substantive replies
Question
You will be required to write substantive replies to a classmates’ thread. Each reply must cite a minimum of 2
sources. Acceptable sources include the textbook, the Bible, outside scholarly articles, etc.
Substantive replies, in contrast to perfunctory replies, add value to the forum, enhance learning, and contain references to any new concepts or ideas presented.
The following suggestions will aid you in successfully composing substantive responses:
- Compare/contrast the findings of others with your research.
- Compare how the findings of others relate/add to the concepts learned in the required readings.
- Share additional knowledge regarding the key topic that relates to the thread.
Here is the thread for response.
Key Concept Explanation
Innovativeness is the process of creating or enhancing a capability to provide a competitive advantage. The four key elements of innovativeness are collaboration, ideation, implementation, and creation. Collaboration allows for a more efficient and effective strategic process. Ideation refers to the creativity necessary to differentiate between competitors. The successfulness of new ideas is dependent on the implementation process. Value creation measures the company’s approach to meeting consumers’ wants and needs (Cowan, Haralson, & Weekly, 2009). Innovativeness is very applicable to the mission of my organization. Further understanding of the key concept could be integrated and applied to my current position.
Comparison
The textbook defines innovativeness as major improvements to products, services, or a new company itself. Focusing specifically on the research and development aspects of early ideas for new capabilities. The textbook further identifies the different stages of research and development starting with the initial idea, which was identified by another source as one of the key essential elements of innovativeness (Meredith & Shafer, 2013, pg. 17). Although, the textbook touched on the various areas that effect quantitative performance of a company, the focus was limited to product and service development.
Today, there are a lot of efforts that are focused on applying and integrating innovative concepts and frameworks to organizational structures and processes. Businesses are abandoning old traditional ways and transitioning to new paradigms in order to make significant advances. Unfortunately, a lot of businesses suffer during the implementation phase, not having a clear understanding of how to transfer the idea to reality (Stanleigh, 2016).
Boeing is an example of a company who failed to integrate a proven successful process to its company. Boeing wanted to take advantage of outsourcing in order to lower costs and advance development. However, the company failed to take into consideration the amount of support required for its new suppliers. Additionally, the company increased its risk due to the potential of the outsourcing components not fitting together when the product is finally assembled (Denning, 2013). Companies like Boeing believe that a successful concept can be applied to any company without understanding the key concepts that made the process itself successful.
Article Summary
The article, “The effects of organizational culture and innovativeness on businesses performance in healthcare industry,” highlights the importance of innovation in order to sustain a competitive advantage. The article describes the research performed to identify the relationship between innovation and organizational culture and how it impacts a company’s performance. A sample of 332 employees of a private hospital was taken to specifically target the healthcare industry (Acar P. & Acar Z, 2012, pg. 683).
Today, advancement in communication technology increases the availability of information, products and services, and ultimately consumer expectations. Economic performance demonstrates the success of a company, the challenge lies within identifying how a firm uses innovation in relation to the business strategy to further succeed. The traditional focus was on the creation of innovative products now companies are applying innovation to the various operational functions of a company. The results found that employees’ participation during the development of the innovation-based strategies are extremely beneficial. By having a strategy that combines employees’ personal goals with the organization goals allows for a more flexibility when adapting a new business strategy within a rapid changing environment that firms face. Additionally, the areas that provided positive effects on quantitative performance were marketing, behavioral, and process functions (Acar P. & Acar Z, 2012, pg. 691)
Biblical Integration
According to Romans 12:2, it highlights the importance of creativity and how we shall ignore the normal topologies. Instead God promotes innovative thoughts, especially when we apply the key concept to our businesses. God wants us to ignore the common traps that promise success and instead continue to grow and learn to further better ourselves. During the process we might face hard times. However as identified in Thessalonians 5:16-19, we must continue to pray and be grateful. God will give us the strength to survive and provide opportunities when our processes potentially fail. As Christians we must use the power God gave us and pursue our ideas. As II Timothy 1:7 highlights, fear is our enemy especially when it comes to the survival of our businesses (Emerson, 2012).
