Professional Documents
Culture Documents
In this segment, you learnt about adaptiveness and agility and how it helps to
plan and execute various activities that satisfy organisational objectives.
You learnt about the key characteristics that determines the most agile
organisations, which are as follows:
.
In a business context, innovation refers to organizations applying
measures that improve how things are done. Innovative organizations
implement ideas, processes, and actions that continually improve
productivity, increase efficiency, and help them respond to change.
You learnt about the four dimensions given by BCG to access organisational
performance which are as follows:
You learnt the guidelines offered by Clark for developing innovation with a
culture of intellectual bravery. These are:
You learnt that only a few organisations can demonstrate preparedness for
innovation and adapt as the business environment changes. These strong
innovators prioritised their innovations and understood innovation enablers,
such as advanced analytics. The following diagram shows how different
industries have prioritized innovation and focused on set enablers.
You understood the example of Urban Company, Crofarm and Grofers how
they used innovation enablers like technology platforms, digital design and
mobile capabilities to develop an app that connected service providers with
customers in a hyperlocal format.
1) Innovation ambition
2) Innovation domains
3) Innovation governance
4) Performance management
5) Organisations and ecosystems
6) Talent and culture
7) Idea-to-market fit
8) Project management
9) Funnel management
10) Portfolio management
1. Volatile,
2. Uncertain,
3. Complex and
4. Ambiguous (or VUCA) environments.
This acronym offers a framework that an organisation can use to consider its
environment.
You learnt about the situations which created a good platform for the entry
of the foodpreneurs in the market with the example of Hungrify.com, which
are as follows:
In this segment, you learnt about the change management models suggested
by Kottler, Lewin and Axley. The following image compares Kotter’s eight
step model to Lewin’s five stage model.
You learnt about the range of questions given by Stephen Axley in 2000, that
organisations must initially address under the clusters of WHY? WHAT?
WHO? HOW? and WHEN?
The most positive aspect of this approach is that a manager or change leader
can appreciate that not all individuals can accept the change progress at the
same rate and to the same extent.
In this segment, you learnt about the four common errors that contribute to
failed change programs, which are as follows:
You also learnt that these errors can be minimised by focusing on the
following:
1. Senior governance sponsorship
2. Execution certainty
3. Enabling the leaders of the change management programme
4. Need for an engaged organisation
You also understood through an industry example how disengagement of the
business leaders, ignorance of business HR and neglecting employees’
individual interests results in hiring delays and poor quality of candidates.
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