ADM 2372 Chapter Notes - Chapter 7: Enterprise Resource Planning, Corporate Social Responsibility, Green Computing
9 Apr 2016
School
Department
Course
Professor
Document Summary
Chapter 7: enterprise computing challenges and enterprise resource. Innovation is the introduction of new equipment or methods. The current impetus to innovate comes from the need to cut costs, while still creating a competitive advantage. The six best practices of innovation include: find a relevant edge. Business execs need to find relevant edges that will test and push their current performance: assemble innovation hothouses. Attract motivated groups of people to these edges to work together on challenging performance issues: reward risk takers. Recognize that the people who are likely to be attracted to the edge are risk takers. Execs need to be thoughtful about how to attract these people, provide them with environments to support risk taking, and reward them for both successes and failures: celebrate diversity. Recognize that the edge fosters not just risk taking, but different cultures that are edgy: look around.
