L06: Organization Structure and Innovation CH09 Flashcards
Three forms of Innovation (PPB)
Product
Process
Business model innovation
Whats the difference between Sustainable and Green Innovation
Lower environmental impacts vs Lower carbon footprint
Explain Social Business Innovation
Using micro-credit lending to fight poverty
Explain Social Entrepreneurship
Solve pressing social problems
What are the five steps of innovation (IDEAS)
Imagining Designing Experimenting Assessing Scaling
Commercializing Innovation
Turning new ideas into profits through sales or cost reduction
Four steps to product innovation (II-FF)
Idea creation
Initial Experimentation
Feasibility Determination
Final application
What is disruptive innovation
FACEBOOK / INSTRAGRAM / AMAZON
The creation of an innovative product that disrupts the competition and past practices
Change leader vs Status Quo Managers
Millennial vs Baby Boomer
Change leaders more supportive of creativity and change vs NOT
What is Top Down Change
Strategic and comprehensive change from top management
Bottom-UpChange
Change from from all parts of the organization NOT just top management
Difference in Integrated Change Leadership: Top-down vs Bottom-Up.
Top-down:
-Breaks traditional barriers
Bottom-Up:
-Builds capability for sustainable change & organized learning
Unplanned Change vs Planned Change
Responding to unanticipated events
VS.
Aligning the organization with anticipated future challenges
What are the 5 Organizational targets for change (TPCTS)
Tasks People Culture Technology Structure
Lewins 3 Phases of planned change
Unfreezing -Create a felt need for change Changing -Implement Change Refreezing -Stabilize Change