...M5.05 Leading innovation and change 1. Explain the importance of innovation for own organisation 1. Explain the importance of innovation for own organization I work in an authority responsible to implement the EU legislation in our country. One of the aims of the organization is to draft policies and to attend meetings concerning the EU policies. EU regulations are directly applicable to each Member State, while directives need to be transposed by the responsible officials. Before any decisions are taken consultations are carried out with the industry, the general public and any interested stakeholders. When a legal tool is in place there is always a transition in which the regulation is implemented hence the industry and the public will have ample time to the new regulations. During this time awareness and publicity is necessary so that we reach as many concerned people as possible. Innovation is important within my organization since there is the need to find new ways to increase publicity of the organization and at the same time we need to educate the public. We are not very reactive to the outside environment hence we need to become more innovative and inherently more adaptable to the external environment. This will allow us to be proactive and more effectively to capture opportunities. Innovation within my organization is needed, mainly in the following aspects: • Service innovation – where new and better service offerings to customers should...
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...Unit 2 Assignment 1 – The Role of Leaders in Innovation MBA6006 – Leading Innovation Global Org Shyla Hasal Capella University INTRODUCTION With the changes in technology and globalization, most organizations today are faced with a dynamic environment. It is important that organizations operating in today’s economy need to be more artistic and innovative to stay alive, to contend, to develop, and to lead. Innovative companies are almost always led by innovative leaders (Dyer, 2011). Leaders are people who are able to think and act creatively in non-routine situations – and who set out to influence the actions, beliefs and feelings of others (Doyle, 2001). Classical Leadership First, to lead involves influencing others. Second, where there are leaders there are followers. Third, leaders seem to come to the fore when there is a crisis or special problem. In other words, they often become visible when an innovative response is needed. Fourth, leaders are people who have a clear idea of what they want to achieve and why (Doyle, 2001). Literature over the last 80 year list four main “generations” theories of leadership which are: Trait theories, Behavioral theories, Contingency theories, and Transformational theories. Strategic Leadership Strategic leaders must develop and maintain a culture that fosters and encourages innovation, and invest in the development and exploitation of innovation (Pellet, 2008). According to Krupp (2013), most executives do not consider...
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...Foundations of Leading Innovation Capella University Introduction This paper examines the leadership practices of managing change and employee development and how they support organizational innovation, analyze how discovery skills support innovation and successful innovators, and explore the author’s own strengths and weaknesses in using discover skills and the leadership practices of managing change and employee development. An organization that develops and fosters the right leadership culture has a competitive advantage over organizations that do not embrace the benefits of a strong leadership culture. Developing and fostering a culture of high performing, innovative leaders at all levels of an organization is more beneficial than creating business plans or adopting the latest leadership trends that will quickly be forgotten and will become obsolete by changes in the marketplace (Waagen, 2002). Leadership Practices That Support Innovation in Organizations Managing Change Developing and facilitating strategies for managing organizational change effectively are skills that high performing leaders are able to utilize in order to be successful. High performing leaders see change as opportunities and are able to adapt and lead others through the change. Change for them is not a challenge or a setback but opportunities to adapt to changes occurring around them and to help other overcome their resistance and fears to the changes. According to (Leslie, 2009 pg.12), “being...
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...LEADING INNOVATION AND CHANGE INSTITUTE OF LEADERSHIP AND MANAGEMENT LEVEL 5 AWARD /CERTIFICATE/DIPLOMA AC 1.1 EXPLAIN THE IMPORTANCE OF INNOVATION FOR OWN ORGANISATION Innovation is central to the future of the organisation (Trust) effectiveness to operate in the external/internal environment. The organisations culture needs to set the conditions and processes for Innovation and creativity to take place. Innovation can help set the strategic direction and enhances the ability to respond to key factors identified in a PESTEL analysis or organisational SWOT (appendix a). Evaluating key factors identified in the PESTEL analysis highlights why innovation is important to the organisation: Benefit | Factor | SIMILTANEOUSLY IMPROVE QUALITY AND PRODUCTIVITY | Better use of technology aligned to business strategyEnsure assets are fully usedDevelop IT for patient self-service systemsMaintain focus on high standards of practice, documentation and communication with patientsImprove health education use of social mediaProvide employees with stimulating work that creates a sense of personal growth | ECONOMIC GROWTH BECOMING MORE COMPETIVE | Improve business processesIncrease investment in sciences and technologyCreating confidence for external investmentCreate business partnerships | TRANSFORMS PATIENT OUTCOMES | Improved decision makingNew medicines, medical technologiesFocus on treatments in the homeGood informatics | An important consideration when new innovations...
