...The Role of Product Lifecycle Management Systems in Organizational Innovation Hamzeh K. Bani Milhim, Xiaoguang Deng, Andrea Schiffauerova, and Yong Zeng* Concordia Institute for Information Systems Engineering, Faculty of Engineering and Computer Science, Concordia University, 1455 Maisonneuve West, Montreal, Quebec, Canada, H3G 1M8 yong.zeng@concordia.ca Abstract. Innovation is a critical ingredient of today’s organizations. Innovativeness helps organizations to maintain their success and position in the market. Numerous research studies examine the factors that impact successful organizational innovation, for example organizational learning capability, organizational structure, etc. Product Lifecycle Management (PLM) systems have been widely implemented to support organizational innovation as well. In this paper, we will discuss the role of PLM systems in fostering the organizational innovation success. Moreover, future trends based on the current PLM systems that would provide further support to the organizational innovativeness will be explained. Keywords: organizational innovation, PLM systems, fostering innovation. 1 Introduction Innovation is considered as the major engine of organizational success. Organizations need to adopt and develop new products and services, and to improve their processes in order to maintain their goals such as profit, growth and continuous development. In addition, they are constantly required to increase their effectiveness...
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...of the interactive use of management control systems on product innovation Josep Bisbe a a,* , David Otley b ESADE Business School, Universitat Ramon Llull. Avda, Pedralbes 60-62, 08034 Barcelona Spain b Department of Accounting and Finance, Lancaster University, Lancaster LA1 4YX, UK Abstract SimonsÕ Ôlevers of controlÕ framework indicates that an interactive use of management control systems (MCS) contributes to fostering successful product innovation. However, his work is ambiguous in not specifying whether the relationship between interactive controls and innovation is a mediating or a moderating relationship. This paper examines the relationships among variables embedded in SimonsÕ framework of levers of control, explicitly distinguishing the different types of effects involved and testing their significance. The results of the survey-based research do not support the postulate that an interactive use of MCS favours innovation. They suggest this may be the case only in low-innovating firms, while the effect is in the opposite direction in high-innovating firms. No evidence is found either in favour of an indirect effect of the interactive use of MCS on performance acting through innovation. In contrast, the proposition that the impact of innovation on performance is moderated by the style of use of MCS is supported, with results indicating that the explanatory power of a model that regresses performance on innovation is significantly enhanced by the inclusion of...
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...ADEMOLA OLUTOSIN ONASHILE Innovation of Employee’s Leave Process Using the SAP System (A Case Study of Oceanic Bank Int’l Plc., Nigeria) Term paper Fall 2014 Business School, Seinäjoki Masters of Business Administration Advanced Marketing Management SEINÄJOKI UNIVERSITY OF APPLIED SCIENCES * Term Paper abstract Faculty: Seinäjoki Business School Degree programme: Master of Business Administration Specialisation: Advanced Marketing Management Author: Ademola Olutosin Onashile Title of Thesis: Innovation of Employee’s Leave Process Using the SAP System Supervisor: Mäkeläinen, Ville-Pekka Year: 2014 Number of pages: 25 Number of appendices: 0 _________________________________________________________________ This paper is written furtherance to series of class and group works done under the course: Advanced Marketing Management which is an MBA course and the view point is innovation of a certain process or service or product of an organization and show casing its marketing management perspective. Therefore, the author is dwelling on the innovation of the leave process of a particular Nigerian bank namely Oceanic Bank Int’l plc. Hence, the paper tends to sequentially take the case from introduction, focusing on the Everett M.Rogers’ diffusion of innovation as its theoretical framework. It gives numerous definitions of Human Resource Management (HRM) and the needs for HR in organzations. It also explains in a nutshell the...
