Exam 11: Innovation and Change

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Which of the following is best example of radical change?

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Which of the following refers to excellent linkages between each department involved with new products and with relevant sectors in the external environment?

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What is a venture team?

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Explain the horizontal coordination model as it relates to new product development.

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Which of the following is characteristic of the ambidextrous approach?

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Many new product development teams today are global teams, because organizations have to develop products that will meet diverse needs of consumers all over the world.

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ABC Credit Union began offering a "Sweep Account" in which funds over $500 in a chequing account would be "swept" into a money-market, interest-bearing account until the chequing account reached $100, at which point funds from the money market account would be "swept" back into the chequing account. What type of change is this an example of?

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What is organizational development? Discuss three techniques of organizational development.

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Leaders who have taken their organizations through major successful transformations often have one thing in common: they focus on formulating and articulating a compelling vision and strategy that will guide the change process.

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Give two examples of organizations that have switched structures to maintain an ambidextrous approach.

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Employee inputs may be sought, but top managers have the responsibility to direct the change.

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Ideas are generally NOT seriously considered unless there is a perceived need for change.

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What are the two cores in the dual-core approach? How does the implementation of change differ in those two cores?

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The recently elected (volunteer) president of a local charity came into office on a whirlwind of campaign promises to revitalize the organization. But after a month into his term, cooperation from the volunteer staff evaporated, and they seemed to turn on him, resisting every change he attempted to implement. They knew him well because he had been VP for two years, but now they charged that every change he proposed would result in poor press for the charity. What steps should the president take to overcome barriers to change?

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Why is corporate entrepreneurship important for organizations looking to encourage innovation?

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A switching structure is one that switches back and forth as needed between product and matrix in form.

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A new-venture fund provides financial resources for employees to develop new ideas, products, or businesses.

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Idea champions are usually one of two types-either a technical/product champion who is devoted to ideas for technological innovation, or a management champion who sponsors ideas to shield and promote them.

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Structure and system changes are usually bottom-up, mandated by lower management, whereas product and technology changes may often come from the top down.

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According to Project SAPPHO, which of the following approaches is most likely to make new products more successful?

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