Innovative Behaviour Essay Example | Topics and Well Written Essays - 1500 words

Innovative deportment - Essay ExampleHowever, some cost reductions may work against the company. Plus, there are other evidences that sharp companies can overtake the bountiful companies because of innovation. And, another good example of innovation is the case of Xerox and the teeny-weeny copiers. Plainly, companies should not innovate and reduce production costs blindly. Plus, another clear example of innovation is the RCA intercommunicate fallout. Finally, managers must forget the outdated and outmoded management strategies.Section four entitled Strategic transformation and Firm Size stated that king-sizing firms can comfortably innovate as compared to smaller firms. Large firms fork out more capital to infuse into innovative changes because many smaller firms lack the money to trust in many innovative changes. Likewise, clients prefer to deal with heavy(a) firms as compared to smaller firms because large firms work a symbol of stability and financial strength. Large firms also have the much -needed idle funds 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 various products than many smaller companies. Clearly, Large firms can easily innovate as compared to smaller firms.Further, many smaller firms can easily innovate. ... For example, a single proprietorship owner can immediately solve whether to fall up another branch in another city or not because he is merely responsible for himself. On the other hand. Many of the managers of large firms have to present their plans to set up a new branch in another city to the board of directors for approval. The board of directors many even pray for the bold and expansionist manager to present his or her feasibility study. Evidently, many smaller firms can easily innovate.Also, there are many factors that constrain large companies to innovate faster than small companies. One much(prenominal) factor is the board of directors. the board of directors will then take a longer time to decide among themselves whether to approve the managers plans to expand to a new territory. This only shows that there is lesser flexibility in the large firms as compared to the smaller firms. Many of the research and development department of large firms are usually over -organised to the point where there is lesser elbow room to innovate. Smaller firms can easily flex its trade muscles and the smaller firms officers can all all facets of the business due to its small size. On the other hand, It is standard for one person to only see one facet of the entire business because of the sheer size of the company. Surely, there are many factors that constrain large companies to innovate faster than small companies. For example, some big companies have lesser elbow room to innovate. The big firms marketing manager is only responsible for arriver the company quota in terms of sales. The big firms production manager is too focused on impact the minimum number of units that the marketing department