...Introduction Nanoleaf technology is an inventive method of green energy collection, combining the conversion of light, heat and wind power. Integrated nanotechnologies enable the nanoleaves to convert solar radiation (light & heat) into electricity. Furthermore, the leaf petiole or the stem, and twigs comprise nano-piezovoltaic material -- these tiny generators produce electricity from movement or kinetic energy caused by wind or falling raindrops. A fundamental flaw in conventional solar cells is that electrons give too much energy by sunlight and lose that energy in heat form, as the electrons move thermally to the bottom of the conduction band. Solar Botanic "hot carrier" solar cells would use quantum dots (i.e., nano-particles) to confine electrons long enough so that they could be extracted before their energy dissipates as heat. With this process of combining the conversion of light, heat and wind, more energy is generated, as the "hot carrier" can now be efficiently used with the implementation of thermo-voltaic cells. The design of the nanoleaves is based on the principles of photosynthesis, a natural process where plants extract the light from solar energy, and along with CO2 from the atmosphere, convert it to starches and oxygen, the oxygen being emitted to the atmosphere. However, nanoleaves development has gone a step further, in that they are capable of harvesting the thermal and light energy from the sun’s energy and convert it to electricity. The stems...
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...Assuming that I am in the Marketing Group: This company has been successful because of our ability to keep customers happy. Many recent research show that our customers are looking for a smaller drive, specifically the 1.8” drive. The market is currently working on this, and we are behind competitors who are already offering the 1.8” drive. We recognize the importance of the 2.5” drive and there is no suggestion to stop producing it, but it is important to attend this new trend of the market. Whether it is going to be a market success or just another product on the shelves we still do not know, but numbers show that it is going to take market share from us if we do not produce it. This could be a turning point to this company. Let´s take the right direction. Assuming that I am in the Management Group: Developing a new product requires a lot of money and time investment. In this company we are dedicated to efficiently produce current products while the Project Management Office works in new revolutionary ideas. Changing from 2.5” to 1.8” drive makes no big difference to our customers and would mean a deviation from our plans, which includes changing the market with our future products. Furthermore, we are not copycats. We are an innovative company and our changes are recognized for having real utility to our customers. This 1.8” drive trend will be forgotten once we hit the market in a few...
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...Innovative Leadership Project Capella University History According to Intuitive Surgical Inc. (2014): The story of telerobotic surgery involves the union of two very different technologies and the emergence of a completely new approach to minimally-invasive surgery. The first of these technologies emerged in the 1940s and was called "telemanipulation" or "telepresence" the sensation that you are in one location, while being in another. In Robert Heinlein’s 1942 science fiction short story, entitled Waldo, the lead character, Waldo Farthingwaite-Jones, was born frail, weak and unable to lift his own body weight. Heilnlein describes a glove and harness device that allowed Waldo to control a powerful mechanical arm by simply moving his hand and fingers. About eight or nine years after Heinlein’s publication, these kinds of remote manipulators popularly known as "Waldoes" were developed in the real world. Using cable and linkages, they were used to move and manipulate hazardous materials and enter hazardous environments inhospitable to humans. The first telepresence robotic arm was developed in the 1950s for the same purpose. Raymond Goertz, an early pioneer in the field of robotics, developed the first master/slave manipulator to handle radioactive material while working for the Atomic Energy Commission at Argonne National Laboratory. . Analysis of Global Context Intuitive Surgical for over a decade has centered their studies on the technology of surgical...
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...Reaction Paper 61610387 ENTR Section B The reading deals with a concept called the Innovators dilemma, a paradox of sorts which goes as follows: Successful companies that dominate their industries tend to fail in the face of disruptive innovation. The reading states that innovations are of two types as follows: 1. Sustaining Innovations Sustaining innovations believe in the theory that “The customer is always right”. Sustaining Innovation is practiced by improving upon an existing product based on feedback received from customers. As mentioned in the reading, within each hard drive size, the larger companies (generally leaders of the industry) brought about incremental updates to the hard drives as time passed by. This process is similar to how mobile phone manufacturers bump up the specs of their cellphones when they launch an upgraded model each year. Most of them don’t do anything significantly different, but they provide more value to their existing customers. 2. Disruptive Innovations In most cases, a disruptive innovation follows exactly the opposite method. Many a times, a disruptive innovation seems like it offers less value as compared to existing market offerings. But the USP of a disruptive innovation is not specifications based. More times than not, a disruptive innovation doesn’t even compete with the existing product. Instead, it aims at creating a whole new market that will potential bloom in the near future. It capitalises on first mover...
