Published on July 7, 2014
Innovation management: Innovation management INN 331 Ze Fang n6521517 Innovation management: Innovation management Definition Importance Issues Statement Definition: Definition “A management innovation can be defined as a marked departure from traditional management principles, processes, and practices or a departure from customary organizational forms that significantly alters the way the work of management is performed. “ (Hamel, 2006) Source of innovation: Source of innovation Four opportunities within IT industry Unexpected occurrences Incongruities Process needs Industry and market changes Source of innovation: Source of innovation Three outside opportunities demographic changes changes in perception new knowledge Why innovation management is Important for IT industry?: Why innovation management is Important for IT industry? Covers : setting directions, making decisions, coordinating activities and motivating people . I ncreases the productivity and competiveness of firms E nables economic growth. Issues : Issues Employees tend to resent innovation worried about losing jobs Employees lack of contribution on innovation Can’t think about or share new ideas Statement: Statement “ How Managers of Information Professionals Maintain Staff Motivation and Engagement during Organization al innovations” Conclusion: Conclusion References : References Hamel, G. (2006). The why, what and how of management innovation . Harvard Business Review, vol. 84, February, iss.2, pp.72-84 . Bordia , P., Hobman , E., Jones, E., Gallois , C., & Callan , V. J. (2004). Uncertainty during organizational change: Types, consequences, and management strategies. Journal of Business and Psychology, 18 (4), 507-532 . Chen, L. M.,& Chen, J. K. (2010). Relationships among organizational innovation, learning and knowledge management in the information technology industry . Journal of business management, 4 (14), 3191-3200. Volberda , W. H., Van den bosch , A. J. F., & Heij , V. C.(2013). Management innovation: management as fertile ground for innovation. European management review , vol. 10. pp. 1-15. Mahadevan , B. (2010). Operations Management: Theory and Practice. New York: Pearson.