п»їThe question was: ILLUSTRATE AND CRITICALLY ASSESS THE ORGANISATION'S RESPONSE TO THE FOUR FUNDAMENATAL DILEMMAS OF INNOVATION AND RECOMMEND CHOICES FOR IT TO REPLY TO DISRUPTIVE INNOVATION
Students should be able to explain the type, mother nature and focus of innovatory activity at FeedHenry. They should understand key development dilemmas facing the business, based on their very own stage of development and strategic targets. So a firstclass answer can locate the business based on what stage of development this company & industry are in (eg sector life pattern diagram l 52; and in terms of the konzentrationsausgleich S-curve diagram p 306)
STUDENTS SHOULD BE ABLE TO IDENTIFY THE ORGANIZATION MODEL OF THE CO. AND THINK THROUGH WHAT KIND OF PRODUCT OR SERVICE THEY ARE REALLY OFFERING & THE WAY IT IS DISTRIBUTED вЂ“ AS WELL AS STRAIGHT ANSWERING THE QUESTION. So they should be able to note that FH is not innovating in terms of business design but even more in terms of the technology they are really offering.
Advancement dilemmas facing FeedHenry: The students should have had the capacity to identify the highlighted part and provide proof for their debate as in " key issues facedвЂќ. Different evidence is usually acceptable if perhaps they make a case for it!
Essential dilemmas faced:
Concentrate of the innovation
Have to find equilibrium between technology
push and market move
When to integrate market/user opinions and
participation at levels of creativity process
Open up innovation could possibly be appropriate because
Seek out early adopters/lead users to build
close relationships and encourage responses
Making an appropriate business model to
take advantage of technology products
Finding key personnel to continuously develop
and innovate new products
Utilization of competences of firm to greatest
Keep a tradition of entrepreneurship and
creativity in growing firm
Develop appropriate techniques to match their...