Technology

Technology
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Obtaining Technology

Obtaining an Innovation Strategy Name Institution Obtaining an Innovation Strategy As technology continues to advance and administration becomes complex, companies realize that there is much to be done that they cannot manage on their own. It is the reason firms embrace external methods such as alliance, joint venture and merger or acquisition to obtain other companies’ resources or knowledge. Companies also acquire these methods to share any risks involved, enter a new market, assist the firm to overcome competition in the market or adopt new technology among others. For an organization to perform any of these methods it has to decide on the intended goals, work towards...

TheManagementofTechnologyandInnovation

The Management of Technology and Innovation Student’s Name Institution Affiliation Date According to White and Bruton, there are several reasons as to why capabilities and value creation are interrelated. For instance, the interconnection between capabilities and value creation results to strategic competencies which help a firm to create an appropriate strategic decision. For example, the firm applies its capabilities to derive and formulate its plans, evaluate and control the future decisions that companies will undertake. In all circumstances, merging and acquisition (M&A) of new technology and innovations by a company requires value creation and capabilities as its critical...

Evaluation and Control

Student’s Name: Course: Instructor: Date: An established firm always ensures that it is relevant to the dynamic nature of the market. For this to be achieved, the firm analyses the goals, strategy, and future trends. Evaluation and control play greate roles in these analyses. Evaluation is the ability of a firm to determine whether it is moving towards achieving the goals and objectives set for the firm. The progress made towards goal achievement is essential to ensure that activities undertaken are towards goal set attainment. Control is the adjustment that is undertaken in case it’s realized that the strategy used is not adequate to achieve the goal (White & Bruton, 2011). It can be...

Implementation of an Innovation Strategy

Implementation of an Innovation Strategy Name Institution Implementation of an Innovation Strategy Leadership Due to rapid changes and evolutions that occur in the field of technology, the success of the firm dramatically depends on the kind of leadership it has. Two significant issues the organization should consider are having a cross-functional leadership team and monitoring actions of its leaders. An innovation strategy is deemed to be successful if the leadership ensures that work is complete within a timeframe and the team of different expertise allowed the flexibility and freedom to showcase their creativity. Engagement For a firm to survive in this competitive era of technology, it...

Disruptive technologies

Disruptive Technology Name Institution Disruptive Technology Abstract Innovations in a firm can be disruptive in a way that it causes a conflict between the manager and the potential customers. Customers sometimes can be leading in deciding the fate of a firm in that all the success of the firm lies with them. When technology in the form of innovations takes a course, the company falls into a dilemma. The dilemma is apparently on whether to pursue the method that customers may oppose or capture the demands of users of the products. As much as innovation bring improvements to the current products the company is processing it should not interfere with customers who contribute enormously...

Innovation

Planning for Innovation Student’s Name Institutional Affiliation Planning for Innovation Systemic and meaningful innovation relies on the effective management of resources. Some of the resources that require proper management in planning innovation include people, money, and equipment. The people offer the talent necessary to bring about improvement in the organization. Thus, it is essential to create an environment that encourages the development of talent and creativity. Money on the other side is vital to funding the innovation processes. Efficient management of expenses would ensure there is room for purposeful advancement. Lastly, it is crucial to have the necessary equipment for...

Technology Innovation Management and BusinesGrowth

Technology, Innovation, Management and Business Growth Student’s Name Institution Affiliation Technology, Innovation, Management and Business Growth Innovation and technology from the case of General Electronics (GE) refer to the application of knowledge and skills acquired from both self and cooperate (workers, advisers and competitors among others) to sustain long-term strategies and avail durable outputs. The term technology implies the conversion of inputs to outputs that may involve the consumption of creativity, knowledge and skills to relay work. On the other hand, innovation is the approach through which a new product is curved from new ideas and skills. The process might apply skills...

Build-a-Business Project Paper 2

Name Instructor Course Date Intentional Torts and Negligence Q.1 The first intentional tort that someone could claim my company Elite Freight and Logistics committed is defamation. This will happen when my company is competitively making the profit. The competing company in the similar industry may claim that my company claimed that it (competitor) operates illegally without a license. Second intentional tort is the invasion of privacy involving appropriation with the competitor claiming that my company un- authoritatively used the competitor’s likeness to get more customers from them. The third intentional tort is conversion where someone can claim that the name of my company was...

Technology and the Law

Technology and the Law Name Institution Course Date The law seems to be behind what is happening in the modern world. The law enforcement needs to be updated to curve the technology crimes that are on the rise. The law is just catching up, through staffing of qualified personnel. Currently the police lack necessary expertise and skills. The other factor making it difficult to investigate and prosecute digital crimes is the nature of the evidence. Unlike the other real-life crimes, digital evidence is a collection of figures and codes put together, radio signals or waves. Information existing in this nature can be easily corrupted, edited or lost hence making it impossible to apply the law on...