Chapter 11 Flashcards
Organizational Change
The adoption of a new idea or behavior by an organization
Disruptive Innovation
when small changes in products or services that start small but end up replacing existing products or services for producers and consumers.
Reverse Innovation
Rather than innovating in affluent countries and transferring products to emerging markets, companies such as Lenovo or GE, are creating innovative, low-cost products for emerging markets and quickly inexpensively repackaging them for sale in developed countries.
Ambidextrous Approach
Being able to both create and implement ideas within an organization used for the systematic implementation of innovations.
Creative Departments
Gives employees freedom and flexibility to propose new ideas and work on innovative projects.
Product Change
When the organization’s product or service outputs change.
Technology Change
Changes the organization’s production process and how it works. These are designed to make production more efficient.
Exploration
- Creativity
- Bottom-Up Approach
- Internal Contests
- Idea Incubators
Cooperation
- Horizontal Coordination Mechanisms
- Customers, partners
- Open innovation
Innovation Roles
- Idea Champions
- New venture teams
- Skunkworks
- New venture fund
Exploration, Cooperation, and Innovation Roles
New Products, services, and technologies
Creativity
The generation of novel ideas that might meet perceived needs or respond to opportunities for the organization.
Bottom-Up Approach
Encouraging the flow of ideas from lower levels and making sure they get heard and acted upon by top executives.
White Hat
Neutral and concerned with just the objective facts, figures, and information pertaining to a problem.
Red Hat
Emotional response to a subject based on feelings, intuitions, instincts, and hunches.
