Strategic Alignment Of Innovation To Business

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Strategic alignment of innovation to business

Frances Fortuin
Strategic alignment of innovation to business Book PDF

Author : Frances Fortuin
Publisher : BRILL
Page : 173 pages
File Size : 48,8 Mb
Release : 2023-08-28
Category : Business & Economics
ISBN : 9789086866281

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Strategic alignment of innovation to business by Frances Fortuin Pdf

"This book addresses the crucial question for innovative prospector companies of how to bridge the gap between exploration and exploitation. Whereas exploration deals with the search for new ideas and opportunities, exploitation is about incrementally moving the performance bar a little bit higher. Finding the right balance between exploration and exploitation is essential for the long term survival in today’s highly dynamic business environments. In a cross-industry study of ten large, multinational prospector companies, which are world leaders in their respective industries, it was discovered that the 'industry clockspeed', the length between the subsequent product generations, plays an essential role in bridging this gap. The product generation life cycle (PGLC) typically ranged from just several months in short life cycle industries (SLCIs), such as electronics and the mobile phone industry, to (more than) 10 years in long life cycle industries (LLCIs), such as aerospace and pharmaceutics. Our data indicate that companies operating in SLCIs face major problems in maintaining the long term knowledge base of their firms, whereas companies in LLCIs tend to have problems in aligning their innovation strategy to the short term business needs. To investigate the dynamics of strategic alignment, in one of the LLCI companies, a multinational supplier of industrial components, a six-year longitudinal study was conducted. Here our data indicate that finding a funding structure that effectively balances exploration and exploitation, combined with regular structured feedback between the exploration and exploitation function is needed to maintain long term strategic alignment. CTOs and innovation managers can use this book by first establishing the industry clockspeed(s) in their respective industries or product range(s) and then benchmark their innovation processes to those of the first class (SLCI or LLCI) prospector companies included in this book."

Strategic Alignment of Innovation to Business

Frances Fortuin
Strategic Alignment of Innovation to Business Book PDF

Author : Frances Fortuin
Publisher : Unknown
Page : 174 pages
File Size : 45,5 Mb
Release : 2007-11
Category : Electronic
ISBN : 9086860567

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Strategic Alignment of Innovation to Business by Frances Fortuin Pdf

This book addresses the crucial question for innovative prospector companies of how to bridge the gap between exploration and exploitation. Whereas exploration deals with the search for new ideas and opportunities, exploitation is about incrementally moving the performance bar a little bit higher. Finding the right balance between exploration and exploitation is essential for the long term survival in today's highly dynamic business environments.In a cross-industry study of ten large, multinational prospector companies, which are world leaders in their respective industries, it was discovered that the `industry clockspeed?, the length between the subsequent product generations, plays an essential role in bridging this gap. The product generation life cycle (PGLC) typically ranged from just several months in short life cycle industries (SLCIs), such as electronics and the mobile phone industry, to (more than) 10 years in long life cycle industries (LLCIs), such as aerospace and pharmaceutics. Our data indicate that companies operating in SLCIs face major problems in maintaining the long term knowledge base of their firms, whereas companies in LLCIs tend to have problems in aligning their innovation strategy to the short term business needs. To investigate the dynamics of strategic alignment, in one of the LLCI companies, a multinational supplier of industrial components, a six-year longitudinal study was conducted. Here our data indicate that finding a funding structure that effectively balances exploration and exploitation, combined with regular structured feedback between the exploration and exploitation function is needed to maintain long term strategic alignment.CTOs and innovation managers can use this book by first establishing the industry clockspeed(s) in their respective industries or product range(s) and then benchmark their innovation processes to those of the first class (SLCI or LLCI) prospector companies included in this book.

Knowledge Driven Service Innovation and Management: IT Strategies for Business Alignment and Value Creation

Chew, Eng K.
Knowledge Driven Service Innovation and Management IT Strategies for Business Alignment and Value Creation Book PDF

Author : Chew, Eng K.
Publisher : IGI Global
Page : 620 pages
File Size : 43,8 Mb
Release : 2012-11-30
Category : Business & Economics
ISBN : 9781466625136

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Knowledge Driven Service Innovation and Management: IT Strategies for Business Alignment and Value Creation by Chew, Eng K. Pdf

"This book provides a comprehensive collection of research and analysis on the principles of service, knowledge and organizational capabilities, clarifying IT strategy procedures and management practices and how they are used to shape a firm's knowledge resources"--Provided by publisher.

