Presentation covers Nature of Innovation , Technological and Network Innovations , Design of Successful Innovative Organisation, Training and Management of Innovation ,Agents of Innovation
Reasons for failure of innovation; Economics of innovation; Importance of innovation management; Innovations strategies for a nation and an organization; Traits of innovative organizations; Types of innovative organizations; Management of innovation
Reasons for failure of innovation; Economics of innovation; Importance of innovation management; Innovations strategies for a nation and an organization; Traits of innovative organizations; Types of innovative organizations; Management of innovation
Presentation covers Creativity , Innovation, Process of Innovation, Types of Creativity,Creative Intelligence , Divergent and Convergent Thinking, Model of Creative Process, Creative Problem Solving Techniques,Roots of Human Creativity and Forms of Creativity
Innovation Management - 2 - Types of InnovationJoseph Ho
4 Types of Innovation
- Sustaining Innovation
- Breakthrough Innovation
- Disruptive Innovation
- Basic Research
Dimensions of Innovation Space
- Product
- Process
- Position
- Paradigm
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
Presentation covers Creativity , Innovation, Process of Innovation, Types of Creativity,Creative Intelligence , Divergent and Convergent Thinking, Model of Creative Process, Creative Problem Solving Techniques,Roots of Human Creativity and Forms of Creativity
Innovation Management - 2 - Types of InnovationJoseph Ho
4 Types of Innovation
- Sustaining Innovation
- Breakthrough Innovation
- Disruptive Innovation
- Basic Research
Dimensions of Innovation Space
- Product
- Process
- Position
- Paradigm
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
People and Innovation: Getting Ideas on the tableScott Smith
These days, everyone can attest to the importance of being innovative. In a knowledge economy where small insights can quickly shift the competitive landscape and capabilities can rapidly be bought, borrowed or built, we believe that those leaders who oversee a dynamic, fastmoving, innovation portfolio will have the best chance of breaking away from the pack and generating growth. But many organizations are finding it difficult to engage their people – from their employees to their customers to their suppliers – in the innovation process. If this is the case, then where do they start?
Published by the IBM Institute for Business Value, 2006
To introduce strategic design for an entrepreneurial venture
To discuss some of the reasons why entrepreneurs do not carry out strategic planning
To outline entrepreneurial strategy and some benefits of strategic planning
To examine the transition from an entrepreneurial style to a managerial approach
To discuss the five stages of a typical venture life cycle
To identify key management issues occurring during the growth stages
To introduce the steps useful for breaking through the growth wall
To identify the unique managerial concerns with a growth business
To elaborate the concept of entrepreneurial leadership
To outline ways to incorporate sustainability into business strategy
From defensive to offensive growth during the pandemic generated by COVID-19Constantin Magdalina
It is now the time to prepare for the next phase. Industries that have been in the status quo for a decade are now wide open to transformation. Companies that move quickly and decisively will win.
From defensive to offensive growth during the pandemic generated by COVID-19Elena Badea
Mitigating the highest risks is crucial from an operational point of view as well as from a cash flow point of view. This is a continuous effort. Short-term liquidity and solvency actions are essential.
Kuching | Jan-15 | Entrepreneurship as a Vehicle to Encourage Grass Roots Inn...Smart Villages
Given by Howard Alper
The second in our series of workshops designed to gather input from stakeholders involved in existing off-grid projects in Africa, Asia and Latin America. This event is workshop scheduled to be held in Malaysia for the ASEAN countries will be organised by the Academy of Sciences Malaysia (ASM) in collaboration with Universiti Malaysia Sarawak (UNIMAS).
Entrepreneurship, Innovation
Digital strategies, digital agendas, digital business all are becoming the norm but how do you know if your organisation has taken all the right steps to leverage the digital technologies available. Here we look at the key dimensions to measure to get a picture of your digital maturity
In this lesson you learned about the the challenges of strategic management. You learned that internationalization, e-commerce, knowledge and learning all present unique challenges to strategic management. You also learned that executing strategy is an operationally-driven activity.
The presentation is a guide to students to understand the job market scenario. It covers higher education data, desirable skills campus recruiters want in students, Do's and Don'ts for job seekers and students as regards getting a job, job opportunities available, policy changes required etc.
