Management Innovation and New Technology Essay Example | Topics and Well Written Essays - 1000 words

Management induction and New Technology - Essay ExampleHowever, modern theories are moving away from this inventor mythology to much holistic approaches that are often based on complete processes and this has led to successful commercialization of in the raw harvest-tides and processes. An individual can confidently state that crop fundament is a complex process quite than a one-day event. This means that there is a lot that is involved in product innovation. A reduce of insights are unpatterned in the product innovation complexity. To begin with innovation starts and ends with invention (Wield & Rhode, 82). Invention refers to the find of new and intelligent ideas and artefacts. Despite the fact, that creating new idea is the baseline of innovation, it is noteworthy that the idea must be sorted out as to whether it is workable and or applicable into the societal context. In other words, innovation takes into consideration adapting the newly erect ideas into practical pro ductive application in particular work processes or product markets of a particular firm. The applications should not only be to specific firms but also to the good economy and into the society. This proposition can be justified by the fact that despite Spencer fundss discovering the Post-it brand gooey before 1970 this noble invention was only commercialised in 1978 after the company (3M) had ignored for that massive owing to lack of practical applicability (Ketteringham & Nayak 427). Silvers moment of discovering the Post-it brand adhesive began in 3Ms Central seek Laboratories under program dubbed Polymers for Adhesives in 1964. It is unfortunate that despite the fact that argent came up with unique form of adhesive his new idea could not be taken gravely by the management because Silver could not find a problem to apply this great idea. It was until Arthur kid a 3M chemist, a choir director and an amateur mechanic found a problem to Silvers idea when he came up with the paper to paper application of the adhesive. According to Wield & Rhode (84), the complexity of product innovation can be understood by withdrawing the assumption that innovation takes a unidimensional flow. It is noteworthy that successful innovation has no straight line considering that it does not spring from scientific invention all the way to develop a competitive edge. The nature of the link between a scientific invention and the technological development is in itself very complex and because of this reason, the link has often been confusing. Individuals take away to understand that scientific invention benefits a lot from technological development in a take of ways that include but not limited to transfer of knowledge, network of profession, skills and instruments. In the case of 3M, it is evident that the company boasts of a poll of skilled scientists that range from chemists and engineers who worked tirelessly in 3Ms Central Research Laboratories to come up with new inven tions. The idea that led into development of one of the best selling product of 3M named Post-it Note Pad resulted from a series of technological developments that took approximately 10 years (Ketteringham & Nayak 425). Successful product innovation is also a matter of interaction between a number of factors within and distant the organization (Wield & Rhode, 84). Studies indicate that those factors that key determinant to the commercial success of a product are found outside the areas which are commonly associated with the with the