Systematic Chasing for Economic Success: An Innovation Management Approach for German SME's in Drive Technology Business

Systematic Chasing for Economic Success: An Innovation Management Approach for German SME's in Drive Technology Business PDF

Author: Thomas Kamps

Publisher: Anchor Academic Publishing (aap_verlag)

Published: 2013-06-01

Total Pages: 120

ISBN-13: 3954895455

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The industry of the German drive technology is dominated by SME's, and must supply its products to customers around the world. In addition, this industrial segment is challenged by competitors from many other countries, and from customers with a variety of different needs. Therefore, there are two questions that arose for SME's. Firstly, ‘what is the best strategy to take an advantage in the competition’, and secondly, ‘how does the strategies can be used in the most efficient way.’ The structure, the essential needs and the boundary conditions will be derived from the analysis of the industrial segment. In addition, a suitable strategy that should take an advantage in the worldwide competition will be analysed and discussed. In the end, the author develops an innovative management process and a toolbox for SME’s to make this strategy applicable to a company.

Systematic Chasing for Economic Success: An Innovation Management Approach for German SME's in Drive Technology Business

Systematic Chasing for Economic Success: An Innovation Management Approach for German SME's in Drive Technology Business PDF

Author: Thomas Kamps

Publisher: Anchor Academic Publishing (aap_verlag)

Published: 2013-05-22

Total Pages: 125

ISBN-13: 3954890453

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The industry of the German drive technology is dominated by SME's, and must supply its products to customers around the world. In addition, this industrial segment is challenged by competitors from many other countries, and from customers with a variety of different needs. Therefore, there are two questions that arose for SME's. Firstly, 'what is the best strategy to take an advantage in the competition', and secondly, 'how does the strategies can be used in the most efficient way.' The structure, the essential needs and the boundary conditions will be derived from the analysis of the industrial segment. In addition, a suitable strategy that should take an advantage in the worldwide competition will be analysed and discussed. In the end, the author develops an innovative management process and a toolbox for SME's to make this strategy applicable to a company.