Application
Innovativeness plays a critical role within maintaining a company’s competitive advantage and long-term success. Innovation applies to a company’s products, services, processes, and organization structure. However, with any new change comes risk. Boeing faced innovation risk when outsourcing known technology. Instead of manufacturing the innovative advanced technology in house the company outsourced it to local and international companies. In the end the decision negatively impacted the manufacturing and development of its aircraft. The individual components did not work properly when integrated into the system (Denning, 2013). Innovativeness is critical to a company’s economic performance. However, if the concept is not initially aligned with the business strategy, than it will not successfully be implemented.
Annotated Bibliography
Acar, Z., & Acar, P. (2012). Procedia – Social and Behavioral Sciences. Procedia Social and Behavioral Sciences, 58, 683-692. Retrieved March 21, 2016, from http://ac.els-cdn.com/S1877042812045089/1-s2.0-S1877042812045089-main.pdf?_tid=e8dd4d72-ef5c-11e5-ab99-00000aacb35e&acdnat=1458561982_a3c4df35bf1e18fffce827ead75f413b
The article provided a good overview of innovativeness and how it is a leading factor that differentiates a company’s competitive advantage over others. The authors specifically focused on research to demonstrate the relationship between an organization’s culture and level of innovativeness has on the overall company’s economic performance. The source was used to provide an overview of the article section and describe the key term itself. Additionally, it identified the interconnections between the various functions of an organization that could be applied throughout the thread. Although the research was focused on the healthcare industry, the same principles could be applied to other types of organizations.
Cowan, K., Haralson, L., & Weekly, F. (2009). The Four Key Elements of Innovation: Collaboration, Ideation, Implementation and Value Creation. Retrieved March 21, 2016, from https://www.stlouisfed.org/publications/bridges/summer-2009/the-four-key-elements-of-innovation-collaboration-ideation-implementation-and-value-creation
The article was used to define the term and provide essential elements relevant to the key concept. The authors highlighted the challenges that companies face to successfully implement innovativeness. Additionally, each element identified had its own challenges internal and external to the organization that must be considered for success. The source was initially applied to the explanation of the key concept, but it provided use during the application section as well. The layout of the how the information was presented was clear and easy to follow. The article broke down the different elements and further analyzed how individuals interpret the concept and even provided information on the traditional approach to economic development.
Denning, S. (2013, January 21). What Went Wrong At Boeing? Retrieved March 21, 2016, from http://www.forbes.com/sites/stevedenning/2013/01/21/what-went-wrong-at-boeing/#646b76ec5aad
The article provided a detail explanation of how Boeing made mistakes while transitioning to an outsourcing company. The company decided to outsource locally and internationally without taking into consideration how it would impact its development timeframe. The company thought it would cut costs but ended up accruing higher costs and went way over the initial budget. This source was used primarily to support the comparison section. In particular it provided specific example of a company who failed to transition a proven idea or concept to the reality of an existing company. The article was very helpful and applicable to the forum.
Emerson, M. (2012, April 09). 12 Bible Verses Every Small Business Owner Needs For 2012 » Succeed As Your Own Boss. Retrieved March 21, 2016, from http://succeedasyourownboss.com/12-bible-verses-every-small-business-owner-needs-for-2012/
The article integrated Bible verses into common concepts that could be applied for long-term business success. The author would state a Scripture than further break down the meaning so that it could easily be applied to various business aspects. The article was used to identify biblical references that would apply to innovation in a Christian context. I found the source very useful when not only identifying biblical references, but to present the information in a way that made sense. The article could be very motivational to business owners who are facing a hard time and need confirmation that they are moving in the right direction.
Stanleigh, M. (2016). From Vision To Reality: The Innovation Process. Retrieved March 21, 2016, from https://bia.ca/from-vision-to-reality-the-innovation-process/
The source was applied to the comparison section. It provided a good overview of how organizations are abandoning old ways to make significant improvements to internal processes. The article highlighted specific challenges that businesses face. Specifically how innovative ideas within organizations fail to succeed because they are not integrated to the overall business strategy. The article was clearly organized and presented in a manner that highlighted the issues at stake and defines the process of successfully integrating businesses improvement processes. This source was one of the primary documents to demonstrate that the textbook has a limited view on innovativeness. However, it lacked to provide well-known examples of businesses that failed to turn ideas into actual reality.