Introduction To Business Essay

3499 words - 14 pages

Introduction to Business
(2) – Sept. 7th 2015 – Jan van der Ende
Innovative Management
* Innovation = The generation, development and commercialization of products, new services or new business models by a firm.
* Business model = The way a company creates, delivers and captures value.

Innovation – Mostly fails (40%)
* Radical innovation
* Non-radical innovation

No innovation = die (Kodak)
* Teamwork (Multiple perspectives)
* No communication No product
* Concept development Prod./Serv. Development Commercialization (process)
* Innovation process in the book on page 347

Design-driven innovation
* Propose the customer, without ...view middle of the document...

Fayol: French mining engineer Work for the organization, centralization
2. Weber: German sociologists
Specialization and coordination: Disney, McDonald etc. Give you exactly what you expect!
Disney: Get people to do what they’re expected to, powerful training. Avoid thinking out of the box. Act like Disney wants you to! Difficult to change anything.

Dealing with complexity and dynamism
* Adapt to fast changing and complex environments
* Learning organizations
* “Unleashing human creativity”

* Direct supervision (centralization)
* Standardization of work (formalization)
* Mutual adjustment (departmentalization)
* Standardization of skills (training, knowledge and skills)
* Standardization of outputs (budgets, targets) Do it, no matter how
* Standardization of norms (culture, socialization) Disney

Organizational design dilemma
* Organizational structure as instrument to achieve strategy and goals
* Efficiency, consistency
* Scientific optimism of tasks, strict control, clear hierarchy, focus on optimising specific specialized tasks
* Effectiveness and creativity
* Room for creativity, need for communication and interaction, focus on optimising process of dealing with client requests

Dealing with complexity and change
* Efficiency and effectiveness
* Reliability and exploitation vs adaption and exploration

(4) – Sept. 10th 2015 – Lucas Meijs
Helping to create sustainable solutions for society’s challenges: Non-profit management
Why pay if you can get it for free?
Food bank
* Not asking money
* Select the customers
* Lower income than x
* Fair use (three times a month, zip code)
* Need (more than three children, no dog, no smoking)
* Particularism (same religion, willingness to convert)
* First come, first serve
* Self selection of clients (if you walk in you must be hungry…)

Non-profit/ NGO
* Organized
* Not directed towards profit
* Self-governed by independent citizens
* Relevant voluntary input

* International relation literature
* Stakeholder literature
* Campaigning / advocacy

* Management literature
* Service delivery (broadly defined)

What do your customers think of your products if you do not charge them. They don’t comment.

Why is this sector so big?
* Market failure
* Government failure
* Heterogeneity of demand
* Supply of non-monetary-orientated entrepreneurs
* Trust in non-profit status
Voluntary failure
* Insufficient
* Less efficient than government
* Particularism
* Aimed at one specific group
* Paternalism
* I know what is good for you
* Amateurism

Voluntary power
* Insufficient
* Brings in other recourses
* Particularism
* I want to help, no one helps them
* Paternalism
* I know what is good for you
* Amateurism

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