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Innovation 2013

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Transcript

  • 1. Innovation Bringing a new idea into being within the market-place (product innovation) or workplace (process innovation)
  • 2. Sources of innovation: • New technology • New design • Inventions
  • 3. Fact or fiction? • A ‘floating train’ • The internet projected in front of your face whenever you want it • A flexible, wearable, self cleaning mobile phone
  • 4. https://www.youtube.com/watch?v=k_eT4zq8eO0
  • 5. https://www.youtube.com/watch?v=ErpNpR3XYUw
  • 6. https://www.youtube.com/watch?v=Zto6aTZM9t0
  • 7. In groups: • What are the benefits of successful product innovation to a business? • Any potential problems?
  • 8. Process innovation New ideas within the workplace In groups: • What changes over time have been made to working in an office? • https://www.youtube.com/watch?v=oO9ggqCq-GI • What changes have been introduced to manufacturing over time? • https://www.youtube.com/watch?v=R46x6k2wieU
  • 9. ‘Compare and contrast the terms enterprise and innovation’ • The main similarity is that they both involve risk but have the potential to provide financial rewards. • The main difference is that enterprise (“The creation of a business to meet the needs and wants of customers!”) may not involve new products or processes.