Organizations in the Face of Growing Competition in the Market

Organizations in the Face of Growing Competition in the Market PDF

Author: Anna Ujwary-Gil

Publisher: Institute of Economics, Polish Academy of Sciences

Published: 2019-01-01

Total Pages: 334

ISBN-13: 8361597603

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The essence of the functioning of any organization, whether commercial or non-profit, is to provide value to groups of recipients whose expectations undoubtedly change over time. Various competition mechanisms in the market apply to both business-oriented organizations and organizations operating in the sphere of public utilities. This monograph includes examples of the problems facing contemporary organizations, and at the same time provides evidence, confirmed by research results, that indicates the direction of current changes. The analysis of changes taking place in organizations was carried out in many dimensions. The content layout adopted in the monograph presents four research perspectives, where the subject of the research is the organization; the modern tools used in organization management, the impact of the market economy on organizations, and sectoral or industry aspects of the organization’s functioning. In the first chapter, four studies related to commercial and non-commercial organizations have been collated. Researchers of academic organizations who in order to meet the expectations of students increase their activity in the field of entrepreneurship and their support for the most talented students. Both examples show the need to conduct research, develop knowledge about own activities, and focus on the needs of the environment. Entrepreneurial universities are open to the implementation of joint ventures with entities in their environment, which affect the development of the university, its students, as well as the entities. Entrepreneurship, which is based on the ability to take advantage of market opportunities, also creates opportunities for developing the ability to flexibly shape and adapt programs, methods and operating principles to the growing expectations of their environment. The ability to develop your potential as well as the potential of your students plays a crucial role. In the pursuit of excellence, a strong focus should be placed on talented students and the development of all possible forms of support that could determine an output of graduates with particularly high development potential. In the research presented in this monograph, the authors compare the activity of universities in the USA, the Netherlands, and Poland in the area of talent development. The comparative analysis becomes a valuable source of indicating imperfections, but also examples of potential forms of positive activity in this area. Equally important in this part of the monograph is the research on the learning organization. Through a bibliometric analysis, the author identified the fields of research on the learning organization. In addition to research areas related to various dimensions, primarily human, cultural and managerial, the types of organizations in which such research is most often conducted have been indicated. They also include the organizations of the two sectors presented: education and healthcare. The same part of the monograph also presents the results of research in the hotel sector, where the main research problem was the creation of customer value, taking into account the conditions stimulating the dynamics of the business models of hotel enterprises. Referring to business models was considered important because of the significance of decision-making patterns that help to build a competitive advantage and achieve market success by creating value for customers. The concept of creating value for customers is currently treated in cross-sectoral or industry categories and is a universal approach to managing organizations. The second chapter of the monograph presents research on the modern tools used in organization management. Concepts such as work–life balance, shaping the innovation process within the framework of decisions taken in the process, marketing communication, or the use of gamification in research and development, are examples of a wide range of relationships between today’s organization and its surroundings. Finding employees, and retaining them, is also a growing challenge in developing countries, where labor supply is steadily decreasing. The expectations of employees are increasing, especially in relation to respecting the personal, non-professional side of life. Thus, it should be recognized that research on work–life balance is a developing space for organization and management researchers. Modeling the innovation process in an organization is another research trend that is important today, especially in terms of developing competitiveness. Decision-making is one of the key components of the innovation process. This aspect, in qualitative terms, was presented in the next study in the second part of the monograph. Similarly, marketing communication is invariably an important area of research in organizations, which has evolved due to rapidly developing information technologies and, at the same time, the changing preferences of users of these technologies. The last study in this second part of the monograph relates to innovation and the use of computer games. The tools of gamification are used to shape the attitudes of individual energy consumers. The observations presented show that it is worth making attempts to use unconventional methods and tools, in this case, to develop customer knowledge and strengthen the behaviors desired in the energy market. The third chapter of the monograph is devoted to the financial aspects of the functioning of commercial and non-profit organizations in a market economy. Increasing the efficiency of public entities, specifically conditioned in economic policies and dependent on political decisions, has been the subject of numerous studies. The research study presented in the monograph refers to the relationship between financial strategies and profit management in public industrial companies listed on the Warsaw Stock Exchange. It is worth noting that no research in this field has been conducted to date in the context of the Polish capital market. The next study refers to the French market. Its purpose was to evaluate and test long-term memory in the French stock exchanges. Research results contribute significantly to explaining the lack of consensus regarding long memory in stock returns. The research covers a significant, 25-year period of operation of the Euronext platform during which 6634 observations were provided. The conclusions of the study may be particularly important for regulators and risk managers. Another study presents the results of bankruptcy risk tests for Polish and Czech logistics companies using a comprehensive classification approach. As a result of the research, a tool for risk assessment and forecasting was developed, enabling the early prediction of bankruptcy of enterprises. At the end of the third chapter of the monograph, the results of health expenditure analysis based on information provided by the Health Account System are presented. Particular attention has been focused on the programming sources of financing healthcare in new European Union countries. Socio-technical and environmental aspects of the organization are the subject of interest of researchers presenting the results of their research in the fourth chapter of the monograph. The problems of economic migration and working conditions have been the subject of interest for many years in the strongly developing trend of labor market research. The research results contained in the study relate primarily to the issues of occupational safety of Ukrainians employed in Poland. These issues are gaining importance, especially when the number of people migrating from Ukraine to Poland in search of work has been growing for several years. In the face of such a large scale of Ukrainian immigrants employed in Polish enterprises, there is still a lack of regulations protecting or securing the interests of employees and employers. The next research presentation highlights the problems of the “circular economy,” which, according to the author, is developing too slowly in Poland. The research is valuable for systematizing the idea of a circular economy based on the theoretical and practical aspects of this phenomenon. The results of the analysis are also of practical importance for the process of modeling and implementing this idea in Poland. Further, the innovation paradigm of economic health and the prosperity of society is the subject of the research carried out, based on a review of the health economy considering innovation and its impact on population growth and prosperity in the world. The research particularly highlights the consequences of socio-demographic, environmental and business changes in the field of consumer goods. The socio-technical, as well as the environmental, aspects of the organization are also included in the last study presented. The purpose of this study was to identify the attitudes of IT employees in the Polish ITC sector towards remote work. Since the effective and efficient collaboration of distributed employees performing remote work has become even more necessary for the success of projects, numerous research works are being conducted focusing on the consequences of remote work. The presented research results are an important contribution to the discussion of researchers and management practitioners. By publishing this monograph, which covers a wide spectrum of research problems in contemporary commercial and non-profit organizations, the editors and authors presenting the results of their research express a hope that they are contributing to the widespread dissemination and enrichment of knowledge and, consequently, socio-economic development.

