and Disruptive Innovation Dean Robb‚ Ph.D. A renewable entrepreneurial enterprise must juggle‚ balance and integrate two phenomena‚ each requiring radically different values‚ mindsets‚ leadership and management approaches. The first is "sustaining innovations‚" which are basically improvements to a currently-existing business framework‚ and which milk the current business model and value proposition for all they are worth. The second is "disruptive innovations‚" which are innovations that threaten
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Introduction People always believe that innovation means new technology‚ new products‚ or inventions‚ but innovation is wider than that. Different people may define innovation in a variety of ways. Michael Stanleigh said‚ “Innovation goes beyond technology and requires collaboration from many areas to come together to achieve success” (2014). Steve Jobs believes that “innovation has nothing to do with how many R&D dollars you have……It’s not about money. It’s about the people you have‚ how you’re
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Speedo innovation: Swimwear companies have invested millions designing high-performance suits for the upcoming Beijing Olympics. Can design help swimmers finish faster? Following the 2004 Athens Olympics‚ officials at swimwear giant Speedo had good reason to celebrate: Athletes clad in their latest suits at the time‚ called Fastskin FSII‚ won 46 medals in the pool. Yet when the company ’s in-house design team‚ Aqualab‚ gathered soon after the games at company headquarters in Nottingham‚ Britain
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Distorted Environment‚ Immorality‚ Lust‚ Film Noir‚ Double Indemnity Double Indemnity is a film that involved a distorted and obscured environment that causes different moods and emotions. At the beginning of the film‚ you can observe the darkness of the city and careless drivers driving at a high speed. This atmosphere gives a feeling that there are mysteries‚ intensity‚ loneliness‚ sadness‚ horror‚ confusion‚ and danger. Double Indemnity involves self-destruction‚ disappointment‚ manipulation
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The doctrine of the Double-effect states that if something is done for the moral good but also includes morally questionable side-effects‚ it is ethically acceptable to do so providing that these side-effects were not part of the actions original intentions. This includes the foresight of these negative side-effects potentially occurring. This doctrine originates with Thomas Aquinas‚ and his treatment of homicidal self-defense‚ the Summa Theologica. This work states that an action having foreseen
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disruptive innovation. Disruptive innovation was coined by Clayton Christensen. It explains the process of a product or service preliminary application initiating from the bottom of the market that replaces an already established product or service. (????) This theory has created a significant impact on management practices in all types of industries. It has created debates of how “executives and managers are in need of research that will elevate the pursuit of successful innovations from a gut-level
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Case study An analysis of 3M‚ the innovation company Introduction Any review of the literature on new product development and innovation management will uncover numerous references to 3M. The organisation is synonymous with innovation and has been described as ‘a smooth running innovation machine’ (Mitchell‚ 1989). Year after year 3M is celebrated in the Fortune 500 rankings as the ‘most respected company’ and the ‘most innovative company’. Management gurus from Peter Drucker to Tom Peters continually
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Open Innovation Case: W. L. Gore & Associates‚ Inc Introduction In light of the trend towards open innovation‚ inter-organizational technology transfer by means of alliances and licensing has become a key component of the open innovation processes. In this assignment we will discuss how open innovation can be the key of success and open up different opportunities‚ describe innovation in terms of what managerial consequences it can have on a company and try to find out what can be the driving
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A Humble and Shallow Review of The Double Helix: A Personal Account of the Discovery of the Structure of DNA by James D Watson As a piece of book review as regards the book The Double Helix: A Personal Account of the Discovery of the Structure of DNA‚ written by James D. Walter in an autobiographic tone‚ this paper aims at offering a preliminary glimpse of the nature of scientific discovery and the constraints of scientific specialization as well as women’s role in science. Just like James Watson
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A Framework for Strategic Innovation A Framework for Strategic Innovation Blending strategy and creative exploration to discover future business opportunities ______________________________ by Derrick Palmer & Soren Kaplan Managing Principals‚ InnovationPoint LLC © 2007 InnovationPoint www.innovation-point.com Page 1 A Framework for Strategic Innovation Table of Contents 1. 1.1. 1.2. THE ART AND DISCIPLINE OF STRATEGIC INNOVATION ............. 3 Traditional strategy
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