21129 Lecture Notes - Lecture 11: 2004 Indian Ocean Earthquake And Tsunami, Hurricane Mitch, 2001 Gujarat Earthquake

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UTS 2014 Managing People and Organisations
Page 59
4. Discuss what Banerjee refers to by the phrase privatisation of sovereignty” and
imperialism without colonies. Give some examples.
5. What is the relevance of Privatised Military Firms (PMFs) to necrocapitalism? Provide
examples of the Australian government outsourcing operations to such PMFs.
6. Who are the beneficiaries and the victims of necrocapitalism? Provide examples.
- Global winners and global losers
7. What does Banerjee mean by the term disaster capitalism? Provide examples.
- Disaster capitalism’ where corporations make profits, control resources, and reshape
economies of regions devastated by natural and human-made disasters.
- As was the case during reconstruction efforts after the Boxing Day tsunami, Hurricane
Mitch, Hurricane Katrina, and the Gujarat earthquake of 2001 (Klein 2007; Sharma
2003); the struggles fought by indigenous groups against mining and resource
corporations (Banerjee 2000); and the ‘clinical trials’ conducted by transnational
pharmaceutical corporations on the bodies of the world’s poorest patients causing
disfigurement and death (Shah, 2006).
8. Discuss the importance of critical and reflective thinking within the context of
globalisation and necrocapitalism.
Lecture 11 Innovation, Change and Rationality
INTRODUCTION
ORGANISATIONAL INNOVATION
Innovation can be defined as the creation of either a new process (process of
innovation) or a new product or service (product/service innovation) that has an
impact on the way the organisation operates.
A platform is defined as an evolving eco-system that is created from many
interconnected pieces.
Changing the way organisations operate through the creation of:
New processes (process innovation)
New products or services (product/service innovation)
Platforms for innovation innovation happens in an evolving eco-system created
from many interconnected pieces
Legal, political and economic environment
Infrastructure
Scientific knowledge
Customers’ needs
Investors
Suppliers and supply chains
CHANGE
Fundamentally, change refers to a transition that occurs from one state to another.
Change is the process underlying innovation.
One of the key questions is that of the degree of control by management over the
change process.
PLANNED CHANGE
Change can be implemented and planned for in a rational way
A linear vision
Change is a transition between TWO STATES OF STABILITY
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Document Summary

Uts 2014 managing people and organisations: discuss what banerjee refers to by the phrase privatisation of sovereignty and. Disaster capitalism" where corporations make profits, control resources, and reshape economies of regions devastated by natural and human-made disasters. As was the case during reconstruction efforts after the boxing day tsunami, hurricane. Mitch, hurricane katrina, and the gujarat earthquake of 2001 (klein 2007; sharma. Innovation can be defined as the creation of either a new process (process of innovation) or a new product or service (product/service innovation) that has an impact on the way the organisation operates. A platform is defined as an evolving eco-system that is created from many interconnected pieces. Changing the way organisations operate through the creation of: Platforms for innovation innovation happens in an evolving eco-system created from many interconnected pieces. Fundamentally, change refers to a transition that occurs from one state to another.

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