1 page/≈275 words
Literature & Language
The Capacity to Innovate (Essay Sample)
*********** WRITER PETER ONLY *********** It is a debate. I wanna you to write some points to attack this topic the Capacity to Innovate. My position in this debate is (AGAINST) so I need some points and logical argument in order to argue with For group.And here more explaining about the Capacity to Innovate. The Capacity to Innovate Industry and market structures appear so solid that the people in an industry are likely to consider them foreordained, part of the order of nature, and certain to endure forever. A change in market or industry structure is a major opportunity for innovation. In industry structure, a change requires entrepreneurship from every member of the industry. It requires that each one ask anew: "What is our business?" And each of the members will have to give a different, but above all a new, answer to that question. Large, dominant producers and suppliers, having been successful and unchallenged for many years, tend to be arrogant. At first they dismiss the newcomer as insignificant and, indeed, amateurish. But even when the newcomer takes a larger and larger share of their business, they find it hard to mobilise themselves for counteraction. For example, the US Post Office did not react when UPS and FedEx took away larger and larger shares of its business. What had made the Post Office so vulnerable was rapid growth in the demand for urgent delivery of time-sensitive documents and packages. [Locally, the BPay innovation supported by banks dramatically affected Australia Post's mail business]. Take a position: Do large companies / organisations have too much inertia to be innovative? Are they destined to always be followers of smaller, more nimble start-up companies? Can innovation and entrepreneurship be fostered in large organisations? If so, how? source..
THE CAPACITY TO INNOVATE Name: Grade Course: Tutor`s Name: (10 September 2010) The Capacity to Innovate Having too much inertia in an organization kills innovation in the organizations. * One of the major problems with innovation is that it means change. This is one of the biggest things about innovation is that if the firm if comfortable with then change will be viewed not good hence killing innovation. * Some factors that lead to inertia are the absence of profit motives, deeply entrenched culture that is non-innovative and lastly the absence of failure threat. * Innovation will occur only after the pressing need arises. * Under inertia firms will be comfortable hence no need to innovate. * Also most organizations believes in conformity principle so no need to break inertia as there is no need for brainstorming to give raise to innovation as stated by Isaac & Alan (2003) Big organizations are not alw...
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