The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
The presentation covers the ecosystem of MSMEs in India, the challenges faced by entrepreneurs, GoI Initiatives, MSME Schemes provided by the government to encourage new enterprises, Opportunities available and the reasons of failure of new ventures and finally, details of the secors which provide opportunities for entrepreneurs to start a new business.
History shows that new products success rate in the market is low due to various reasons. The presentation looks at innovation , new product development process , reasons of failure with examples and also proposes a framework for improving the success rate
Sales & Operations Planning is popularly known as S&OP and is a process which has evolved from SCM. It looks at balancing demand with supply and can be applied in most of the industries. The phase- wise process is depicted in the presentation
More from David Memorial Institute of Management (8)
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
2. Nature of Innovation
• Innovation could be internal or an external for a
company to develop.
• There are technical and Non- technical
innovations.
• Requires resources to be allocated
• Innovations means embarking on uncertain voyage
• „Skunk works‟ and Dedicated teams are formed.
• Innovation also has to tackle politics and „market‟
it properly.
• Mind sets differences need to be sorted out .
• Innovation has two phases – Design of Innovation
and implementation of the same in a professional
way.
GDP
2
3. Technological Innovations
and their Management
• Technological Innovations could be Process or Product
Innovations. Top Management involvement.
• „Big Bang‟ Innovations (Revolutionary) and
„Suggestion Box‟ innovations (Small , Low Key)
• Only 2-3 % of the Innovations are only commercially
successful.
• „Gate Keepers‟ who identify new ideas are to be
encouraged . Cross Functional Teams to be formed for
a collaborative approach.
• Major blocks of innovations are – internal barriers to
communication, inadequate business acumen &
creativity , poor follow up etc .
sGDP
3
4. Inter – Organizational and Network
Innovations
• Collaboration of competitors or rivals is taking
place for mutual growth
• Ex: Sony and Ericsson, Maruti and Fiat , Apple
and Samsung are examples.
• Network innovations may be tying up with rivals
or vendors or distributors.
• Ex: IT companies with Banks, Insurance
companies with Banks, Mobile Towers common
for different operators (Airtel, Reliance, Aircel
etc)
GDP
4
5. Design of a Successful Innovative
Organization: McKinsey’s7-S Framework
S . No Sub System Innovative Features
1 Shared Values Quality and Service , Originality and newness,
Importance of employees , Profits etc
2 Styles Orientation towards excellence, mutual trust and
cooperation
3 Systems Systems that improve innovativeness,
communication , provide control and rewards.
4 Structure Organic that evolves and grows , flexible ,
encourages team work, decentralized small groups
5 Staff Entrepreneurial, diversified , cross functional
6 Skill Divergent thinking, integration Skills and lateral
thinking
7 Strategy Innovation strategies that are radical, incremental
– product, process and administrative.
GDP
5
6. Training for Innovation
• Creativity Skills can be learned and applied .
• Training individuals on creativity involves
education , development and focus on job
related skills and knowledge.
• It also involves changing attitudes, expanding
horizons and developing creative potential.
• Training for innovation requires changing
thinking styles from linear to lateral.
• For maintaining operational excellence and to
sustain growth during business cycles.
GDP
6
7. Management of Innovation
• Management Innovations are novel changes in
decision making in areas like Marketing , HR
, Finance ,Operations and in their related fields.
• Technological Innovations are easier to measure in
terms of costs and benefits ,but, Management
Innovations are political in nature and affects
decision making quality.
• Once institutionalized , Management Innovations
cannot be discarded easily.
• Diffusion of Management Innovations in a
organization is a difficult process due to factors of
resistance to change by employees .
GDP
7
8. Agents of Innovation
There are many agents for innovation depending on the
area of concern . They could be in an Organization or
in Society .
The agent of innovation should have the skills to mange
innovation diffusion and implementation . He /She
should be able to face opposition and develop a team
for implementation.
Examples:
Entrepreneurs ,Venture Capitalists, Fashion Designers
, Film Stars , Leaders etc
GDP
8
9. Skills for Sponsoring Innovations
The Change Agents for Innovation are calculated risk
takers and have the ability to spot opportunities. They
have the following skills:
1. Ability to identify Costs involved and potential
outcomes.
2. Ability to identify the significant risks in the venture.
3. Ability to work out “What –if” scenarios.
4. Ability to take higher risks for higher pay- off.
5. Knowledge of high opportunity domains.
6. Ability to convert threats into opportunities, reduce
weaknesses and reinforce strengths.
GDP
9