications can be used as more…… [Read More]
conditions is M&a activity more likely to create rather than destroy value? Use case examples and appropriate academic frameworks to support your answer.
Globalization & Merger and Acquisitions
M&A and Cultural Problems
The Multi-Cultural Organization
The Nokia-Microsoft Case
Microsoft changed Nokia Culture to Gain Value
Other Value Propositions that Microsoft Considered
Mergers and acquisitions have become an integral part of international business, companies, in an effort to expand their market, look to enter new markets through the strategy of mergers and acquisitions. Mergers and acquisitions are an important, fast and effective way to enter markets. This is also an effective business strategy to gain market share quickly and reduce competition by buying out rival companies if possible.
Merger and acquisitions also comes with their share of problems, especially problems that relate to functioning in an environment that is often alien to a company that leads the merger and acquisition. There…… [Read More]
Kodak's Slow Adoption Of Information Technology
Corporate history reveals only a few blunders that are as confounding as Kodak's wasted digital photography opportunities; what's more, Kodak was, in fact, the inventor of digital photography technology. The company's strategic failure stemmed directly from its decades-long weakening, with digital photography destroying Kodak's film-based model of business. For several decades, management was unable to realize that digital photography constituted a disruptive new technology, at the same time company researchers extended that technology's boundaries (Mui, 2012). Kodak had a head start into digital technologies and could manufacture industry-leading digital cameras and technologies ahead of competitors. But it took a whole decade for digital cameras to dominate the market for cameras. It was only in 2002 that total digital camera sales finally exceeded analog camera sales. In hindsight, the company possessed over two valuable decades' time for responding to a threat to its existence. Considering…… [Read More]
This focus on the positive benefits of consumer word of mouth behaviour is a natural tendency. I certainly like to think that positive comments have a greater impact on my decisions than negative comments. In fact, the respondents to the survey reported that the two factors that had the biggest impact on their airline choices were comparison-shopping on the Internet (38%) and personal recommendations from an acquaintance on Facebook or Twitter (42%). but, although personal recommendations have a clear impact on choices, the question is whether positive comments have a greater impact than negative comments. This distinction has not yet been made with regard to word of mouth marketing effects. The U.S. national election in 2004 was viewed by many as the most negative in recent memory (Johnson, 2011). Why would hard-nosed politicians with limited budgets invest so much in negative advertising if positive comments had greater impact on behaviour?…… [Read More]
The transformation was so effective in the company that it eventually changed an entire industry as well (Lawless, 1998).
Another aspect of leadership lessons learned from Her Keller include his tolerance for individuality and non-conformity on the part of his employees, and how the culture of the company became known as a haven for those who wanted to work hard yet also have fun (Lubans, 2009). Not every leader can accomplish this unique feat of creating a culture tolerant and even promoting non-conformity over time, let alone become its main evangelist for this approach. Yet Mr. Kelleher realized that if management and the employees were going to trust one another, there would need to be an unpretentious, open culture that had a tolerance for failure and nonconformity (Lindebaum, Cartwright, 2010). Getting back to the point made earlier, a mindset that sees failure as feedback, not a dead-end, is critical for…… [Read More]
Small & Medium Enterprises (SME)
Can Gain the Strategic Benefits of EP
Agility, time-to-market and insights into market dynamics are a few of the many benefits of standardizing the operations of an organization on an Enterprise esource Planning (EP) system. Up until about a decade ago, the economics of enterprise software relegated these systems to larger, more diverse and well-capitalized enterprises, with the majority of EP systems being installed and customized in Fortune 1,000 corporations (Velcu, 2010). These EP implementations began to be pervasively supported by Service Oriented Architectures (SOA) during the later 1990s and continue throughout today. As SOA architectures have permeated organizations, the lessons learned from a business process re-engineering (BP), distributed order management and software engineering gains have contributed to the success of Cloud computing in general and Software-as-a-Service specifically (Moore, 2002). In addition, Open Source Software (OSS), Cloud- and SaaS-based EP systems (Passion for esearch, 2012b)…… [Read More]
The hybrid nature of cloud computing in general and SaaS specifically will continue as enterprises question if they are really getting the value out of the systems they are relying on.
Bala, ., & Carr, S. (2010). Usage-based pricing of software services under competition. Journal of evenue and Pricing Management, 9(3), 204-216.
Beimborn, D., Miletzki, T., & Wenzel, S. (2011). Platform as a service (PaaS). Business & Information Systems Engineering, (6), 1.
Benlian, a., & Hess, T. (2011). Opportunities and risks of software-as-a-service: Findings from a survey of it executives. Decision Support Systems, 52(1), 232.
Cusumano, M. (2010). Technology strategy and management cloud computing and SaaS as new computing platforms. Association for Computing Machinery.Communications of the ACM, 53(4), 27.
Doelitzscher, F., Sulistio, a., eich, C., Kuijs, H., & Wolf, D. (2011). Private cloud for collaboration and e-learning services: From IaaS to SaaS. Computing.Archives for Informatics and Numerical Computation, 91(1),…… [Read More]
Dell was setting a very rapid pace of new product introductions during the period analyzed by the author and afterwards as well. The focus on just the direct channel and thoughts of disintermediating the indirect channels through their highly successful direct build-to-order model blinded Dell from the much larger and more diverse profit pool all channels could provide. Ignoring these market dynamics and believing the direct model was by far going to win the battle of channel models in the PC industry, Dell experienced exceptional declines immediately following this rapid run-up of growth. In the end, Dell chose to use the profit pool concept to gain an even greater insights into their customer base and was able to generate profits 3 times higher than industry average (Gadiesh, Gilbert, 1998). Dell recovered form a potentially disastrous situation by using the profit pool concept effectively.
There is also the example of how…… [Read More]
Behavioral analytics are making it possible for companies to combine personas and social networks, gaining invaluable insights into the performance of promotional programs in real-time. In addition to all of these benefits, analytics will make it possible for marketers to fine-tune each element, offer and even digital channel used in the presentation of a promotional offer to a specific audience. By combining all available sources of analytics, marketers will be able to have a 360-degree view of customers while also aligning their promotional strategies to each phase of the buying process with much greater precision than has ever been possible before (Acker, Grone, Blockus, Bange, 2011).
Impact of the Internet on Advertising
In strategic terms the Internet has made digital marketing, promotion and advertising strategies more precise and measurable. The proliferation of analytics applications, many of them Cloud-based, are revolutionizing how marketers plan and execute their promotional, advertising, and services…… [Read More]