Innovation in Managment

In: Business and Management

Submitted By JSTREAT3
Words 1166
Pages 5
Innovation In Management

Jonathan Streat
University Maryland University College

Although innovation is meant to solve issues in the public, the problem is how to develop and implement bold, new ideas and get the public agencies to buy into the innovation when they are steadfast in their own belief system. I feel that this is the greatest challenge for management, as we open the second decade of the twenty-first century. Innovation in the public sector is considered to be a constructive change process, which is a result of solving deficiencies or problems. As a result of the events of 9/11, the federal Department of Homeland Security was created. Technology is widely used as a way to increase communication between citizens and governments to better facilitate public services. Also, innovations in policies solve problems. Controversial policies such as Obamacare, shrinking cities strategies, and vacant housing programs are all popular topics in cities across the country. Here is where we see innovations and the various types of management approaches.
“Let us be clear about our context”. The public sector refers to the coordination, production, and delivery of goods and services by publically owned and accountable organizations (Potts 2010). This defines economic output including education, health, social welfare, and the private sector. Increased access to specialized knowledge, information, and expertise, resulting from the network form of governance, represent both an advantage and an obstacle for innovation. As Thomson and Perry (2006: 26) indicate, the willingness to share information for the good of the partner is a distinguishing characteristic of networks.” Likewise, the idea generation stage is largely dependent on an atmosphere that encourages and facilitates the sharing of ideas.
Innovation is a dynamic process through which problems and…...

Similar Documents


...Change at Work. Oxford: Oxford University Press. Perrow, C. (1974) Organizational analysis: a sociological view. London Tavistock Publications. Sewell, G. & Wilkinson, B. (1992) ‘Someone to watch over me: surveillance, discipline and just-in-time labour processes’, Sociology, 26(2): 271-91. Wilkinson, B (1983) ' Technical change and work organisation', Industrial Relations Journal, 14(2):221-48. Woodward, J. (1965) Industrial Organization: theory and practice. London, New York, Oxford University Press. Week 4 (October 18) Organization Structure Buchanan, D. and Huczynski, A. (2010) Organisational Behaviour, 7th ed. Harlow: Prentice Hall. Chapters 14-17 (esp. 15). Burns, T. and Stalker, G. (1994) The management of innovation. Oxford ; New York : Oxford University Press. Child, J. (1972) ‘Organizational structure, environment and performance: the role of strategic choice’, Sociology, 6(1): 1-22. Galbraith, J.K. (1967) The New Industrial State. London: H. Hamilton. Gouldner, A.W. (1954) Patterns of Industrial Bureaucracy. New York: Free Press. Merton, R. (1968) ‘Bureaucratic structure and personality’ in R.K. Merton Social Theory and Social Structure. New York: Free Press. Mullins, L. (2011) Management and Organisational Behaviour, 9th ed. Harlow: Prentice Hall. Chapters 14 and 15. Pugh, D. (1990) Organization Theory, 3rd ed. London: Penguin Books. Other editions available. Silverman, D. (1970) The Theory of Organisations. London:......

Words: 1826 - Pages: 8


...Matter WGU, BMA1 Task 304.4.4-01 INNOVATION AND CHANGE The highly competitive marketplace of today forces most companies to innovate if they want to keep a competitive advantage. Innovation is the driving force that is shaping the majority of successful corporations. A company that builds a culture of innovation will find itself on the offensive and the corporation will continue to grow. Innovation can generally be regarded as innovations concerning process and innovations concerning product. Most companies are trying to innovate in both parameters. Large corporations are endeavoring to develop an entrepreneurial spirit as found in smaller companies, start-ups, and sole proprietorships. This gives them greater flexibility and greater creativity, allowing them to develop and market new products or services more quickly. Companies who can achieve this are generally rewarded with four main advantages. 1. First Mover Advantage By being the first to enter a new market, bring a new product to market, or radically improving an existing product the company can gain an advantage over the existing market or potential market. While contrary to popular thought Apple did not invent the smart phone. However, they did radically improve it with many innovative features. In its initial launch in 2007 they sold 270,000 iphones in the first 30 hours. The iphone set the benchmark for the industry. Through continuous innovation it has been a leader in the......

