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Organizational Resources - Coggle Diagram
Organizational Resources
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Intellectual Property
is an organizational asset and needs to be actively protected and disseminated throughout the organization.
Access to Information
The inability to communicate adequate information at the appropriate level continues to limit performance.
Technlogy
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Four stages: Introductory phase, High-viability phase, Product phase-out, End of life,
Time
The time-to-decision: guided by timetable, manage cycle time
Distinct interacting element: time, timing, cycle duration
Distribution
Three distinct funtion: which organization sells its product, physical plant, customer services
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Customers
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Organization need to: know the cus needs, undertand how cus use the equipment/services
Categories of customers: Intermediate customer, Ultimate Customer
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Production Capability
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Question mus be considered: Will the proposed product be produced on existing equipment, or will new equipment be needed? If existing equipment is used, will it lengthen the development time? If new production equipment is necessary, what level of investment may be necessary?
Operational Facilities
Example:
Computer: using the best of available search engines provides the means for simplifying the acquisition of required data.
essential resource for innovators and help reduce the time from concept to implementation/ commercialization.
Finance
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Investment will vary on the scope of the innovation: Incremental innovation (not a problem), Radical innovation (require significant finding)
Financial resources required to fund: -People with new skills, upgrade information rsources, royalty payment on imported , new resources for markeing,sale,distribution
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