The importance of innovation Corporations must be able to adapt and evolve if they wish to survive. Businesses operate with the knowledge that their competitors will inevitably come to the market with a product that changes the basis of competition. The ability to change and adapt is essential to survival. Today‚ the idea of innovation is widely accepted. It has become part of our culture – so much so that it verges on becoming a cliché. For example‚ in 1994 and 1995‚ 275 books published
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Apple innovation; a case study Ahmad Al-Rubaie Agenda • • • • • • Apple as a leading innovator Apple financial performance Apple history & innovation background Apple’s innovation strategy Apple’s innovation takeaways Steve Job’s innovation secrets One cannot talk about innovation without mentioning Apple Inc. For the fourth straight year‚ respondent ranked Apple and Google the two most innovative companies‚ with Apple once again the hands-down winner. Apple has held the op spot in
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Annotated Bibliography on Innovation A.G.Lafley & R. Charan.The Game Changer: How Every Leader Can Drive Everyday Innovation. London: Profile Books. This book explains the importance of continuous innovation and cautioning how a unique product can turn into commodity if not continuously innovated. The noticeable strong meaning of innovation as foundation for controlling destiny is quoted. The importance of innovating based on customer feedback rather than technology driven as implemented by Procter
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its’ presence and service delivery Kennametal Inc. markets its products and service via large network through multiple channels including direct sales‚ marketing‚ the Internet‚ integrated supply programs and a plethora of industrial distributors. The case study evaluates the innovative processes Kennametal employs as it relates to three distinct company goals in its operations which is split in half between the Western and Eastern hemispheres; 1) getting its operations closer to its customers in the
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Innovation Case Study - Go Pro Nick Woodman‚ a Californian native and keen surfer‚ invented the GoPro after a surf trip to Australia in 2002. It is small and non-descript looking‚ deceptive really‚ however is a wearable camera and camcorder. Its size means it can be mounted almost anywhere with ease‚ whilst also having the capacity to shoot videos and stills in full HD. The GoPro was the first camera of its kind; small and virtually indestructible‚ and able to be mounted practically anywhere due
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Barton on sea is situated in the south coast of England between Lymington and Bournemouth. It is well known coastal area as it was the first place to try out rock groynes. The top of the cliff face is made from sand with gravel within it‚ and the bottom of the cliff where it’s starting to slump is made from clay which is porous and does not let water in easily unlike sand which is why we can see large amounts of coast erosion as the sand and gravel have pushed back so far. Barton on sea has had
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1. What is the mission of the Sea Otter Research and Conservation Program? 2. How do you report a stranded otter (three steps)? 3. What is so unique about a sea otter’s coat and why is it vital for their survival? 4. What does the diet of a sea otter consist of? 5. Approximately how many Southern Sea Otters are there now? 6. List the steps of the chain reaction‚ starting with over-fishing in the open waters‚ that has led to the destruction of the coastal ecosystems off the coast of western
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the engineers of the California Development Company contributed to the formation of the Salton Sea. The Salton Sea is located in the southern part of California‚ between the Mojave Desert and Sonoran desert. It is the biggest lake located in California‚ 35 miles long and 15 miles across. Throughout the decades researchers have discovered that lakes have formed and dissipated years later in the Salton Sea location. They came up with the idea to bring water to the desert‚ in order to sustain the large
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REACTION PAPER ON CASE 2: NETFLIX: RESPONDING TO BLOCKBUSTER‚ AGAIN Netflix has been in the forefront of innovation in the video rental industry despite the fact that it came about 20 years after the opening of the first brick and mortar video rental store (The Video Station) and 12 years after the opening of Blockbuster (its most prominent competitor). Netflix’ mail service came in at the right time when the DVD-format was still new making the company’s business model even more relevant. The change
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