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Z302 Chapter 11
Managing Change and Innovation
21
Management
Undergraduate 3
10/23/2012

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Term
Organizational Change
Definition
Adoption of a new idea or behavior by an organization.
Term
Disruptive Innovation
Definition
Innovations in products, services or processes that radically change an industry's rule of the game or producers and consumers.
Term
Ambidextrous Change
Definition
incorporating structures and processes that are appropriate for both the creative impulse and for the systematic implementation of innovations.
Term
Product Change
Definition
change in the organizations product or service outputs.
Term
Technology Change
Definition
change in organizations production process -- how the organization does its work.
Term
Exploration
Definition
designing the organization to encourage creativity and the initiation of new ideas.
Term
Entrepeneurship
Definition
managers put in place processes and structures to ensure that new ideas are carried forward for acceptance and implentation.
Term
Creativity
Definition
generation of novel ideas that might meet perceived needs or respond to opportunities for the organization.
Term
Idea Incubator
Definition
safe harbor where ideas from employees throughout the company can be developed without interference from company bureaucracy or politics.
Term
Horizontal Linkage Model
Definition
Model that shows that research, manufacturing, and sales and marketing departments within an organization simultaneously contribute to new products and technologies.
Term
Fast Cycle Team
Definition
Multifunctional and sometimes multinational, team that works under stringent timelines and is provided with high levels of resources and empowerment to accomplish an accelerated product development project.
Term
Open Innovation
Definition
extending the search for and commercialization of new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry.
Term
Crowdsourcing
Definition
Open innovation approach used by Threadless and other companies, taps into ideas from around the world and lets thousands or hundreds of thousands of people participate in the innovation process, usually via the internet.
Term
Idea Champion
Definition
person who sees the need for and champions productive change within the organization.
Term
Inventor
Definition
comes up with a new idea and understands its technical value but has neither the ability nor the interest to promote it for acceptance within the organization.
Term
Champion
Definition
believes in the idea, confronts the organizational reabilites of costs and benefits, and gains the political and financial support needed to bring it to reality.
Term
Sponsor
Definition
High-level manager who approves the idea, protects the idea, and removes major organizational barriers to acceptance.
Term
Critic
Definition
counterbalances the zeal of the champion by challenging the concept and providing a reality test against hard-nose criteria.
Term
New Venture Team
Definition
unit seperate from the rest of the organization that is responsible for developing and initiating a major innovation.
Term
Skunkworks
Definition
seperate small, informal, highly autonomous, and often secretive group that focuses on breakthrough ideas for the business.
Term
New-Venture Fund
Definition
provides resources from which individuals and groups can draw to develop new ideas, products or businesses.
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