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...Make sure your Numbers paragraph follows guidelines on both sides of handout Numbers Intro Paragraph Grading Rubric 1. Presentation 20 points __ 4 3 2 Margins All 1 inch __ 4 3 2 Page Number Last name & page number in header, right justified __ 4 3 2 Title Block Following sample on other side __ 4 3 2 Line Spacing All double space—NOT 1.15 + double space __ 4 3 2 Title Represents Thesis; no extra space before or after; no bold, no underline, 12 pt font, capitalized first word and all words except prepositions (in, on, etc.), conjunctions (and, or, etc.), and articles (the, a, or an) 2. Organization 50 points (20, 20, 10) __ 20 18 16 Intro Sentence Get reader’s attention. Begin with something recognizable and then transition to Numbers—2 sentences maximum __ 20 18 16 Thesis/Main point of Numbers—A thesis statement is a single declarative sentence that states what you want your readers to know, believe, or understand about the content of Numbers after having read your essay—1 sentence __ 10 9 8 Points/Proofs 1. Moving from Sinai to the border of the promised land 2. Rejection of the promised land 3. 40 years of wasted travel 4. Balaam, Balak, and Baal-Peor—the end of the 1st generation Rewrite my 4 points: 1–3 sentences to defend your Thesis 3. Mechanics: 30 points __ 30 27 24 Read through 3 times checking for errors ___ TOTAL Example from Deuteronomy Dino Pedrone,...
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...Littlefield Technologies Assignment 5 PM on February 22 . Starting at 5 PM on Wednesday, February 27, the simulation will begin The game will end at 9 PM on Sunday, March 3. Accessing your factory http://quick.responsive.net/lt/toronto3/entry.html Littlefield Technologies’ Operations board stuffing testing tuning Operations Policies at Littlefield Purchasing Supplies Processing in Batches Contract Pricing Borrowing from the Bank Cash Balance The winning team is the team with the most cash at the end of the game (cash on hand less debt). Current State of the System and Your Assignment At the end of day 350, the factory will shut down and your final cash position will be determined. Starting at 5 PM on Wednesday, February 27, the simulation will begin The game will end at 9 PM on Sunday, March 3. PLEASE DO NOT WAIT UNTIL THE FINAL SECONDS TO MAKE YOUR CHANGES. SOMETIMES THEY TAKE A FEW MINUTES TO BE PROCESSED. Written Assignment: Analysis of Game 2 of Littlefield Technologies Simulation Due March 14, 8:30 am in eDropbox Your group is going to be evaluated in part on your success in the game and in part on how clear, well structured and thorough your write-up is. The write-up only covers the second round, played from February 27 through March 3. It should not discuss the first round. Your write-up should address the following points: • A brief description of what actions you chose and when. Not a full list of every action, but the major...
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...Case 1: Malincho (Word limit: 1000 words, A4, 12-times new roman, 1.5 line spacing) Q1. What is the Case all about? The case is all about Mr. Kalin Pentchev’s business. Kalin is a Bulgarian who traveled to the US for his Accounting and Finance studies. His experiences and discussions led him to the cheese business: Bulgarian feta importation. The case describes his story from 2000 to 2003 where he started from nothing and built a well-established business. His activity went from importing containers of cheese only, to importing a variety of Eastern European products. * First time business * Early stages * Opportunities Q2. Please describe Mr. Kalin Pentchev’s personality Kalin is a hardworker, selfmade man who doesn’t seem to have limits on what he can do to create a successful business. He has an interesting personality because he can spend a lot of time brainstorming before taking a decision, but when it comes to solve an urgent issue he is able to think fast and adapt to almost any situation. Intelligent with strong business abilities, he knows how to manipulate peoples mind like when he decides to buy a brand new car and a suit just to impress the people he has to make business with. Q3. Is It a good opportunity for Kalin’s business? Kalin started from almost nothing. He had to take risks, think fast and use his network to succeed, while remaining aware of the costs and benefits of everything. His personality suits perfectly for his activity since you need...
