Innovation’s Vantage Many people question whether the competition on innovation benefits or cripples society. Published on March 1, 2012, Paul Hobcraft’s “The Innovating Era…” argues that innovation has more negative side effects which outweigh the positive outcomes. His first point is that companies are too focused on monopolistic intentions rather than spreading out profits to the community. His second factor suggests that the increase of unemployment and homelessness rates are the result of the contest. The final element he mentions claims that innovation demolishes the utilization worth of merchandise that has already been developed and distributed among the people. Innovation is beneficial due to the fact that it cultivates company strategies, generates employment, and leads into a change in history.
With the increasing demand for innovations, many residents are growing concerned over the monopolistic motives that CEOs companies have, but there are many other positive outcomes that outweigh such a negative perspective. Tom Kelley and Jonathan Littman, former collaborators with a business company, IDEO, share their experiences through their book, The Art of Innovation. Kelley states in his book,“ The biggest single trend we’ve observed is the growing acknowledgement of innovation as a centerpiece of corporate strategies and initiatives” (3). While some workers in corporations who retain a higher position may have malicious intentions to gain control of profits,
| Thomas, in regards to the line you comment on "innovative changes often originate from lower levels of the organization", I totally agree withthat statement due to the fact that those lower level employees are the ones who are working in the fields, in terms of having their hands on the equipment and having the full knowledge of what improvements are needed in the work field. Innovation often derive from insight and even frustration at times. Good post.
The innovation can makes looking at things as if it is covered by a thin layer of fog. This fog can hold us back and keep us from living and experiencing things that a person now only know about. Thoreau also wrote, “It lives too fast. Men think that it is essential that the Nation have commerce, and export ice, and talk through a telegraph, and ride thirty miles per hour, without a doubt, whether they do not; but whether we should live like baboons or like men.” In which Thoreau means that people live their lives trying to find the quickest way out and demand for more saying that it is needed, and with the more we have the more we are wanting, and the demand for more will only make us
This research intends to explore innovation at an individual level, but in a context, where the roles and functions of an organization appear eminent either as a promoter or an inhibitor of innovation.
A recent survey of the nation's top CEO's concludes that innovation remains the lifeblood of business. "For CEO's today, it's all about achieving growth and efficiency through innovation. It's not about product innovation so much anymore as about innovating business models, process, culture and management." (April, 2006).
Invention is the result of a long study, research, and experimentation (Innovation, n.d.); Innovation is “the discovery and the execution of pioneering ideas that create value” (Greco, 2011), in other words, new application of known concepts. A practical example of invention is the alkaline battery that provided a light-weight, small, and portable power source; innovation applied this concept to anything possible from communication devises, mecanich and construction tools, and even toys. Technical workstream leaders understand that innovators are today’s competitors reducing times, and maximazing profits with new techniques; but inventors have the potential to reshape the landscape of today’s markets leaving dominant companies out of bussiness. Who remembers door-to-door salesmen or “dear John”
Technology has made great advances on a global scale, especially within the last half century. Works of fiction and informational texts have addressed the numerous influences of modern innovation. Technological advances can be both beneficial and detrimental to society.
