If you wanted to grow innovation at 3M, what would you do?
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If you wanted to grow innovation at 3M, what would you do?
We all might have had about innovation and that quite smile innovation means something new or some add on to the new technology here add on is just similar to the old technology or we can say that to revise the product or service according to the customer demand or their feedback.
Innovation just involve the same operation and same product just of superior quality or sometime of inferior value but with great outcome , the value of product or the raw material which where used for innovation where the exactly what the product need not something out of the box.
But when we talk about 3M innovation this is something out of the box . Let us discuss the same below.
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- Explain how this innovation solution(injuries and violence) would address the 5 characteristics (Relative Advantage, Trialability, Complexity, Compatibility, and Observability)Why is it so difficult to predict whether an innovationmight disrupt an industry and when it could happen?What is innovation? What are different types of innovation? Explain with real life examples from your own daily routine life.
- Are network effects good or bad for innovation? Explain.List the various approaches used by the companies to keep innovationstrong?Part One: Indicate whether the following sentences are true or false: levels of innovation can be classified as incremental/radical innovation or sustaining/discontinuous innovation. Incremental /radical innovation focuses on the newness and impact of innovation.
- Who is an innovation manager and how can he help, for example, in TV?Does innovation thrive best under market forces, or are non-market forces the way to go? Why or Why not1. Innovation is the specific tool of entrepreneurs, how they exploit change as an opportunity for a different business or service. Explain any FIVE (5) sources ofopportunity for innovation in business.