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NETW-583 Week 1 Discussion 1 – The Importance of Innovation | Download To Score An A

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NETW-583 Week 1 Discussion 1 – The Importance of Innovation | Download To Score An A

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WEEK 1: DISCUSSION - THE
IMPORTANCE OF INNOVATION
We hear the term “innovation” everywhere and are made to believe in its importance. For many
of us, innovation means providing ideas out of the blue, leading to significant discoveries and
achievements. However, there's more to it than that, This week, we will discuss the importance
of innovation for better understanding.

Please see the Weekly Discussions Grading Policy Reminder announcement for details
regarding discussion requirements and expectations.
Ronald Darnell
Aug 16, 2018 Aug 16 at 8:19am

Greetings,
Welcome to the beginning of class, let's get the discussion going. Draft and post a reply
to the following questions:

 Why do you think innovation is so important for firms to compete?

 Yet, why do so many innovation projects fail to generate an economic return?

Dr. Darnell
Ronald Darnell
Yesterday Sep 3 at 9am

Greetings,
I have a marvelous Monday and a happy holiday discussion question for you - enjoy!

 What are some advantages of technological innovation? Disadvantages? Please
elaborate.


Professor and class,

For startup organizations as well as larger established corporations, the five motivational factors
are: Leadership support (Support for technological innovation at the executive and
administrator level helps foster an organizational culture where innovation is encouraged, allows
for some level of risk, and strengthens the overall potential for success), Stakeholder
involvement (Involvement of senior leadership helps to map technological innovation efforts,
which is crucial to the direction of technology in organizations), Training (To sustain ongoing
use and stimulate future expansion of technologies, training is paramount. However, over time
training tends to become diluted by the daily activities of the employees and is further eroded by
the turnover of knowledgeable staff), Resources and financial support, (It is important for IT
leaders to budget for technological innovation; otherwise, you can easily get caught drifting in a



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, rapidly moving current with little control of your destination. IT leaders cannot take too many
chances in terms of innovation because that can be costly and have an adverse effect on their
budgets. However, playing it too safe can put IT leaders behind the curve and cause them to fall
short of meeting technological expectations), and Support from campus community (Skill
level of faculty, staff and students helps determine the success or failure of a technological
innovation because it impacts the adoption and use of the technology. Users’ ability and
acceptance of the technology are integral to adopting the process).

But if the technology is too complex or has little support from the campus community, a lack of
adoption may impede the probability of success. Regardless of how beneficial a technological
innovation can be to an institution, the benefits of that technology cannot be realized without the
commitment of the campus community, according to universitybusiness.com. Without the
committed support from each of these entities the innovation won’t have the ability to continue
to flourish.

Rapid changes in technology require higher education institutions to stay current to address the
needs of an evolving audience. Increasing expectations may be attributed to the technologically
savvy environment in which we live as well as to the advances in technology that are occurring
on a continual basis.

To help meet the challenges of this changing environment, IT leaders must continually seek new
ways to be innovative, wisely invest their scarce resources, and fully leverage new technologies
to realize their maximum value.

https://www.universitybusiness.com/article/5-factors-successful-technological-innovation
Ronald Darnell
Wednesday Sep 5 at 7:17am

Me'Tova,
Can you describe an example of how the Innovation S-Curve can be applied to analyze
the performance for an innovation for which you are familiar?

Ronald Darnell
9:20am Sep 4 at 9:20am

Greetings,
I hope the session is off to a good start for you. I have a Tuesday "teaser" question for
you discussion fun!

 What are the success factors of successful innovation? Please elaborate.




The following are factors that concede successful innovation: (according to
McKinney, Phil)



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