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Managing Process Innovation Through Exploitation And Exploration
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Book Synopsis Managing Process Innovation through Exploitation and Exploration by : Tor Tønnessen
Download or read book Managing Process Innovation through Exploitation and Exploration written by Tor Tønnessen and published by Springer Science & Business Media. This book was released on 2013-12-04 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to stay efficient, companies need to improve their existing business processes on a continuous basis. To ensure competitive edge, it is essential for companies to adapt radically to new business opportunities and when external demands change. However, experience and research show that companies have difficulties managing both the continuous improvement of the existing system and radical change at the same time. By using TQM and BPR to represent the two approaches to change Tor Tønnessen contributes to the understanding of the challenges of this integration and shows ways to accomplish a successful synergistic combining of the two approaches.
Book Synopsis Exploration and Exploitation in Product and Process Innovation in the Chemical Industry by : Manuel Bauer
Download or read book Exploration and Exploitation in Product and Process Innovation in the Chemical Industry written by Manuel Bauer and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving a well-balanced innovation portfolio is an often advocated goal for R&D managers, but guidelines how to achieve this are scarce in the innovation and management literature. In this study, we investigate the effects that balancing R&D budget allocation between exploratory and exploitative innovation activities has on new product performance. Furthermore, we distinguish between product and process exploratory and exploitative innovation activities offering a new and highly relevant contingency perspective on the requirement to balance exploratory and exploitative innovation activities within a portfolio. In doing so, we integrate these two important dimensions of innovative activity in a framework that can help senior managers to decide how to allocate scarce R&D resources within an innovation portfolio to maximize returns. Based on a unique data set of objective, internal financial accounting data from strategic business units in the chemical industry, we found not only that new product performance is enhanced through the simultaneous pursuit of exploratory and exploitative innovation activities (i.e., they are complementary) which holds true for product and process innovation alike. But we are also able to show that in process innovation, exploration requires more funding to achieve maximal performance when compared to product innovation. An imbalance of exploration and exploitation has less severe consequences than in product innovation efforts. Our study design that is based on firm-internal R&D budget data allows R&D managers to directly compare their budget allocation practice with our findings that are derived from a wide range of business units in one of the main process industries. Furthermore, our results have important implications for the practice of R&D budget allocation, since they highlight how product and process innovation efforts differ with respect to their impact of the exploration-exploitation balance on new product performance relationship.
Book Synopsis The Productivity Dilemma by : William J. Abernathy
Download or read book The Productivity Dilemma written by William J. Abernathy and published by . This book was released on 1978 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the fundamental dilemma between productivity and Innovation in the motor vehicle industry in the USA - following a historical account of the evolution of automobile design, shows how obstacles set by competitiveness, automation, etc. Shaped the course of technological change, and includes case studies with their respective chronology of events. Bibliography pp. 251 to 258, diagrams, graphs, photographs, references and statistical tables.
Book Synopsis Balancing Exploitation and Exploration by : Patrick Schulze
Download or read book Balancing Exploitation and Exploration written by Patrick Schulze and published by Springer. This book was released on 2009-11-09 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Patrick Schulze investigates the performance effects and organizational antecedents of innovation strategies and, in particular, ambidexterity.
Book Synopsis Business Process Management Cases by : Jan vom Brocke
Download or read book Business Process Management Cases written by Jan vom Brocke and published by Springer. This book was released on 2017-08-10 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to present a rich selection of over 30 real-world cases of how leading organizations conduct Business Process Management (BPM). The cases stem from a diverse set of industry sectors and countries on different continents, reporting on best practices and lessons learned. The book showcases how BPM can contribute to both exploitation and exploration in a digital world. All cases are presented using a uniform structure in order to provide valuable insights and essential guidance for students and practitioners.