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...Great American Innovators America has gone through great change from its foundation to present day. Many people have helped to shape the great country in which we proudly call home. Our nation has produced some of the great innovators who shaped the industrial revolution, modern day communications and the use of electric light bulb. The simplest things that we take for granted once were the greatest innovations of their time. Thomas Edison, Alexander Graham Bell and Henry Ford are three of the greatest men that have contributed directly to a many things that we use in our day to day lives and without these men we would not be the advanced society that we are today. Reaching for a light switch is something we do every day. This is possible due to the contribution of Thomas Alva Edison, the inventor of the light bulb. Edison was born on February 11, 1847, in Milan, Ohio (Frith 5). He did not attain a formal education due to the poor family in which he was raised instead he started working on the railroad at age 12(Frith 14). Although Edison did not complete school, he continued to learn and experiment. Edison set up a printing press in the baggage car on the train and sold his own newspaper to the passengers (Frith 17). He retold the news from one end of the rail line to the other end of the rail line, allowing the people to be better informed of their neighboring towns. He was also able to have a small lab to perform scientific experiments, at least until his chemicals...
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...The Sophisticated Innovator The Innovation Value Chain Rather than reflexively importing innovation best practices, managers should adopt a tailored, end-to-end approach to generating, converting, and diffusing ideas. by Morten T. Hansen and Julian Birkinshaw Mick Wiggins E XECUTIVES IN LARGE COMPANIES often ask themselves, “Why aren’t we better at innovation?” After all, there is no shortage of sound advice on how to improve: Come up with better ideas. Look outside the company for concepts and partners. Establish different funding mechanisms. Protect the new and radically different businesses from the old. Sharpen the execution. Such strategic counsel, however, is based on the assumption that all organizations face the same obstacles to developing new products, services, or lines of business. In reality, innovation challenges differ from firm to firm, and otherwise commonly followed advice can be wasteful, even harmful, if applied to the wrong situations. hbr.org 1179 Hansen_new.indd 121 | June 2007 | Harvard Business Review 121 5/2/07 8:05:09 PM The Sophisticated Innovator Consider how two different CEOs confronted the innovation challenges facing their companies. When Steve Bennett joined Intuit, the maker of the financial software programs Quicken and QuickBooks, in January 2000, it was a company with lots of ideas – most collected from outside the organization – but little discipline for bringing those ideas to market...
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...1 The Innovator’s Dilemma When New Technologies Cause Great Firms to Fail CLAYTON M. CHRISTENSEN Harvard Business School Press Boston, Massachusetts 2 Copyright © 1997 by the President and Fellows of Harvard College All rights reserved The Library of Congress has catalogued the hardcover edition of this title as follows: Christensen, Clayton M. The innovator’s dilemma : when new technologies cause great firms to fail / Clayton M. Christensen. p. cm. — (The management of innovation and change series) Includes index. ISBN 0-87584-585-1 (alk. paper) 1. Creative ability in business. 2. Industrial management. 3. Customer services. 4. Success in business. I. Title. II. Series. HD53.C49 1997 658—DC20 96-10894 CIP ISBN 0-87584-585-1 (Microsoft Reader edition) 3 Contents In Gratitude Introduction PART ONE: WHY GREAT COMPANIES CAN FAIL 1 How Can Great Firms Fail? Insights from the Hard Disk Drive Industry 2 Value Networks and the Impetus to Innovate 3 Disruptive Technological Change in the Mechanical Excavator Industry 4 What Goes Up, Can’t Go Down PART TWO: MANAGING DISRUPTIVE TECHNOLOGICAL CHANGE 5 Give Responsibility for Disruptive Technologies to Organizations Whose Customers Need Them 6 Match the Size of the Organization to the Size of the Market 7 Discovering New and Emerging Markets 8 How to Appraise Your Organization’s Capabilities and Disabilities 9 Performance Provided, Market Demand, and the Product Life Cycle ...
