Escolar Documentos
Profissional Documentos
Cultura Documentos
Innovation Process
Presented by Minh and Yothaka
Content
Background of 5 generations of innovation process
The need toward 5G process
The characteristic of 5G
The case adopting and mastering the 5G
Conclusion
5th generation
The model named as System Integration and Networking.
It emphasised the learning that goes on within and between
firms.
It also emphasised on vertical relationships.
The process relied on the use of sophisticated electronic
tools to increase the speed and efficiency of new product
development.
The characteristics of 5G
Underlying strategy elements:
Time-based strategy (faster, more efficient product development). Development focus on quality and
other non-price factors.
Emphasis on corporate flexibility and responsiveness.
strategy.
Strategic integration with primary suppliers.
collaboration.
Electronic data processing strategies.
Conclusion
The fifth generation is predictive and open-ended
The theoretical background of the 5G model is the extension of a three
generation model developed in 1991
3G model was used to categorise a series of organizational interventions
by which R&D could be used as a strategic, competitive weapon
4G, this is optimized deeper; business processes are managed in
parallel and integrated
5G model developed from the 4G process added a stronger focus on
technologies that enable innovation
Thank You