[Download] "Organizational Innovation As Competitive Advantage During Global Recession (By Contribution)" by Indian Journal of Industrial Relations # eBook PDF Kindle ePub Free

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eBook details

• Title: Organizational Innovation As Competitive Advantage During Global Recession (By Contribution)
• Author : Indian Journal of Industrial Relations
• Release Date : January 01, 2011
• Genre: Finance,Books,Business & Personal Finance,
• Pages : * pages
• Size : 326 KB

Description

Innovation: The Concept Such has been the intensity of the current global recession that organizations as well as their human resources have been suffering from fear psychosis. This untoward financial meltdown has strengthened the contentions of management thinkers that if the corporate does not wear the mantle of innovation, it will die like dinosaur. There are corporations which purely swear by this particular mantra where the art of organizational innovation has been given prime importance and all micro and macro level organizational variables are tuned to have the characteristic features of a true innovator. The global corporations which may be ranked top 20 innovators of the world have in them in-built attitude of 'never-say-die' and have eye on achieving stimulating growth despite experiencing series of failures in their present state. These firms constantly and continuously keep on creating systems which unblock innovation and creativity by developing new processes, building innovation culture, and also to reward as well as recognize the innovators. Innovation is considered to be one of the key drivers of the long-term success of the firms' competitiveness in today's competitive markets (Baker&Sinkula 2002, Lyon&Ferrier 2002).

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