Competing in the Information Age

Jerry N. Luftman
Competing in the Information Age Book PDF

Author : Jerry N. Luftman
Publisher : Oxford University Press
Page : 432 pages
File Size : 45,7 Mb
Release : 2003-09-04
Category : Business & Economics
ISBN : 9780199882816

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Competing in the Information Age by Jerry N. Luftman Pdf

Like the first edition, Competing in the Information Age: Align in the Sand, Second Edition, synthesizes for practicing managers the compelling, recent work in this area, with themes that focus on the continuous transformation in business, the adoption of information intensive management practices, the improvement of information processing, and the alignment of business strategy and information technology strategy. Information technology management is now considered a core competency among managers. Rapid advancements in technology, dynamic markets, and the changing business environment have created increased demand for professionals who can manage and deliver information systems. Information systems professionals, Chief Information Officers, Chief Knowledge Officers, as well as CFOs and CEOs, are required to lead and evolve information resources while partnering with corporate management. This book shows IT professionals how to help their organizations achieve success through alignment and deployment of business and IT strategies.

The Power of Strategy Innovation

Robert E. Johnston,J. Douglas BATE
The Power of Strategy Innovation Book PDF

Author : Robert E. Johnston,J. Douglas BATE
Publisher : AMACOM
Page : 335 pages
File Size : 42,8 Mb
Release : 2013-03-29
Category : Business & Economics
ISBN : 9780814433928

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The Power of Strategy Innovation by Robert E. Johnston,J. Douglas BATE Pdf

This helpful resource contains tools and tricks to help companies excel in dynamic markets and provide groundbreaking products and services. The authors refer to this as “innovation” rather than “strategic planning,” but the truth is somewhere in-between: through a proven five-phase discovery process --for staging, aligning, exploring, creating, and mapping--strategic innovation will become a company-wide competency. In The Power of Strategy Innovation, you’ll learn how to: apply innovative thinking to your company’s business model to bridge the gap between strategy and product development; how to remain flexible, future-oriented, and responsive to market changes and your clients’ changing needs; and how to create a perpetual flow of viable new business opportunities. Informative interviews with corporate leaders dispersed throughout the book provide further insight into different industries and the ways they have committed to taking a more innovative approach. Through these shared methodologies, The Power of Strategy Innovation will forever transform the way you do business--and help you rise to become a leader in your industry.

Technology, Innovation, and Enterprise Transformation

Wadhwa, Manish
Technology Innovation and Enterprise Transformation Book PDF

Author : Wadhwa, Manish
Publisher : IGI Global
Page : 378 pages
File Size : 49,8 Mb
Release : 2014-09-30
Category : Computers
ISBN : 9781466664746

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Technology, Innovation, and Enterprise Transformation by Wadhwa, Manish Pdf

Technical advancements are an important part of modern society, but particularly important in the business world. The success or failure of business operations can be affected by the technical operations working within it. Technology, Innovation, and Enterprise Transformation addresses the crucial relationship between a business and its technical implementations, and how current innovations are changing how the industry operates. Highlighting current theoretical frameworks, novel empirical research discoveries, and fundamental literature surveys, this book is an essential reference source for academicians, professionals, and researchers who are interested in the latest technical insights within the business field.

Mastering the 7 Dimensions of Business-Technology Alignment

Ashish Pachory
Mastering the 7 Dimensions of Business Technology Alignment Book PDF

Author : Ashish Pachory
Publisher : Business Expert Press
Page : 162 pages
File Size : 49,7 Mb
Release : 2019-11-26
Category : Business & Economics
ISBN : 9781949991796

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Mastering the 7 Dimensions of Business-Technology Alignment by Ashish Pachory Pdf

The force-multiplying power of business-technology alignment is acknowledged among the biggest contributors to enterprise success in the digital age. Even so, it is a missed opportunity in most organizations, or at best, restricted to a unidimensional coalition. Successful digital enterprises define alignment between business and technology along multiple dimensions. They invest in this alignment at the level of their culture, strategy, structure, process, intellect (innovation), function, and tactics. A systematic understanding and embracement of these seven dimensions of business technology alignment is at the core of a successful digital enterprise. Using familiar workplace paradigms and relatable examples, this book builds on each dimension of business-technology alignment towards strengthening the foundation on which a successful digital enterprise stands, using tricks and tips not found in textbooks and classrooms. If you are, or aspire to be, in an organization that relies on a convergence of business and technology to achieve success, this book is meant for you. It builds upon fundamental ideas in a manner designed to strike a chord in everyone—from interns to entrepreneurs.

