...Abstract The intent of this paper is to create a leadership plan for an organization currently facing changes on many facets. The owner of Innovation Inc., Garret Salmon, is hoping to bring his daughter, Joan Salmon, in as his successor in the role of CEO of his company. This paper will outline what the new leader, his daughter, must do to facilitate change, establish trust, develop relationships and create an innovative and ethical plan to ensure success in a constantly changing world. Through prioritizing goals and creating a leadership plan, both father and daughter will be able to set goals for themselves in order to develop a new and more innovative vision. This paper will also explore the relationship between Innovation Inc. and other businesses in their location of Kent, Washington, and will also examine the pressures of “going green” the company is experiencing from the public. Leadership Plan of Innovation Inc. Historically, successful leaders have demonstrated similar qualities. It is these qualities upon which good leaders rely for their success. Whether they were loved, hated, admired, revered or forgotten, successful leaders achieved success and passed down their legacy through values, morals, beliefs, lessons, stories and even through their succeeding generations. One of the more common and preferred method of turning over the reins of leadership is through inheritance. What it takes to be a leader is constantly evolving and has been for millennia...
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...Innovation Process Paper and Presentation –Claudia Sykes The development of something new is fairly complicated, and it can be quite difficult to apply the innovation process to change an organization. “In its uncomplicated form, the innovation process consists of three particular phases: conception, implementation and marketing.” (Christ, Scott 2010.) Establish a measurable need where modification or alternation may help change the organization for the better. Consider perceptible things like your culture and employee morale and more definite items like your web-site or connecting better with a particular customer. This point can be supported by our week two assignment, when IBM’s CEO; Sam Palmisano had an innovative idea, “the internet.” Compose a complete and comprehensive breakdown of the hypothesis and make sure it addresses the unmet needs. Organize the proposal like a business plan and include an overview of the main points of the business plan, an objective, and how you are to implement plan. “This identifies the conception phase of the innovation process”. (Christ, Scott 2010.) Take your proposal to a member of your team who has influence with high ranking members of your organization. Experiment with your presentation, ask an affiliate, or a team member who will be helping drive your idea forward, to review your analysis and provide candid feedback. Edit your ideas based on observation from your colleagues. Take all criticism into consideration and think...
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... 3 INNOVATION………………. . . . . . . . . . . . . . . . . . . . . . . . . . . . ………………3-4 PEOPLE……………….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .......5 STRATEGY………………….. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..5-7 SUCCESS………………………. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7-8 INTRODUCTION Kraft Foods was founded in 1903 by J.L. Kraft who began by buying cheese at wholesale markets in Chicago and then reselling it to local merchants in the area. Until 2012, Kraft Foods was primarily made up of three major businesses Kraft Foods, General Foods and Nabisco. Each of these businesses had gone through growth and mergers over the years and in 1995 the company was brought under the name of Kraft Foods and consolidated into one company. In 2004, Kraft Foods came to the realization that they needed one Enterprise Resource Planning (ERP) system to consolidate all of their business activities under one system for all locations within North America. Kraft Foods decided to implement SAP, which they had previously chosen for their manufacturing and distribution locations within Europe. SAP is a very popular ERP system that is generally used by large companies who are looking for a Best of Suite system to do a wide variety of functions. This case analysis will review the history of the SAP implementation at Kraft Foods including the innovation, people...
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...Innovation, Design and Creativity Paper Laura Cuda University of Phoenix OI/361 Rebecca Montano May 13, 2013 Innovation, Design and Creativity Paper Innovation The definition of innovation states “The process of translating an idea or invention into a good or service that creates value or for which customers will pay” (Business Dictionary, 2013). For an organization to have an innovative proposal; the suggestion should replicate an inexpensive cost while satisfying a customer need. The fundamental foundation of innovation involves the calculated application of information, imagination and initiative (Von Stamm, 2008). This groundwork adds value on all processes in which new concept are generated and converted into useful products / services. Innovation that is applied in business will result in ideas that are useful by organizations to promote positive performance and consistent clientele. Innovation is categorized by two broad categories (Von Stamm, 2008): 1. Evolutionary Innovations: Organizational Improvements that bring numerous incremental advances in technology or processes. 2. Revolutionary Innovations: Organizational Improvements that is categorized as disruptive and new. Innovation is associated with taking risk while creating revolutionary products / technologies. There are two levels of innovation: continuous and discontinuous (Von Stamm, 2008). In an example of continuous; Jack Daniels could increase the product life cycle of whisky by adding honey. This honey...
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...Book Report for Sr. MOT Race Against The Machine Author: Erik Brynjolfsson & Andrew McAfee Executive Summary “Race Against the Machine”, is an agglomeration of the mercurial amelioration in technology in the past decade. How this perturbs the inception of new jobs? Why it impinges the need for human labor? And proposition to sustain the race “with” the machines. Key Takeaways * How Technology and Innovation have affected Employment and the Economy * Impact of contemporary technology on wages, employment and economy * The receding need for human work force as technology exceeds its threshold * Divergence between skills of labor, superstars, capital and labor. * How to change track from racing against the machine, than to race with the machines Key Definitions * Complimentary Innovation: Innovations that are triggered with the development of antecedent innovations. * Skilled Based Innovation Change (SBTC): shift in the production technology that favors skilled over unskilled labor by increasing its relative productivity and, therefore, its relative demand. (Easley, 2008) * Customer Relationship Management (CRM): is a widely implemented model for managing a company’s integration with customers, clients, and sales Prospects. (Wikipedia , 2012) * General Purpose Technology (GPT): Are technologies are that can affect an entire economy, at a national or global level. (Wikipedia, 2012) * Enterprise Resource Planning (ERP): systems...
