- •Introduction
- •Profile: meet James Franklin
- •Welcome to Insead
- •Scientists tell us why we don't like Monday
- •Rush hour etiquette in Tokyo
- •Mr and Mrs Boss
- •The right person for the job
- •Hi, I'm on the plane at 39,000 ft
- •Travel agents or the Internet?
- •Is 'Power tea' the new lunch?
- •How to ... Have a successful business lunch
- •So you want to be a mail order entrepreneur?
- •How to buy almost everything
- •The Book People
- •Too young to manage
- •A new energy drink
- •Older people, new markets
- •The world's most respected companies
- •Krispy Kreme
- •The spam debate
- •Work and play in Dubai
- •'Se habla espanol' isn't enough
- •Applying for business school
- •WeWantWork
- •Innovative difficulties 1.
- •Innovative difficulties 2.
- •Getting ideas across
- •Reaching the smokers
- •Computers as a colour experience
- •Personal time management for busy managers
- •Hope for dying housing estates
- •Starting every day with a song
- •Teamwork and success
- •Negotiating by e-mail
- •The future is mediation rather than litigation
- •A price that’s hard to refuse
- •Sarah to the rescue
- •New products for the cyclist
- •New medical products
- •Literature
Innovative difficulties 2.
Level of difficulty **
Before you read
What does your organisation or institution do to encourage new ideas?
Reading
Read this article from the Financial Times and answer the questions.
Getting ideas across
Why can't companies produce more innovative ideas? Because the structure of large organisations is against innovation, and they are too conservative. New
ideas also often threaten the profits of existing products and services.
Now, two books* have examined the problems of innovation in large organisations and what companies can do to develop their employees’ ideas. There are some depressing stories. Being innovative can damage your career. Of the leaders of 12 innovation projects studied, four resigned from their companies, two threatened to resign and two were dismissed.
Several innovators felt they would be poorly rewarded if they succeeded and criticised if they failed. “The origin of a successful breakthrough project is often forgotten,” one innovator warned, “but a research and development effort that fails is never forgotten.” Many innovators are technically minded and find it difficult to explain their ideas in business terms. Many do not even see the business benefits of their ideas until these are pointed out to them.
Michael Skapinker
From the Financial Times
* Richard Leifer et al.: Radical Innovation, Harvard Business School Press, 2001 Michael Schrage: Serious Play, Harvard Business School Press, 1999
1. Number the paragraph summaries in the correct order. Two of the summaries are not used.
a) A lot of people with new ideas are more interested in technology than in business.
b) If you succeed with a new project, you don't benefit and your success is not remembered. If you fail, you are criticised and your failure is not forgotten.
c) Examples of innovations in the car industry are listed.
d) The structure of many organisations does not help innovation.
e) Two books give some interesting innovation stories.
f) Innovation in many companies is completely impossible.
2 Match the words 1-8 to their meanings a)-h).
1. innovative
2. conserve
3. threat
4. examination
5. depression
6. damage
7. resignation
8. dismissal
a) when you look at something closely
b) when someone feels sad and hopeless
c) when someone decides to leave their job
d) keep things as they are
e) when a company tells someone to leave their job
f) producing new ideas
g) harm caused to something h) danger
Now find words from the first two paragraphs of the article related grammatically to the words 1-8. For example:
innovative- - innovation
Over to you
Is it true that failures in innovation are remembered and that successes are forgotten? Can you think of examples?
Unit 14 Marketing
Beyond advertising.
Level of difficulty **
Before you read
What laws are there in your country relating to cigarette advertising? Do you agree with these laws?
Reading
Read this article from the Financial Times and answer the questions.