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Lecture Notes for MGT 3304 - Mgt Th & Lead Pract with Neck at Virginia Tech (VT)

Notes Information

Material Type:Class Note
Professor:Neck
Class:MGT 3304 - Mgt Th & Lead Pract
Subject:Management
University:Virginia Polytechnic Institute And State University
Term:Spring 2008
Keywords:
  • Product Departmentalization
  • Geographic Departmentalization
  • Departmentalization
  • Organic Organization
  • Change Efforts
  • Chain of Command
  • Planned Change
  • Customer Departmentalization
  • Line of Authority
  • Subordinates
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Sample Document Text

MGMT FINAL TEST Ch. 7 Organizational innovation – successful implementation of creative ideas in an organization. Creativity – a form of organizational innovation, is the production of novel and useful ideas. I. Why Innovation Matters Technology Cycles o Technology is the knowledge, tools, and techniques used to transform inputs (raw materials, information,…) o A technology cycle – begins with the birth of a new technology and ends when the technology reaches its limit and “dies” as it is replaced by a newer, substantially better technology  Ex: horse drawn carriages replaced with trains and automobiles o S-curve pattern of innovation  Steeper slope indicates that small effort will still result in significant increases in performance  Flat slope indicates further efforts to develop this technology will result only in small increases in performances. Indicates that the limits are being reached.  The new technology is represented by the second s curve.  The changeover between old and ...

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