When comparing the concepts presented by The Innovator's DNA, Nayar, Hitt, Takacs-Haynes, and Serpa, there were a couple of key concepts the resonated across all viewpoints. Specifically, the concepts of the innovative leader and observing the environment appeared to be common across the board. The Innovator’s DNA argues that an innovative leader helps set the vision and leads the organization in future by influencing change within the target market. Steve Jobs and Amazon’s founder, Jeff Bezo are just a couple examples used to demonstrate the importance of an innovative leader setting the stage for their respective organizations. This concept is supported by Nayar, Hitt, Takacs-Haynes, and Serpa in their respective articles. Hitt, Takacs-Haynes, and Serpa resolve that the ability to develop and communicate the leader’s vision has remained vital to the success of an organization over the past decade. Nayar further demonstrates this importance through his description of how he was able to influence change within his own organization by communicating the situation of the company and his observations to his senior managers. He states that he spent his first few weeks meeting with his “senior managers in small groups and larger gatherings”. The concept of observing the environment and understanding the internal and external influences within
Technological advancements in recent decades have drastically affected many aspects of American society; our government is no exception. With a rapidly growing population, it is imperative that we maximize the efficiency of government organizations, while also being mindful of financial burdens. Technology is allowing government organizations to make relevant information more readily available to American citizens, which can reduce the amount of one-on-one time each customer requires with a government employee. The use of the Internet, I believe, has made the most significant change to how we are able to deal with government organizations. Many tasks that used to require mailing letters or meeting someone in person can now be accomplished online. Despite the various positive impacts technology has had on government organizations, there are unfortunately some negative aspects that require attention as well; for example, security concerns. More money must be allocated for cyber security advancements as people learn how to take advantage of modern technology. We’ve seen in the recent Wiki Leaks hacks during the 2016 Presidential Election that hacking can dramatically affect situations within the United States. The Obama Administration formed the Internet Policy Task Force to investigate privacy concerns, copyright issues, cyber security, and virtual economy
To integrate innovation at General Mills Canada, and ultimately increase sales, Brad Taylor needs to implement at least four changes. One solution is to set a mandatory time outside of the workday so that members of different departments can meet and share ideas, such as corporate sponsored events. According to Professors John Bessant and Joe Tidd, innovation tends to come from “bottom up team initiatives,” as seen from IBM’s success during Lou Gerstner’s tenure. , If low-level employees can associate, they can construct better ideas. A second solution to General Mills Canada’s problem is to “exploit their resources.” The idea is for employees to increase the efficiency of what they already do. They can increase innovation in this area by implementing new software to speed up any processes, or use the data from software to forecast demand and sales in a better way. , If they make their processes better than their competitors, they can gain a competitive advantage. A third solution is to create a balance between risk taking and stability. General Mills Canada must encourage employees to speak up in meetings when they have ideas or spot potential business opportunities. When upper level management encourages these initiatives, it will drive the employees’ risk aversion down and hopefully promote innovative thinking. Finally, General Mills Canada needs to increase the size of their prototype division.
Companies stumble for many reasons: arrogance, poor planning, inadequate skills and resources, and bad luck. The Innovator’s Dilemma describes how companies can stumble if they are not prepared to confront certain types of market disruptions. The author, Clayton Christensen, illustrates this message by using insights from the hard disk drive industry and explaining nine specific failures of strong companies. Companies’ known for innovations and execution that most managers have admired and strive to emulate. Specifically, Christensen discusses how the logical, experienced decisions of management that are critical to the success of their companies are also the reasons why they lose their position of leadership. (Christensen, 1997.)
Tidd and Bessant (2009) argued that “Unless an organization is able to move into further innovation, it risks being left behind as others take the lead in changing their offerings, their operational processes or the underlying models that drive their business”.
Innovation is the process by which ideas are created, selected and implemented to bring about profitable change to organisations. Innovations come as a result of an identified need for organisations to change their current processes, activities or operations. Andriopoulos and Dawson (2009) explain that organisational change is ‘new ways of organizing and working’. They explain that change occur in two dimensions – movement of state and scope of change.
Just about everybody trusts that innovation has made life less demanding and more agreeable and that it has empowered us to perform undertakings that we couldn 't do something else. An advantages ' rundown of innovation would be since quite a while ago undoubtedly. Be that as it may, as with verging on all that we individuals have made, innovation has a drawback. There is, we may say, a dim side to innovation.
Companies live and breathe innovation; or, at the terribly least, notice it basic to their success. Such companies are those that others ought to emulate for they recognize that to do business, as Peter Drucker prompt in an exceedingly recent Harvard Business review article, “Every firm—not simply businesses—needs one core competence: innovation.”
Innovation means to bring about changes to an already existing idea or product. In addition, it can be applied to products, services, and processes, as well as concepts, for example, sustainability or sharing economy. Initially, innovation appears to be ethically indifferent and its moral valuation is determined by its use. Regarding the Internet, the responsibility lies within the user, but innovation frequently brings significant consequences for society. Innovation is not just technological or economical, but also social and ethical. It can contribute to the creation and destruction or jobs, the invasion of privacy, the fight against crime, and finding a cure for diseases. Innovation is closely related to education, new economic models, interpersonal dialogue, and participative democracy. While responsible innovation is crucial, it is not typically easy. All decisions require careful consideration, specifically in relation to the negative and positive consequences associated.