Innovation and Its Role in Management

2019 ◽  
pp. 26-54
Keyword(s):  
Operating System ◽  
New Products ◽  
Business Activity ◽  
Management Innovation ◽  
New Developments ◽  
Modern Management ◽  
Annual Basis ◽  
Organization And Management ◽  
Activity Models ◽  
Market Needs

The chapter presents the concept of innovation and the evolution of this term in the sciences of organization and management. Innovation is a particularly important element of modern management as it contributes to creating value for the company and strengthening its market position. Regardless of the industry, every modern organization should be open to new developments; it is an expectation expressed by the recipients of products and services. The market needs to improve existing solutions and develop new products on an annual basis. Innovation is defined as the process of translating an idea or invention into a good or service that creates value for which customers will pay. By observing the actions of the most powerful organizations, it can be observed that novelties form an integral part of their business activity models. Every two years, Microsoft presents to its customers an updated version of their popular operating system, fashion houses design new clothing collections for specific dates, and Disney regularly introduces new blockbusters for the next generations of viewers. Regardless of whether an organization is global or local, the need for innovation is becoming increasingly commonplace.

scholarly journals Modern trends in training specialists in the field of engineering

2020 ◽  
Vol 12 (2) ◽  
Author(s):  
Aleksej Lyalin ◽  
Anton Zozulya ◽  
Tatyana Eremina ◽  
Pavel Zozulya
Keyword(s):  
Professional Competence ◽  
Professional Community ◽  
Federal State ◽  
State University ◽  
Training Project ◽  
Organization And Management ◽  
Level Of Training ◽  
Market Needs ◽  
State Educational ◽  
Active Implementation

Companies are poorly satisfied with the level of training of specialists and put forward a number of requirements for specific professional competencies of the applicant in the field of engineering. Building a model of such a specialist is complicated by the fact that engineering services are not part of an independent branch of the national economy of Russia. The training of University students is regulated by Federal state educational standards. For specialists in the field of engineering, it is necessary to involve representatives of the professional community in the development of Professional standards. This will allow us to offer outstanding professional competence in the engineering field, which will meet modern market needs and take into account the experience of the best world practices. Modern specialists in the field of engineering should have a balanced combination of practical programs with traditional training, allowing students to apply their knowledge in real conditions. World experience shows another feature of training these specialists, which is aimed at developing non-technical skills in addition to mastering the basic curriculum in order to professionally succeed. In many respects, the effectiveness of applicants in the engineering field will be determined by their knowledge and skills in the organization and management of key stages of the life cycle of their projects. The state University of management shares its experience in training project-oriented specialists in the field of management and engineering. At the University, the training program is based on engineering education using modern training technologies, methods and tools of project management, as well as direct communication between students and teachers. Active implementation of digital technologies improves academic mobility and contributes to increasing the share of the online segment of educational services.

scholarly journals Influence of selected strategic variables on the development of the intellectual capital of an enterprise

Management ◽  
2014 ◽  
Vol 18 (1) ◽  
pp. 199-212 ◽  
Author(s):  
Rafał Prusak
Keyword(s):  
Intellectual Capital ◽  
The State ◽  
Business Activity ◽  
Organization And Management ◽  
Enterprise Organization ◽  
Building Market ◽  
External Relationships ◽  
Made In

AbstractIntellectual capital is an important issue of currently undertaken studies in the field of enterprise organization and management.. The introduction of this concept has undoubtedly opened up new prospects for enterprises to perceive their business activity and building market advantages. At the same time, however, it has given rise to many new problems associated with the hard-todetermine nature of intellectual capital and its internal and external relationships and dependencies. An attempt has been made in the article to analyze problems related to the dissemination of the concept of intellectual capital, and its practical use, and to assess the state of the intellectual capital components in the surveyed entities.

scholarly journals Scientific seminar of Institute of Organization and Management titled lnformation and communication technologies in the modern management

2017 ◽  
Vol 12 (2) ◽  
pp. 311-315
Author(s):  
Jacek WOŹNIAK
Keyword(s):  
Communication Technologies ◽  
Scientific Seminar ◽  
Modern Management ◽  
Organization And Management

Seminarium naukowe Instytutu Organizacji i Zarządzania Wydziału Cybernetyki WAT przygotowane przez Zakład Inżynierii Zarządzania pt. Technologie teleinformatyczne we współczesnym zarządzaniu

scholarly journals DIGITAL MANAGEMENT PLATFORMS IN ECONOMIC ACTIVITY

2020 ◽  
Vol 1 (29) ◽  
pp. 81-96
Author(s):  
Leonid Sergeev ◽  
Keyword(s):  
National Economy ◽  
Economic Activity ◽  
Business Activity ◽  
Digital Platforms ◽  
Organization And Management ◽  
Production Processes ◽  
Digital Management

The mechanism of organization and management of business activity in the conditions of digitalization of the corresponding production processes is generalized. The classification of network platforms is analyzed, the architecture of the system of building digital platforms and the logic of their use in the management of sectors of the national economy is proposed. The types and features of digital platforms, the level of Informatization of Russian enterprises are considered.