Management Control Systems, Decision-Making, and Innovation Development

Management Control Systems, Decision-Making, and Innovation Development PDF

Author: Dawid Szutowski

Publisher: Taylor & Francis

Published: 2021-10-03

Total Pages: 357

ISBN-13: 1000471896

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The systematic approach to innovation development today is one of the world’s most prominent scientific fields, and with good reason. When applied correctly, such system produces regular outcomes, which consistently drive lasting competitive advantage. Unfortunately, as much as it is beneficial, the orchestration of an undisturbed flow of multiple complex, dynamic, and flexible innovation development processes is structurally demanding. In this book, a recognised innovation management specialist sets the record straight, offering a comprehensive approach to the improvement of innovation efficiency with the use of management control system. Unlike other books on the subject, it proposes original representation – the CDI model – of the relationships between management control system, decision-making quality, and innovation system efficiency and explains why management control is fundamental to innovation management. In addition to that, inside the reader will find several original developments. These include: the info-deficiency (I-D) model, depicting the various parameters hindering decision-making in innovation development; the product innovation development (PID) system, offering the original function-based approach to innovation management; and the composite innovation index – specially designed tool intended to evaluate the efficiency of an innovation development system. It will be of interest to researchers, academics, practitioners, and advanced students in the fields of management, strategy, and innovation. Chapter 4 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license available at http://www.taylorfrancis.com

Innovation and Transformation

Innovation and Transformation PDF

Author: Martin Kaschny

Publisher: Springer

Published: 2018-05-30

Total Pages: 318

ISBN-13: 3319785249

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This book discusses a six-step transformation cycle in which the tasks of innovation management – ranked according to their relevance for companies – are placed in a systematic order. Presenting an in-depth discussion on innovation and transformation, the authors delve into strategic themes such as business models and strategic positioning, which are fundamental to the innovation process. It also describes the underlying processes and roles of innovation management, and the required organizational structures. Following process organization and organizational structure, the authors highlight how the appropriate human resource strategy should look and the manner of personnel selection or development to be implemented. The authors also provide tools and systems that are assigned to specific employees working with innovation management; these deal with innovation audit, knowledge management, idea management, financing and budgeting innovations, marketing and property rights. The book also sheds light on how the effectiveness of the innovation process can be monitored using indicator systems. This is a handy resource for managers looking for a structured strategy and how to implement it to achieve optimal innovation management and reap its benefits.

Low-tech Innovation

Low-tech Innovation PDF

Author: Oliver Som

Publisher: Springer

Published: 2014-10-28

Total Pages: 230

ISBN-13: 3319099736

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This book highlights the economic relevance of the so-called low-tech industries and firms. Non R&D intensive firms continue to be the economic backbone of several developed industrial countries. They form the core of National Innovation Systems and contribute significantly to growth and employment. However, due to their lack of R&D activity, they are easily overlooked in the general innovation debate. This book provides latest empirical findings on the current economic relevance and specific innovation strategies and management of non-R&D intensive firms in Germany. It discusses their future role in a knowledge driven economy as well as possible implications for innovation and technology policy. An outcome of several years of dedicated research conducted at the Fraunhofer Institute for Systems and Innovation Research (ISI), this book will prove of immense value to researchers and policy makers dealing with innovation and knowledge strategy.

Open Innovation and Business Success

Open Innovation and Business Success PDF

Author: Monika Gawarzynska

Publisher: diplom.de

Published: 2009-09-14

Total Pages: 117

ISBN-13: 3836635208

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Inhaltsangabe:Introduction: Innovation is a crucial topic in the study of economics, business, technology, sociology, and engineering. The questions asked in research nowadays focus not on it why innovation is important, but how to innovate and how innovation processes can be managed. Furthermore the discussion on innovation is about how to maintain strong economic growth in an era that is increasingly being defined by the globalisation of competition, major financial and demographic challenges. Recently the economy continues to upset the market and recession tempts to cut back on the investments in research and development in the organizations. But even now in spite of crisis and its impacts on the economy seems to be the perfect time to increase firms innovation efforts. The increasing competition processes and the development of Web 2.0 technologies (soon Web 3.0) are challenging the business to build more interactive relationship between the real-time market participants. The companies must nowadays find out how to achieve a competitive advantage for future. This paper presents the concept of Open Innovation, which can help public and private institutions achieve better performance or business success and at last win the competition with market rivals. Research motivation: Inspiration for this study was the report Innovation systems - the engine of the economy by Belitz and Schrooten from the German Institute for Economic Research. The authors provide in their analysis the international comparison of the national systems and examine Germany's international competitiveness, its innovation capability as well innovation performance. Researchers from one of the leading research institutes in Germany recommend bringing in action important activities for German innovation policy makers: - Investment in education with new educational approaches concepts to increase the willingness and ability for studding. - Promotion the innovation processes to large sections of the population. - Strengthening incentives for innovation. - Securing the diversity of the national innovation system. - Seizing opportunities from international integration. The DIW s suggestions are pointed out above to indicate on importance in the promotion of the innovation process and its popularization using the policy mixes. It is significant for German economy to support the innovative entrepreneurs at national as well local level. A worrying issue is that there have [...]

