Innovation and Technology


Introduction


            Innovation is very important in any organization. This is because innovation enables organizations to take advantage and prevent threats offered by the different changes in both macro- and micro-environment. Innovation is all about mobilizing knowledge and technological skills, together with the experience that are used in order to establish novelty in the offerings of the organization, in the ways in which it will creates and delivers those offerings (Trott 2008). One of the most important factors which affect innovation is technology. As a result technology and innovation are considered as two important and relevant cycles that every organization must implement in order to achieve business empowerments, at the same time, gain efficiency. These two factors are considered at the primary balancing factors towards the success of production handling and logistics. With this, it can be said that innovation and technology cycles are connection, not just because of their similar view, but also its function side – focusing on the efficiency of the organization and success of production. This is because, innovation is considered as the positive result of technological advancement, innovative products are not possible without the compliance with the technology based cycles including Information Technology Systems and knowledge.


 


Interrelation of Innovation and Technology Cycle


            Huge companies compete over time by actively shaping and improving their innovation streams. Such streams include incremental innovation such as thinner mechanical watches, architectural innovation such as continuous aim gunfire, the ITE hearing aid or the SMH’s Swatch watch, together with the discontinuous innovation such as Seiko’s quarts movement substituting for mechanical movements. By actively managing the streams of innovation, companies can take advantage of essentially emerging markets for current technology and practically introduce substitute products, even they cannibalize the current products, create new markets, at the same time, the competitive rules. In order to understand how the managers cope with the contradictory requirements of the said innovations, together with the shaping of evolving streams of innovation, it is important to understand technology cycles or the patterns of the technological change where in early product variation is followed by the emergence of an standard of the industry , together with the period of incremental technological change punctuated, in turn, by a succeeding technological breakthrough (Tushman & O’Reilly).


 


            One of the best example regarding the effective connection and interaction between technology and innovation is the Dell computers production. The products have a strong base of technology and innovation functions due the complete packaging. This includes small parts that have passed the control standards upon the process of testing. With this, the laptop of Dell by the end user by manifested via OS applications as well as wireless Internet options and applicability (Adner & Levinthal 2001). In addition, the cycles of innovation is also considered as the key factors which affect the success of efficiency of an organization focusing on the production aspects. For instance, gas and oil plants will not be able to produce adequate enough of produced oil without the use of technology that will work in time and focuses on the different innovative cues that are direct and impulsive. Thus, it shows the imperative role of the different innovative cycles into the areas of production, at the same time, the process of generating the technology that are based on the applications of the cycles with connection to the normal product cycles and notions (Adner & Levinthal 2001). In the case of Dell, the company had been able to focus on innovative technology regarding their PC products, at the same time, focuses on the services sectors which had helped in order to identify and show the different innovation process that takes in the entire technology being adopted in the organization. Therefore, the connection between the innovation and technology cycles starts with the product based improvement, because it help to increase the effectiveness of the services being offered by the organization, move the different processes of innovation, which will help in order improve the quality of production which will lead to product innovation via the success of technology.


 


            Above all, both innovation and technology cycles affect the effectiveness of an organization in production via the actual applications where the innovation is seen in different field of knowledge, primarily the creative production and the dynamics of technology and innovation (Khazanchi & Lewis 2007). Based on this, it is important to focus on the connection of these two aspects in order to ensure the success of the entire production process.


 


 


References


Adner, R & Levinthal, D 2001, ‘Demand Heterogeneity and Technology Evolution: Implications for Product and Process Innovation’, Management Science, vol. 47, no. 5, pp. 611 – 628.


 


Khazanchi, S, Lewis, M & Boyer, K 2007, ‘Innovation-supportive culture: The impact of organizational values on process innovation’ Journal of Operations Management vol. 25, no. 4, pp. 871 – 884.


 


Trott, P 2008, Innovation Management and New Product Development, 4th edn, FT Prentice Hall, Harlow.


 


 


 



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