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6 Cards in this Set
- Front
- Back
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Xerox Parc(1-4)
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-pioneering research: focuses on pressing problems by redefining
4 Principles 1. Research on new work practices is as important as new products 2. Innovation is everywhere; problem is learning from it 3. REsearch can't just produce innovation it must 'coproduce' it 4. The research department's ultimate innovation partner is the customer |
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Probe and Learn (3-4)
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-continuous innovation after a discontinuity is an iterative process
-Corning optical fibers -Motorola cell phone -GE CT Scanners -Nutrasweet Monsanto -Experiment and refine vs. market testing -Takes time and money ($150m for cell phone) must be perceived as strategically important to mgmt |
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How venture capital works (5)
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-Middle stage (not early or late)
-Invest in industries not ideas -Downside and upside provisions -10x return, 1 of 10 -Ent. w/ track record, can sell oneself |
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Mintzberg:effective organization forces and forms (7-2)
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- Direction - entrepreneurial
- Efficiency - Machine - Proficiency - professional - Innovation - adhocracy - concentration - diversified - cooperation - ideological - competition - political - contamination when firm overfocuses - combination - can lead to cleavage or conversion |
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Managing Professional Intellect (4-4-3)
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1. Cognitive knowledge (know-what)
2. Advanced skills (know-how) 3. Systems understanding (know-why) 4. Self-motivated creativity (care why) 1. Recruit the best 2. Force intensive early development 3. Constantly increase professional challenges 4. Evaluate and weed -Capturing knowledge in networks,rules of enforcement and professional empowerment -inverting the pyramid, building around the knowledge worker -Spider web |
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Why the future doesn't need us (3)
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-Genetics, Nanotechnology, Robots
-Atomic bomb precedent and shock by scientists -Relinquishment and containment |