Words: 500 - Pages: 2


...effectiveness of a company's human resources. For example, the ratio of managerial costs to worker costs indicates the efficiency of an organization's labor force. In general, lower managerial costs indicate a more empowered and effective workforce. Revenues and costs per employee, when compared to related industry norms, can provide insight into HRM effectiveness. Furthermore, the average speed at which job vacancies are filled is an indicator of whether or not the organization has acquired the necessary talents and competencies. Other measures of HRM success include employee complaint and customer satisfaction statistics, health insurance and workers' compensation claims, and independent quality ratings. In addition, the number of significant innovations made each year, such as manufacturing or product breakthroughs, suggest HRM's success at fostering an environment that rewards new ideas and is amenable to change. Besides evaluating these internal aspects of HRM programs, companies also must assess the effectiveness of HRM programs by their impact on overall business success. In other words, companies must link their evaluation of HRM methods with company performance to determine whether these methods are helping their business by increasing quality, reducing costs, expanding market share, and so forth. Ultimately, companies must make sure that they have the right amount of properly skilled employees performing tasks necessary for the attainment of company goals and that......

Words: 5409 - Pages: 22

Innovation of Level Three business students on the usefulness of innovation management and new product development in an essay format. The topic of the essay is “what skills should a business graduate acquire about innovation management in order to advance their career development and employability”. "We live in a society where technology is a very important force in business, in our daily lives. And all technology starts as a spark in someone's brain. An idea of something that didn't exist before, that once they have invented it —brought it into existence — could change everything. And that activity is generally one that's not very well supported." - Nathan Myhrvold, CEO, Intellectual Ventures From a 2010 interview with Harvard Business Review Introduction In the development of new businesses today, initiatives that spur knowledge-based competitions amplify the importance of boundary spanning activities and tactical coalitions, which cause organizations to focus more on institutional knowledge, system improvement and knowledge management (Quah, 2001). This essay will help the level 3 business school students to understand the required skills about innovation management to to advance their career development and employability. An innovation is something that is new. You are required to write a piece of advice to a group of Level Three business students on the usefulness of innovation management and new product development in an essay......

Words: 2829 - Pages: 12


...Innovation is basically of two types: 1. Sustaining Innovation – This type of innovation provides demanding customers with better performance than what was previously available. It means to make better product that can be sold at a higher price to attractive customers. With this kind of innovation, incumbents prevail. E.g.: Surf  Surf Excel  Surf Excel-matic Evolution. Innovative changes accompanied by corresponding rise in Prices. 2. Disruptive Innovations – This type is to commercialize a simpler, more convenient product that sells for less money to new and unattractive consumers. New entrants beat incumbents in this type. E.g.: Tata Nano, iPod, Mobile phones. The different types of disruptions are: a) New Market Disruptions: These include simple and very cheap products. They attract new customers. E.g.: iPod. b) Low End Disruption: Simple, low-cost business models pick off the least attractive of the established firm’s market and progress upwards. This type usually occurs when there is a vacuum. E.g.: Ghee Biscuits in West Bengal that filled vacuum left by Brittannia. 3 major ideas in healthcare as gathered from video:  Solution shop  Value added service  Facilitated network. Disruptive innovation includes: • Emphasis on differential product / service attributes • It means that you must start out as small and low-margin business – unattractive until they grow big • Grow to capture large share of established market – Good enough in old......

Words: 391 - Pages: 2

It Innovation

...application Pg. 4 Three most important, generic innovation rules Pg. 7 Formal pathways for innovation that already exist Pg. 8 Opportunities to make processes and the business more innovation friendly Pg. 8 Systematic ways to track innovations and mesure their success Pg. 9 Processes that will help manage innovation Pg. 10 Conclusion Pg. 10 Works Cited Pg. 12 Executive Summary This report contains a current evaluation and analysis of applying strategic rules to innovate the entire Sea Ray organization. The 10 fundamental strategic rules will be discussed and I have chosen three of these rules as the most critical to Sea Ray’s success. Sea Ray must operate in fundamentally different ways when forming an innovation experiment to avoid organizational memory. The success of the experiments will hinge more on experimentation than the initial strategy used. Sea Ray then must not base success on financial performance, but on the ability to learn and adapt. Formal pathways which are currently being used for innovation will be assessed and characterized. Using this pathway data, new modern opportunities will be discussed in order to make Sea Ray more innovation friendly. Sea Ray will also use human resource data instead of research and development data to track and measure their success. Finally, an innovation committee will be formed to manage innovation across Sea Ray. INTRODUCTION Sea Ray Marine......

