StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business management (innovating ) - Essay Example

Cite this document
Summary
Technological innovations are carried out using various factors including manpower, agencies and organizations working together to complete a certain project. This interrelationship creates a so-called actor network that performs particular innovative actions that point toward…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
Business management (innovating )
Read Text Preview

Extract of sample "Business management (innovating )"

Download file to see previous pages

Some of these concepts include agency or power, obligatory point of passage, actors, and the actor network theory among others. This paper shall delve in the significance of these concepts if applied to the case of the life and death of an aircraft, the masses analyses, and the Callon scallops paper. In this chapter, authors Law & Callon (1992) explore the consequences associated with the technical changes that happen during the duration of completing a technological innovation. They believe that even by starting technological innovation in a particular industry let alone an aircraft industry, changes can happen at some point during this duration.

For instance, a technological project may require hundreds of thousands of ideas, thousands of workers, millions or even billions of money, highly intellectual specialists on sciences, engineering, and business, and, of course, the materials needed in the operation such as machines, designs, parts, etc. (Law & Callon 1992). The socio-technical context of technical change suggests the importance of having a global network, which harmoniously organizes everything in a sense that as consequences for every individual actor may become too significant to affect the overall outcome of the technological project, adjustments can be made accordingly.

This network of actors makes the operation more manageable and easy to understand; it generates more time, space, and a set of resources in which innovation may take place (Law & Callon 1992). The strength of the global network depends on how strong its external connections, internal mobilization and obligatory point of passage are. For example, in building an aircraft, local network may have to come up with a design and develop production facilities; global network may serve as the securer of operations funding.

In other words, the global network that is being talked about and employed in this context of the paper means

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business management (innovating ) Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business management (innovating ) Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1638212-business-management-innovating
(Business Management (innovating ) Essay Example | Topics and Well Written Essays - 1000 Words)
Business Management (innovating ) Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1638212-business-management-innovating.
“Business Management (innovating ) Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1638212-business-management-innovating.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business management (innovating )

The Management of Innovation

Hence a company participating in the IT industry requires innovating not only to meet these new knowledge needs but also to be able to develop and sustain itself in the industry against the competition.... The management of Innovation XXXXXXXX Student Number: XXXXXXXX University of XXXXXXXXX Subject: XXXXXXXX Subject Code: XXXXXXXX XXXXXXXX XX – XX – 2011 Table of Contents Table of Contents 1 Introduction: 2 Microsoft 5 Google 6 Microsoft 8 Google 8 Human Resources 10 Microsoft 11 Google 11 Bibliography 13 Introduction: In the ever changing market environment innovation is one of the most important elements for every business in all industries....
11 Pages (2750 words) Essay

Management Innovation and New Technology

The issue was not meeting with the customer's need and innovating, what might be better but not the requirement.... management Innovation and new technology [Section Number] management Innovation and new technology Introduction The term ‘Product Innovation' has been used widely, especially in the industrial sector and has been into several discussions in the last few decades.... Many economists believe that with the increasing business competition, managers and executives often overestimate the need of their consumers....
4 Pages (1000 words) Essay

The Innovators Solution: Creating and Sustaining Successful Growth

SMEs are better at innovating than larger organisations BY YOU YOUR SCHOOL INFO HERE DATE HERE Introduction Many business practitioners and organisational stakeholders consider innovation to be tightly related to the product, representing a radical new technological innovation or unique product that completely disrupts an established market.... ) reinforces that innovation is “the successful exploitation of new ideas”, meaning that specific business processes or management ideology can be representative of legitimate innovation which radically or incrementally change the methodology by which a business improves itself....
13 Pages (3250 words) Essay

Building and Managing Capability for Marketing Innovation

One of the golden rules of management is to change proactively when the times are good, not after the crisis has erupted.... hellip; From this research, it is clear that business model innovation demands the systematic building up of organizational capabilities.... This research will begin with the statement that business model innovation is becoming increasingly important in a world where competitors can easily imitate strategies.... business model innovation represents a higher order of innovation compared to product or process innovation....
12 Pages (3000 words) Essay

Strategy Management - Innovation, Business Strategies

The paper "Strategy management - Innovation, Business Strategies" highlights that rational planning if linked with a tight mechanism of control and systems, the result will be inflexible, hierarchical organization with a resultant stifling with ideas and damping of innovative capacity.... The unexpected success is an affront to the management's judgment.... Top management must keep goals broad and tolerate ambiguity.... management must judge the company's total innovative performance against its innovation objectives....
7 Pages (1750 words) Assignment

MANAGEMENT INNOVATION

Coming to new products, it needs to use product promotion… There are no doubts that innovative thinking and progressive management thoughts and actions have been the mainstay of Nokia's business journey so far, aided by committed and dependable Market opportunities need to be seized with alacrity and new territories explored with professional ease and objectivity.... During the early years, Nokia's main business was paper and pulp, which gained a reasonable degree of success because of the demand for this kind of paper in Europe, post the industrial revolution....
17 Pages (4250 words) Essay

Innovation and Technology Management

Incremental innovation refers to measures taken by company to reduce the cost of the products or innovating the goods and services offered to the consumers.... hellip; The necessity for a company to innovate is increasing with the increase in the level of competition present in a business.... Since the past few decades it can be Innovation done in a cost effective manner can lead to greater competitive advantage for business.... Marketing innovation refers to the innovation in the research, strategy, communication, analysis and operations of a business (Amores-Salvadó, Castro and Navas-López, 2014, pp....
12 Pages (3000 words) Essay

Management of Technology and Innovation In Business

The paper "management of Technology and Innovation In Business" highlights that the virtual business model should contain these characteristics of an emerging model that aims to achieve the high-level results, performance, and customer satisfaction and increase loyalty for business growth.... For instance, in the management consulting industry several firms have incepted several measures to guarantee their success in the future through innovation and development of newer models of technology....
7 Pages (1750 words) Coursework
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.
Contact Us