...Contents Introduction - 5 - Leadership - 6 - Transformation - 8 - Innovation - 9 - 3-Bias Theory - 10 - Conclusion - 13 - References - 14 - Introduction ❖ Book (Non-Fiction) – Moneyball: The Art of Winning an Unfair Game ❖ Author - Michael Lewis ❖ Publication Year - 2003 ❖ Key Learnings – Leadership, Innovation, Change Management, Organizational Culture, Risk-taking, Transformation, Strategising ❖ Synopsis – The book is about a US baseball team, Oakland Athletics and its performance in the year 2002. It is a real-life account of how despite financial constraints, the protagonist, Billy Beane assembles a strong baseball team using innovative techniques and strategies. It is the story of how Billy Beane changed the organizational culture of his organization, and influenced that of his competitors’. He re-invented a system that was working for years. Beane and his assistant concluded that by hiring under-valued players, it was possible to win with less than 40% of the budget of their competitors. They applied analytical, evidence-based, sabermetric approach and thus selected a competitive team. As a result, in the 2001-02 season, the team struck an all-time record with a 20 game-winning streak. Exposing himself and his team to ridicule, how he ignored his detractors and went ahead with his unorthodox strategies to ultimately achieve the winning combination...
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...7.1 REVOLUTION Apple’s iPhone is an indirect result of the Industrial Revolution and tool for what I refer to as the Creative Revolution. The technology and production methods so common in the world today are all relatives of the original Industrial Revolution that was born in Europe. Creativity and innovation are key components in successful business and needed to solve many of our world’s problems. Tools for communicating ideas are important and can encourage new innovation from those who may not have otherwise been involved. The innovation that produced new technology two hundred years ago is still evident today in the amazing applications of technology brought to much of the planet’s population in the form of Rummler 2 personal technology devices we take for granted. As a tool for creativity, an iPhone offers many ways for the users to express themselves. If we only consider the ability to capture both still and moving images this creates the ability for anyone, anywhere to capture something and broadcast it out to multitudes of others for viewing, commenting and sharing. This outlet of personal expression offer someone who has never explored creativity an brand new understanding of their own abilities as well as a forum in which to develop them. In the past most of us did not make it out of kindergarten or first grade without feeling we were not one of the few and talented “artists” in class. In considering the value of supporting creativity, it is common...
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...another’s work representing it as the student’s own, and knowing assisting another student in engaging in any such activity. For purposes of this section, plagiarism is defined as the knowing use, without approval, or published materials, expressions, or works of another with intent to represent the material(s) as one’s own. I hereby acknowledge that I have abided by the above statement in the creation and submission of this assignment. Table of Contents Academic Integrity Statement 2 Table of Figures 4 Introduction 5 Literature Review 6 Methodology 8 Survey 8 Interview and Observation 8 Results and Discussion 10 Hypothesis 10 Results 10 Conclusion 16 References 17 Table of Figures Figure 1 11 Figure 2 11 Figure 3 12 Figure 4 12 Figure 5 13 Figure 6 13 Figure 7 14 Figure 8 14 Figure 9 15 Figure 10 15 Introduction The Defense Acquisition community accounts for a significant amount of the Department of Defense’s expenditures every year. These expenditures are for providing the military forces with the supplies and equipment needed to perform their duty of keeping the country safe. Of these expenditures, there are programs that are not making any technical progress yet funding is provided every year. There are times that even if a program is canceled, it receives a new name and funding is then...
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...Innovation Strategies for the Global Recession A Special Report from Chuck Frey of InnovationTools.com and Renee Hopkins Callahan of Innosight December 8, 2008 Innovating in a Recession Page 2 Executive Summary As the global economy slowly slides into recession, organizations face new challenges and opportunities. In today's interconnected world, it's impractical for companies to suspend their innovation initiatives until the worst of the storm blows over. To do so is to risk being well behind the curve when the economy does recover, and losing precious ground to competitors who found creative ways to keep their innovation initiatives moving during the darkest days of the downturn. As part of this study, Chuck Frey of InnovationTools and Renee Hopkins Callahan of Innosight recently contacted a diverse collection of innovation experts and practitioners to learn more about the strategies they recommend for maintaining innovation during these challenging times. Respondents include some of the best and brightest innovation authors, bloggers, consultants, and practitioners. In addition, this report includes links to more than 60 examples of recent coverage of this topic in online media and the blogosphere. This collection of resources represents a practical roadmap that your firm can use to help identify opportunities for adapting your innovation initiatives to the current economic downturn. Use this roadmap to help to position your firm to take full advantage of the...
