MGMT-6060 Lecture Notes - Lecture 6: Hype Cycle, Gartner, Cash Flow

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3 Jun 2022
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Innovation is the process through which economic or social value is extracted from knowledge by creating, diffusing, and transforming ideas to produce new or improved products, services, and processes. https://www. conferenceboard. ca/focus-areas/innovation-technology/innovation-report-card accessed november 25, 2021. Need cash flow to sustain & grow the business. Enhance, exploit, share, accept: definitions based on larson/gray, project management. 2018, chapter 7; and hubbard, the failure of risk management, and what to do about it , 2012. Focus: adapted from raynor, m and ahmed, m: the three rules: how exceptional companies think , the penguin group, 2013 3. Of course, we do not immediately throw away our existing business; We continue to improve it: we also think a little differently: Blue ocean strategy: blue is better than red. The question: how might we create new customer demand in a new market ? https://www. blueoceanstrategy. com/what-is-blue-ocean-strategy/ accessed june 2021. Conference board of canada: independent research organization, ~ m annual revenues. Canada continues to exhibit relatively weak innovation performance.

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