1. Currently, what are the two most prominent IS-based innovations within your industry? Describe each innovation, and discuss the following factors: (50 marks) a. Why is it an innovation? What makes it innovative?（compare） b. How is the innovation related to the megatrends? (innovation-megatrends) c. Where in the value chain is the innovation deployed? How does it help a company achieve a competitive advantage? (company) d. How will it affect the industry’s competitive
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using my results to help look outside the box. One result I found very intriguing was innovating. “To innovate” means to show something as if it was the first time or to alter something and I found that intriguing as one of my results. Applying innovation to critical thinking would mean to think outside the box, change my perception on how I see the problem so that the solution may present itself. Another way in applying my results can be in how I evaluate arguments. For example, adapting to change
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Sony, and which includes an outline of Sony’s market position with the use of analytical tools such as a SWOT analysis and taking into consideration macro factors which influence Sony both internally and externally. The report will also consist of innovation analysis of Sony that outlines the ways in which they differentiate themselves with the use of their research and development strategies, and the threats which follow as a consequence of taking the risk of being creative. Furthermore the future
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This paper will analyze the key factors to consider when developing a resource management plan for the public sector, specifically within the realms of community service, in the context of increased consumption of resources with no technological innovation or upgrades. Strategically managing resources, especially in this technology driven era, is a challenge many organizations face. There is a great demand for services (consumption) but less or, in best case scenarios, “flat” amounts of resources
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What do creativity and innovation signify and entail? What are the key types of innovation? Historically, creativity and innovation have been thought to been tied to new products that stimulate economic growth. Over time, these views were thought to have been narrowand new ideas of innovation came about. Karl Marx associated innovation to economic growth cycles. After World War II, much thought was given to innovation being a result of higher spending on research and design. Economists soon realized
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On the website of BMW they refer that their long term goal is to combine efficiency with increased driving pleasure. The continuous optimisation of the vehicles, such as systematic weight reduction, innovative aerodynamics and engine efficiency measures, as well as the use of alternative drivetrain solutions and the research of new technologies, to provide sustainable mobility already today. BMW has announced the creation of a sub-brand devoted to "sustainability" and said it had established a unit
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1. What are the differences between the two elite technology development teams at Crutchfield Chemical Engineering in terms of motivation and creativity? The Lumen Team is obviously much more motivated and creative than the Absorb Team. This situation is created by the leadership styles of the team leaders. Max is showing very effective leadership while Chip is acting like a mere manager rather than a leader. Although trait motivation levels are similar in both teams, Chip kills all the motivation
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. Explain what happened to the Gore-Tex brand after the patent expired. What activity can firms use to try to maintain any advantage developed during the patent protection phase? Once the main patent on the Gore-Tex fabric expired it opened the door for other companies to duplicate it and possible make it better. When a patent expires the technology of the inventor no longer has the exclusive rights to his or her invention opening it up to everyone. At this point other companies can offer comparative
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progressed quite well in terms of technological innovation and has managed to produce high-tech products and services. In a way, we are world leaders, when it comes to providing solutions, as more or less, every software product or service that comes out has a “made in India” tag to it. It definitely makes us feel proud as we are one of the top contributors to the global economy. But, somewhere in this melee, we are underperforming to our true innovation potential—this somehow has affected our industrial
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Executive Officer and believes that Sabrina McKay, Vice President of Organizational Development will be able to implement some fresh and new ideas (Scenario, 2006). Sabrina’s area of accomplishments is within organizational development which can produce innovation through the people who are within the organization. While the staff is more than willing to finding ways to accomplish increasing sales they also
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