Measures for Innovating Business Models

Measures for Innovating Business Models PDF

Author: Oana Buliga

Publisher: Springer Science & Business Media

Published: 2014-04-02

Total Pages: 80

ISBN-13: 3658055359

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The literature on business model innovation mainly regards large enterprises and is not tailored to SME characteristics. Oana Buliga takes an exploratory look at whether SMEs use strategies which are mainly designed for large enterprises for innovating their business models. The results show that SMEs generally follow successful innovations of large enterprises. Another main finding is that SMEs innovate intuitively: from common sense changes to bold innovations, which severely reshape the value creation systems on the whole. Yet, business model innovation is still a rather ambiguous term and depends on what is considered to be the industry-standard.

Enabling Innovation

Enabling Innovation PDF

Author: Sabina Jeschke

Publisher: Springer Science & Business Media

Published: 2011-10-08

Total Pages: 469

ISBN-13: 364224503X

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The capability to innovate in an on-going manner is emerging as a decisive key factor in today's world of business and work. The ability to stay competitive is becoming identical with the ability to innovate. This book originated from the research and development project “International Monitoring” and outlines the topic of innovative capability from a practice-oriented angle. Contributions of German and international experts offer an enlightening glimpse behind the scenes of innovations. The central issue is not the description of features of successful innovation processes or how innovations can be efficiently controlled and managed, but under which conditions they can emerge in the first place. In what way can individuals, organizations, networks and societies be enabled to continuously induce innovations?

Innovationsmanagement in KMUs, Open Innovation mittels Endkundenintegration am Beispiel der Lebensmittelbranche

Innovationsmanagement in KMUs, Open Innovation mittels Endkundenintegration am Beispiel der Lebensmittelbranche PDF

Author: Liane Wöchtl

Publisher:

Published: 2012

Total Pages: 142

ISBN-13:

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Die Lebensmittelbranche, ist ein wichtiger Wirtschaftszweig in Österreich und hat einen KMU-Anteil von 98,9 Prozent. Aufgrund von harten Wettbewerbsbedingungen und der Wirtschaftskrise, ist die Finanzkraft der KMUs geschwächt. Außerdem ist der österreichische Lebensmittelmarkt stagnie-rend und gesättigt. Darüber hinaus zeichnet sich die Lebensmittelbranche, eine Low-Tech Industrie, durch ein traditionelles und konservatives Käuferverhalten aus. Zur Stärkung der Wettbewerbs-fähigkeit, sind eine klare Geschäftsstrategie, sowie Innovationen, die den Kunden einen Mehrwert bieten notwendig. Erfolgreiches Innovieren und nachhaltiges Unternehmenswachstum sind durch gezieltes Innovationsmanagement erreichbar.Ziel der vorliegenden Masterarbeit ist es, einen Einblick in die Innovationstätigkeiten in der Lebensmittelbranche zu geben und herauszufinden, wie KMUs in der Lebensmittelbranche die Open Innovation Instrumente Lead User Methode, Ideen- und Innovationswettbewerbe, Toolkits für Open Innovation und Communities für Open Innovation, zur Durchführung von Open Innovation mittels Endkundenintegration, bewerten. Außerdem zeigt die Arbeit die wahrgenommenen Chan-cen, Risiken und Hemmnisse der KMUs zum Einsatz dieser Open Innovation Instrumente auf.Eine qualitative Befragung von zwölf Geschäftsführern lebensmittelproduzierender KMUs zeigt auf, dass diese bereits unbewusst Open Innovation durchführen, dass die Open Innovation Instrumente jedoch kaum bekannt sind und kaum von den KMUs eingesetzt werden.*****The food industry is a significant industrial sector in Austria, and small and medium sized enter-prises (SME) make up 98.9 percent of this industry. Due to harsh competitive conditions and the economic crisis, the financial strength of the SMEs has weakened. Moreover, the Austrian food market is stagnant and saturated. To strengthen the competitiveness of SMEs, a clear business strategy with innovation activities is necessary. This will add value to the companys products and services. Companies can achieve successful innovations and company growth by doing systematic innovation management in this industry which is low tech, is characterized by a low level of complexity, with short life cycles, and short-term trends. The goal of this Master thesis is to give an insight into the innovation activities of SMEs in the Austrian food industry. Moreover the thesis shows how SMEs evaluate the Open Innovation tools, Lead User approach, idea and innovation challenges, toolkits for Open Innovation and communities for Open Innovation for the integration of the end consumer. Furthermore this thesis shows the opportunities, risks and obstacles for SMEs when performing Open Innovation.The qualitative research, in which twelve general managers of food producing SMEs were inter-viewed, shows that the SMEs are performing Open Innovation without knowing the term and the tools.