Production management: Innovation and Research & Development: PHILIPS History of the company The company was founded in 1891 by Gerard Philips in Eindhoven‚ the Netherlands.Its first products were light bulbs ’and other electrotechnical equipment’. Its first factory remains as a museum. In 1914 it opened a research lab to improve its light bulbs and venture into new technologies. Thus‚ its research and innovation journey began. In the 1920s‚ the company started to manufacture other
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Innovation in Apple‚ Inc. Part I: Thinking a technological innovation Apple Inc‚ is incorporated in 3 January 1977 as a multinational corporation which serves as a manufacturer and designer in the consumer electronics sector. Their focus point is production‚ marketing and support service of personal computers‚ computer hardware and software portable mp3 players‚ portable video players and finally mobile phones with the multimedia function. The company is located in USA‚ California‚ Silicon
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4 P’s of Samsung smartphone: What made it possible for Samsung to beat Apple in smartphone sales? Almost three years before‚ during a press conference a question has been asked to Aamir Khan “If you are a number one actor in Bollywood‚ then why don’t you endorse number one brand in mobiles” Aamir replied “Samsung is not a number one brand at this stage but it will become soon”. Everyone laughed to the answer and probably they were right. Who would have been thought that in the crowd of many superior
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genius of a rocket scientist to recognize that branding is the lifeblood of any corporation. This was well recognized by Samsung Electronics Corporation (Samsung)‚ way back in 1998‚ when the South Korea’s leading consumer electronics giant entered into an agreement with the International Olympic Association (IOA) to sponsor the 1998 Seoul Olympics. The message was clear. Samsung wanted to sponsor Olympics to establish itself as a global brand. And it became successful to a great extent too. Samsung’s
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limited Innovation Audit See the gaps in your innovation and develop plans for new products‚ services‚ processes and cost savings. Below is a summary of the Audit we recommend and can conduct. The full Audit varies dependent upon the organisation. Key Issues There are hard and soft factors that will determine how innovative an organisation is. Those key factors: • CEO and Board Commitment • A Learning Organisation ie being open‚ adaptive and forward thinking • A culture that encourages innovation • It
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decade ago‚ mobile phone was rarely used by people but now everyone has a smartphone with all the possible gadgets in it like camera‚ video player‚ internet and more. Talking about disruptive technology which almost replaced any other company in new innovation was Apple. Apple launched iPhone which was one of the major successes in disruptive technology because it provided every bit of comfort to its user while using it. When apple launched ipad in 2010 there was a huge marketing and hype about its new
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Creativity and Innovation Everyone has the problem that how they will learn more in the content of a question or/and problem that they are working on. Simple answer for that is by creativity and innovation‚ but then the question is what is creativity and innovation means. In simple words‚ creativity refers to the invention or origination of any new thing that has value. "New" may refer to the individual creator or the society or domain within which novelty occurs. In the same manner‚
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Leading Innovation and Change Managing Innovation Managing Innovation Innovation is important to every organization in order to successfully gain better market shares‚ customer loyalty and more investments. Unfortunately‚ not all succeeds in innovating effectively‚ and most organizations struggle with it. According to Peters and Waterman (O’Sullivan‚ 2009‚ p. 38) in their book In Search of Excellence‚ firms who transform‚ adjust‚ responds to the shift in market’s needs and continuously
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Innovation Failures Author: Izabela Kowalska Table of Contents Introduction 2 Mineral water: Bonaqua vs. Kropla Beskidu 2 Jams in tubes 4 Chocolate Jams 5 McDonald’s failed products 6 McPizza and McSpaghetti 6 Hulaburger 6 McDLT 6 Arch Deluxe and McLobster 7 McLean Deluxe 7 McAfrica 7 Dog in the Fog 8 Marketing campaign 8 Product 9 Discussion 9 Conclusion 11 References: 12 Introduction In this paper I am going to present a few examples of product failures
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“reverse innovation”‚ “frugal innovation” or “jugaad innovation‚” product development in emerging markets such as India and China is attracting more and more notice‚ even leading some to wonder whether these countries will not be posing a formidable challenge to the best-established Multinational Companies of the advanced nations in the near future. The essay should address the question: Are companies from India and China going to take over multinational companies? Frugal Innovation: Is the future
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