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...Paper Review – Architectural Innovation Incremental and radical innovation have always been the centerpiece and basis of a company’s innovation strategy. Henderson and Clark (1990) however, attempt to bring another categorization of innovation to the foreground. Termed as architectural innovation, they define it as “innovations that change the way in which the components of a product are linked together, while leaving the core design concepts untouched”. This type of innovation serves to make established architectural knowledge, knowledge of how individual components interact with each other, obsolete. In their paper, they established that organizations that are deeply entrenched in existing architectural knowledge have high levels of inertia to change when there is architectural innovation. Firms tend to resist such changes due to the high costs for an overhaul of existing systems or their inability to recognize such innovation. Without recognising and acting upon it, established firms may decline despite being the inventor of the core technologies in a system, much like in the case of Xerox. New entrants, on the other hand, have a greater advantage as they are not encumbered by existing but partially irrelevant architectural knowledge. That being said, it is not easy to recognize such innovation since the core technologies doesn’t change and this could lead firms to mistakenly believe that they are able to comprehend the new technology. This new concept, or rather category...
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...Inuit of the Artic Kinship ANT 101: Introduction to Cultural Anthropology September 29, 2012 As we study anthropology we ask ourselves the question, what is anthropology and what is the meaning of cultural? In the studies we learn that anthropology is the study of people, their origins, and their cultures. We learned that cultural is the system of government, style of dress or even types of sexual behavior and food. So we put together the words cultural anthropology and the text tells us it is “the comparative study of human cultures with the objective of deepening our understanding of the human condition” (Laird, 2010). With all this to reflect on, this writer will discuss the kinship systems of the Inuit people and their cultural and how it affects them. “The kinship among people is described as is a relationship between any individuals who share a genealogical origin, through biological, cultural, or historical descent. It is one of the most basic principles for organizing individuals into social groups, roles, categories, and genealogy” (Versatile, 2011). The kinship system among the Inuit is describe as the lineal system of terminology emphasizes the nuclear family by specifically identifying mother, father, brother, and sister, while merging together all other relatives such as maternal and paternal aunts, uncles, and cousins, without differentiating among them. An example, one's father is distinguished from his father's brother (uncle) but one's father's brother...
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...Abstract 1 – Strategic Planning vs. Strategy Innovation In business, it is essential to differentiate between strategic planning and strategy innovation. Many corporations have defined processes for carrying out strategic planning - which is basically studying historical data and forecasting anticipated outcomes for the future (Scocco, 2010). It involves creating a fit to the current business model, a process centered on the company aiming to exalt the processes already in place. This method has one big flaw, however, because it relies on the assumption that the future will mirror the past. Strategy innovation, conversely, creates new business models, as it is centered on the market aiming to find new ways of creating value through new processes or products. Overall strategic planning is a major analytical process while strategic innovation is a creative one, and as Henry Mintzberg said “…nobody in the history of the world has ever created a strategy through an analytical process” (Scocco, 2010). Strategic innovation is designed to succeed in dynamic markets but that does not mean strategic planning is an obsolete management tool. The two can and should co-exist; companies should start by carrying out strategic innovation in order to identify future business opportunities and trends in the market. Afterwards they transfer what they discovered into the analytical process, making sure the action plan will fit the company’s resources, processes and values (Scocco, 2010). According...
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...The paper introduces the category of “architectural innovation” on the basis that seemingly minor changes to technology which may earlier be classified as an incremental innovation can have competitive consequences of a radical one. The key concept is the distinction between component knowledge and architectural knowledge. The paper argues that firms concentrate on refining components within a stable architecture established by a dominant design, and consequently, their “information-processing capabilities” are shaped by the existing architecture. While building upon component knowledge, their architectural knowledge is outmoded and made obsolete by architectural innovations. Their resulting inability to identify or understand new interactions between components has serious competitive consequences. The conceptual framework of the paper is clear and straightforward. The main argument is advanced in a logical manner, and supporting premises (such as the way organizations manage knowledge) are supported by prior literature. Within the boundaries of the paper’s assumptions, the argument is persuasive. Furthermore, the application to the photolithographic alignment (PA) equipment industry justifies the model. The trends in the industry suggest the conceptual framework is largely accurate. Nonetheless, the assumptions made limit the usefulness of the concept. Firstly, the analysis of firms’ information-processing is restricted to communication channels, information filtering...
