Innovative Behaviour

Masters
Essay
Business
Pages 6 (1506 words)
Download 0
Large firms can easily innovate as compared to smaller firms. Large firms have more capital to infuse into innovative changes because many smaller firms lack the money to invest in many innovative changes. Further, many smaller firms can easily innovate. Also, there are many factors that constrain large companies to innovate faster than small companies…

Introduction

However, some cost reductions may work against the company. Plus, there are other evidences that small companies can overtake the big companies because of innovation. And, another good example of innovation is the case of Xerox and the small copiers. Plainly, companies should not innovate and reduce production costs blindly. Plus, another clear example of innovation is the RCA radio fallout. Finally, managers must forget the outdated and outmoded management strategies.
Section four entitled Strategic Innovation and Firm Size stated that Large firms can easily innovate as compared to smaller firms. Large firms have more capital to infuse into innovative changes because many smaller firms lack the money to invest in many innovative changes. Likewise, clients prefer to deal with large firms as compared to smaller firms because large firms bring a symbol of stability and financial strength. Large firms also have the much -needed idle cash that it could use to infuse into research and development of new products and processes. Many smaller firms do not have the luxury of having excess money for researching and developing new products and processes. Likewise, large firms often market more diverse products than many smaller companies. Clearly, Large firms can easily innovate as compared to smaller firms.
Further, many smaller firms can easily innovate. ...
Download paper
Not exactly what you need?

Related papers

Organisational Behaviour
There is always a high demand for people having good communication skills and those professionals who are young and adaptive to change. To study the demographic factors is vital for a manger as it helps him in selecting the best person for the job. In job interviews, managers are mostly looking for confident candidates and also those candidates that have good interpersonal and good communication…
Organizational behaviour
Company Profile 2ergo Group PLC is a proficient player in the mobile trade and marketing and is based in Salford Quays in England. Its areas of specialisation include, provision of software solutions, mobile entertainment, mobile website, mobile news. Their services are utilised in smart phone and mobile phone marketing, smart phone applications, mobile ticketing and coupons and secure payment…
Report - Innovative team Management Plan
In addition, several global organizations focus on workplace diversity program to integrate the employees of different cultural background with the organizational culture and values. It is important for an organization to develop effective and improved workplace culture to maintain significant and hazard free business operations. Team Goals Leading organizations always try to develop effective…
Innovative Process
The company mostly followed the criteria of a "technology push" for its innovative process where the emphasis was mostly given to R&D without so much input from a user perspective of market perspective. However, as it is shown in the present study, the company was able to do admirably well in the various sectors it went after primarily due to the unusual yet productive and creative environment it…
Innovative Behaviour
However, some cost reductions may work against the company. Plus, there are other evidences that small companies can overtake the big companies because of innovation. And, another good example of innovation is the case of Xerox and the small copiers. Plainly, companies should not innovate and reduce production costs blindly. Plus, another clear example of innovation is the RCA radio fallout.…
Innovative Behavior
There will however be a gap between organizations intention or desire to be innovative and their actual behavior in being so. There may be difference in the extent and content of innovative behavior. This will be true of organizations big or small, but the question arises whether size of an organization has a correlation with innovative behavior of organizations. What are the circumstances in…
Innovative Organisations
In this paper, the author presents the characteristics of innovations of General Electric (GE). The presentation includes history of GE, innovation characteristics of GE, the most innovative service of GE and the perspective of how the author can contribute to the innovations of GE.…