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What is Technology Innovation? Definition, Examples and Strategic Management

IdeaScale

What is Technology Innovation? Technology innovation is defined as the creation and application of new or improved technologies, tools, systems, and processes that bring about significant advancements or breakthroughs in various fields.

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Integrating corporate sustainability in strategic management

Norbert Bol

Based on a literature review of 114 peer-reviewed scientific journal articles it shows that sustainability is an important topic for managers but they just rarely consider it in strategic management. Many companies therefore still lack a strategic approach to integrating corporate sustainability into strategy. Literature.

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Embracing the Future: Fractional Executives and Generative AI

Tullio Siragusa

Here are specific examples of how these technologies can be applied: Strategic Planning and Decision Making AI algorithms can analyze vast amounts of data to identify trends, opportunities, and threats.

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Supply chain innovation – only through value creation!

Norbert Bol

An interesting example of value creation in the supply chain is when “ coopetition ” takes place. New products or process developments that are only a tradeoff between the supply chain participants where there is no value creation in the supply chain (meaning it is only a zero-sum game), will not lead to sustainable innovation.

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The Fall of Peloton

Michael Roberto

I've watched the fitness industry closely over the past few years, ever since I wrote a strategic management case study about Planet Fitness. Finally, Peloton is an example of a firm that may simply not be able to sustain the pandemic-driven demand surge as we move (hopefully) beyond the pandemic.

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How a Strategic Planning Process Impacts Communication Options

BrainZooming

When only top management participates in a strategic planning process, relying on verbal communication of the plan can be dubbed “Drip and Wonder(?).” ” We found ourselves in this situation in the example above. Related posts Strategic Planning Exercises – Have you tried a Zoomference yet?

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How Technology is Helping More Businesses Improve Productivity

The Human Factor

It makes for easy access to resources and information, which can make all the difference between passable and strategic management. You can manage better when you can stay in the loop all the time. Seamless project management. They understand that the goal can be lost if the leader does not set an example.