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Dr. Iris Berdrow

Dr. Iris Berdrow. Bentley College, Harvard Summer School. Wednesday July 25th. Check In Briefs Global Complexity Organizational Complexity National Context The World Business/INSEAD Innovation Index 2007 IMD World Competitiveness Center Database on the Competitiveness of Nations Wrap Up.

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Dr. Iris Berdrow

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  1. Dr. Iris Berdrow Bentley College, Harvard Summer School

  2. Wednesday July 25th • Check In • Briefs • Global Complexity • Organizational Complexity • National Context • The World Business/INSEAD Innovation Index 2007 • IMD World Competitiveness Center Database on the Competitiveness of Nations • Wrap Up

  3. One more time… • Product – tangible, can drop it on your foot • Service – intangible, do something for someone • Internal – strategy, operations, management, organization

  4. Implications for innovation • Meet unsatisfied need: • Same product/service, new features • New product/service, same features • New product/service, new features • Same product/service, same features, new market/use • Same product/service/market, new price/cost/internal components, etc.

  5. COMPLEXITY AND INNOVATION • Global Management Complexity • Global Innovation Complexity • Organizational Complexity Importance of knowing the where and why of complexity, remaining flexible, and collecting a toolbox of appropriate choices.

  6. GLOBAL COMPLEXITY • The complexity inerehent in doing business in a global economy comes from: • Multiplicity • Interdependence • Ambiguity • Flux • Managing this complexity through people requires: • Collaboration • Discovery • Architecting • Systems Thinking

  7. GLOBAL INNOVATION COMPLEXITY • Integrating multiple evolving technologies • Tapping globally dispersed technology sources • Serving globally distributed customers

  8. Global Partnering • Manage tensions (cross cultural and cross organizational) • Build networks (finding the right partners and acting like the right partner) • Achieve Outcomes

  9. ORGANIZATIONAL COMPLEXITY Top Management One area (business, function, geography) Specific Level Throughout Organization Placement of complexity determines needs and determinants of success Heywood, Spungin and Turnbull; Cracking the Complexity Code; 2007.

  10. National Differences • The World Business/INSEAD Innovation Index 2007, researched by Professor Soumitra Dutta and sponsored by BT, ranks nations according to their innovation performance.  http://www.metrics2.com/blog/2007/01/16/us_tops_world_businessinsead_innovation_index_2007.html • IMD World Competitiveness Center Database on the Competitiveness of Nations, published since 1989, ranks and analyzes how a nation's environment sustains the competitiveness of enterprises. http://www.worldcompetitiveness.com/online/Login.aspx (Username: Bentley, Password: Library1039)

  11. Is everyone an equal player? • Friedman claims the World is Flat • Technology has leveled the playing field across nations • Richard Florida, author of The Flight of the Creative Class claims the World is Spiky. • The most populated areas of the world are also the least economically and innovatively active.

  12. World Population

  13. Light Emissions

  14. World Patent Activity

  15. Scientific Citations

  16. Global Innovation Index • Generates a ranking of countries based on innovation. • Source: The World Business/INSEAD Global Innovation Index (GII). • The Global Innovation Index (GII) was conceived at INSEAD as a formal model to help illuminate the degree to which individual nations and regions are currently responding to the challenge of innovation. The framework groups the eight pillars of innovation into two categories: Inputs and Outputs.

  17. The five Input pillars:Institutions and PoliciesHuman CapacityInfrastructureTechnological Sophistication Business Markets and Capital These represent aspects which enhance the capacity of a nation to generate ideas and leverage them for innovative products and services. The three Output pillars:KnowledgeCompetitivenessWealth These represent the ultimate benefits of innovation for a nation - more knowledge creation, increased competitiveness and greater wealth generation.

  18. Human Capacity

  19. Knowledge

  20. World Competitiveness Report • The IMD World Competitiveness Yearbook, published since 1989, ranking and analysing how a nation's environment sustains the competitiveness of enterprises.

  21. http://www.worldcompetitiveness.com/OnLine/App/Index.htm

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