Interrelationships of innovation and technology cycles
Introduction
Technology and innovation are two vital and salient cycles that every organization must adopt, to achieve business empowerment as well as efficiency and the whole approach is core for balancing the two cycles and have success in terms of production handling and logistics. Thus, innovation and technology cycles are interrelated not because of similar tenets but more on the functional side of the two cycles, involve a matter of effectiveness for organization efficiency and success in terms of production, the two cycles serve as a vital factor that makes production areas an award winning assumption of high quality products and services created and manufactured. Innovation is then a positive outcome of technology advancement and innovative products is not possible without conforming technology based cycles such as through information technology systems and knowledge composition having a twist of modern technological genre.
Discussion
Technology then works effectively with innovative processes for example, Dell computers production of their latest laptop models is in complete packaging meaning, the products have a strong base of technology and innovation functions such as, small parts passed control standards upon testing such technology foundation and from there, innovation comes into the picture upon the use of Dell laptop by the end user which can be manifested through OS applications and or wireless internet options and applicability (Adner and Levinthal, 2001). Furthermore, the cycles of innovation and technology is key towards success of organizational efficiency in terms of production purposes, gas and oil plants can’t produce enough amount of the latter without technology based tools that work well in time, embracing innovative cues directly and spontaneously. There indicates the imperative role of innovative cycles into production areas and the generating of technology bases into subsequent applications of the cycles that goes well with normal product cycles and ideas (Adner and Levinthal, 2001). Dell takes up innovative technology within PC products as well as services sector, describing innovation process taking place once Dell overall technology is being adopted. The interrelationship of the two cycle ideally begin with product based improvement in order to increase the efficiency of organization services, moving process innovation amiably improve production quality, leading to product innovation through technology success.
In addition, innovation and technology cycles affect organizational efficiency in terms of production also through actual applications wherein innovation is viewed from perspective of diverse field of knowledge, particularly towards creative production, dynamics of technology as well as innovation (Khazanchi, Lewis and Boyer, 2007). The innovative products then allow better source of innovation and useful in the long run if communication to each and every cycle has been realized along with organization knowledge and skills, for instance, Dell’s guiding principle and resource provide functional direction and support for technology and innovation drivers such as those coming from external environment which impact Dell’s choice of producing their latest line of laptop computers and some other products. The relation among organization’s innovation and technology cycle appear vary in functional domains, in which production works well with crafting of a solid research and development by means of technology tools that outcomes in innovation resources and reinforced research development structure. The imperative value of technological acceptability of innovation, and by overall innovation approach into the production area thus, helps organizations redefine its technology management for a better innovative assumptions (Khazanchi, Lewis and Boyer, 2007, pp. 871-884).
Conclusion
Therefore, innovation and technology cycles are truly interrelated mostly in terms of production efficiency by organizations such as Dell computers keeping its product line ‘technologically satisfied’ in relation to Dell’s consumer base, shaping up technology and innovation incentive as well as adaptation for new stage at Dell’s technology life cycle in which product characterization is ideal upon performance leveling with standard price rates duly observed in digitally innovated products as well as information based technology pathways (Adner and Levinthal, 2001, pp. 611-628). Indeed, innovation and technology cycles work best when there is proper attention and monitoring to other aspects that extends its functional applications esp. when producing products and services under lean supply times and issues that comes along with production strategies and its execution within the organization.
References
References and further reading may be available for this article. To view references and further reading you must
Adner, R. and Levinthal, D. (2001).Demand Heterogeneity and Technology Evolution: Implications for Product and Process Innovation. Management Science, Vol. 47, No. 5 (May, 2001), pp. 611-628 INFORMS
Khazanchi, S. Lewis, M. and Boyer, K. (2007).Innovation-supportive culture: The impact of organizational values on process innovation. Journal of Operations Management Volume 25, Issue 4, June 2007, Pages 871-884
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