Management-Chapter 11 Flashcards
Organizational Change
Defined as the adoption of a new idea or behavior by and organization.
Disruptive Innovation
Refers to innovations in products, services or processes that radically change.
Ambidextrous Approach
Means incorporating structures and processes that are appropriate for both the creative impulse and the systematic implementation of innovations.
Product Change
A change in the organization’s products or services, such as the Apple iPad.
Technology Change
Refers to a change in production processes- how the organization does its work.
Creativity
The generation of novel ideas that may meet perceived needs or respond to opportunities for the organization.
Idea Incubator
An organizational program that provides a safe harbor where employees can generate and develop ideas without interference from company bureaucracy or politics.
Horizontal Linkage Model
Several departments, such as marketing, research and manufacturing, work closely together to develop new products.
Fast-Cycle Team
A multifunctional team that is empowered with autonomy and high levels of resources on speed and important new product or service to market.
Open Innovation
Some company extend the search for innovative ideas beyond the boundaries of the organization.
Idea Champion
A person who sees the need for change and s passionately committed to making it happen.
New-Venture Team
One structural mechanism that promotes entrepreneurship is the new-venture team, which is a unit separate from the mainstream organization that is responsible for initiating and developing innovations.
Skunkworks
A separate informal, highly autonomous, and often secretive group that focus on breakthrough ideas.
New-Venture Fund
Provides financial resources from which individuals or teams can draw to develop new ideas, products or businesses.
Unfreezing
The stage in which people are made aware of problems and the need for change.
