1. Role of Innovation in Strategic Implementation Kanishk Kumar 3104984 7/22/2010 1 GSBS6060: Strategic Management

3. Why Innovation?

4. Types of Innovation

5. Learning & Innovation

6. Connecting Knowledge Management, Learning & Innovation

7. S-curve

8. Case Study-Microsoft

9. Conclusion7/22/2010 2 GSBS6060: Strategic Management

10. Introduction What is Innovation? “Innovation is the process of transforming ideas or inventions which are the point of departure into reality.” (Sundbo 2001) 7/22/2010 3 GSBS6060: Strategic Management

11. Why Innovation? Dynamics of a firm Pace of change in society State of discontinuous change Globalisation (Sundbo 2001) 7/22/2010 4 GSBS6060: Strategic Management

12. Types of Innovation Product Innovation Process Innovation Organisational Innovation 7/22/2010 5 GSBS6060: Strategic Management

13. Learning & Innovation Learning at various levels in the organisation Improvements in processes Implementation & management of change (Hubbard, Rice & Beamish 2008) 7/22/2010 6 GSBS6060: Strategic Management

14. Connecting Knowledge Management, Learning and Innovation 7/22/2010 7 GSBS6060: Strategic Management

15. S-Curve (Viljoen & Dann 2003) Performance Effort 7/22/2010 8 GSBS6060: Strategic Management

16. S-Curve (Viljoen & Dann 2003) Performance Effort 7/22/2010 9 GSBS6060: Strategic Management

17. S-Curve (Viljoen & Dann 2003) Performance Effort 7/22/2010 10 GSBS6060: Strategic Management

18. Case Study-Microsoft 7/22/2010 11 GSBS6060: Strategic Management

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24. Conclusion From Process to a Culture Helps manage this state of discontinuous change 7/22/2010 GSBS6060: Strategic Management 17

25. Thank You! Any Questions? 7/22/2010 18 GSBS6060: Strategic Management

26. References Hamel, G 2000, ‘Reinvent your company’, Fortune, 12 June, pp. 45-60. Hubbard, G, Rice, J & Beamish, P 2008, Strategic Management: Thinking, Analysis, Action, 3rdedn, Pearson Education, Australia. Sundbo, J 2001, The Strategic Management of Innovation: A Sociological & Economic Theory, Edward Elgar Publishing Limited, UK. Viljoen, J & Dann, S 2003, Strategic Management, 4thedn, Pearson Education, Australia. Wonglimpiyarat, J 2004, ‘The use of strategies in making technological innovation’, European Journal of Innovation Management, vol. 7, no. 3, pp. 229-250. 7/22/2010 19 GSBS6060: Strategic Management