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...and business strategies.(Jim Collins) The core values of the company indicate its stand, by trusting and respecting its employees. HP followed the “best fit perspective” by ensuring that the people they hire were highly capable, diverse and innovative and that their contributions were recognized. The work culture stimulated innovation and encouraged them to upgrade their skills and capabilities through ongoing training and development processes. The company made them realize that goals could be achieved only by teamwork and cooperation. However, it also ensured that each individual gets proper space to excel in their own areas of operation. For engendering such a culture, HP created a few novel HR policies which were perhaps implemented, for the first time in the industrial world. HP created flexi time, quality cycles, Friday afternoon concept, walk around management, freedom of input and the like. HP emphasized on the way things were done, not only to what was accomplished. The primary values of the company were, trust and respect for individuals, high level of achievement and contribution, achieving common objectives through teamwork, meaningful innovation and uncompromising integrity. Here, we may be intrigued, as to, why a company should initiate a commercial venture with such difficult parameters, which may, at a point in time become unsustainable? Maybe, yes, the point is not that every company should necessarily adopt the specifics of HP, but that, Hewlett and Packard...
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...SEMINAR PAPER Creative Techniques for Problem Solving Korbinian Dennerlein H0954189 Strategy, Innovation & Management Control Vienna University of Economics and Business Course: 5876 Personal skills -‐ Problem solving Instructor: Desislava Vacheva (BSc.MSc.) Korbinian Dennerlein H0954189 CREATIVE TECHNIQUES Innovation and creativity foster and generate a crucial resource in today’s constantly changing business environment. It is essential to handle this resource carefully and to act target oriented in order to gain a sustainable competitive advantage. Nevertheless, it is important not to lose focus on the core business and to keep the balance between exploitation and exploration. Therefore, it is important to apply creativity in the right way. This application should preserve the stable and working organization from being too chaotic. A general way to divide the various approaches is to cluster them into divergent and convergent techniques. Divergent techniques aim at generating a high number of ideas in order to have a wide range of possible solutions to choose from. In comparison, convergent techniques deal with a certain problem and search step-by-step for a single right solution.1 In the beginning of this paper I want to explain one divergent concept in...
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...Occasional mattress buyers often ignore that great things are being done in this industry. Countless companies, especially the new ones, are in the race for innovation and a better experience for the user who truly values his sleep quality. So, if you don’t have the time to get familiar with the latest developments in mattresses, you may end up buying the wrong one. That’s why we are providing you with actionable advice to make the right choice. You deserve the best mattress possible and that, fortunately, doesn’t mean that you’ll go bankrupt. Buying Advice: Things to Know When Shopping Before investing a cent in any mattress, you need to evaluate your options and feel confident enough about the very best choice for you, and possibly, your...
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...professional. Include the type of industry products or services they provide. Mention any challenges that the organization is facing. ..................................................................................................................... 5 Part Three: What is the role of HR in the organisation? What are some of the challenges facing HR? From your understanding of HR what would you recommend as a solution and why? ........ 7 Part Four: Reflect on this interview. What were some of the major learning points for you and why? Knowing the experiences of your interviewee what would you do differently and why and what do you hope to do the same? .............................................................................................. 10 Conclusion ..................................................................................................................................... 12 References .................................................................................................................................... 13 INTERVIEW ASSIGNMENT – HUMAN RESOURCE MANAGEMENT-JACOB-RISHABH-SUSHIL 2 Introduction...
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...investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales. In 2013, Bezos purchased The Washington Post newspaper. Background Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen. Bezos's parents were married less than a year, and when Bezos was four years old his mother married his step-father Mike Bezos, a Cuban immigrant. As a child, Jeff Bezos showed an early interest in how things work, turning his parents' garage into a laboratory and rigging electrical contraptions around his house. As a teenager, his family moved to Miami where he developed a love for computers and excelled in school, becoming the valedictorian of his class. While in high school, he attended the Student Science Training Program at the University of Florida, receiving a Silver Knight Award in 1982. In high school, he also started his first business, the Dream Institute, an educational summer camp for fourth, fifth and sixth graders. Bezos pursued his interest in computers at Princeton University, where he graduated summa cum laude in 1986 with a Bachelor of Science in Engineering in electrical engineering and computer science. While at Princeton...
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...risk is seen as a virtue. How can an organisation adapt its culture to embrace innovation? If only the good Lord could look down as kindly on the creative efforts of us mere mortals. But that is the trouble with creativity and the Creationist mythology that underpins it: we are constantly waiting for the next miracle. In business, you will wait a long time for miracles. Coming up with new and successful ideas requires effective management and hard work -perspiration as much as inspiration. What are the real challenges that businesses and organisations face if they are ever going to unleash the creative genius lurking within their walls? 'Every company I meet has identified innovation and creativity as core values,' says David Walker of international creativity consultancy Synectics, 'but around 90% of them do nothing about it. Their behaviour just doesn't allow creativity to emerge.' The problem here is fundamental. The processes that businesses have traditionally wanted to hone and develop on the path to operational excellence run counter to creativity itself. » Jump to indexing (document details) Full Text (2612 words) Copyright Haymarket Business Publications Ltd. Mar 2004 [Headnote] Companies may identify fresh thinking as a core value, but this doesn't square with a corporate strategy in which minimising risk is seen as a virtue. How can an organisation adapt its culture to embrace innovation? STEFAN STERN reports Somewhere in the machine code that made possible the...
