Innovation and Change Pt.1 (EXAM 2) Flashcards
What is Organizational Innovation?
Implementing creative ideas in organizations
What is Technology cycle?
Cycle that begins with birth of ne technology and ends when it reaches its limits and is replaced with something better.
What is the S-Curve Pattern of Innovation?
slow initial progress, then rapid, then slow progress as technology matures and reaches its limits
What is the slope of the curve?
steep slope indicates small amounts of effort will result in significant increases in performance
What is technological discontinuity?
Performance or functional breakthrough created by scientific advance or unique combination of existing technologies
(T/F): Is Discontinuous change a technology cycle?
True
What is the discontinuous change described by?
- Technological substitution
- Design Competition
What is Technological substitution?
Purchase of new technologies to replace older ones
What is Design competition?
Competition between old and newtechnologies to establish a new technological standard
What is Dominant design?
technology becoming accepted market standard.
What are the 2 things Dominant design indicate?
- Indicates which companies prosper or face technological lockout
- Indicates shift from experimental and competition to incremental change
What is a Creative work environment?
Ideas that are welcomed, valued, and encouraged
What is Flow in an environment?
State of effortlessness where you become absorbed in what you are doing
How do you manage innovation during incremental change?
Experiential approach
What are the 6 components of Creative Work Environments?
- Challenging work
- Organizational Encouragement
- Supervisory Encouragement
- Work Group Encouragement
- Freedom
- Lack of Organizational Impediments
What are the 5 aspects of experiential approach?
- Design iteration
- Testing
- Milestones
- Multifunctional teams
- Powerful leaders
What is Experiential Approach?
Innovation that assumes a highly uncertain environment and uses intuition and hands-on experience to reduce uncertainty and accelerate learning.
What is Compression Approach?
Assumes incremental innovation can be planned using a series of steps which can speed innovation
What are the 3 advantages when planning for incremental innovation?
- Helps avoid unnecessary steps
- Enables sequence steps in the right order to avoid wasted time and delays
- Reduces misunderstandings & improves coordination
What is Generational change?
Change based on incremental improvements to a technology design that the improved technology is fully backward compatible with the older technology.
What are the 3 ways to shorten development time?
- Supplier involvement
- Shortening the time of individual steps
- Overlapping steps