Book Synopsis Local Search vs. Exploration in Innovation Processes by : Philipp Klösel
Download or read book Local Search vs. Exploration in Innovation Processes written by Philipp Klösel and published by GRIN Verlag. This book was released on 2009-09-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, Free University of Berlin (Fachbereich Wirtschaftswissenschaften ), course: Seminar Innovative Organization, language: English, abstract: Internationalization, shorter product life cycles and increasing complexity have lead to a situation in today’s world where organizations around the globe, on every level of the innovation process and in every industry, face increasing competition. Especially affected by these characteristics are high-tech industries, which are often characterized through a high rate of product novelties, cutting edge technology and rapidly changing industry standards. Examples for hightechnology industries that have been used in academic journal articles and that have been subject to empirical research are the robotic industry, the semiconductor industry and the optical disc industry. Especially in those industries organizations rely on constant and ongoing innovation to create and sustain competitive advantages and, therefore, to stay in business. Those innovative companies that constantly innovate and that are characterized through a high level of entrepreneurship can also be illustrated as “knowledge-creating companies” or “learning organization”. But what makes them so innovative? How do they choose an innovation style? How is innovation managed? My point in this paper will be that innovation management should be able to answerer the following three questions: “How?” Which innovation style is used “When?” On which level of the innovation process is a style used “Why?” Reason for the innovation style used on that level These questions seem to be most important since Fagerberg states in the introduction of the Oxford Handbook of Innovation: “In spite of the large amount of research in this area during the past fifty years, we know much less about why and how innovation occurs than what it leads to.” Additionally, the question of “when?” is added to conceptualize the innovation process into dependent innovation process levels that follow each other in a distinct order. To answerer these questions I will start with a general description of what innovation is, what exploration and exploitation are, I will describe the general setting in which organizations have to operate and what defines an innovative organization.
Book Synopsis Business Process Transformation by : Varun Grover
Download or read book Business Process Transformation written by Varun Grover and published by Routledge. This book was released on 2015-05-11 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring contributions from prominent thinkers and researchers, this volume in the "Advances in Management Information Systems" series provides a rich set of conceptual, empirical, and introspective studies that epitomize fundamental knowledge in the area of Business Process Transformation. Processes are interpreted broadly to include operational and managerial processes within and between organizations, as well as those involved in knowledge generation. Transformation includes radical and incremental change, its conduct, management, and outcome. The editors and contributing authors pay close attention to the role of IS organizations and information technologies in facilitating business process transformation. Each chapter places major emphasis on clearly articulating the "knowledge" generated, both theoretical and applied. The book incorporates case studies and tables throughout, and provides fundamental grounding for any stakeholder of business process transformation.
Book Synopsis Management System for Strategic Innovation by : Mitsuru Kodama
Download or read book Management System for Strategic Innovation written by Mitsuru Kodama and published by Taylor & Francis. This book was released on 2023-08-04 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic innovation dynamically brings about strategic positioning through new products, services and business models, and is a dynamic view of strategy that enables a corporation to maintain its competitive advantage and establish sustainable growth. For these reasons, corporations have to be innovators that can reinforce their existing positions through incremental innovation, while at the same time constantly renewing or destroying existing business through radical innovation. This book presents a holistic theoretical model, The Strategic Innovation System, as a system of capabilities for companies to achieve strategic innovation. As a subsystem of the Strategic Innovation System, this book presents the concept of the “Capabilities Building Map”, which has characteristics of four different capabilities that correspond to the elements of speed of changes and uncertainty in the environment faced by companies. It explores how companies can change and even evolve their capabilities to achieve strategic innovation, using the latest findings of the systems-view, the process-view, and dynamic capabilities-view. The author evaluates management systems that achieve sustainable strategic innovation by utilizing knowledge assets inside and outside of organizations, including those of leaders, rather than simply relying on leaders with strong will. This book will primarily appeal to academics, researchers, and graduate students interested in innovation and technology management, digital transformation as well as strategic management and strategy planning and a broader business audience.
Book Synopsis Knowledge Management and Innovation in Networks by : A. P. De Man
Download or read book Knowledge Management and Innovation in Networks written by A. P. De Man and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an ever-increasing amount of innovation takes place within networks, companies are collaborating in developing and marketing new products, services and practices. This in turn requires knowledge to flow across company boundaries. This book demonstrates how companies encourage this knowledge to flow in networks that can involve dozens of partners. Substantiated by five in-depth case studies of innovative networks, the authors identify and analyse the solutions implemented by companies in order to meet the key knowledge management challenges they encounter. Theoretical and management implications of the study are then defined. Connecting the organization theory of networks with knowledge management theory, this book will be of great interest to academics and students in business administration, especially in the areas of organization, strategy, supply chains and knowledge management.
