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Driving Congruence in Capabilities
Strategic innovation for sustainable growth: reviews of existing capabilities theories, and new propositions
Driving Congruence in Capabilities
Strategic innovation dynamically brings about strategic positioning through new products, services and business models, and is a dynamic view of strategy that enables a large corporation to maintain its competitiveness and establish sustainable growth. For these reasons, large corporations have to be innovators that can reinforce their existing positions (businesses) through incremental innovation, while at the same time constantly renew or destroy existing business through radical innovation. From detailed reviews of existing capabilities theories (resource-based theory of the firm, dynamic capabilities, and so on), and further theories deeply related to the characteristics of corporate or organizational capabilities and field data on sustainable growth of global corporations, this chapter presents the concept of a “Capabilities Map” derived from existing research into the characteristics of dynamic capabilities responding to environmental conditions such as dynamic temporal shifts and factors of uncertainly.
Thomas Garavan, Alma McCarthy and Ronan Carbery
This chapter charts the landscape of international human resource development (IHRD) and engages with four key strands of IHRD scholarship that point to its possible boundaries. The chapter maps out a number of contextual drivers that are shaping IHRD as both an academic field of research and a set of organisational practices. The chapter proposes an overarching framework to conceptualise the terrain of IHRD. The chapter summarises the focus of the Handbook and summarises the individual chapters and how they are organised. Finally, the chapter proposes a number of priority research areas that will help to give the construct legitimacy as a field of research. The chapter engages in these debates while also acknowledging the emergent, dynamic and constantly evolving nature of the IHRD field.
Richard Hawkins and Knut Blind
This introduction explores the conceptual background and definitions that pertain to understanding standards and standardization in the context of innovation. A general overview is provided of the themes explored in the chapters that follow.
Marika Lüders, Tor W. Andreassen, Simon Clatworthy and Tore Hillestad
In the introductory chapter, the editors respond to the fundamental goal for any firm: to maintain and build customer trust. The overall themes of the book are innovation, trust and customer experience. The book’s title – Innovating for Trust – reflects trust as an antecedent to adoption and commercial success, as well as an outcome of adoption and commercial success. In short, managers and innovators need to build trust into all activities of innovation. The chapter starts by defining and discussing the notion of innovation. Attempts to innovate are ultimately about forecasting what the future entails, and what customers may want. Innovative capabilities consequently include creative change thinking; not as an isolated act of a genius but as acts of picking up signals of change and opportunities. Also discussed are dimensions and types of innovations, and the editors distinguish between radical and incremental innovations, on the one hand, and sustaining and disruptive innovations, on the other hand. The notion of the innovation journey as a guide for reading the book is offered, together with an overview of the main contributions of the different parts of the book.
Creating Business Models with New Forms of Innovation
Stephen Flowers, Martin Meyer and Jari Kuusisto
This is an introductory chapter that outlines the main context for the book – the shift in the ability of users and others to mobilise and coordinate the resources required in order to innovate. This book provides a detailed account of the way in which goods and services are produced and consumed at the new frontier of innovation. Each of the chapters explores a different aspect of this developing frontier and provide detailed case studies of the different forms the processes of creation and consumption are now taking. This is not an exercise in prediction, rather it holds up a mirror to what is happening around us and provides a new toolkit to help make sense of complex and confusing situations. The exciting, or disturbing, reality is that the real-world cases presented throughout the book provide illustrations of possible futures for firms, sectors and entire industries.