Align

Jonathan Trevor
Align Book PDF

Author : Jonathan Trevor
Publisher : Bloomsbury Publishing
Page : 256 pages
File Size : 55,5 Mb
Release : 2019-11-28
Category : Business & Economics
ISBN : 9781472959409

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Align by Jonathan Trevor Pdf

Shortlisted for the 2020 Business Book Awards Why do some businesses thrive, while many more struggle and fail? A key reason – and the focus of this book – is strategic alignment. This is the careful arrangement of the various elements of an enterprise – from its business strategy to its organisation – to best support the fulfillment of its long-term purpose. The best-aligned enterprises are the best performing. Most executives recognise that their enterprises should be managed in this aligned way, but lack a robust system of thought to allow them to execute strategic alignment effectively and realise its full benefits. There are thousands of organisations globally that are operating below their potential simply because they are not aligned. This book aims to change that. In Align, Jonathan Trevor provides a blueprint for how strategic alignment can be effectively developed, implemented and sustained. Drawing upon active research at the University of Oxford's Saïd Business School (with contributions from the joint works of Dr Jonathan Trevor and Dr Barry Varcoe), Jonathan also provides practical case studies and evidence-based insights – culminating in a thoughtful and compelling message to help leaders everywhere to improve their alignment and enterprise performance.

From Strategy to Execution

Daniel Pantaleo,Nirmal Pal
From Strategy to Execution Book PDF

Author : Daniel Pantaleo,Nirmal Pal
Publisher : Springer Science & Business Media
Page : 326 pages
File Size : 40,6 Mb
Release : 2008-02-22
Category : Business & Economics
ISBN : 9783540718802

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From Strategy to Execution by Daniel Pantaleo,Nirmal Pal Pdf

This insightful book presents new and innovative business models that are increasingly becoming a key to business success in a rapidly changing world. It details new and appropriate analytics, frameworks, insights, and forecasts for strategy and execution. At the intersection of disruptive and accelerated change, business leaders around the world are trying to embrace change and incorporate innovative business models in the basics of their businesses. Increasing emphasis is being placed on rethinking how customer value is developed and delivered, rethinking the profit formula and the financial model, and making corresponding changes to the core resources.

Business Model Innovation Strategy

Raphael Amit,Christoph Zott
Business Model Innovation Strategy Book PDF

Author : Raphael Amit,Christoph Zott
Publisher : John Wiley & Sons
Page : 407 pages
File Size : 52,8 Mb
Release : 2020-10-13
Category : Business & Economics
ISBN : 9781119689683

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Business Model Innovation Strategy by Raphael Amit,Christoph Zott Pdf

The most comprehensive, global guide to business model design and innovation for academic and business audiences. Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders is centered on a timely, mission-critical strategic issue that both founders of new firms and senior managers of incumbent firms globally need to address as they reimagine their firms in the post COVID-19 world. The book, which draws on over 20 years of the authors collaborative theoretical and rigorous empirical research, has a pragmatic orientation and is filled with examples and illustrations from around the world. This action-oriented book provides leaders with a rigorous and detailed guide to the design and implementation of innovative, and scalable business models for their companies. Faculty and students can use Business Model Innovation Strategy as a textbook in undergraduate, MBA, and EMBA degree courses as well as in executive courses of various designs and lengths. The content of the book has been tested in both degree and non-degree courses at some of the world's leading business schools and has helped students and firm leaders to develop ground-breaking business model innovations. This book will help you: Learn the basics of business model innovation ̄including the latest developments in the field Learn how business model innovation presents new and profitable business opportunities in industries that were considered all but immune to attacks from newcomers Learn how to determine the viability of your current business model Explore new possibilities for value creation by redesigning your firm's business model Receive practical, step-by-step guidance on how to introduce business model innovation in your own company Become well-versed in an important area of business strategy and entrepreneurship Authors Amit and Zott anchored the book on their pioneering research and extensive scholarly and practitioner-oriented publications on the design, implementation, and performance implications of innovative business models. They are the most widely cited researchers in the field of business model innovation, and they teach at the top-ranked Wharton School of the University of Pennsylvania and the prestigious global business school IESE with campuses in Barcelona, Madrid, Munich, New York, and São Paulo.