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...KAZALO 1. UVOD 1 2. KRATEK POVZETEK ČLANKA 2 3. ANALIZA ČLANKA 3 3.1. AVTORJI 3 3.2. REVIJA MIT SLOAN MANAGEMENT REVIEW 4 3.3. GLAVNO RAZISKOVALNO VPRAŠANJE, NAMENI IN CILJI ČLANKA 5 3.4. ANALIZA METODE 7 3.5. ANALIZA REZULTATOV 7 4. VREDNOTENJE 8 4.1. KRITIČNA PRESOJA 8 4.2. PRIMERJAVA S SORODNIM ZNANSTVENIM ČLANKOM 9 4.3. PRAKTIČNI PRIMERI 10 5. SKLEP 11 6. VIRI: 12 1. UVOD Seminarska naloga temelji na raziskavi članka The Age of Consumer-Innovators katerega avtorji so Eric von Hippel, Susumu Ogawa in Jeroen P.J. De Jong. Članek predstavlja potrošnike inovatorje, kdo to so in kaj je njihova vloga. Avtorji razkrivajo njihove kjučne lastnosti in dajejo podjetjem na znanje, da so le-ti izjemnega pomena pri ustvarjanju inovativnih potrošniških izdelkov. V članku s pomočjo znanstvenih raziskav analizirajo, koliko potrošnikov, starejših od 18 let je tudi inovatorjev. Gre torej za preučevanje ljudi, ki so primarno potrošniki, ker pa trg ne ponuja produkta, ki bi ustrezal njihovim potrebam, ga posledično ustvarijo sami. V seminarski nalogi želim ugotoviti, kako pomembni so potrošniki inovatorji za družbo in podjetja. Ali so njihove inovacije vir za uspešna podjetja in kako se sama podjetja oziroma večje korporacijo obnašajo do njih. Ugotavljala bom tudi, kakšni so razlogi, ki spodbudijo potrošnike k ustvarjanju novih izdelkov in če to počnejo zgolj za sebe ali so njivovi nameni usmerjeni višje. S primerjanjem in analizo dodatne literature...
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...The DNA of Disruptive Innovators Kathy Torres kdellosa@capellauniversity.edu Leading Innovation in the Global Organization Jane Gibson February 28, 2015 Introduction This paper will be discussing two leadership models that support innovation, Democratic/Participative and Transformational. The discovery and delivery skills brought forth by the authors of The Innovator’s DNA will follow the discussion on leadership models. Lastly the writer’s strengths and weaknesses of being innovative will be analyzed. Innovation Supported Leadership Models Each leadership model has a different approach. The leadership models that this researcher found to be the most in-line with innovation are Demographic/Participative Leaders and Transformational Leaders. Democratic/Participative Democratic leaders are also known as participative leaders. Both descriptions fit this model. This type of leader requires participation from a team of players with the ultimate decision on the leader. This leader asks for input and then will study the ideas to make the final decision. By using the team’s input the players feel more satisfied and valuable, as well as a sense of ownership (Loiseau, 2015). The reaction to change is more positive by the team players. The players feel this way because they were consulted and contributed in the initial decision making process (Loiseau, 2015). There is a drawback to this leadership model. It is more difficult to include the team when decisions need...
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...An innovator is a person who introduces new methods, ideas, or products. Ida B. Wells, born in Holly Springs, Mississippi, was a daughter of slaves. After the Civil War ended in 1865 and the 13th Amendment was added to the United States Constitution, just like many freed slaves, her family enthusiastically pursued education and business. Wells began teaching and soon found out that being legally equal to whites did not mean being treated equally, She learned this after she paid for a first class train ticket and sat in the car reserved for white ladies and was told to move back which she refused to do, and she was physically dragged from the train as the white passengers applauded. Wells became a journalist after that incident and led an anti-lynching crusade, as well as forming groups fighting for African-American justice. Ida B. Wells affected America culturally by informing the public about racial and women rights, psychologically by changing how individual’s thought about...
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...Critical Thinking 6 Halliburton By Sam Speak Intro Halliburton has positioned itself in the Rocky Mountain Region (Colorado to North Dakota) over the last 3 years as a large, reliable company with superior oilfield service capabilities (Go Further, Faster) primarily in Production Enhancement, or frac. During the recent boom, it has captured a majority market share and set itself up well for the coming years in retaining it. The Market* Oilfield is a very dynamic industry, fluctuating widely with the price of crude oil and technology (Williams, 2011). It is these large fluctuations that have led to the boom-and-bust nature of the business, including the recent boom in North America thanks to elevated prices and hydraulic fracturing technology. Unlike most other industries, this instability in oilfield has elevated the importance of readiness and mobility. In coal mining, for example, coal is often found in one area, has a relatively constant price, and can be mined in one or several locations for many years. The company that mines the most efficiently generally wins. Oil is different-it flows, for one thing. Once leases are open to purchase, companies rush in to buy up land, and punch as many holes along the edges of those leases as possible, before their neighbors do the same thing and drain some of their reserves. (This occurs less readily in tight reservoirs) A drilling rig is rarely on one land well for more than several weeks, let alone years. Thus, the...
