Innovation & Change - Essay Example

Comments (0) Cite this document
Summary
Many people misinterpret innovations and discoveries as same things. The word “discovery” is associated with the things which already existed in the world…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.5% of users find it useful
Innovation & Change
Read TextPreview

Extract of sample "Innovation & Change"

Download file to see previous pages On the other hand, it is wrong to say that Wright brothers discovered aeroplane or Charles Babbage discovered computer. These things were not existed in the world earlier and these scientists were able to make entirely new things with the help of existing resources. An invention is a private property till the inventor decides to make it public. Since innovation is an entirely new thing, it may bring change. For example, when computer was innovated, it brought revolutionary changes in the human life. This paper briefly analyses the importance of innovation and subsequent changes in the human life.
“Any time you change the world, you create risks” (FREUDENHEIM). As mentioned earlier, innovation often results in huge changes in the world which may change the activities of the natural world. For example, the introduction of automobiles brought many revolutionary changes in the world. Many people considered the invention of automobiles as one of the greatest innovations of all time; however, currently we are aware of the environmental problems caused by the automobiles. In other words, even though innovations often change the human life it is not necessary that these changes may affect the human life positively alone.
The Industrial Revolution is a story of great inventions. In fact it is difficult for the business or industrial people to stay in the market with conventional products alone. Innovations change the human life drastically and the business people should adapt themselves to these changes in order to stay in the market. For example when Apple, introduced the innovative touch screen mobile phone (iphone) in to the market, Nokia and other competitors also started to introduce similar products in the market. This is because of the fact that iphone has changed the traditional concepts about mobile phones among the consumers.
“Radical innovation is crucial ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Innovation & Change Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1574781-innovation-change
(Innovation & Change Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/miscellaneous/1574781-innovation-change.
“Innovation & Change Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1574781-innovation-change.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Innovation & Change

Organization change and innovation

...?Running Head: Organizational Change and Innovation Organizational Change and Innovation [Institute’s Organizational Change andInnovation Innovation research presents a chance to deal with a large amount of essential hypothetical concerns. Research on organizational innovation creates new perceptions on a number of concerns that have surfaced lately, together with the issues of communal development as well as institutional change, the “dynamics of knowledge societies” (Poole, 2000, p. 101), and the combination of macro as well as micro levels of study. Further than sociology, organizational...
20 Pages(5000 words)Essay

Innovation and change

...? Innovation and Change Innovation and Change Unlike product innovation, the concept of service innovationis normally an intricate matter that presents businesspeople with myriad challenges in its development. In the context of service innovation, customers are normally seen to demand better services in life. However, the major challenge arises out of the fact that these consumers cannot specifically define the kind of service they expect to receive. It is often realized that people seek to achieve much satisfaction without a clear sense of knowledge on such satisfaction. It therefore creates a challenge for businesspeople to seek ways...
3 Pages(750 words)Essay

Innovation and Change

...? Literature Review: Innovation and Change Innovation is necessary for modern organizations to survive in the heavily competitive and globalized business world. Innovation provides market leadership to organizations. It is difficult for followers to survive in the ever changing international markets. Globalization was instrumental in stimulating innovative products, services and business strategies in the corporate world. Traditional products or business strategies may not help an organization to survive in the competitive business world. Innovations can have the ability to cause huge changes in an...
16 Pages(4000 words)Research Paper

Innovation & Change

...sources are much influential than internal ones in change initiation. These external forces can be political, economic, social and technological. Talking about change specifically from the perspective of healthcare organizations, Harris (2005, p. 68-71) stated that government and other policy making authorities affect healthcare practices in a country; country’s GDP and government budget for health impacts cost of health; people’s perception and general culture of a country affects healthcare provision; and changes in ‘global technological and information innovation’ affect ‘clinical diagnosis and intervention, as well as management and communication strategies’...
16 Pages(4000 words)Essay

Innovation and Change

...? Innovation and Change Introduction In the last few decades the global map of this earth has completely reformed. Technology which was a fantasy before World War II has now become a gigantic reality; nobody knew that science would become a part of the daily lives of every single human being. But the biggest question is how does change comes into this massive world. The answer to this is “innovation”. Changeability and innovation are interrelated as one confirms the possibility of the other. Innovation is the process of introduction of new possibilities in the current one. However it depends upon various factors including willingness to...
6 Pages(1500 words)Assignment

Innovation, Change and Motivation at Nucor Corporation

...? Innovation, Change and Motivation at Nucor Corporation Number Question The organizational culture of Nucor Corporation is a devolved management system where rewards are based on performance. The organization attempts to achieve wage parity, embrace technology leadership, and foster effective customer care. Apart from these cultural values, none of the company’s employees is unionized. Nucor does not approve of unions, as it believes the culture is counterproductive, especially where building of a strong workforce whose objective is to serve the steel company’s interests is concerned. Nonetheless, the employees remain committed to quality of service and lay-offs are minimal. (a) Devolved Management...
6 Pages(1500 words)Essay

BUSINESS RISK, INNOVATION & CHANGE : Introducing Expert Systems at a Corporation

...? Business Risk, Innovation & Change: Introducing Expert Systems at a Corporation and The Expert System (ES) technology has shifted from the previous research laboratory to application in the workplace as can be seen from intense implementation and positive trend in ES utilization. ES is used in work environment and as such, the end user must be prepared to face implementation challenges of the new technology. Bailey Charles (1992) recognizes the ES system as one that assists end users in making diagnosis, scheduling, designing and planning processes and activities. Nevertheless, to take advantage of the benefits and avoid the prevalent pitfalls, the end user is required to understand managerial impacts...
4 Pages(1000 words)Case Study

Empowerment and innovation change in workplace

...to that concerned organization. How is sufficient support too important? The atmosphere in an organization must be supportive in nature to implement the empowerment programs successfully. All ventures proposing by the organization must get have got both moral and social support from the whole staff of the organization. If the support is unanimous and irrespective of the classification made among the staff, then such support will be highly beneficial for the positive implementation of the empowerment program. If the changes are bringing for the innovation of an organization such transformations will all sorts of support from the staff of the organization as a whole. The rating of the social support to...
10 Pages(2500 words)Essay

Leadership, Innovation & Change

...a new section of the site called Facebook stories. This section details how the social network has been used for social good and for innovative purposes such as finding log lost family. Mark Zuckenberg set out to create a better world but realized that he would have to stay in charge, demonstrate leadership and have a long-term focus (Kairoer, 2012). This was based on the realization that investors and shareholders have a short-term focus and because of this they are unable to sustain long-term profitability. Mistakes can happen but the right leader such as Mark Zuckenberg works towards creating lasting change in a sustainable company. References Bercovici, J., 2012. Facebooks Mark Zuckenberg Zuckerberg:...
3 Pages(750 words)Essay

Innovation & Change

...Innovation and Change Introduction The of innovation is an essential factor in the progress that can be made in various companies and organizations and thus cannot be ignored when dealing with the growth of a business. The various implementations that are applied to achieve a particular objective can be seen as types of innovation and this brings out the relationship between change and the element of innovation when striving to bring about positive changes to a company. When looking at innovation from what can be termed as an organizational aspect, it can be seen as the differences that bring about a...
5 Pages(1250 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Innovation & Change for FREE!

Contact Us