A disruptive technology is defined as a disruptive innovation that disrupts an existing market by creating a new market. When looking at innovation, we can say that there are two types of technological innovation, namely incremental and radical innovations. These two variances are quite distinct in nature. Incremental innovation takes an existing product and creates barely or minor changes to the existing technology, it is safe to say that most innovations are incremental in nature and involves small improvements to the already existing technology. There is no dramatic change to the design, just improvements of the product, service or processes.
Proper etiquette sets the tone for all stakeholders that the business has a productive and successful environment. Attention to etiquette is a sign of professionalism and respect for others, and it will create positive first impression and will protect the reputation of the company. Reputation consists of the perception that stakeholders develop through their accumulated experience of our business through direct contact and indirect contact. A good reputation amongst employees ensures better levels of morale and an increased ability to retain and recruit staff. The following communication etiquettes will be observed by all ADMA-OPCO employees: • Communicate with dignity and respect.
Verizon’s mission statement is known as the Verizon Credo. The Verizon Credo is a set of principles that describes their culture of integrity, respect, performance excellence and accountability ("Our Culture"). The Credo is a blueprint that directs Verizon to live up to the highest standards possible when serving their customers, shareowners, communities and each other ("Our Culture"). Verizon prides themselves on high-quality service. They list in their Credo that superior customer service is a number one priority to provide services that are of quality and is reliable.
Individual should be following under the overall group decision. Relying too heavily on a single employee to maintain the network was one of the reason to cause the collapse, because no discussion within a group, doing work all by themselves individually, meaning that they were only following what they thought, no other opinions were taken. Lesson 3: Keep your working knowledge current. Generally speaking, this lesson indicates that not only system need to be updated, people also need to. Without current, or we should say keep up to date knowledge, we cannot build an up to date
Smart is being able to get the best resources, applying the best techniques to your project and choosing the strategy in what you’re presenting to the performance of your client. Fast is making sure that everything is up to date on all current events, getting the project done on time too. Kindness is telling us that, we need to be respectful to anyone working on the project, contractors, co-workers and the client’s representatives. One Smooth Stone finds that values and culture are a very important part of their organizational structure. All these values are a part of the product the company
Six Sigma Metrics One of the most important differentiating features that has Six Sigma is the measure of performance in a process, it must be flexible and must be adapted to all kinds of process, it does not matter if it is a manufacturing process or providing a service or a management process. The main feature that must have this measure is that it can be easily expressed in economic terms. Almost all metrics that are being used in Six Sigma are based on defects or failures that occur in processes. There are several advantages when considering measurements in defects , some of which are: • Simplicity: Anyone can understand the difference between "good" and "bad", and associate it with "good" and "poor" or "success" and "failure". • Consistent:
He asserted that an organization should use only one out of these three so that company can achieve organizational goals without wasting its precious resources. The most essential part of these strategies is that it tells about the interaction between product differentiation, cost minimization and market focus strategies. Porter’s strategies are very useful for any type of organization as it helps in decision making and in obtaining future gains in advance. Still many people claimed that use of these strategies leads to lack of flexibility and specificity. (The Economic
Their involvement can be participative or consultative. In lassies-faire style of leadership, Leaders don’t exercise their control over employees and employees have freedom that they can do what they want without any hurdle. Outstanding leadership is defined as a leadership that demands having a right man in the right place (Mumford, 2008). He pointed out that there are three types of outstanding leadership: charismatic leadership, ideological leadership and pragmatic leadership. Charismatic leaders put emphasis on goal attainment and perceive
This principle identifies, understand and manage a system of interrelated processes for a given objective leads to effective and efficient organization. Next, continual improvement is a permanent objective of an organization. The seventh principle is the factual approach to decision making. This principle states that effective decisions