Words: 2767 - Pages: 12


...for having highly qualified staff and being very successful in their industry since decades. (Source: Second, Delaney et al (1996) suggested that organisations could improve the quality of current employees by providing comprehensive training and development activities. He also states that there is considerable evidence that these investments in training and staff development produce beneficial organisational outcomes. HRM for instance determines the interactions between people and technology, which requires extensive training to keep staff up-to-date with new technology changes to beware the competitive edge and may even make the organisation even a leader in terms of new innovations. Furthermore HRM supporting staff training and development can influence organisational performance through lower staff turnover. Huselid (1995) found that HRM practices such as employee recruitment and selection procedures, compensation and performance management systems, employee involvement, and employee training have a significant impact on employee turnover. This can be seen on the example of Grupo VIPS a Spanish retail and restaurant business, which used diversity HRM approaches to hire foreigners and offered them excellent training and development opportunities. In improving their recruitment, selection and employee training procedures, Grupo VISP was able to expand to 450 establishments in 2007, to lower their staff turnover......

Words: 2697 - Pages: 11


...Pauling who said “the best way to have a good idea is to have lots of ideas”. Generating ‘outside the box’ ideas is often not the problem in an ideation workshop with 10 people or more. No. It is the moment when you go from the divergence into the convergence phase, which is critical for your innovation success. Imagine you have a wall of 500+ ideas in front of you: and now what? How do you pick the right idea? That’s the question. In my innovation practice I have experimented a lot the last 10 years to deal with this essential question. It’s not an easy one to answer. Unfortunately I have not found the ‘holy grail’. But the great advantage of continuous experimenting in converging, selecting and improving ideas is that you learn a lot. And I like to share five of my important learnings on how to pick the right idea. 1. Take you time. One of the most frequent mistakes is spending a lot of timing generating ideas, leaving hardly any time in the ideation workshop to converge, select and improve them. You should spent at least 2/3 of your process on picking the right idea and 1/3 on getting a lot of ideas, instead of the other way around. Promising ideas at the front end of innovation are like rough diamonds, which look like other regular stones but will shine beautifully in the end. You have to take your time to be able to recognise them. And be sure to converge in several steps. Even in several workshops. Don’t expect to recognize rough diamonds among 500 other stones in......

Words: 900 - Pages: 4


...again. Take a pillow as an example, nostalgic retro classic pop pillow brings infinite bright colour for people's household life.(Figure13) To sum up, modern people have experienced and accepted multiculturalism that impacted on people’s daily life. Today, people are yearning for a modern life and pursue of fashion. It is not a simple imitation and replication. Entwistle and Ebrary (2009) claim that everyone is eager to change, new things, or beauty, make public their individuality, and longing for the return of human nature. As a result, people are also gradually changing the requirements of life. Described above phenomenon as well as the design of the household items has brought different levels of changes and innovations to people's life. Watson (1999) noted that the cognition has experienced from accept to crazy about the changes, they have gradually become the leading role of the mass aesthetic fashion, and become an indispensable part of in our home life....

Words: 981 - Pages: 4


...2.0 “Organisations must innovate to survive and thrive…?” Innovation is a process of finding novel solutions to important problems (Satell, 2013). Innovation is an important topic because it is one of the major ways to differentiate your product with others competitors. Innovation happens to make the product noticeable in the market. I agree with the statement “Organisations must innovate to survive and thrive”. Any companies who has a lot of competitors need to innovate more to ensure that they are staying ahead. Organisations should innovate in order to survive and thrive because nowadays, the world has become progressively competitive. If we look in previous 50 years, the organisations only concern about the local competition, but now the competition is global. Therefore, to ensure the organisations survive is to be persistently innovative. Those organisations that frequently challenge themselves to arise with different ways of producing things and develop on production that they have done. Second reason to innovate is achieving customer expectations. Generation Y have less patience dealing with old products. They quickly assume the products are simply being worn-out. Thus, make the innovation phase becomes hastily shorter. Organisations need to be more alert in terms of producing new products, innovating existing products, and producing products that can solve the customers’ problems. Apple and Samsung could be the examples of organisations that do......

Words: 732 - Pages: 3

Managment by the resources that are available to it at a particular time and by its ability to accumulate additional resources Tangible resources * Assets that are relatively easy to identify, measure, and value * They include concrete, physical assets such real estate, cash, production facilities, and equipment, account receive able, borrowing capacity Intangible resources * Brand names, company reputations, knowledge, technology, patents, copyrights, and trademarks * Intangible assets are combined with tangible assets to create the firm’s product offers * Difficult for competitors to imitate and can provide competitive advantages * Human resources (e.g. experience and capability of employees) * Innovation resources (technical and scientific expertise and ideas) * Reputation resources (brand name, reputation with suppliers) * Culture Organizational Capabilities * Organizational capabilities are not specific tangible or intangible assets but the competencies and skills that a firm employs to transform those assets into outputs * What a firm does with the resources under its control * Concern an organization’s capacity to make decisions, coordinate the use of tangible and intangible resources, and leverage these to bring a desired end 6. Strategy Groups CSF for axis (look at pg 56 for automotive section-as it is self explanatory) * The analysis can be enhanced by identifying groups of firms......