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...(1995-1998), the continuation of the activities of the Centre was confirmed by Resolution (98) 11 of the Committee of Ministers. The aim of the Graz Centre is to offer – generally through international workshops, colloquies and research and development networks and other expert meetings – a platform and a meeting place for officials responsible for language policy, specialists in didactics and methodologies, teacher trainers, textbook authors and other multipliers in the area of modern languages. A guide to project management is the fourth in a series of publications edited within the framework of the first medium-term programme of the ECML (20002003). The ECML’s overall role is the implementation of language policies and the promotion of innovations in the field of teaching and learning modern languages. The publications are the results of research and development project teams established during workshops in Graz. The series highlights the dedication and active involvement of all those who participated in the projects and in particular of the group leaders and co-ordinators. 1 The 32 member states of the Enlarged...
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...employees feel and how well the company can be competitive in the global market. If I could choose any place to work at it would be Google. Google is an innovative company that pride themselves on autonomy and diversity. Google is the leading search engine in the world, and also is a leading technological innovation company with many projects that are geared for a more advanced world of living. In 2014 Google was voted one of Forbes lists of best places to work for. It has been on the list for eight consecutive years and also has been on the list for two years as number one. Google was also number one on the Glassdoor list which is made from the reviews of employee's. Clearly I’m not the only one that thinks Google is a great place to work. Google Inc. prides itself in being different. Google has received a lot of attention for its unorthodox organizational culture, which is designed to encourage both creativity and also faithfulness. Google allows employees to have a life and give the most to Google as well with offering onsite daycare, paternity leave and health care facilities (Karol, 2014). Google has created many significant products through the focus on creativity and innovation, including the Google search engine, Google Maps and the Google Chrome Web browser (Thompson, 2015). Some of Google’s most influential...
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...don't know what they want until you show it to them." -- BusinessWeek, May 25 1998 View Slideshow View Slideshow One of the great things about Steve Jobs is what comes out of his mouth. The CEO of Apple Computer is a master of hype, hyperbole and the catchy phrase. Even when he's trying to talk normally, brilliant verbiage comes tumbling out. Here's a selection of some of the most insanely great things the man has said, organized by topic: innovation and design, fixing Apple, his greatest sales pitches, life's lessons, taking the fight to the enemy and Pixar. On Innovation and Design: "It's rare that you see an artist in his 30s or 40s able to really contribute something amazing." -- At age 29, in Playboy, February 1985 "I've always wanted to own and control the primary technology in everything we do." -- BusinessWeek Online, Oct. 12, 2004 "Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It's not about money. It's about the people you have, how you're led, and how much you get it." -- Fortune, Nov. 9, 1998 "It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them." -- BusinessWeek, May 25 1998 "It comes from saying no to 1,000 things to make sure we don't get on the wrong track or try to do too much." -- BusinessWeek Online, Oct. 12, 2004 "(Miele) really thought the process through. They did such...
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...Copyright © 2013 by William A. Cohen. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. ISBN: 978-0-07-177863-3 MHID: 0-07-177863-2 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07177862-6, MHID: 0-07-177862-4. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at bulksales@mcgraw-hill.com. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute,...
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...about the NSA secretly tapping into Yahoo and Google data centers to collect information from millions of accounts worldwide. The shocking evidenced released by Mr. Snowden reveals that lawmakers and politicians should take greater control over how and why they are using their surveillance technologies, and question whether or not the fight against terrorism justifies the use of these surveillance programs on citizens as well. Furthermore, it is important to ensure that there be continued innovation in internet security in order to create services and products which can counter-act the use of these programs on ordinary citizens who don’t want their data accessible to anyone but themselves. Spying agencies are able to cripple the civil liberties and the right to privacy of citizens, therefore it is imperative that the government protect the rights of citizens through reforms on Surveillance Acts, but it is also equally pertinent for citizens take initiative and push for new reforms and innovation in online security. Surveillance is defined as the “monitoring of people and systems in order to regulate their behaviour” (Castree) and has been a rooted part of many cultures and civilizations. Along with changing socio-political times, surveillance has transformed in shape and form due to the real and perceived needs of mass surveillance which continue to show up i.e. protection of the...
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