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...Is technological innovation the main source of all economic development and change? How might differing research and development systems influence the performance of major nations? Introduction Technological innovation has come to be regarded as a central factor upon which success is contingent (Dodgson and Bessant, 1996: 3; Schumpeter, 1943: 83). Not only has it been considered a promise for generating competitive advantage but it has also been prescribed as a remedy for a broad range of managerial problems such as intense competition, globalised marketplace and technology fusion (Eris & Saatcioglu, 2004). Since the middle of the 20th century many theorists have explored the issue of technological innovation and how it influences performance on the national, industry and firm level. This report will firstly, compare the R&D systems of the USA, UK, Germany, Japan and China and then analyse the automobile and semiconductor industries in relation to these systems to show that technological innovation is not the main source of economic development. Technological innovation Various definitions of technological innovation have been devised as part of existing theories. In addition, technology and innovation are often used interchangeably. Throughout this report, however, technological innovation will be regarded as the usage and knowledge of tools, techniques, crafts or methods in terms of new products and processes (Porter, 1990; Nelson, 1993). Further, a distinction...
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...to benefit society globally. MISSION: · · · · To move forward as frontiers of human knowledge to enrich the citizen, the nation, and the world. To excel in research and innovation that discovers new knowledge and enables new technologies and systems. To develop technocrats, entrepreneurs, and business leaders of future who will strive to improve the quality of human life. To create world class computing infrastructure for the enhancement of technical knowledge in field of Computer Science and Engineering. PROGRAMME: B.E. CSE (UG PROGRAMME) PROGRAMME EDUCATIONAL OBJECTIVES: I. Graduates will work as software professional in industry of repute. II. Graduates will pursue higher studies and research in engineering and management disciplines. III. Graduates will work as entrepreneurs by establishing startups to take up projects for societal and environmental cause. PROGRAMME OUTCOMES: A. Ability to effectively apply knowledge of computing, applied sciences and mathematics to computer science & engineering problems. B. Identify, formulate, research literature, and analyze complex computer science & engineering problems reaching substantiated conclusions using first principles of mathematics, natural sciences, and engineering sciences. C. Design solutions for computer science & engineering problems and design system components or processes that meet the specified needs with appropriate consideration for the public health and safety, and the cultural, societal, and environmental considerations...
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...Assessment Task 1 BSBINN502 Build and sustain an innovative work environment Research and develop an innovative system Assessment Submission details: 1. Please include following details on the top of your assessment: • Your Name • Your Student Id • Your Trainer’s name • Title of your Assessment • Assessment Due Date • Actual Submission Date Please Note: Any changes in the assessment due date must be approved by your trainer. 2. This assessment must be in Microsoft word format. Following settings should be made for this assignment to keep consistency among all the assessments: |Body text |Page setup | |Font: Times New Roman |Top: 2.54 cm | |Font size: 12 point |Bottom: 2.54 cm | |Line spacing: Double |Left: 3.17 cm | |Text style: Normal |Right: 3.17 cm | | |Header: 1.25 cm | | |Footer: 1.25 cm | 3. Do not forget to attach the Cover Sheet at the front of the assessment. 4. Make sure you...
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...Innovation Systems and the Global Innovation Divide In these lecture notes the innovation system and the global innovation divide is discussed in detail. Firstly, innovative perspective from social networks to innovation systems is described, among them the main points are that the economic actions are implanted in the social relationships. Our social circle and relationships are responsible for our economic actions. The behaviors of people in the society pave the way to the economic actions of the whole community. If social relations are good then they lead to good actions in the economy and of they are not good then they pave the way to worse economic actions. These social networks are responsible for developing positive and healthy relations in the society that allow people to live a peaceful life. The social networks and other informal relations help in boosting and promoting innovation and creativity as newer ideas develop with socializing. Many people meet in order to work together for a common project or different projects and this will ultimately bring about innovation. They can even do wonders by inventing new products. Furthermore, Innovation systems at organizational, regional and national level are explained. The innovators are rooted in the layered relationship arrangements, communities and social networks. Because of the presence of trust, mutual relationship and cooperation in such groups the people learn from one another at the minimal or primary level. Further...