Words: 4048 - Pages: 17


...treat their employees. There was a big focus on career development and healthcare. Early on, all employees could email him directly with comments, suggestions, or complaints. He also created a campus that employees never had to leave. They were offered free drinks and health club memberships, laundry and grocery services, and even counseling. “Bill Gates understood the value in paying well, giving great perks, and investing in his employee’s future. He has probably made more people wealthy than any other CEO alive. He also understands what it takes to motivate his employees so they were engaged and excited about their work. It also was a culture that nurtured employees in conjunction with the innovations and products they were working on. Gates put a great emphasis on innovation and believes, “In fact, the way software works -- so long as you are using your existing software -- you don't pay us anything at all. So we're only paid for breakthroughs. We have to make a new version of Windows or Office that you think is worth going out and buying.” (One-on-One with Bill Gates) As a result, Gates tried to meet with every product team for a “Bill Review”. As described by Chris Caposela, a senior Vice President in the Business Division, “Bill Review’s” were “famous for the intense barrage of questions Gates would fire at product teams. Those are sort of legendary for teams to get a big morale boost from how that product review went. [They] got a lot of mileage out of......

Words: 1422 - Pages: 6


...Question Innovation is an important component of economic policy. Discuss Answer 1.0 Introduction “Today, more than ever, INNOVATION is central of survival” (Peter Drucker). Innovation has been an important component for economic growth, national economic competitiveness and economic policy for many country. It can occur in any sector of the economy, including government services such as health or education. Supporting nowadays with the rapid growth of technology industries, many policymakers in many nations have increasingly come to see technological innovations as a key driver of economic growth. This is why so many nations have made the promotion of innovation and new technologies a central part of their economic policy. Before discussing further about innovation and see why innovation play an important role for economic policies, it is important first to define innovations and its policies. Some people don’t really know what’s exactly an innovation. They are confused between invention, progress, innovation and updates. So it’s relevant to point out wrong ideas that peoples usually have over it and its creation to be able to erase it. Many people think of innovations as only technological in nature, resulting in shiny new products like Samsung’s Smartphones, Apple’s iPad, Sony’s PlayStation or in enhance machines or devices, such as lasers, autonomous robotics machines etc. Others might be thinking that innovation pertains only to research and development (R&D)......

Words: 1606 - Pages: 7


... College graduates in entry-level marketing positions, for example, are more apt to align career objectives with the company promotion path than are entering engineers or accountants. Technical professionals resist participating in company missions: With their tendency to pursue professional goals first and their need for control over their work, technical professionals are more resistant than are most occupational groups to committing to mandate organisation goals. Technical professionals need collegial support, stimulation, and sharing: The potential for competition is high among bright, ambitious people with strong egos. It can cause insecurity for some. That insecurity can reduce risk taking and, in time, take a toll on innovation. Leadership 8 Collegial support is important to these professionals, many of whom seek an environment that uses the energy derived from different knowledge and experience base. Technical leaders must manage a productive balance between teamwork and individual creativity. The Leadership Challenge Special knowledge, strategies, and tactics would be a substantial challenge to leadership candidates with high levels of interpersonal skill and aptitude. The challenge is even greater for most technical leaders, who often come to management positions because of their technical competence, not their inter-personal abilities. Many such leaders assume their......

Words: 6294 - Pages: 26


...Mission, Vision, Values, & Managment In today's post-recession workforce, gaining employment is so difficult that once hired, life has new meaning. The mission, vision, and values may mean different things to managers. With a closer look into an organization, from the newest employees up to the experienced senior management, it is found that many of the staff members do not have knowledge enough to recall the mission and vision statement. The military is used as an example, setting the standard for other public and private entities. In this case, let's examine a human resources unit in the United States Air Force. The Air Force Civilian Services mission and vision statement aim to "provide elite administrative, operation and technical support for the Air Force vision; Global vigilance, reach, and power" ('Our Mission & Vision', 2016). The mission and vision statement must work together to meet the organizational goals. In examining the core competencies, one must consider the true definition and rationale. Also, the Air Force has a set of strategic goals that determine the long-range direction of the organization. The attitudes, behaviors and goals of each Air Force civilian in the group are meant to demonstrate alignment with the vision, mission, values, and competencies. For a company to manifest values and a culture that leads to success, these vital mantras must be reiterated, exercised, memorized, and done by all employees. Mission Statment There is a......

Words: 1493 - Pages: 6