Essays On Innovation

What is innovation? Innovation is not creation or invention. Innovation is not a simple concept of create or invent a new product either. It is innovation that is to build a new successful product or a theory which will be accepted by people in the market. And linear models of innovation are a description of […]

Managing creativity and innovation is central to the repositioning of organisations, (especially to those the size and magnitude of Google). This concept refers to taking on new techniques and technologies, to developments in the provision of new products and services, as well as forming and implementing strategies to secure competitive advantages. However, success in a […]

An article “Deep Change: How Operational Innovation Can Transform Your Company” in the Harvard Business Review, by Michael Hammer speaks about operational innovations that take on the simple changes in everyday operations results to lower prices and better services than competitors. It basically talks about how operation innovation transformed the progressive insurance, an automobile insurance […]

The smart phone industry in China has been surrounded by controversy due to products made in China. This is mainly because of the Chinese culture of “Shan Zhai,” which is known for imitation and has affected trust in Chinese products across different sectors. However, in 2011, the Xiaomi phone M1 brought about a revolution in […]

1. What virtues did Nanay Coring show as an entrepreneur? She shows entrepreneurial spirit with courage, determination and hard work. She gambles and greatly believes in herself, that no matter what, nothing is impossible if you do try. 2. Trace the rags to riches story of Socorro Ramos. Her story is truly an inspiring one […]

This assignment is based on the following short case studies: Acme Whistles, a company the dates back to 1870 that was started to respond to a request by the London Metropolitan Police to replace their wooden rattles that was used to sound the alarm. So the world’s first police whistle was born. Oxfam International, a […]

How does the Ecton machine differ from the existing technology in the market? What characteristics/applications does it have that are similar to that of conventional machine? What characteristics/applications are different? Difference: Ecton machine is compact, portable, and easy to use. Lower cost ($38,000, less than half the price of the low end full scale machines […]

There have been a lot of on-going discussions and arguments surrounding creativity and innovation such as the use of technology, more unpredictable customers, higher expectations and competition amongst organizations. But before getting to the roots, we have to understand what creativity and innovation means. What is Creativity? Creativity is the generation of novel, valuable, and […]

Jake Burton was one of many young people in the 1960s who enjoyed using Sherman Poppen’s Snurfers for snow surfing. However, in 1977, he was surprised to find that there had been little progress in terms of development, expansion, or innovation within the industry. In response to this lack of advancement in snowboards, he left […]

Air flight is becoming closer and closer to our lives. A biggest advantage of air flight is speed, for example, in order to travel from Saigon to Hanoi, it takes at least 36 hours by bus, 24 hours by train but only 2 hours by flight. Completion in airline industry is increasingly intense when many […]

Liuyang, a city in Hunan Province in China, is known as “the home of firecrackers and fireworks”. The fireworks making in Liuyang has a long history and tradition in China, and enjoys a high reputation in the domestic market. It was also the top fireworks exporter in the world, covering 60% of the global production. […]

Strengths IBM’s core strength lies in its System/360 and System/370 mainframe series. These mainframes have become the industry’s benchmark that competitors try to match. Moreover, IBM’s high-priced lease strategy, supported by excellent customer support, enhances the company’s fortunes. Over the years, IBM’s excellent service, along with a successful sales team has given it an advantage […]

3M attributed much of its growth to its innovative products and incremental/extensions of existing products. However, of late they hadn’t come up with anything significant and they were stagnating. At this point, Ms. Rita Shor implemented the “Lead User Research” methodology to come up with four recommendations on new innovative products and strategy. In my […]

Are hybrid electrical vehicles a radical innovation or an incremental innovation? Are they competence enhancing or competence destroying, and from whose perspective? How would you answer these questions for fuel cell vehicles? First of all, in order to answer that question, means of radical innovation and incremental innovation should be understood clearly. Radical innovation’s mean […]

1.0 Introduction This paper is the result of continuous research on managerial capability for innovation in micro firms in the Irish tourism sector. The main goal of this study is to contribute to academic research as part of a doctoral program. Tourism is a significant industry in Ireland, contributing 2.7 billion euro to the country’s […]

At the beginning of the game, we are given two products in Sonite market: SEMI and SELF. After analyzing their product attributes and market positioning, we found that SEMI did a good job in terms of market positioning, which met the needs of Professionals and High-earners relatively well. This was shown in the high market […]

The world is becoming more and more interconnected. Globalization changes how people consume, work and live almost everywhere of the world. Today, many economic, political, cultural or ecological relationships are not explainable from a national perspective. At the same time, a controversial debate about the consequences of globalization has begun. But what are the main […]

Abstract Over the years 1994 – 2003, white goods producers Whirlpool Corporation initiated and implemented changes to their business model to enable them to move from a previously engineering focused organisation to a more customer focused entity. The structure and processes they put in places has since embedded itself in the company’s culture. This report […]

Question 1 asks if Toyota can be considered as an innovative company and requires a reasoning to back up the response. I believe Toyota is a company that values innovation. Innovation involves renewal or improvement, leading to the creation of something new. To achieve improvement, individuals must alter their decision-making approach and make choices beyond […]

Answer 1 Despite having products like the Prius, I would not categorize Toyota as an “innovation organization”. Nevertheless, it is undeniable that Toyota displays innovation in its services, marketing, and other business procedures; albeit in a gradual manner. When evaluating a company’s innovation, I believe it should be apparent in their products. Consequently, aside from […]

“Green Banking”, an effort by the banks to make the industries grow green and in the process restores the natural environment. This concept of “Green Banking” will be mutually beneficial to the banks, industries and the economy by enhancing financial inclusion in the country so that more people can be included in the middle income […]

At first, Bill had reservations about Steven Johnson’s book, “Where Good Ideas Come From: The Natural History of Innovation.” However, he eventually recognized its worth in examining the environments that promote creative collaboration and innovation. Although initially doubtful due to numerous existing works on innovation, such as definitions, rankings of innovative companies, and measurement techniques, […]