To create innovation within your organization and stay ahead in the market, you can encourage a culture of creativity and experimentation, invest in research and development, collaborate with external partners, and continuously adapt to changing trends and technologies.
Ultrapreneur - is like also an intrapreneur in such a way that they are part of an existing org. large or small. Ultrapreneur is an enterprising or entrepreneurial fellow but his innovation commences within the organization itself and whose impacts may extend beyond the organization to which he or she is directly a part. eg. realizing new opportunities such as forming a subsidiary organization..
The current status of projects in progress within the organization is being actively monitored and managed.
The budget holder is responsible for overseeing financial allocations and expenditures within the organization.
Is is my belief that variation, selection and retention lies behind any innovation as illustrated by the innovation funnel. The task for the organization is to increase the effectiveness of the process by:1- increasing variation through involving many individuals, stimulating open-minded and creative thinking2- pre-selecting for higher success rate based on maximum foresight and support promising ideas3- scale up and replicate successful solution to maximum effective level-Zheng
Implementing this project can lead to various benefits such as increased efficiency, cost savings, improved productivity, and enhanced customer satisfaction. It can also help in achieving organizational goals, staying competitive in the market, and fostering innovation within the company.
The level of activity in an organization depends on factors such as market demand, workforce productivity, resources availability, technological advancements, and strategic decisions made by the management. These factors influence the level of production, sales, innovation, and overall business operations within the organization.
A divisional team is a group within an organization that focuses on a specific product line, market segment, or geographic area. Each divisional team operates semi-independently, managing its own resources and decision-making processes to meet the unique needs of its designated division. This structure allows for greater flexibility and responsiveness to market demands, fostering innovation and specialization within the organization.
I would say an organisation that is active within a captive market (monopolistic market)
The purpose of the expcom committee within the organization is to evaluate and recommend strategies for expanding the company's reach and impact in the market.
what 3 ways can you create quality within the health care orgazinization
Knowledge in the context of organization refers to the expertise, information, and skills held by individuals and groups within the organization. This knowledge is often tacit, embedded in processes, systems, and relationships, and plays a critical role in decision-making, problem-solving, and innovation within the organization. Effective knowledge management practices can help organizations leverage this knowledge for improved performance and competitiveness.
Having a creative culture within an organization can lead to increased innovation and problem-solving capabilities. It can foster employee engagement and satisfaction, leading to improved productivity and retention. Additionally, a creative culture can help the organization stay competitive in a rapidly evolving business environment.
Ultrapreneur - is like also an intrapreneur in such a way that they are part of an existing org. large or small. Ultrapreneur is an enterprising or entrepreneurial fellow but his innovation commences within the organization itself and whose impacts may extend beyond the organization to which he or she is directly a part. eg. realizing new opportunities such as forming a subsidiary organization..
Variation is the introduction of new ideas or practices within an organization. Selection involves choosing which variations to retain based on their effectiveness. Retention involves integrating successful variations into the organization's practices. The process explains how innovation occurs by allowing for experimentation, evaluation, and adoption of successful new ways of doing things.
- To create, store and share information within the organization. - Employ - To create, store and share information within the organization. - Employ different venues (AKO, forums, installation intranet, web sites, etc.) - As an important component of the overall STRATCOM plan. - As a beneficial way to promote the organization to internal and external stakeholders.different venues (AKO, forums, installation intranet, web sites, etc.) - As an important component of the overall STRATCOM plan. - As a beneficial way to promote the organization to internal and external stakeholders.
Horizontal integration limits competition by consolidating companies within the same industry, leading to fewer players in the market. As one company acquires or merges with its competitors, it can increase its market share and pricing power, reducing the options available to consumers. This often results in reduced innovation and higher prices, as the dominant firm faces less competitive pressure. Ultimately, horizontal integration can create monopolistic or oligopolistic market structures that stifle competition.
ten terms found within the healthcare organization