completely absorbed in what youre doing and time seems to pass quickly o

Completely absorbed in what youre doing and time

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completely absorbed in what you’re doing and time seems to pass quicklyoManaging innovation during discontinuous changeExperiential approach to innovation – an approach to innovation thatassumes a highly uncertain environment and uses intuition, flexible options, and hands on experience to reduce uncertainty and accelerate learning and understandingDesign iteration – a cycle of repetition in which a company tests a prototype of a new product or service, improves on that design, and then builds and tests the improved prototypeProduct prototype – a full-scale, working model that is being tested for design, function, and reliabilityTesting – the systematic comparison of different product designs or design iterationsMilestones – formal project review points used to assess progress and performanceMultifunctional teams – work teams composed of people from different departmentsoManaging innovation during incremental changeCompression approach to innovation – an approach to innovation that assumes that incremental innovation can be planned using a series of steps and that compressing those steps can speed innovationGenerational change – change based on incremental improvements to a dominant technological design such that the improved technology is fully backward compatible with the older technology (ex. PS3 playing PS2 games)oOrganizational decline – large decrease in organizational performance that occurs when companies don’t anticipate, recognize, neutralize, or adapt to the internal or external pressures that threaten their survivaloManaging change:Change forces – forces that produce differences in the form, quality, or condition of an organization over timeResistant forces – forces that support the existing conditions in organizations
Resistance to change – opposition to change resulting from self-interest, misunderstanding and distrust, and a general intolerance for changeManaging resistance to changeUnfreezing – getting the people affected by change to believe that change is neededChange intervention – the process used to get workers and managers to change their behaviors and work practicesRefreezing – supporting and reinforcing new changes so that they stickCoercion – the use of formal power and authority to force others to changeWhat not to do when leading changeNot establishing a great enough sense of urgencyNot creating a powerful enough coalitionLacking a vision for changeUnder-communicating the vision by a factor of tenoNot removing obstacles to the new visionNot systematically planning for and creating short-term winsDeclaring victory too soonNot anchoring changes in the corporation’s cultureChange tools and techniquesResults-driven change – change created quickly by focusing on the measurement and improvement of resultsGeneral Electric workout – a three-day meeting in which managers and employees from different levels and parts of an organization quickly generate and act on solutions to specific business problems

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