As Albert Einstein said, “If you always do what you always did, you will always get what you always got.” This quote is applicable for organisation and fully underpins the value of having a culture of innovation in order to meet short, medium and long term objectives.
There are many entrepreneurs who come together as an organization and build an entrepreneurial culture to seek opportunities for innovations. An entrepreneurial culture is an environment where entrepreneurs are inspired to create new innovations. Innovation is basically to have a new idea, to change something from the old and make it new. The way people interact with one another and recognize their environment is all a part of a culture. In a business industry setting, entrepreneurial cultures are defined as the business owners getting together to inspire each other to brainstorm new ideas/ products, innovations. There are many companies out there that exemplify innovation. One that comes to mind and I believe everyone can agree is Apple
In today’s economic environment everything changes rapidly not only the economic indicator but also people’s life-style or pattern of consumption. In such a rapidly shifting milieu, creative ideas, knowledge, and innovation are the only stable sources of capital (D. Oliver, “Achieving results through diversity: a strategy for success,” Ivey Business Journal Online, vol. 69, no. 4, 2005.) So developing a more diverse workforce can make the business full of creativity and vigour and the most important thing is that creativity and innovation are the indispensable factors in social
When I first started this paper I would have to admit that I was pretty green in the field of Biotechnology, I had a brief understanding but nothing near an in depth understanding of the field. So when I first started looking for a success story, I tied my views on successful innovation in the areas that I am familiar with to the biotech field. The major theme that emerged was that successful innovation equals a product that produces quality profits for a company. After further research on the success of innovation, you do realize that profits may be the end goal of the company but success stems from a total company wide effort, that may start many years before a single cent of
Levitt (2014) defines culture as the coherent, learned, shared views of a group of people and about life’s concerns that ranks what is important, furnishes attitudes about what things are appropriate, and dictates behavior. Macy’s corporate culture possesses a diverse leadership team to target their diverse customers and locations. Diversity, based on experiences and passion, gives the Macy’s leadership team new perspectives to promote successful business. Levitt (2014) suggests organizational diversity can be considered as a mixture of people with different group identities working in the same social system. A multi-cultural team of Americans, Italians, Germans and Swiss would adapt well in the rich bouquet of culture in Zurich, Switzerland. As a new team leader, the biggest concern would be establishing integrations between the different cultures working together at Macys.
Scientists continue to find new ways to insert genes for specific traits into plant and animal DNA. A field of promise—and a subject of debate—genetic engineering is changing the food we eat and the world we live in.
For an organization to continually grow, innovation must be embedded in its culture. Innovation is a behavior that is required to be a part of every employee’s job. This necessitates an organization to present its employees with platforms wherein they can express their ideas such as the LIG program, as in the case of General Electric, to deliberate organic growth day in and day out. Innovation is effectively advertized in an organization where managers individually and collectively lead by example by way of their behavior, their
Cox and Blake (1991), maintained that cultural diversity would impact six areas of organizational effectiveness, including the capability to attract human resources, cost, innovation, creativity, and problem solving, marketing, and flexibility. The revealing fields studied were innovation and creativity, problem solving, and structural flexibility, this was accomplished through information and decision making processes. Creativity and innovation can be supported by "diversity of perspectives and less emphasis on conformity to the norms of the past" (Cox and Blake, 1991, p. 47), which will increase the ability of the organization to create and innovate. The problem-solving contention maintains that better decisions would be produced through additional perspectives developed in various problem solving groups (Cox and Blake, 1991). Finally, the flexibility argument designates that multicultural management practices would result in changes that meant "that the system will become less determinant, less standardized, and therefore more fluid" (Cox and Blake, 1991, p. 47). These fluctuations are likely to increase the
(1.) Xu, W., Li, M., Ding, J., Gu, J., & Luo, Z. (2014). Bacteria dominate the ammonia-oxidizing community in a hydrothermal vent site at the Mid-Atlantic Ridge of the South Atlantic Ocean. Applied Microbiology & Biotechnology, 98(18), 7993. doi:10.1007/s00253-014-5833-1
Since public and private organization uses managing diversity concept ,this chapter addresses how managing diversity concepts is use several ways such as organizational and management level, group performance, group dynamics, group perspectives, and individual identity.
For group presentations my group presented the fifth chapter of Francis Fukuyama 's book, Our Posthuman Future: Consequences of The Biotechnology Revolution. Our job, as a group, was to present his chapter on “Genetic Engineering” (72-83). Together we had to explain genetic engineering through the circle of elements from Gerald Nosich, the author of Learning To Think Things Through: A Guide To Critical Thinking Across The Curriculum. Nosich 's circle of elements included point of view, purpose, question at issue, assumptions, implication and consequences, information, concepts, and conclusions (49). Throughout the whole process of creating this presentation together we had to use critical thinking skills in preparing this presentation,
Richard Doyle, whose field is rhetoric and cultural study of science, in his article ‘LSDNA: Consciousness Expansion and the Emergence of Biotechnology’, has challenged assumptions regarding the techno-scientific triumphs. This is interesting to note because such assumptions and rhetoric are often accepted without question. The “scientific revolution”-in progress from the time when the Enlightenment rejected all ideas grounded in faith and traditions- has emphasized a new tradition: the tradition of science, and, what Doyle calls “fathoming secrets” is an inseparable part of this tradition. Science’s revelatory practice of the secrets could be seen identical to ever-existing human desire to reveal and expose. However, this “undoing” process has the potential to “infect the living” and “reduce the reality of life” to just mechanical revelation. Would these new mechanical relations affect our identity as human beings? Could we
What field/program are you studying at Guilford Technical College and why did you choose it?
Creative thinking and collaboration can be encouraged in diversity and inclusion, and risk taking culture. Diversity means more than skin color or gender like if we are going to hire a bunch of new people, rather it means "diversity of thoughts and ideas." In order to achieve this, the managements need to modify their mission, values, and goals under a strong leadership. Diversity and inclusion are common design elements of innovation in five theories: absorptive capacity, actor-network, agency, attachment, and attribution theories (Miles, 2012).
In today’s knowledge-based economy, innovation has become the principal source of competitive advantages in global business; the success of firms now depends more on their intelligence capability – such as employee creativity – than traditional material assets (Amabile et al., as cited in Zhou, Zhang & Montoro-Sa ́nchez, 2011). The creative capability of individual and collective knowledge workers is the fuel that powers innovation in firms. While creativity leads to the production of new and useful ideas in any domain, innovation is the successful implementation of those creative ideas within an organisation (McLean, as cited in Zhou, Zhang & Montoro-Sa ́nchez 2011). In highly dynamic business environments innovation and creativity have become crucial for creating competitive advantages for the