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...throughout the process to ensure success, and implementing a strategic plan involving new innovative ways and creativity as a vital part of the company’s culture. Describe the Situation Issue and Opportunity Identification The snack food industries over the past number of years have come to understand how this increasing commodity has broadened its horizon in this changing arena. In order to create a constant firm stand in this industry, Best Snacks will have to address the issues of the declining in sales, market share decreases, stock prices taking a dive, the jeopardy of losing its long-term popular place in the snack market and lack of innovation or creativity. Best Snacks has the opportunity to incorporate a cultural change program designed to increase employees’ creative thinking skills in which would enhance creativity and innovation. By doing this, Best Snacks would open up new realm of strategies in organizational theory, design and change. The issues and opportunities that Best Snacks are faced with are explained in Table 1. In analyzing and identifying...
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...Introduction to Innovation Management Prof. Paul Collins UWB Learning Objectives • Understand the Language of Innovation • Distinguish between innovation as artifact and process • Be able to explain the three innovation imperatives • Be versed in how innovation affects firm growth and performance • Articulate why managing innovation matters Prof. Collins UWB 2 I. The Competitive Challenge Techno-economic Revolution •We are in the middle of an estimated 50 year technoeconomic revolution that creates new growth opportunities and disrupts the basis of competition in many established industries (Hiemtra,2000) •Global markets mean increased competitiveness in terms of cost, quality, and innovation •Affects consumer demand by providing more options that offer multiple performance advantages simultaneously. Prof. Collins UWB UWB 3 Moore’s Law – Powering the Techno-economic Revolution •According to Moore’s Law, the number of transistors on a chip roughly doubles every two years (at less cost per unit of performance). •As transistor counts climb so does the ability to increase device complexity and integrate many capabilities onto a chip. • How does this affect your industry? Company? Prof. Collins UWB 4 Evidence (Forbes Study) Drivers of Value Creation Drivers of Value Creation What Forbes' Research Established (rank order) 1. INNOVATION 2. ABILITY TO ATTRACT TALENTED EMPLOYEES 3. ALLIANCES What Forbes' Readers Said (rank...
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...Isatis CO has successfully transitioned from a global strategy to a transnational strategy Which of the following descried the likely configuration of assets and capabilities that now most likely prevails at isatis C Dispersed, specialized and interdependent Which of the following describes the preferred sequencing of changes associated with implementing the typically more effective emerging change process model a.Change in individual attitudes and mentalities, then change in interpersonal relationships Which of the following strategic approach and strategic capabilities cannot be paired? d. global strategy and national responsiveness Frank is director of technology in an MNE in which most of the R& D Actives are performed The innovation process adoptedby Franks MNE is C .Center for global With responsibly for his company largely centralized R& D actives Frank worries that the center may not understand local market needs. To respond to these concerns Frank priory B. Ensure that several key people in the foreign subsidies are linked to invid at the...
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...Phoenix Problem Solution: Best Snacks Inc. Best Snacks, Inc. will assess past procedures, management practices, and organizational culture to facilitate the changes needed to strengthen its position in the snack industry as a model of innovation and creativity. Describe the Situation Issue and Opportunity Identification Despite its huge success, Best Snacks is facing several major issues within the organization. One of the issues is compatibility of organizational structure and organizational culture. Another issue the company is growing rapidly, so change is inevitable in the near future. In this environment, a project manager plays a crucial role in initiating new ideas and processes and influencing employees to accept these changes. Thus, appropriate and superior leadership style is essential during the transition. If Best Snacks wants to be a constant presence in the industry, the company must address these issues. “Innovation is the process by which organizations use their resources and competences to develop new or improved goods and services or to develop new production and operating systems so that they can better respond to the needs of their customers” (Jones, 2004, p. 403). Because change requires innovation to be successful, Best Snacks must assess and restructure the company, allowing for the introduction of new processes, technologies, and services for the organizational to move toward this new strategy and way of business. Best Snacks must plan...
