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    Activity 2 Organisational Innovation

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    Activity 2 Organisational Innovation

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    Download as pptx, pdf, or txt
    2 views9 pages

    Activity 2 Organisational Innovation

    Uploaded by

    agrawalnaman2004

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 9

    ORGANISATIONAL

    INNOVATION
    Session 3 1
    Module Name: Business Disruptive
    Technologies
    Module Leader: Dr Roshni Paul
    Business Disruptive Technologies 15/11/2024
    GUESS THE ORDER IN THE
    FORBES LIST  This list is from April 2023 based on a value called
     Apple 2 innovation premium for the year 2022.
     Amazon 5  * The Innovation Premium is a measure of how much
    investors have bid up the stock price of a company
     Infosys  50 above the value of its existing business based on
    expectations of future innovative results (new
     Google 7 products, services and markets).
     24  Members of the list must have $10 billion in market
     Microsoft
    capitalization, spend at least 1% of their asset base
     Starbucks  94 on R&D and have seven years of public data
     ** The list is acquired by Novartis in April.
     PepsiCo  15
     Sources: HOLT, a division of Credit Suisse, in
     Toshiba  19 collaboration with Innovator's DNA LLC; Bloomberg;
    Thomson Reuters Fundamentals and World scope via
     Procter and Gamble  86 FactSet Research Systems.

    Business Disruptive Technologies


    15/11/2024 2
    GUESS THE ORDER IN THE
    FORBES LIST
     Apple 5
     Amazon 2
     Infosys  15
     Google 7
     Microsoft  86
     Starbucks  19
     PepsiCo  50
     Toshiba  94
     Procter and Gamble  24

    Business Disruptive Technologies 15/11/2024 3


    FORBES LIST
    2023
     Find the complete list here:-
     The World's Most Innovative Comp
    anies List (forbes.com)

    15/11/2024 Business Disruptive Technologies 4


    ACTIVITY - WHERE DO YOU THINK BUSINESS
    USE TECHNOLOGY?
    Business Function Technology Examples Explanation

    Marketing and Sales

    Operations and Supply Chain


    Management

    Finance and Accounting

    Human Resources

    Customer Service
    Product Development and
    Innovation
    Technology enables businesses to
    Email, video conferencing, project communicate effectively,
    management software, collaboration collaborate on projects, and improve
    Communication and Collaboration platforms teamwork.
    Business Disruptive Technologies 15/11/2024 5
    Business Function Technology Examples Explanation
    Businesses use technology to reach a wider
    Social media platforms, email marketing, audience, personalize marketing campaigns, track
    Marketing and Sales CRM systems, digital advertising customer interactions, and analyze sales data.
    Technology helps businesses streamline processes,
    ERP systems, inventory management optimize resource allocation, track inventory levels,
    Operations and Supply Chain software, supply chain management and improve efficiency in production and
    Management software, automation distribution.
    Accounting software, financial analysis tools, Technology enables businesses to automate
    payment processing systems, budgeting accounting tasks, analyze financial data, manage
    Finance and Accounting software cash flow, and make informed financial decisions.

    HR management systems, employee self- Technology helps businesses streamline HR


    service portals, recruitment software, processes, manage employee information, recruit
    Human Resources performance management tools talent, and track employee performance.
    Helpdesk software, chatbots, customer Technology enables businesses to provide efficient
    relationship management systems, customer support, automate routine tasks, and
    Customer Service knowledge base improve customer satisfaction.
    Technology helps businesses design and develop
    Product Development and CAD software, 3D printing, data analytics, new products, analyze market trends, and
    Innovation research and development tools accelerate innovation.

    Email, video conferencing, project Technology enables businesses to communicate


    Communication and management software, collaboration effectively, collaborate on projects, and improve
    Collaboration platforms teamwork.
    Business Disruptive Technologies 15/11/2024 6
    ACTIVITY –
    ORGANISATIONAL
    INNOVATION
    Type of Organizational
    Innovation Example Explanation
    Creating a new product or
    significantly improving an existing
    Product Innovation Tesla's electric cars one.

    Process Innovation

    Service Innovation

    Business Model Innovation

    Organizational functional Innovation


    Social Innovation

    Sustainability Innovation

    Business Disruptive Technologies 15/11/2024 7


    ACTIVITY –
    ORGANISATIONAL
    INNOVATION
    Type of Organizational
    Innovation Example Explanation
    Creating a new product or
    significantly improving an existing
    Product Innovation Tesla's electric cars one.
    Toyota's Just-in-Time (JIT) production Introducing a new or improved way
    Process Innovation system of producing goods or services.
    Developing a new or improved way
    Service Innovation Netflix's streaming service of delivering services to customers.
    Rethinking the way a company
    creates, delivers, and captures
    Business Model Innovation Uber's ride-sharing platform value.
    Introducing new organizational
    structures, processes, or cultures to
    Organizational functional Innovation Google's "20% time" policy improve performance.
    Grameen Bank's microfinance Developing innovative solutions to
    Social Innovation model social problems.
    Creating products or services that
    Patagonia's commitment to minimize negative environmental
    Sustainability Innovation
    Business Disruptive Technologies environmental sustainability impact. 15/11/2024 8
    INNOVATION CASE STUDY
    Context:
    Duolingo: Found in translation | London Business School
    Case: “Duolingo: Found in translation,” Mel Bradman, Innovation case studies, London Business School, 2021
    (Accessed via Duolingo: Found in translation | London Business School)

    Business Disruptive Technologies 15/11/2024 9

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