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... |Course Syllabus | | |School of Business | | |OI/361 Version 1 | | |Innovation, Design, and Creativity | | |for a Competitive Advantage | Copyright © 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course will provide students with a solid foundation in innovation, design, and creativity. Additionally, students will be prepared to apply relevant principles, tools, and techniques to promote and sustain organizational innovation for competitive advantage. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class...
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... |Syllabus | | |School of Business | | |OI/361 Version 2 | | |Innovation, Design, and Creativity for a | | |Competitive Advantage | Copyright © 2012, 2008 by University of Phoenix. All rights reserved. Course Description This course will provide students with a solid foundation in innovation, design, and creativity. Additionally, students will be prepared to apply relevant principles, tools, and techniques to promote and sustain organizational innovation for competitive advantage. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies...
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...Assignment (Term Paper) : Research Focus and Methodologies for Understanding Innovation in Small-Medium Enterprises (SMEs) Course : Qualitative Case Study Research Faculty : Prof. Rajen Gupta, MDI Submitted by : Davinder Singh, EFPM (2011) Research Focus and Methodologies for Understanding Innovation in Small - Medium Enterprises (SMEs) Introduction Innovation is a product, service, or process that is new or perceived as new by its developers and provides increased value to user and organization (Van de Ven, 1986). The ability of an organization to innovate is increasingly being considered as the most important factor for competitive advantage (Tidd et al., 2001). Importance has been laid on building innovative organizations and the management of the innovation process with the organizations. This is increasingly being considered important for small-medium enterprises (SMEs) and has been researched from multiple perspectives. The aim of this paper is to discuss, the areas of innovation in SMEs which are focus of recent studies, and the various research methodologies utilized for these studies. The importance to study innovation in SMEs is discussed in the succeeding section. This is followed with discussion on research studies undertaken in this field in the recent past. The difference in the ontological perspective and the consequent use of different research methodologies has been discussed using construct of ‘knowledge’ as illustration. Innovation in SMEs ...
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...Christian University, Tainan, Taiwan, Republic of China). Title: Factors affecting innovation in logistics technologies for logistics service providers in China. Source: Journal of Technology Management in China/Emerald Group Publishing. 2) Does it build upon appropriate theories or framework? If so, commend on the theories or framework been used. Yes, this issue had been build upon appropriate framework. This journal had been proving the importance of innovation in the logistics technologies. Through its theoretical details, many definitions of innovation had been given by journal writers all over the world. In order for companies to gain competitive advantage, they must embed the use of both innovation and technologies in running their business. Some defined innovation as a line of discipline, learning, and practicing their capabilities to expand opportunities for running a business or services. However, theoretically innovation is any product or services that are improved and upgraded with a more value added components. The journal is summarized as to have a number of factors influencing the innovation in logistics technologies, which includes the internal factors and the external factors. The internal and external factors are said to be the research framework. The internal framework basically explains on the adaptation of innovation in a business. Hence, the adaptation of innovation in organizations can be influenced by the feature of the organizations, structures...
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...contend that organisational leadership is an embellished concept in that it is not necessary in attaining organisational performance since there are other internal and external factors that come into play ( Ismail et al,1998; (Bass& Avolio,2002;(Munjis,2011). A number of researches and studies have been carried out to demonstrate that leadership and organisational performance, commitment and innovation go hand in hand (Judge, Bono, Ilies and Gerhardt, 2002; Judge and Piccolo, 2004; Keller, 2006; McGrath and MacMillan, 2000; Meyer and Hepard, 2000; Purcell, Kinnie, Hutchinson and Dickson, 2004; Yukl, 2002). Conversely, some studies for instance, House and Aditya (1997) suggest that is not a key factor in achieving organisational performance, commitment and innovation. Due to the conflicting findings concerning the role of leadership and organisational performance, commitment and innovation, point out there is a need to study the role of leadership comprehensively. House and Aditya (1997), suggests studying the importance of leadership on organisational performance, commitment and innovation is necessary...
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...Creating an Innovation Paper Daniel Felock Grand Canyon University: ENT 435 September 14, 2014 Create an Innovation According to merriam-webster.com (2014), an innovation is defined as a new idea, method, or device or the introduction of something new ("Innovation - Definition and More from the Free Merriam-Webster Dictionary," 2014). Innovations have been known to hurt companies, such as “New Coke”. According to Time.com (2014): Marketers should have known — don't mess with consumers' sentimental attachment to a product. Especially when it's 99-year-old Coca-Cola. The "newer, sweeter" version, introduced April 23, 1985, succeeded in blind taste tests but flopped in the real world. Phone calls, letters and rants from Coke die-hards flooded in, and just three months after its debut, New Coke was removed, and the word Classic was added to all Coke cans and bottles to assure consumers they were getting their first love ("New Coke - The 50 Worst Inventions - TIME," 2014). According to cdc.gov (2014), statistics from 2013 have shown a large number of people within age groups that have has a dental checkup within the last year: * Percent of children ages 2-17 with a dental visit in the past year: 82.3% (2012) * Percent of adults ages 18-64 with a dental visit in the past year: 61.6% (2012) * Percent of adults ages 65 and over with a dental visit in the past year: 61.8% (2012) These stats show that there can be a need for a new innovation to help track...
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