Book Synopsis Knowledge Management for Process, Organizational and Marketing Innovation: Tools and Methods by : O'Brien, Emma
Download or read book Knowledge Management for Process, Organizational and Marketing Innovation: Tools and Methods written by O'Brien, Emma and published by IGI Global. This book was released on 2010-09-30 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book outlines different tools and technologies that can be applied depending on the type of innovation an organization desires, providing concrete advice on the different types of innovation, situations in which innovation may be useful and the role of knowledge and different tools and technologies to support it"--Provided by publisher.
Book Synopsis Business Process Reengineering by : Heru Susanto
Download or read book Business Process Reengineering written by Heru Susanto and published by CRC Press. This book was released on 2019-03-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume shows how ICT (information and communications technology) can play the role of a driver of business process reengineering (BPR). ICT can aid in enabling improvement in BPR activity cycles as it provides many components that enhance performance that can lead to competitive advantages. IT can interface with BPR to improve business processes in terms of communication, inventory management, data management, management information systems, customer relationship management, computer-aided design, computer-aided manufacturing (CAM), and computer-aided engineering. This volume explores these issues in depth.
Book Synopsis Local Search Vs. Exploration in Innovation Processes by : Philipp Klösel
Download or read book Local Search Vs. Exploration in Innovation Processes written by Philipp Klösel and published by GRIN Verlag. This book was released on 2009-09 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, Free University of Berlin (Fachbereich Wirtschaftswissenschaften ), course: Seminar Innovative Organization, language: English, abstract: Internationalization, shorter product life cycles and increasing complexity have lead to a situation in today's world where organizations around the globe, on every level of the innovation process and in every industry, face increasing competition. Especially affected by these characteristics are high-tech industries, which are often characterized through a high rate of product novelties, cutting edge technology and rapidly changing industry standards. Examples for hightechnology industries that have been used in academic journal articles and that have been subject to empirical research are the robotic industry, the semiconductor industry and the optical disc industry. Especially in those industries organizations rely on constant and ongoing innovation to create and sustain competitive advantages and, therefore, to stay in business. Those innovative companies that constantly innovate and that are characterized through a high level of entrepreneurship can also be illustrated as "knowledge-creating companies" or "learning organization". But what makes them so innovative? How do they choose an innovation style? How is innovation managed? My point in this paper will be that innovation management should be able to answerer the following three questions: "How?" Which innovation style is used "When?" On which level of the innovation process is a style used "Why?" Reason for the innovation style used on that level These questions seem to be most important since Fagerberg states in the introduction of the Oxford Handbook of Innovation: "In spite of the large amount of research in this area during the past fifty years, we know much less about why and how innovation occurs than what it leads to." Additionally, the q
Book Synopsis Challenging the Exploration and Exploitation Dichotomy by : Qijun Zhou
Download or read book Challenging the Exploration and Exploitation Dichotomy written by Qijun Zhou and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Business Process Management Workshops by : Jochen De Weerdt
Download or read book Business Process Management Workshops written by Jochen De Weerdt and published by Springer Nature. This book was released on 2024-02-11 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes revised papers from the International Workshops held at the 21st International Conference on Business Process Management, BPM 2023, in Utrecht, The Netherlands, during September 2023. Papers from the following workshops are included:• 7th International Workshop on Artificial Intelligence for Business Process Management (AI4BPM 2023)• 7th International Workshop on Business Processes Meet Internet-of-Things (BP-Meet-IoT 2023)• 19th International Workshop on Business Process Intelligence (BPI 2023)• 16th International Workshop on Social and Human Aspects of Business Process Management (BPMS2 2023)• 2nd International Workshop on Data-Driven Business Process Optimization (BPO 2023)• 11th International Workshop on Declarative, Decision and Hybrid Approaches to Processes (DEC2H 2023)• 1st International Workshop on Digital Twins for Business Processes (DT4BP 2023)• 1st International Workshop on Formal Methods for Business Process Management (FM-BPM 2023) • 2nd International Workshop on Natural Language Processing for Business Process Management (NLP4BPM 2023)• 1st International Workshop on Object-Centric Processes from A to Z (OBJECTS 2023)• 3rd International Workshop on Change, Drift, and Dynamics of Organizational Processes (ProDy 2023) Each of the workshops focused on particular aspects of business process management. Overall, after a thorough review process, 42 full papers were selected from a total of 86 submissions.