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...Dexter Davis Professor Heppding History 221- D16 14 November 2011 Determined Statesman, Self Promoter and Innovator 1. Bio of Benjamin of Franklin 2. A young child as an avid reader 3. A journeyman printer and continual pursue as a writer 4. Benjamin the journalist 5. Benjamin achieved success as a clerk of the General Assembly and became the Poster- Master General in Philadelphia 6. Benjamin the Statesman, Self promoter and Innovator 7. Conclusion Benjamin Franklin was one of the founding fathers of the United States. He was born in Boston on January 17, 1706. Benjamin was the youngest son of seventeen siblings. He did not complete his formal education; however, he was a person who was extraordinarily ambitious, free thinker, self-promoter and a determined innovator, who changed many minds and cultures through his journalisms, inventions, political influence, scientific researches, statesman and diplomat. Benjamin, as a young child, read many books that he could get his hands on, such as the first collection, “Paul Bunyan’s” literary work that he treasured, and later sold, to purchase Burton’s Historical Collections. His father, Josiah Franklin had his own library. However, majority of his father's book were religious materials, moreover, Benjamin did not enjoy reading them; that became a turning point for not becoming a clergyman. He continues to pursue other interest books, such as “De Foe’s”, an Essay on Projects and “Dr. Mather’s”...
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...“Emerging Markets: From Copycats to Innovators Introduction Some of us are aware, especially those who are tech geek like I am, that, Tech companies are notorious for copying each other’s products and services, essentially “stealing” ideas. While some consumers get frustrated with companies releasing copycat products, the reality is that this game of one-upmanship results in better services for the consumer. Just to cite a few examples, according to P. Baumgartner (2008). “Don’t knock copy-cat innovation, it fuels the real stuff” at ventureburn.com, “Google wanted a more networking-friendly Facebook, so it created Google+. Apple’s team wanted its own navigation app, so it onced tried Google Maps. Facebook didn’t want to miss out on Snapchat-sized success, so it created Poke”. The bottomline is competition. While companies squable to get to to the top spot, they have to generate fresh, dynamic ideas to get the consumer’s attention. In competition, copying, repackaging, or rebranding, innovating or recreating is part of the game. The good news is that they all wind up, somehow to taking their costs down and subsequently their prices down as well. The winner is that company who have low cost input who could do mass production and move its inventory faster than the other. While companies battle head to head for the top spot, the ultimate winner is watching, waiting for that product of top quality and gives great value to the pocket – the customers like you and me. The...
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...Provide Place for Excellent Innovator in Your Country By: Fransiska Erni (131214146) www.nkri.web.id Josaphat Tetuko Sri Sumantyo Indonesia is a country for many people. It is a home. We live here every day with all the bad and good things. Moreover, every country has what is called as beyond achievement and less achievement. Indonesia with actually has many genius people can raise the country in international. What is the problem then? Our problem is the majority of those genius people are working for foreign field. It is such a joke. We always want our country better and better, appreciated by others country, making great innovation, and creating excellent technology to have others country impression, but we have wasted around for only looking a person with the mark he or she has in the “body”. If we looking for smart, ductile, and genius people, we already have them all. What we have not had yet is the ability to look encourage the potential that those people have and we also have not found the way to empower them. Therefore, those with great ideas on their mind stay in other country to pour their ideas to a great invention after they finish their study. Josaphat Tetuko Sri Sumantyo, Bandung, who is working in Japan, is one of those people. He is an expert of Remote Sensing and has created the larger drone in Asia. Josh is one example of innovative people in Indonesia. We still have many, but we will lose them for the development of our country if we never care about them...
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...The Role of Leaders in Innovation Capella University Leading Innovation Global MBA6006 The Role of Leaders in Innovation Introduction The role of leaders in innovation is crucial to the success of businesses and for their continual growth in the economy. Leaders have to possess the DNA of innovators in order for them to lead their companies to newer heights in the industry and world. “Innovation is the lifeblood of our global economy and a strategic priority for virtually every CEO around the world” (Dyer, Gregersen, Christensen, year, pg 1). Therefore, leaders must incorporate the DNA of innovators. The introduction should tell us the precise purpose and organization of the paper. Leadership Models There are many leadership models that companies can incorporate to support innovation within their organizations. Depending on the specific company and what they are trying to achieve, one leadership model may be beneficial for one company to implement while it may fail another companies company’s goals. Nevertheless, there are two leadership models that can encourage and support innovation, which are the situational leadership model and the transformational leadership model. Situational Leadership Model The situational leadership model supports innovation in organizations due to the different personalities and strengths of their fellow subordinates within the company. This model also supports the innovation in the organization because each issue and...
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