MGT 3200 : MGMT3200CH7
Document Summary
Technology cycles: begins with the birth of a new technology , ends when that technology reaches limit and dies. Organizational innovation the successful implementation of creative ideas in organizations organizational change a difference in the form, quality, or condition of an organization over time. Cycles over time (creates sustainable competitive advantage) technological discontinuity when a scientific advance or a unique combination of existing technologies creates a significant breakthrough in performance or function. *incremental change the phase of a technology cycle where companies innovate by lowering costs and improving the functioning and performance of the technological design. Emergence of dominant design: there are winners and losers technological lockout, signals a shift from design experimentation and competition to incremental change. Managing innovation: during discontinuous change, companies must find a way to anticipate and survive technological changes, companies must also manage incremental change and innovation. Experiential approach (used when companies succeed in periods of discontinuous change)