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...LG. All of these companies are well known in the US and have control over the market. Haier Group will have to lower their prices for their products in order to get U.S. consumers to want buy their products. Then they’ll have to convince U.S. consumers that their products are comparable with the other major brands when it comes to productivity. When they achieve this goal there will be no stopping Haier. B. THE SITUATION Haier Group started out in 1984 and was enterprise that was owned by the Chinese government. They originally imported refrigerator technology from Germany. Haier would eventually start to venture into international expansion, acquisitions and mergers, capital operations, scientific management and technical innovation. The company was able to transform from a small enterprise in 1984 with a debit of 1.47 million to its current position as the number one domestic electrical appliance producer in China by 2004. In November 2004 Haier CEO Zhang Ruiman announced that the main goal of his company was to increase the volume of his company’s products sold in the U.S....
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...always so, there are times where conflict can bring unexpected qualities from people – change a person for the better. Humans are stubborn, without being naturally stubborn, humans would have not evolved like we did. Furthermore, conflict leads to the building of strong relationships amongst those involved. An agreement is formed between people with the same goal of overcoming conflict; they can support each other through this hardship. During “Omagh”, the Help and Support group had Protestants and Catholic members. Even though the two did not blend together before, they were united in conflict. Additionally, the United Nations was formed on the basis of this idea - People had the same beliefs about world peace and formed an organization leading the charge for a better world. When people fight for the same cause, they are united together as one. People change for the better. However, every coin has two sides. Conflict is not always virtuous; it breeds suffering. Whether it is at the mercy of global or local catastrophes, people are most vulnerable during...
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...Finance 475 Euroland Foods Case Spring, 2014 1. What are the various capital-budgeting tools currently used by leading firms? Define each, and discuss the accept/reject criterion for each. Which one is “best,” and why is it best? 2. Evaluate the capital-budgeting criteria of Euroland Foods on page 326. Their “Minimum Acceptable IRR” criterion is wrong. Why? Also, why is their criteria not a complete set of criteria with which to evaluate projects? 3. Evaluate the “Minimum Acceptable IRR” returns that Euroland uses for different types of projects. (See page 326.) When, if ever, should these returns be used as the hurdle rate instead of WACC? 4. Evaluate Euroland’s capital rationing. Do you agree or disagree with this policy? Why? If you disagree, then what policy should Euroland follow? 5. In Exhibit 3, rank order (from first to fifth) the five most profitable of the 11 projects, in accordance with correct, risk adjusted capital-budgeting criteria. State the NPV of each of the five projects. Explain your ranking criteria. (Note: create a table showing ONLY the five most profitable projects and their profitability; do NOT state any other projects.) 6. Did Euroland take risk into account in its capital budgeting? If so, how? Which project is the riskiest, and why? There are several reasons why the riskiest project is riskiest; name three reasons. 7. Which of the 11 possible projects was not evaluated in Exhibit 3? Why do you think it was not evaluated? Calculate...
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...Your Last Name Your Full Name Professor_______________________________ IST 123, section ___, Journal 24 Date: 2 September 2015 Journal 24 (Delete These Instructions Before Printing: Please use double spaced for line spacing. Double sided printing is ok. YOU must staple all assignments. Unstapled assignments will not be accepted and counted late. Fill out the rubric attached at the end. Do not change the font or margins. Delete These Instructions Before Printing.) 7 Rules for Success in College (as determined during class exercise): |1 |Fill in from class notes | |2 | | |3 | | |4 | | |5 | | |6 | | |7 | | Choose...
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...Achieving Academic Success Joe Castillo Gen 201 26 May 2015 Douglas Millar Achieving Academic Success Triple click your mouse anywhere in this paragraph to replace this text with your introduction. Often the most important paragraph in the entire essay, the introduction grabs the reader's attention—sometimes a difficult task for academic writing. When writing an introduction, some approaches are best avoided. Avoid starting sentences with “The purpose of this essay is . . .” or “In this essay I will . . .” or any similar flat announcement of your intention or topic. Read more: Center for Writing Excellence>Tutorials and Guides>Essay Development>Guidelines for Writing Academic Essays. Goal Setting Goal Setting is one of the main skills needed in order to succeed in higher education, it helps you set a timeline, maintain organization, and gives you an idea of how far you’ve gone, and how much you have accomplished in your class. I haven’t always been a goal setter. It wasn’t until my second year in the Army when I was in Afghanistan surrounded by dirt, and trees slumped in a hot little wooden hut with seven other men doing the same boring routine, when our boss the Section Chief wanted to change things up. He told us we had one month to complete at least ten hours of correspondent courses, which are kind of like online college classes, except it was for the Army. Knowing that he wouldn’t take it lightly if I blew off the task, I one had to...
