Technische Universität Berlin Faculty of Economics and Management Chair for Technology and Innovationmanagement Case 1: From Imitation to Innovation: Zongshen Industrial Gr. By Willy Shih & Nancy Hua Dai Case Seminar on Strategic Innovation Management Summer Term 2011 Name: Simon Delcourt Marc Esslinger Dennis Fakner Matriculation Number 337929 337772 331557 #Words: 399 Question 1: Originally‚ Zongshen sold engines for motorcycles which were mainly knock-offs Japanese motorcycle
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-Success Story : Flipkart Drives Innovation Through Intelligent use of IT Amod Malviya VP Engineering‚ Flipkart We started streaming metrics on large screens on the engineering floor so that engineers could track performance in real time—unlike most websites that review their performance only once in a week. Executive summary By using a system that allows Flipkart’s engineers to launch multiple versions of its website in real time‚ IT drives a new level of innovation. The Organization: Despite
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Innovation and Success McKenzie P. Reutinger COLL-148 November 25‚ 2011 Andrea Henne Innovation and Success My paper is about business innovation‚ successful entrepreneurship‚ and being a leader in the business world. I am choosing to talk about Henry Ford. Both Henry Ford was successful business man and innovator. His ideas‚ leadership‚ and innovations have changed the business and industry world today. Henry Ford changed industry forever with his ideas and “Fordism.” I am studying Business
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Case Studies 3M1: Rethinking Innovation Background Large (70K employees‚ $15bn sales)‚ global operations (200 countries)‚ multi-product (50K range)‚ multi-market business. Innovation ‘Claim to Fame’ This company has been around for just over 100 years and during that period has established a clear reputation as a major innovator. Their technical competence has been built up by a long-term commitment to R&D on which they currently spend around $1bn p.a.; this has yielded them a regular position
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Abstract Financial Innovation has been the backbone of our modern financial system. It has revolutionised the way we spend‚ receive and borrow money‚ however through the recent global financial crisis and negative connotations that have been attached to the term‚ people have doubted the positive notions it has had. It is important to distinguish between innovation itself and how it can be used or misused. Recent Financial Innovation has thwarted real economic growth and has been the blame for the
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Chapter 2 Sources of Innovation SYNOPSIS OF CHAPTER In this chapter consideration is given to the role of creativity as the underlying process for the generation of novel and useful ideas. Individual creativity is considered to a function of intellectual abilities‚ knowledge‚ thinking styles‚ personality traits‚ intrinsic motivation and environment. Firm creativity is more than the sum of member creativity. Firm creativity is also a function of the organizational structure and the strategic
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LEADERSHIP The activity of leading a group of people or an organization or the ability to do this. Leadership involves (1) establishing a clear vision‚ (2) sharing that vision with others so that they will follow willingly‚ (3) providing the information‚ knowledge and methods to realize that vision‚ and (4) coordinating and balancing the conflicting interests of all members and stakeholders. Leadership is "organizing a group of people
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MBA A Case Study on “Innovation on Apple” Course Code ： MBA Cohort 22 Lecturer ： Mr. D.L.Allen Student Name ： Wong Man Pan Student ID ： Submission Date ： 18 July‚ 2012 No of words ：3‚092 1. Executive summary This article contains four main sections; in the first section‚ the characteristics of innovation Company are defined‚ mainly the ideas which follow Barry‚ John and Richard‚ 2011 and the overview of Apple Inc innovation would be evaluated based on the
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1 Explain creativity and innovation and in your point of view‚ why both creativity and innovation are vital in the business context. Support your answer with relevant examples. Creativity is the ability to think widely‚ to generate new ideas and connect ideas and have a free minded to approach matters. Innovation is the production or implementation of ideas (Naiman‚ 2011). Innovation involves introducing of new concept towards existing products or services or processes to make them better. Generally
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INTRODUCTION Companies must innovate in order to keep ahead of their competitors. If an organization wants to create a business strategy that keeps it at the forefront of innovation‚ it must develop ways of making that strategy work. Being innovative does not just involve using the expertise of market researchers‚ scientists and product developers to create new products. It also involves using the capabilities of everyone within an organization to generate the processes that help the new product
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