MIS 111 Lecture Notes - Lecture 7: Miso
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MIS 111 Full Course Notes
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Four p"s of innovation (different types of innovation): 1. product item, dramatically change how it was done; mri machine example, non- invasive diagnostic tool, want to be more effective. 2. process how are changing things in terms of innovation; assembly line, how will operation effect the people, quality, product etc. 3. (re) positioning thinking differently about a product, example jeep during war time, moved the vehicle into a new space. Value proposition what are you willing to spend ti have a product/service. Disruptive information is coming in with something entirely new. Product leadership area leaders don"t do everything, they get a start and encourage others to also innovate, help with establishing the product.