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Showing posts from October, 2023

Week 8 Discussion

                                                                                          Week 8 Discussion Shukura Martin Colorado Technical University  Sun Microsystems, a prominent technology company, serves as a valuable case study illustrating the challenges of rapid technological change and its impact on innovation. In their case, the rapid evolution of technology significantly affected their product relevance and competitiveness (Välikangas et al., 2009). The article "Why learning from failure isn’t easy" highlights that effectively learning from incidents involves several phases, from acquiring information to planning interventions, intervening, and evaluating (Välikangas et al., 2009). These phases may be af...

serendipity, errors, and exaptation

                                                                                            Week 7 Discussion #2 Shukura Martin Colorado Technical University  Innovation most times follows a structured path, carefully planned and executed. However, some of the most remarkable discoveries in history arise unexpectedly through serendipity, errors, or exaptation - unforeseen avenues to innovation that are far from planned. Serendipity:  To me, serendipity embodies the delightful and unforeseen joy of stumbling upon something valuable when you least anticipate it. A classic illustration of this concept is the discovery of penicillin by Alexander Fleming in 1928. Returning to his laboratory after a vacation, Fle...

week 6 IP

                      The Importance of Scenario Planning     Shukura Martin     Coloardo Technical University  The Importance of Scenario Planning  In today's business environment, the ability to anticipate and adapt to change is paramount for the success of organizations.  One essential tool for achieving this is scenario-type planning, a strategic approach that goes beyond traditional forecasting and embraces uncertainty.  This essay analyzes the case study of Nokia's failure to adapt to the smartphone market and incorporates insights from a scholarly article titled "Scenario planning for innovation development" by Böhm, F., Fähling, J., Huber, M. J., Leimeister, J. M., & Krcmar, H. (2011).  By exploring Nokia's shortcomings and the benefits of scenario-type planning, we aim to understand how this approach supports planning and innovation in the face of change and addresses it...