Innovation Management – IBM Opens Lid On Its Treasure ChestLearn Management Articles on management-info.biz. Innovation Management – IBM Opens Lid On Its Treasure Chest article will help answer your questions on Management Articles.We at management-info.biz specialize in Management Articles. Management Articles at management-info.biz provides the most up to date news and articles. If you have questions please do not hesitate to contact us.
IBM, which registered 3248 patents last year, has decided that sharing technology can sometimes be more profitable than jealously guarding its property rights on patents, copyrights and trade secrets (Herald Tribune, April 11 2005). International Business Machines have come to the above conclusion 205 years after the invention of electric light – thus clearly illustrating that even the 19th largest company in the world (fortune.com) with a market capitalization on $141 billion (nasdaq.com) is still only learning about creativity and innovation. Of course the issue of control is important but a quick history lesson indicates that the above should not have taken so long! The first electric light was made in England by Davy, in 1860 Swan attempted to devise a long lasting light using carbon paper, in 1877 Brush lit up Cleveland Ohio and in 1879 Edison began work on a practical light bulb that would eventually glow for 1500 hours. Recently, Linux – open source software developed through collaboration on the Internet – has grown to the extent that it is closing in on Microsoft’s market share (news.com). The above two examples indicate a number of factors about creativity and innovation that IBM should have learned a long time ago, some of which include: a) Creativity (problem identification and idea generation) and innovation (idea selection, development and commercialisation) can take years and use huge resources – collaboration, networks and shared tacit knowledge rapidly reduce investment and rapidly increase speed to commercialisation. b) Radical changes result from incremental improvement. c) Radical shifts require the input of new knowledge. d) New knowledge and incremental improvements result from eliciting tacit knowledge from a broad knowledge base. e) New knowledge and incremental improvements result from eliciting ideas from a number of sources, a number of diverse sources and a number of novel sources – by utilising networks. f) New knowledge and incremental improvements result from eliciting ideas from a number of sources, a number of diverse sources and a number of novel sources – through collaboration. In conclusion, the probability of producing world changing innovation in-house is low. The knowledge pool is simply too shallow. And that can be said without considering motivation, group structures etc etc etc. This topic is covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com. You can also receive a regular, free newsletter by entering your email address at this site. Kal Bishop, MBA ********************************** You are free to reproduce this article as long as no changes are made and the author's name and site URL are retained. Restaurant Templates And Forms. - Restaurant management forms, restaurant software, business plan templates, marketing & promotions to help grow your profit. Page Zero - Enlightened Search Marketing. - Google AdWords and paid search campaign management consulting & eBooks. Actor and singer Manabu Oshio was sentenced to 2 1/2 years in prison by Tokyo District Court on Sep. 17 2010. The court judged Oshio giving a woman named Kaori Tanaka the synthetic drug MDMA, which caused Tanaka's death. Oshio was accused of failing to fulfill a responsibility as a guardian when she took a drug and got very sick. Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 |
More Articles:1. Accountability Equals Meeting Success By Kevin Eikenberry Leslie was the new manager of the group. She was replacing Tom, a well respected manager who was retiring. Once she arrived, she made it one of her first priorities to sit down with everyone on the team and get to know them.Beyond pleasantries though she wanted to get to know each individual, what they saw as their goals and objectives, and how they thought she could help them. As she started having these meetings some common themes came out – not about the individuals so much as about the … 2. 10 Ways To Work Through A Business Slowdown By Rachna D. Jain In running any kind of business, it's inevitable that sometimes business will slow down. This might occur due to an upcoming holiday, seasonal variations, or uncontrollable circumstances. As a small-business owner, you have a choice in terms of how you view the slowdown - it can either be a time of increased stress, frustration, worry - or you can view it as an opportunity to upgrade your business processes or improve the quality of your life.Here are ten strategies you can use to work through… 3. Balancing Your Business: Making Change Easy By Madeline Lewis “Perfect balance in a business exists only in the organizational chart. A living business is always in a state of imbalance, growing here and shrinking there, overdoing one thing and neglecting another.” (Peter F. Drucker)I believe the three major trends in organizational processes are: discontinuation of the old way of doing business (re-engineering); migration and starting a new way of doing business (organizational change).One of the most often sited reasons why many re-engineering project… 4. DIVERSITY is a BIG word -- With A HUGE Business IMPACT By Don Monteith Second thought! Just in case. YOU or someone you personally know may fit the following picture of success which may carry too much risk for comfort.You can sit back and simply enjoy the day. Let tomorrow take care of itself. Can't you just hear it? I've got my money "salted" away in a safe place. Getting great returns. No risk! Where? I'm invested in the dot.com firms of the future..... remember the bubble that burst?YOUR BUSINESSObviously, you get the point. There is little need to … |
||||