Business Transformations in the Era of Digitalization

Mezghani, Karim,Aloulou, Wassim
Business Transformations in the Era of Digitalization Book PDF

Author : Mezghani, Karim,Aloulou, Wassim
Publisher : IGI Global
Page : 360 pages
File Size : 54,8 Mb
Release : 2019-01-22
Category : Business & Economics
ISBN : 9781522572633

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Business Transformations in the Era of Digitalization by Mezghani, Karim,Aloulou, Wassim Pdf

In order to establish and maintain a successful company in the digital age, managers are digitally transforming their organizations to include such tools as disruptive technologies and digital data to improve performance and efficiencies. As these companies continue to adopt digital technologies to improve their businesses and create new revenues and value-producing opportunities, they must also be aware of the challenges digitalization can present. Business Transformations in the Era of Digitalization is a collection of innovative research on the latest trends, business opportunities, and challenges in the digitalization of businesses. Highlighting a range of topics including business-IT alignment, cloud computing, Internet of Things (IoT), business sustainability, small and medium-sized enterprises, and digital entrepreneurship, this book is ideally designed for managers, professionals, consultants, entrepreneurs, and researchers.

Handbook on Business Process Management 2

Jan vom Brocke,Michael Rosemann
Handbook on Business Process Management 2 Book PDF

Author : Jan vom Brocke,Michael Rosemann
Publisher : Springer Science & Business Media
Page : 616 pages
File Size : 52,9 Mb
Release : 2010-09-22
Category : Business & Economics
ISBN : 9783642019821

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Handbook on Business Process Management 2 by Jan vom Brocke,Michael Rosemann Pdf

Business Process Management (BPM) has become one of the most widely used approaches for the design of modern organizational and information systems. The conscious treatment of business processes as significant corporate assets has facilitated substantial improvements in organizational performance but is also used to ensure the conformance of corporate activities. This Handbook presents in two volumes the contemporary body of knowledge as articulated by the world's leading BPM thought leaders. This second volume focuses on the managerial and organizational challenges of Business Process Management such as strategic and cultural alignment, governance and the education of BPM stakeholders. As such, this book provides concepts and methodologies for the integration of BPM. Each chapter has been contributed by leading international experts. Selected case studies complement their views and lead to a summary of BPM expertise that is unique in its coverage of the most critical success factors of BPM.

Strategic Management in the Innovation Economy

Thomas H. Davenport,Marius Leibold,Sven C. Voelpel
Strategic Management in the Innovation Economy Book PDF

Author : Thomas H. Davenport,Marius Leibold,Sven C. Voelpel
Publisher : John Wiley & Sons
Page : 441 pages
File Size : 44,8 Mb
Release : 2007-06-27
Category : Business & Economics
ISBN : 9783895786037

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Strategic Management in the Innovation Economy by Thomas H. Davenport,Marius Leibold,Sven C. Voelpel Pdf

Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.

Linking Project Management to Business Strategy

Aaron J. Shenhar,Dragan Milosevic,Dov Dvir,Hans Thamhain
Linking Project Management to Business Strategy Book PDF

Author : Aaron J. Shenhar,Dragan Milosevic,Dov Dvir,Hans Thamhain
Publisher : Project Management Institute
Page : 246 pages
File Size : 47,7 Mb
Release : 2007-09-01
Category : Business & Economics
ISBN : 9781628251593

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Linking Project Management to Business Strategy by Aaron J. Shenhar,Dragan Milosevic,Dov Dvir,Hans Thamhain Pdf

In Linking Project Management to Business Strategy, researchers were guided by the hypothesis: If projects are successful in aligning their efforts with the business strategy, they will better contribute to the long-term goals of the organization. Strategic alignment is a two-way process. Overall business strategy informs project planning and in turn, project success impacts enterprise success. Strategic alignment of a project takes into account strategic focus, operational efficiency and team leadership. The extent to which a project is focused on each dimension determines the level of “strategic maturity” for a given project. Research has shown that higher levels of strategic maturity are associated with higher levels of project success.

Strategic Innovation Management

Joe Tidd,John Bessant
Strategic Innovation Management Book PDF

Author : Joe Tidd,John Bessant
Publisher : Wiley Global Education
Page : 440 pages
File Size : 49,7 Mb
Release : 2014-09-23
Category : Business & Economics
ISBN : 9781118863381

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Strategic Innovation Management by Joe Tidd,John Bessant Pdf

This first edition of Strategic Innovation Management is an exciting new addition to the established bestselling texts Managing Innovation and Innovation and Entrepreneurship written by Joe Tidd and John Bessant. Aimed at students taking courses in business studies and management, as well as non-specialist courses in other disciplines, this book provides a practical and accessible evidence-based approach to managing innovation in a wide range of contexts, including: manufacturing, services, small to large organizations and the private, public and third sectors. The text has been designed to be fully integrated with the Innovation Portal at www.innovation-portal.info, which contains an extensive collection of additional resources for both lecturers and students including teaching resources, case studies, media clips, innovation tools, seminar and assessment activities and over 300 test-bank questions.