Product Development and Innovation Group members : Duc Tien VU Lan Chi VU I/ Hepatitis C vaccine contains one of the viral envelope proteins. After one injection‚ an antivirus system is established in the bloodstream. This system memory then provides immunity to hepatitis C infection. Benefits: Prevents hepatitis C infections‚ which can lead to liver cancer later in life. So‚ this vaccine makes our life more safe by a cheap and quick solution. II/ Small car for city: Current compact car
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Analyzing Organizational Innovations Nokia’s innovative role in the Finnish education and private business system is a fantastic idea. What was done is Nokia utilizes resources in Finland but at the same time they produce innovative resources through the education system that benefits all (Ali-Yrkkö & Hermans‚ 2002). From innovation resources such as the educational system‚ skilled labor‚ and Takes research and development (R&D) funding‚ to name a few. Similarly‚ Finland has reaped benefits from Nokia
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Employee-led innovation. How can employees take the lead in innovation? In our modern world‚ every idea can grow into big innovation. Great discoveries in this world and every single idea that changed life on the Earth was created in just simple situations with a contribution of ordinary people. What is the ocean without a drop of water in it? Sometimes we don`t focus or think about details and as a result we can be in a big trouble. Nevertheless‚ thanks for our work on mistakes we started to see
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Innovation Strategy at Microsoft: Clouds on the Horizon Microsoft Corporation is an American multinational software corporation that develops‚ manufacturers‚ licenses and supports a wide range of products and services related to computing. Microsoft is the world’s largest software maker and affects millions of users worldwide every day. The company recorded all-time high revenue bringing in $73.7 billion for fiscal year 2012. After analyzing this case‚ I have concluded that the main problem
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Veridian: Putting a Value on Values 1. What is Veridian’s strategy for making money for its shareholders? Veridian is a defense information technology company that has always remained consistent in its focus of values-based leadership to create a long term strategy of meeting the needs of customers‚ employees‚ suppliers‚ as well as shareholders. Because of the broad intention and focus of the leadership‚ the corporate culture attracts the highest-skilled employees who are able to deliver outstanding
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discussions about creativity‚ innovation and invention are often made difficult because people are unclear about the exact meanings of some key terms. They are not the same thing. To create for example a successful product or business‚ a leader needs to recognize the differences‚ and combine them in the right mix. So what is the real definition and difference between all these three wonderful concepts? Creativity is your ability to imagine new concepts. It does not require value creation. That is why
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Values In different region of the world people have different beliefs that guide and shape the way they live their life. A value is an important and life lasting beliefs or ideals shared by people of the same culture about what is good or bad‚ and what is desirable or undesirable. What may seem valuable to one person may not be the same as to the next person‚ cultures differ in many ways and those values that shapes our culture is also the root of our lifestyle. Throughout our lives
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innovative for that time. The innovation of Club Med combines three elements: - cash free system - where guests can buy extra services without taking cash all the time‚ just special card‚ which every guests receives after registration in the resort. - “all-inclusive” concept‚ which still doesn’t mean that everything is free on the resort territory‚ but basically such services like food and drinks‚ transportation and entertainment are free of charge. This innovation provides 20% guest return every
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Effectiveness of Innovation Leadership ----Based on the Failure of Com Dev International Ltd In the first essay‚ I analyzed the leadership of Roger‚ the leader of Suzhou Com Dev International Ltd (hereinafter referred to as Suzhou Company). In this essay‚ I will discuss the problem and solutions to Roger’s problematic leadership based on ecology of innovation‚ initiating and consideration structure‚ and transformational leadership In order to create ecologies of innovation‚ we should know
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Unit 1: The nature of values - These Quotes and information are good to use when discussing values in any essay Values as ‘principles and fundamental convictions’ are abstractions until they are applied in the contexts of daily life. Values are made real or ‘realised’ when their meaning is expressed through choices made and behaviours acted out. Values are the priorities individuals and society attach to certain beliefs‚ experiences‚ and objects in deciding how they shall live and what they
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