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MGM Inovation - Essay Example

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The activities included quote discussions. The activities included group discussions. The group learned several management innovation concepts.
Day 5: The group scrutinized chapter of the required reference…
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MGM Inovation
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Download file to see previous pages The Linus Pauling quote “the best way to have good ideas is to have lots of ideas – and then throw away the bad ones” magnetized the attention of the group members.
In addition, the group was mesmerized by another quote. The quote shows that everyone should never doubt that any group of truly committed members can instill significant and meaningful changes in our complex world. The group focused the wonders of the internet’s role in the complex world. The historical discussion of the internet showed that the borders among the different nations of the world were removed. The group accepted the fact that the mediocre person cannot live without accessing the internet. Initially seen as a ridiculous idea, the internet tinkering blossomed into its current metamorphosed necessity status, one of the greatest events of global history. Bettina Stamm (Stamm 1) insists that management innovation fuels success and profits, specifically product and process innovation. Creativity and implementation are the two necessary components of management innovation. Further, the group members focused on the topic How to wisely use my time? Consequently, the 11 step process was crafted. The process started with the first step, organize you. The process included other procedures like planning activities, avoiding distractions, being prepared for unexpected situations, and letting others help you. The other procedures included setting timers, learning from your mistakes and trying to follow a daily routine. In terms of results, the researcher visited a local sushi place. The sushi place only had a handful of clients. Literally the researcher saw only one customer in the place. The customer was taking his time enjoying his sushi meal. The customer only conversed when he ordered a drink and when he paid the check. The researcher opines that the customer regularly patronizes the sushi place. Next, the ...Download file to see next pagesRead More
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