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INTRODUCTION 1
TECHNICAL ISSUES AND APPROACHES 2
MANAGEMENT OF ORGANIZATIONAL PROCESSES 6
RESOURCE MANAGEMENT 9
MARKET LEARNING ISSUES 13
CONCLUSION 19
References 20
INTRODUCTION
This paper touches on various management issues related to radical/discontinuous innovations in high-tech companies. ... The greatest difficulty therefore lies in the ability of the high-tech industry and others to adapt its¡¯ management procedures and organization to best harness the unique opportunities presented by radical/discontinuous innovations. We will look at four management aspects in particular: (1) Technical issues and approaches to radical innovations; (2) Management of organizational processes; (3) Management of internal and external resources; and (4) Market learning issues for success in radical/discontinuous innovation. ...
In the case of technology push products, which one might expect many discontinuous products to be, it has been suggested that the ¡°generic¡± product development process can be used with minor modification. ...
Convergence Phase
It is out of the technological exploration that the highly radical/discontinuous products begin to emerge. ... For innovation management in high-tech companies, resource uncertainty is another challenge. ...
Management Approaches in Resource Management
Leadership
Radical innovation is critical to the long-term success of high-tech companies. Unfortunately, it is often difficult to get support for radical projects in large firms, where internal cultures and pressures often push efforts toward more low risk and immediate reward incremental projects. ... The following conditions and approaches can be used to improve personal and group creativity in large high-tech companies. ...
Resource Acquisition by Alliances
It is less and less common for large high-tech companies to perform all of their critical development activities ¡°in house¡±. ... Portions of the work can be purchased from outside agencies or delivered to contractors;
¡¤ Original Equipment Manufacturing for/from other high-tech companies. ... Purchase patent by negotiation;
¡¤ Patent interchange between two big companies (Companies, although competitive, may decide to cooperate together for a total solution); and
¡¤ Customers¡¯ resource. ...
Characteristics of Market Learning
The questions of particular interest in this part are those concerned with the content and process of market learning in the context of discontinuous innovation. ...
CONCLUSION
Radical/discontinuous innovation often requires extensive technology development and long drawn out development times that can easily span 10 to 20 years. ... To sum up, in large high-tech companies, the complex organizational relations, the divided responsibilities, the ambiguities of accountability and authority result in a highly dynamic control over resources. ... Human resource creativity is at the centre of making radical/discontinuous innovation happen and the high-tech industry must learn to maximize the efficiency of that resource through careful implementation of new management processes.
Approximate Word count = 4146
Approximate Pages = 16.6
(250 words per page double spaced)
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