Innovation: Coming out with new way to do business - design - production - marketing - distribution - service. Innovation provides solution to unmet needs of current and potential consumers. Innovation needs creative thinking. The creative thought needs to be implemented by solving various difficulties that crop up during execution of plans.
Jeff Dyer, professor at Brigham Young University's Marriott School of Management and coauthor of "The Innovator's DNA," outlines the four ways leaders come up with their great ideas.
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Harvard Business Review upload
Uploaded on 15 Jul 2011
Some people have to become entrepreneurs. People with a keen eye to identify opportunites and come out with innovative solutions that offer products and services that are not available to people as per their desires.
Lectures in Entrepreneurship: Norman Bodek
Published on 15 Apr 2012
In 1979, after working for 18 years with Data Processing companies, Norm Bodek started Productivity Inc. - Press by publishing a newsletter called PRODUCTIVITY. At the time, he said he knew virtually nothing about the subject and had spent very little time in manufacturing facilities. But, he quickly became fascinated with the subject and went to Japan to discover the processes that was making Japan the world leaders in quality improvement and productivity growth.
in the last 28 years, gone to Japan 72 times, visited more than 250 plants and published more than I00 Japanese management books in English. As a fortune cookie once told him: "You have the talent to discover the talent in others."
Mr. Bodek said his claim to fame is that he found amazing tools, techniques and new thoughts that have revolutionized the world of manufacturing. He has met Dr. W. Edwards Deming, Dr. Joseph Juran, Phil Crosby, Dr. Kaoru Ishikawa, Dr. Joji Akao, Mr. Taiichi Ohno, Dr. Shigeo Shingo and many other great manufacturing masters and published many of their books in English.
Each person he met gave him a new perspective on continuous improvement. Mr. Bodek was one of the first to find and publish books, training materials and run conferences and seminars on TPS, SMED, CEDAC, quality control circles, 5 S, visual factory, TPM, VSM, Kaizen Blitz, cell design, poka-yoke, lean accounting, Andon, Hoshin Kanri, Kanban, and Quick and Easy Kaizen.
Mr. Bodek, who was once called "Mr. Productivity" by Industry Week Magazine and "Mr. Lean" by Quality Progress Magazine, said his most powerful discovery was the way Toyota and other Japanese companies opened the infinite creative potential often lying dormant inside every single worker.
When you unlock this hidden talent people become highly motivated and actually love to come to work," he said.
Mr. Bodek founded the Shingo Prize for Operational Excellence at Utah State University with Dr. Vern Buehler and is one of the few to be personally awarded the Shingo Prize.
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Jon M. Huntsman School of Business
Lectures in Entrepreneurship: Eric Jacobsen
Uploaded on 7 Feb 2012
Eric received a bachelor's degree from Stanford University. He has started, acquired and sold multiple companies. He was the founder and CEO of TNT Sound which was sold in 1983; vice president of MECA Software which went public and was sold to H&R Block in 1994; and founder and President of Home Financial Network which was sold to Sybase in 2000. Early in his career, he was an investment banker with Smith Barney. As a cofounder of Dolphin Capital, Eric has been involved in the acquisition of numerous companies. He has served as CEO of Winder Farms, and sits on the boards of Ragnar Events and Dynamic Confections. He also chairs the board of the Park City Education Foundation.
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Jon M. Huntsman School of Business
Jon M. Huntsman School of Business
Strategy of Market Leader http://nraomtr.blogspot.in/2011/12/strategy-of-market-leader.html
Samsung Case Part 3: Market Leadership
Uploaded on 21 Apr 2010
Reid Sullivan, senior vice president for Samsung Electronics, discusses Samsungs market strategy. He describes how Samsung's new 2View camera was successfully brought to market and transformed Samsung's position in the digital camera field.
