Reference no: EM131666897
You are planning the next generation of smartwatches (for all current as well as emerging market segments) by stablishing a new firm, and you know that you need to create value for market. Describe the process:
a) Innovation management:
With reference to a process of taking an emerging technology to market describe a cross-functional management team. What function each member represents? How many other functions are represented? Provide some insight into how the team is able to innovate given the different perspectives members bring to bear on the task. Describe how the innovation will benefit from and/or will be constrained by inter-organizational networks such as strategic alliances, joint ventures, and other partnerships.
b) Organizational features:
Describe the characteristics of the firm as you understand them for a successful outcome, such as its management practices, employee base, product development process, organizational culture, etc.
c) Organizational learning:
Based on your research, learning and reflection name three things that your organization should do to transfer this technology successfully into market.
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Decrease costs or increase customer satisfaction
: Where can information be used to decrease costs or increase customer satisfaction or both?
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Discuss the company that produces
: Discuss the company that produces it, the wants/ needs it satisfies, how it markets the product and compare it to a competitor's product etc.
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Discuss the negative exponential distribution
: Rework the simulation so that the clock is represented as a double, the time between dial-in attempts is modeled with a negative exponential distribution.
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Describe an example where you used interpersonal skills
: COIT20249 - Demonstrate what you have learnt from the experience, describe how you would handle assignment presentation differently in the future
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Planning the next generation of smartwatches
: You are planning the next generation of smartwatches (for all current as well as emerging market segments) by stablishing a new firm.
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Completeness of the responses
: Keep track of the timeliness, correctness, and completeness of the responses. Describe them and characterize your overall experience.
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Calculate the shortest path on the new graph
: Consider the following algorithm to solve the negative-weighted, shortest-path problem: Add a constant c to each edge cost, thus removing negative edges.
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Relationship building techniques as possible
: Visit one B2C and one B2B Web site. Examine each carefully, identifying as many relationship building techniques as possible.
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Analyze the data collected in your survey
: In this paper, you will analyze the data collected in your survey. Another name for this step is Data Reduction.
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