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...Name: Jordon M Rodney School: Ewarton High Teacher: Ms. Russell Morrison Subject: E.D.P.M Title: SBA Title Page Introduction…………………………………………………………………………. i Acknowledgement…………………………………………………………………... ii Letters Blocked style letter………………………………………………………………….............. 1 Form with a tear-off slip…………………………………………………………….............. 2 Manuscript Manuscript with paragraph heading, shoulder heading & footnotes………………………... 3-4 Tabular Work Ruled tabulation with main heading and multiple heading columnar heading………………….……..................................................................................... 5 Committee Documents A notice of a meeting with an agenda for a meeting…………………………………. 6 A chairman’s agenda…………………………………………………………………. 7 Display An invitation with a menu……………………………………………………………. 8 A flow chart…………………………………………………………………………... 9 Legal Work A Will.………………………………………………………………………………... 10 A contract of employment……………………………………………………………. 11 Bibliography…………………………………………………………………………. 12 i Electronic Document Preparation & Management (EDPM) is a Caribbean Secondary Examination Council (CSEC) exam, designed or upgraded from the typing subject. Electronic meaning that, the computer is used to train students to use basic tools – Microsoft Word, Excel, PowerPoint and the Internet to prepare certain documents. It also teaches how to manage files and folders, and also the workstation. It is then linked to real life...
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...Case Report: National Cranberry Cooperative Fill in your name in the header. Please read the Assignment Collaboration Guidelines in Course Syllabus: Collaboration between groups is not allowed; however, if you hear something from some other group, please give a reference. Below, write your answers to Questions 1-4 (on BB/Cases). Your analysis should be based on the assumptions listed in the Syllabus. If you need to make additional assumptions to answer a question, clearly state them, logically defend them, and then proceed to answer the question accordingly. The idea is to answer the questions concisely. Double spacing is preferred, 1.5-line spacing is the minimum (consider the reader’s eye strain). 1. Analyze the current process. Using the process flow map (available on CTools) of the current process at Receiving Plant No.1, mark the capacity and utilization of each of the resources. Show the flows of wet and dry berries separately. First we receive 18,000 barrels over a 12 hour period which leads to a 1,500 bbl/ Hr, Then 75% of 1,500 total berries per hour equal 1,125 bbl/Hr and the remaining 25% or 375 bbl/Hr are dry berries. While our Dumper is holding a capacity of 3,000 bbl/Hr and utilizing only the 1,500 bbl/Hr we are receiving. Those berries would then split up in the dry and wet storage bins. Dry bins have a capacity of 4,000 bbl/Hr which is 16 bins holding 250 bbl/Hr each. Whereas the wet bins kept a storage capacity of 3,200 with 8 bins holding 250 bbl/Hr...
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...Defining Diversity Defining Diversity * To me, diversity encompasses a wide range of elements in which to classify a student population. It includes the obvious such as race/ethnicity, culture, gender, disabilities, and socio-economic status. However, diversity goes so much deeper. Diversity also includes the various cognitive levels in students, the different styles in which they learn, and the various levels of motivation in students. Each of these diversity categories can be evidenced in an educational setting. The impact it has on a school can be positive if it is approached and handled appropriately by the school and its’ teachers. If it is not, it can have very negative effects on the school and the student. Having low expectations and showing bias toward one diverse group over another can have a very negative and lasting impact. It is important to acknowledge that ALL students can achieve if given the motivation and encouragement to do so. According to Janine Bempechat, high achievers in all ethnic groups believed that success was die to hard work. She concluded, “Teachers need to help low achievers understand that poor performance does not result from a lack of ability as much as from lack of trying” (Nieto & Bode, 2008). It is for this reason that it is of utmost importance that teachers convey positive messages to their students. Building self-esteem can be the first step in academic achievement. If students do not believe they have the ability...
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