Busi 110 Innovation and change

Busi 110 Innovation and change - Carmela Anastacio Busi 110...

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Carmela Anastacio Busi 110 Innovation and Change Organizational Innovation ‘the successful implementation of creative ideas in an organization’ Creativity – a form of organizational innovation, is the production of novel and useful ideas. Cellphone evolution Future? Technology Cycles Begins with the ‘Birth’ of a new technology S-Curves and Technological Innovation iComp Index 2.0 of Intel Microprocessors “High-Tech?” Technology – ‘the knowledge, tools, and techniques used to transform inputs into outputs’ Technology cycles - involves advancement or changes in any kind of knowledge , tools , and techniques …of a field or discipline” Innovation Streams Patterns of innovation over time that can create sustainable competitive advantage. The best way to protect a competitive advantage is to create a stream of innovative ideas and products. Apple’s products on PLC Technological Phases 1 - Technological Discontinuity - a phase in which scientific advancements or a combination of existing technology creates a significant breakthrough in performance or function Technology Phases 2 – Discontinuous Change – phase wherein technological substitution and design compete. New technology is attempting to replace older existing technology. 3 – Dominant Design – the new technological design or process that becomes the accepted market standard, Critical Mass (HD DVD vs. Blue-ray) 4 – Incremental Change – phase in which companies innovate by lowering costs and improving functions and performance to the dominant technological design.
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