Author :Alvaro Rosa Publisher :Academic Conferences and publishing limited ISBN 13 :1914587804 Total Pages :834 pages Book Rating :4.9/5 (145 download)
Book Synopsis ECKM 2023 24th European Conference on Knowledge Management Vol 2 by : Alvaro Rosa
Download or read book ECKM 2023 24th European Conference on Knowledge Management Vol 2 written by Alvaro Rosa and published by Academic Conferences and publishing limited. This book was released on 2023-09-07 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt: These proceedings represent the work of contributors to the 24th European Conference on Knowledge Management (ECKM 2023), hosted by Iscte – Instituto Universitário de Lisboa, Portugal on 7-8 September 2023. The Conference Chair is Prof Florinda Matos, and the Programme Chair is Prof Álvaro Rosa, both from Iscte Business School, Iscte – Instituto Universitário de Lisboa, Portugal. ECKM is now a well-established event on the academic research calendar and now in its 24th year the key aim remains the opportunity for participants to share ideas and meet the people who hold them. The scope of papers will ensure an interesting two days. The subjects covered illustrate the wide range of topics that fall into this important and ever-growing area of research. The opening keynote presentation is given by Professor Leif Edvinsson, on the topic of Intellectual Capital as a Missed Value. The second day of the conference will open with an address by Professor Noboru Konno from Tama Graduate School and Keio University, Japan who will talk about Society 5.0, Knowledge and Conceptual Capability, and Professor Jay Liebowitz, who will talk about Digital Transformation for the University of the Future. With an initial submission of 350 abstracts, after the double blind, peer review process there are 184 Academic research papers, 11 PhD research papers, 1 Masters Research paper, 4 Non-Academic papers and 11 work-in-progress papers published in these Conference Proceedings. These papers represent research from Australia, Austria, Brazil, Bulgaria, Canada, Chile, China, Colombia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, India, Iran, Iraq, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kuwait, Latvia, Lithuania, Malaysia, México, Morocco, Netherlands, Norway, Palestine, Peru, Philippines, Poland, Portugal, Romania, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Tunisia, UK, United Arab Emirates and the USA.
Book Synopsis Lead and Disrupt by : Charles A. O’Reilly III
Download or read book Lead and Disrupt written by Charles A. O’Reilly III and published by Stanford University Press. This book was released on 2016-03-30 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past few years, a number of well-known firms have failed; think of Blockbuster, Kodak, or RadioShack. When we read about their demise, it often seems inevitable—a natural part of "creative destruction." But closer examination reveals a disturbing truth: Companies large and small are shuttering more quickly than ever. What does it take to buck this trend? The simple answer is: ambidexterity. Firms must remain competitive in their core markets, while also winning in new domains. Innovation guru Clayton M. Christensen has been pessimistic about whether established companies can prevail in the face of disruption, but Charles A. O'Reilly III and Michael L. Tushman know they can! The authors explain how shrewd organizations have used an ambidextrous approach to solve their own innovator's dilemma. They contrast these luminaries with companies which—often trapped by their own successes—have been unable to adapt and grow. Drawing on a vast research program and over a decade of helping companies to innovate, the authors present a set of practices to guide firms as they adopt ambidexterity. Top-down and bottom-up leaders are key to this process—a fact too often overlooked in the heated debate about innovation. But not in this case. Readers will come away with a new understanding of how to improve their existing businesses through efficiency, control, and incremental change, while also seizing new markets where flexibility, autonomy, and experimentation rule the day.
Book Synopsis Advances in Production Management Systems. The Path to Intelligent, Collaborative and Sustainable Manufacturing by : Hermann Lödding
Download or read book Advances in Production Management Systems. The Path to Intelligent, Collaborative and Sustainable Manufacturing written by Hermann Lödding and published by Springer. This book was released on 2017-08-28 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two-volume set IFIP AICT 513 and 514 constitutes the refereed proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2017, held in Hamburg, Germany, in September 2017. The 121 revised full papers presented were carefully reviewed and selected from 163 submissions. They are organized in the following topical sections: smart manufacturing system characterization; product and asset life cycle management in smart factories of industry 4.0; cyber-physical (IIoT) technology deployments in smart manufacturing systems; multi-disciplinary collaboration in the development of smart product-service solutions; sustainable human integration in cyber-physical systems: the operator 4.0; intelligent diagnostics and maintenance solutions; operations planning, scheduling and control; supply chain design; production management in food supply chains; factory planning; industrial and other services; operations management in engineer-to-order manufacturing; gamification of complex systems design development; lean and green manufacturing; and eco-efficiency in manufacturing operations.