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...Innovation and Change | The role of governments in promoting innovation | | | | Gitanjali Khadagade- c7094037 | 5/14/2013 | | Table of Contents 1. Abstract ........................................................................................................3 2. Introduction to innovation ....................................................................3 3. Benefits of innovation to businesses ..................................................5 4. Why should government support innovation? ..............................6 5. National Innovation Systems ................................................................8 6.1. Role of the Government ...............................................................9 6.2. Innovation Policies .....................................................................10 6.3. Aim of Innovation Policies .......................................................10 6.4.1. National Innovation System of Europe ..........................10 6.4.2. Government of UL ..................................................................11 6.4.3. Government of India .............................................................11 6.4.4. Government of Finland .........................................................12 6.4.5. Government of China .............................................................13 6. Observations and Conclusions ..........
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...Emerson Electric (Measuring Innovation) Successful Emerson Electric is a global manufacturing and technology company with businesses in the United States, Asia, Europe and Latin America. The company has five business segments that they operate in: process management, network power, industrial automation, appliance and tools, and climate technologies (Marketline, 2010). Emerson Electric sought to improve innovation by implementing a metric system to meet their goals. The company set a goal for all their 60 business units to make a third of sales from products released in the past five years. They are using sales as a measuring metric to see if previous products can still be profitable in today’s world. This can encourage incremental innovation if sales increase more than the goal of one third. In order to track new product sales separate from old products, Emerson Electric has come up with an approach to tracking in a more insightful, revealing, and effective way (Hindo, 2008). The way the system work is that managers divide new product sales into one of four categories: minor improvements, major improvements, products that are new lines for the business, and ones that are completely new to the world (Hindo, 2008). This system is able to help managers develop radical innovations instead of incremental innovations. By categorizing their products, Emerson Electric is able to see how much innovation have occurred in the past year compare to future anticipations. In the past...
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...Case Studies and Exercises Lecture 2. The Rise of Multinational Companies Case: MUELLER: China Bound? (A), (B) and (C). (308-358-1, 308-359-1 and 308-360-1). Discussion Questions: 1. What are the primary ownership advantages of Mueller? 2. What are the major ways in which Mueller could serve the China market? 3. What are their primary advantages and disadvantages?? 4. If Mueller decided to invest in China, what would be the main functions of its subsidiary? 5. How could the risks involved in the FDI to China be managed? Lecture 3. The Myth of the Global Company Case: Lafarge: From a French Cement Company to a Global Leader (304-019-1) Discussion Questions: 1. What are the main characteristics of Lafarge’s internationalisation strategy and competitive competences and how do these differ from those of other cement companies such as Cemex and Holcim? 2. What were the assumptions underlying Lafarge's strategy and how justified were these? 3. To what extent is Lafarge a French company with foreign operations, as distinct from a global MNC, and how is it likely to develop as a MNC? 4. What are the implications of Lafarge’s growth for the internationalisation of other French firms? Lecture 4. Competing Capitalisms in the 21st Century Case: Messier's Reign at Vivendi Universal (9-405-063) Discussion Questions: 1. What was Messier's strategy in transforming CGE into Vivendi, what assumptions was it based on and how justified were these? 2. What does this transformation reveal about the...
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...The Technological Innovation System Case study on the Danish Wind Energy System Questions 1 and 2: The two most important scientific journals that publish theoretical work on Innovation Systems: The two most important scientific papers are research policy with 330 published articles about innovation systems and technological forecasting and social change with 364 published articles on innovation systems. These two journals have the most articles published on Innovation systems and the biggest journal impact factor. The 3 most cited papers that cite the paper by Malerba, and their main research question: First reference: Geels, F.W. , (2004) From sectoral systems of innovation to socio-technical systems: Insights about dynamics and change from sociology and institutional theory, Research Policy, 33 (6-7), pp. 897-920. (Cited 380 times) Main research question: How can widening the unit of analysis from the sectoral system into an socio-technical system and conceptualize the dynamic interplay between actors, structures and institutions. Second reference: Tödtling, F., Trippl, M. (2005) One size fits all?: Towards a differentiated regional innovation policy approach, Research Policy, 34 (8), pp. 1203-1219. (Cited 294 times) Main research question: How can we construct an innovation policy for regions where innovation activities are strongly different between central, peripheral and old industrial areas Third reference: Bergek, A., Jacobsson, S...
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