USER INNOVATION CLASS LEGO Case Study Simone Grancini Giovanni Giuseppe Savini HS 2010 User Innovation 1 AGENDA The Company‚ analysis History Today Tomorrow Collaborative Innovation Theory‚ evolution Tools Lego User Innovation Strategy Lego Board Games Lego “Design By Me” Costs and Benefits Q&A HS 2010 User Innovation 2 LOGIC BEHIND ANALYSIS History presentation structure: Focus on main learning points under: Product Development perspective Growth
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its dependent industries‚ it will influence negatively for the Tata Steel. In 2007‚ when Tata Group acquired British based Corus Company‚ it became the 6th largest Steel Producer in the world‚ however it affected very negatively at the time because of U.S economic crisis. As the economy is recovering year by year‚ the Corus Company acquisition is giving tremendous benefits and profit for the Tata Group. Therefore‚ overall today’s economy has a positive effect on Tata Steel. Sociocultural Segment
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resources to assist with the long term objectives. LEGO suffered a sharp decline in the ‘most admired companies in Denmark’ poll. The external image of the company - that which affected the general public’s opinion and the desirability of the LEGO Group as a prospective partner and employer suffered due to the fluctuations in sales and profits. Heavy financial losses resulted in a weaker capital structure and limited investment opportunities for the future. As a result the entire procurement process
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Business Policy * South Korean Multinational Conglomerate‚ Founded 1938‚ headquartered in Samsung Tower‚ Seoul. Comprises numerous subsidiaries and affiliated businesses‚ most of them united under the Samsung brand. * Samsung Electronics * Samsung Heavy industries * Samsung Engineering * Samsung Life Insurance * Samsung Everland Lee Kun - Hee - Chairman and CEO. Lee Soo - Bin - President‚ CEO of Samsung Life Insurance Revenue - $ 247.5 billion (2011)
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Samsung is one of the top leaders in the world when it comes to current technology and creating future electronics. To become a world leader a strong management team has been put in place and a very aggressive marketing strategy has been used. Samsung has made enormous strides in taking market share in the smartphone market from Apple inc. With legal battles and consistently changing markets will Samsung be able to maintain this growth? Management The head management structure within Samsung
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an unequal cooperative group rewards system in place that allows one team to financially benefit more than other teams within the company * Symptoms: The women in paint department were earning more than other skilled workers‚ workers complaining of inequity in salary‚ decreased retention rate‚ increased production was not sustainable. * Theories/models from the chapter 9 – Group cohesiveness‚ group effectiveness‚ cooperative group rewards‚ motivation in groups Solution Statement:
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AND LOADED ON TO STUDENT PORTAL:- 8 August 2012 DATE ASSESSMENT TO BE COMPLETED AND SUBMITTTED: • Group presentation will be held during the exam period: 29 October-9 November 2012. (You will be advised of precise date and venue) ---------------------------------------------------------------------------------------------------------------- Assessment Type: [Assignment: Group Oral Presentation for a new business strategy] --------------------------------------------------------------------------------------------------
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a part of a team (Kearney-Nunnery‚ 2008). By observing and evaluating yourself when in interaction with others‚ we can learn how to communicate effectively. Group work demonstrates our capacity to communicate effectively‚ share and reflect on our opinions‚ gain trust for group members‚ and resolve conflicts. A team can be defined as “a group of individuals who work together to produce products or deliver services for which they are mutually accountable (Tyrer‚ 2004).” Teamwork is described as “a
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Individuals have joined an eight-week psycho-educational group to learn and develop strategies and skills to manage their lives. During the first few weeks the group had been quiet‚ however‚ in the beginning of the third week a member of the group raised concern stating that they (the group) were not happy being lectured to each week. John‚ the group leader continued on without much acknowledgement‚ which resulted in another member becoming disgruntled. The member stated that perhaps if John did
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The Blackstone Group’s decision to file an initial public offering (IPO) involved the development of the compensation system‚ protection of the limited partners (LP)‚ structure of the public ownership‚ and an accounting transition in order to alleviate problems that would arise. Blackstone was required to establish a new compensation package that addressed partners carried interests as well as compensation for investment professionals and staff members that allowed each party to be no worse off
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