Pricing for New Products

2013 ◽  
pp. 56-74
Keyword(s):  
New Product Development ◽  
New Products ◽  
Pricing Strategy ◽  
Pricing Strategies ◽  
Product Innovations ◽  
Product Pricing ◽  
Pricing Process ◽  
Product Scope ◽  
Market Needs ◽  
Market Strategies

Pricing strategies specify market needs that may be served by different price offerings. The pricing strategies of the company are duly related to market strategies that eventually come to dominate both the overall strategy and the spirit of the company. Pricing strategies deal with matters such as number and diversity of products, product innovations, product scope, and product design. The implementation of pricing strategies requires cooperation among different groups including finance, research and development, the corporate staff, and marketing. This chapter guides managers as to how to manage the concept pricing process for new product development effectively by the customer centric companies through mapping the consumer perceptions about their needs and expected products. In this chapter, the author describes how companies get customer centric pricing strategy, product pricing, and tactical moves in a way that help the firms to get the competitive advantage and build profits in the future.

scholarly journals RealPi - A Real Time Operating System on the Raspberry Pi

10.29007/p614 ◽  
2019 ◽  
Author(s):  
Samuel Delaney ◽  
Dwight Egbert ◽  
Frederick C. Harris Jr
Keyword(s):  
Operating System ◽  
Real Time ◽  
New Technologies ◽  
Lesson Plan ◽  
Raspberry Pi ◽  
Work Place ◽  
New Developments ◽  
Real Time Operating System ◽  
The University

Academia has always sought to ride the line between established thought and new developments. No much more so than in the terms of technology. Universities seek to teach using known and proven methods and resources but also stay relevant with new technologies to provide students the knowledge they will need to be competitive in the work place or graduate field. In this work we will present how the University of Nevada approaches this problem with its Real Time Operating system course. Namely on how using the established Micro C/OS II Real time Operating System with the new builder phenomena the Raspberry Pi we can overcome the challenge of updating a tried and true lesson plan in order to use technology relevant and interesting to the students of today.

scholarly journals Special Aspects of Innovative Product Development by Knowledge-Intensive Businesses in the Current Economic Conditions

2019 ◽  
Vol 8 (12) ◽  
pp. 2053-2055
Keyword(s):  
Economic Growth ◽  
New Products ◽  
High Tech ◽  
Joint Activities ◽  
Organization And Management ◽  
Business Units ◽  
Russian Economy ◽  
Scientific Technical ◽  
Production Economic ◽  
Knowledge Intensive

The article discusses the task of development of the Russian industry is not only to ensure the transition of the economy to the trajectory of sustainable development, but also to change the quality of economic growth. Here, an important role belongs to the state scientific and industrial policy which determines the overall economic strategy and the most promising basis for development. Experience shows that the priority development of the resource-based industries that have become the leading sectors of the Russian economy to date is unable to solve the problem of economic upsurge fundamentally and for the long haul. Creating new high-tech products is a complex and multifaceted process that includes scientific, technical, production, economic and social aspects, and the functioning in the market conditions requires improving the organization and management of production in the lower tier of the national economy, i.e. at the enterprise level. In the process of development of new products, certain production and management relations are established between the business units of the enterprise and between related firms, which relations reflect the links between the direct manufacturers of products, management staff, as well the organization of joint activities of participants in the production of new products. Economic growth should be based on the priority development of the group of export-oriented industries capable of being a stable, long-term driving force of development, the most promising basis for the growth of the Russian economy due to intensive factors. High-tech enterprises of the defense industry being part of the High-Tech Complex (HTC) of Russia basically form the backbone of such industries.

Recommendations to Enhance Communication With Users Through Prototypes and to Assist Open Innovation

2019 ◽  
pp. 147-167
Author(s):  
Thiago Bertolini dos Santos ◽  
Luiza de Castro Olivan ◽  
Luísa Cagica Carvalho ◽  
Lílian Neto Aguiar Ricz ◽  
Janaina Mascarenhas Hornos da Costa
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
New Products ◽  
Innovation Process ◽  
New Business ◽  
Market Needs ◽  
New Business Models

Innovation has been increasingly becoming a major competitive differential for companies. However, innovation alone is not enough. Innovations encompass new products to new business models, but they need well-defined strategies to deliver value according to the market needs and to be well accepted. Innovations looking at differentials for the users should consider their problems, including products and services, so that they can promote solutions to meet the users' expectations. Therefore, the involvement of stakeholders in the innovation process who are beyond the organisation's frontiers, such as users, is important as it allows the inclusion of new abilities, resources, and knowledge in the process of development.

Market Knowledge Management, Innovation and Product Performance

2010 ◽  
pp. 32-50
Author(s):  
Cid Gonçalves Filho ◽  
Rodrigo Baroni de Carvalho ◽  
George Leal Jamil
Keyword(s):  
Knowledge Management ◽  
Organizational Performance ◽  
Structural Equation ◽  
New Products ◽  
Product Performance ◽  
Management Innovation ◽  
Market Knowledge ◽  
Industrial Firms ◽  
Knowledge Models ◽  
High Level

In a business environment characterized by a high level of competitiveness, the impact of new products on an organization’s revenue is an important factor. This research was developed with the objective of examining empirically the relationships between market knowledge management, innovation and the performance of new products in the market. This chapter analyzes KM (Knowledge Management) success trough a market-oriented perspective because, at the end of the day, KM success must lead to better organizational performance. The research model was generated by the combination of market knowledge models and KM success and maturity models. By means of a survey, based on 387 medium and large industrial firms, and the use of structural equation modeling, the supremacy of the competitor knowledge management process over other constructs was verified, as the most important antecedent of new product performance in the market. The results also revealed that innovation was strongly impacted from technology knowledge management and customer knowledge management.

Sign in / Sign up

Export Citation Format

Share Document