MGT 1000 Chapter Notes - Chapter 7: Predictable Process
Chapter 7-Innovation and Change
Organizational Innovations: the successful implementation
Organizational Change: a difference in the form, quality, or condition of an organization over
time
Technology cycle: yle that egins with irth of new technology. Ends when that technology
reaches its limits and is replaced by a newer, better technology
Innovation Streams: Patterns of innovation that create sustainable competitive advantage.
Technological Discontinuity: A scientific advance or unique combination of existing
technologies that creates a significant breakthrough in performance or function
MANAGING INNOVATION
1. Managing Sources of Innovation
2. Managing during Discontinuous Change
3. Managing during Incremental Change
CREATIVE WORK ENVIRONMENT
Challenging Work
Freedom
Organizational Encouragement
Supervisory Encouragement
Work Group Encouragement
Lack of Organizational Impediments
MANAGING INNOVATION DURING DISCONTINUOUS CHANGE
Experiential approach to innovation assumes that innovation is occurring within a highly
uncertain environment, and the key to fast product innovation is to use intuition, flexible
options, and hands-on experience to reduce uncertainty and accelerate learning and
understanding.
There are five parts to the experiential approach to innovation:
1. design iterations
2. testing
3. milestones
4. multifunctional teams
5. powerful leaders
MANAGING INNOVATION DURING INCREMENTAL CHANGE
Compression Approach: Assumes that innovation is a predictable process that can be planned
in steps
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Document Summary
Organizational change: a difference in the form, quality, or condition of an organization over time. Technology cycle: (cid:272)y(cid:272)le that (cid:271)egins with (cid:862)(cid:271)irth(cid:863) of new technology. Ends when that technology reaches its limits and is replaced by a newer, better technology. Innovation streams: patterns of innovation that create sustainable competitive advantage. Technological discontinuity: a scientific advance or unique combination of existing technologies that creates a significant breakthrough in performance or function. Managing innovation: managing sources of innovation, managing during discontinuous change, managing during incremental change. Experiential approach to innovation assumes that innovation is occurring within a highly uncertain environment, and the key to fast product innovation is to use intuition, flexible options, and hands-on experience to reduce uncertainty and accelerate learning and understanding. There are five parts to the experiential approach to innovation: design iterations, testing, milestones, multifunctional teams, powerful leaders.
