Strategic Innovation: Back Bay Battery In this online simulation‚ students play the role of a business unit manager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years) across products in the portable power market. Other Online Simulations Other Online Simulations from Business Publishing fromHarvard Harvard Business Publishing Back Bay Battery Strategic Innovation Simulation Supply Chain: Root Beer Game This version of the classic Beer
Premium Management Strategic management Project management
THE UNIVERSITY OF CONNECTICUT SCHOOL OF BUSINESS ADMINISTRATION NEW PRODUCT AND INNOVATION MANAGEMENT (final version dated September 7; updated September 20) Course Number: MKTG 5230 Pre-requisite: MKTG 5115 Classroom: Room TBA (Hartford Campus) Term: Fall 2012 Class Hours: Sep 7 (5:00pm to 8:00pm)‚ Sep 8 (9:00am to 5:00pm) Sep 14 (5:00pm to 8:00pm)‚ Sep 15 (9:00am to 5:00pm) Sep 28 (5:00pm to 8:00pm)‚ Sep 29 (9:00am to 5:00pm) Instructor: Dr. Girish Punj
Premium Innovation 1979 1984
SIMULATION FOREGROUND READING Back Bay Battery‚ Inc. Overview The battery industry is enormous‚ with worldwide revenues of approximately $45 billion. It is highly fragmented with at least 20 major manufacturers in each technology segment. Because of the wide range of applications of batteries‚ companies have tended to specialize in a particular technology or market application. Disposable batteries‚ such as the widely available carbon-zinc and alkaline cells‚ are available in standard sizes
Premium Rechargeable battery Lithium
density was rated the highest among all features so we decided to focus on this one. We chose energy density within the NiMH due to its historical profitability. The minimum annual cost for this project was $3M. Since this was our first round of the simulation‚ we decided to invest the minimum required. Our team also felt it was important to focus on process improvement. Learning from the GEOX case study‚ in order to compete with surrounding competition‚ a company must
Premium Rechargeable battery
1. What was your strategy going into the simulation? Market data analysis stressed two main facts: i) the promising potential of ultracapacitors and ii) surfacing mature market conditions for conventional NiMH batteries. The first piece of information implied that it would be critical to beat the competition and be the first company to offer customers the features and benefits they demanded in the new product. That would have allowed Back Bay to gain a competitive advantage and keep existing customers
Premium Supply and demand Plug-in hybrid Investment
Simulation Strategic Innovation Simulation: Back Bay Battery (v2) Clayton M. Christensen; Willy Shih Added on Sep 22‚ 2014‚ Purchased on Sep 22‚ 2014‚ Expires on Sep 22‚ 2015 Hide Details Product #:7015-HTM-ENGFormat: English Web Based HTML In this single-player simulation‚ students play the role of a business unit manager at a battery company facing the classic Innovator’s Dilemma. Students have to manage R&D investment tradeoffs between the unit’s existing battery technologies
Premium Rechargeable battery Battery Lithium
In my first round‚ I have read the case‚ looked at the available information and applied the BSSE and MI theories to understand what was happening in the market and how I should act. I assumed that the high growth potential market was for the innovative product and I expected the core business to decline over time. I started heavily investing in bringing the new product up to the demanded quality. Then I started losing the core business and missing my sales targets. I got fired. I couldn’t believe
Premium Investment English-language films Marketing
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
Premium Innovation Strategic management Creativity
Strategic Innovation Proposal Deborah Morrison OI/466 6/01/2013 Brandon Johnson Strategic Innovation Proposal Introduction This paper identifies the problem and unmet opportunities related to Coca-Cola Company. It develops an innovative strategy to address the problem. It used innovative business design model to solve-out the problems and take them as an opportunity for organization. The use of IBDM is effective for the creation of an innovation business product. Following are the different
Premium Coca-Cola Soft drink Caffeine
BASIC (Bay Area Science & Innovation Consortium) www.bayareabasic.org • basic@bayareacouncil.org Bay Area Council Economic Institute www.bayareaeconomy.org • bacei@bayareacouncil.org 201 California Street‚ Suite 1450‚ San Francisco‚ CA 94111 (415) 981-7117 • Fax (415) 981-6408 The Bay Area Innovation System How the San Francisco Bay Area Became the World’s Leading Innovation Hub and What Will Be Necessary to Secure Its Future A Bay Area Science & Innovation Consortium Report produced
Premium Research San Francisco Bay Area Innovation