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Enactment of Technology Strategy-Developing A Firm’s Innovative Capabilities describes innovation challenges within established firms in terms of innovative opportunities arising in the induced process versus innovative opportunities which arise autonomously. In small firms corporate strategy and strategic action are tightly linked, while in large firms the link between strategy and action must be secured. Management challenges are especially posed by autonomous innovative opportunities. This describes nine different management alternatives for managing autonomous innovative opportunities in a large firm.
QUESTIONS
What is induced strategic action? Give an example.
What is autonomous strategic action? Give an example.
Describe in your own words the five dimensions of the fundamental uncertainty that constrain the ability to predict the value of radically new technologies. Give an example of each.
Why are autonomous strategic initiatives a challenge for management?
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It is a recognized principle that a plan involving the coordinated efforts of multiple resources will produce the best results.
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Give an equation for the process capability index Cpk, calculate and interpret it.
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discuss the benefits and drawbacks of that marketing communication technique.
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