Chapter 2 Types of Innovation LEARNING OBJECTIVES When you have completed this chapter you will be able to: • Distinguish the different forms that innovation can take‚ such as product‚ process and service innovation • Differentiate and distinguish between the different types of innovation‚ such as radical and incremental innovation • • Describe each type of innovation Analyse different types of innovation in terms of their impact on human behaviour‚ business activity and society
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MANAGEMENT OF INNOVATION? INVENTION R&D PRODUCTS TECHNOLOGY DIFFICULT IN CERTAIN COUNTRIES LUCK!! VALUABLE IN JUST A FEW INDUSTRIES EXPENSIVE WHAT IS INNOVATION “It is the means by which the entrepreneurial activity either creates new wealth-producing resources or endows existing resources with enhanced potential for creating wealth” Peter Drucker (HBR‚ 1985) TYPES OF INNOVATION Radical Incremental TYPES OF INNOVATION Product Service Process
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ver BAT Social Report www.bat.com 4/7/02 2:13 pm Page 2 BRITISH AMERICAN TOBACCO SOCIAL REPORT 2001/2002 01 BAT Social Report 4/7/02 1:51 pm Page 1 CONTENTS 1 INTRODUCTION 1.1 Foreword Martin Broughton‚ Chairman‚ British American Tobacco p.l.c. Paul Adams‚ Managing Director‚ British American Tobacco p.l.c. British American Tobacco at a glance Our approach to social reporting Stakeholder dialogue Seeking best practice: independent standards‚ verification
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| 1. Sustainability 1.1. What is Sustainability? 1.1.1. Growth and Consumption 1.1.2. Social Justice 1.1.3. Environmental and Social Quality 1.1.4. Ethical Frameworks 1.2. Sustainability and Organisational Behaviour 1.2.1. Human Resource Management 1.2.2. Corporate Social Responsibility 1.3. Impact of Sustainability on Motivation 1.3.1. Maslow Hierarchy’s of Needs 1.3.2. Expectancy Theory 2. Sustainability in McDonald’s
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The importance of innovation Corporations must be able to adapt and evolve if they wish to survive. Businesses operate with the knowledge that their competitors will inevitably come to the market with a product that changes the basis of competition. The ability to change and adapt is essential to survival. Today‚ the idea of innovation is widely accepted. It has become part of our culture – so much so that it verges on becoming a cliché. For example‚ in 1994 and 1995‚ 275 books published
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problems lie in social and economic systems that are unsustainable awareness of the need for environmental and social sustainability has grown among citizens‚ governments and finally‚ mainstream businesses. Recently‚ that awareness appears to have reached a tipping point‚ which finally stimulated businesses and consumers to be more sustainable. What is sustainability? Sustainability is the ability of a system no maintains or renews itself perpetually. For example with nature‚ people and animals renew
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Executive summary: Sustainability reporting‚ alternatively known as CSR reporting‚ is the annual process whereby companies - public‚ private; large and small - report on their sustainability performance. Reports typically cover social‚ environmental‚ economic and ethical performance and incorporate information on a company ’s environmental impact or carbon footprint‚ staff satisfaction‚ community investment etc. Sustainability reporting is becoming increasingly important as a tool companies can
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Sustainability Consulting – Key Trends 2012 By David Sherry By David Sherry Tables of Contents Sustainability Consultancy Pg 2 The Wave of Green IT Pg 3 Shareholder Activism Pg 4 Supply Chain Transparency Pg 6 Employee Engagement Pg 8 Water risks becoming a new reality Pg 10 What is next? Pg 11 Bibliography Pg 13 Sustainability Consulting “There is sufficiency in the world for man’s need but not for man’s greed” Mohanda K Gandhi M anagement consultants occupy
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Angela Taylor English 111 January 28th‚ 2013 Now and Then Today’s society depends upon fighting for you and you alone. Not caring about other people’s wants‚ needs or what they deserve. Although there once was a time when it was not always like this; the fact of life came into play as it always does. People change. Our society has changed drastically over the past fifty years. We have become an information society. In today’s world we rely on our televisions‚ cell phones‚ radios‚ and computers
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SUSTAINABILITY- INTRODUCTION Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability moves to the forefront of our corporate culture and global governments attempting to integrate decision making economic‚ environmental and social production. Sustainability is viewing the way our actions affect future generations and ensure that without depleting resources or cause pollution at a rate
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