Please enable JavaScript.
Coggle requires JavaScript to display documents.
Big Ideas in Organisations - Coggle Diagram
Big Ideas in Organisations
Mind Mapping
A new skill to help note taking.
A visual reprentation of notes and ideas.
Critical Thinking
Learn how benefits of critical thinking can be applied to my OU studies.
Pay more attention to detail presented with i.e. in case studies or readings.
Use and test the material and evidence you are being presented with.
Marketing
The development and concept of an idea with the intention to drive sales of a product or to promote an idea or value to others.
More aspects to marketing than just the price and a fancy advert that the consumer views.
Product life cycle can affect marketing and creation of new products.
Market research is very extensive.
The 4 P's - Product, Place, Promotion and Pricing.
Operations
Operations strategy has a large part of play when formulation big ideas in business.
Decisions made often about the best way to compete operationally.
Marketing and operations must work together for a promotion or new idea to be a success.
Finance
There is more than one to fund new business ideas.
Shareholders, Investors, Crowd-funding etc.
Smaller business often lack the same access to credit as large businesses.
Product Design
Many big ideas fail before they are brought to market.
A lot of time can go into the design process of a big idea in business.
Many products are launched and also fail because the timing in the market wasn't right.