W2 Disc Innovation Organization Essay Example | Topics and Well Written Essays - 250 words

W2 Disc Innovation Organization - Essay Example Two guidelines that fuel innovation at Nike are: (1) asking questions on the organization’s competencies and its directions by understanding risks and opportunities; and (2) using scenario planning to â€Å"assess the potential impacts that external issues such as climate change or resource scarcity might have on NIKE† (Nike, Inc., 2014, p. 1). These guidelines are consistent with those behaviors which managers should encourage to ensure innovation is applied: (1) ask questions to identify opportunities and problems; (2) learn new skills; (3) assume a proactive stance and take risks; and (4) align personal values and beliefs with the organizational values and goals (White & Bruton, 2011). According to Nidumolu, Pralahad, & Rangaswami (2009), â€Å"the key to progress, particularly in times of economic crisis, is innovation† (p. 1). From the guidelines set by Nike, as well as lessons learned from White & Bruton (2011), innovation could be strategically managed through the knowledge of theoretical frameworks, and effectively applying these in contempory settings, toward attaining explicitly defined goals. Nidumolu, R., Pralahad, C., & Rangaswami, M. (2009, September). Why Sustainability Is Now the Key Driver of Innovation. Retrieved from Harvard Business Review:

International Business Essay Example | Topics and Well Written Essays - 1500 words - 5

International Business - Essay Example International business, provided with its nature is a principal determinant of international trade. One of the consequences on the growing achievement of international business ventures could be attributed to globalization. Trade assists in the prevention of conflict. International business fundamentally is concerned with trade, and provided that people trade, they essentially are in contact with each another. As an outcome, there is less separation that the countries are able to do. Provided that countries start to interact by means of trade, they are less expected to clash. This is also connected to the theory that democratic states are less probable to result to war with one another since they are interrelated and reliant on each others victory. There are several factors which affect the nature of international business and the companies that are involved in it. Firstly, there are challenges to the manner in which people belonging to these organizations balance their work and their personal life. Essentially, organizations should be able to work out resolutions to help boost their companies and to address this continuing challenges. However it would do well to discuss certain influences that present these challenges to international business. There are several factors which affect the nature of the organizations involved in International Business. Some of these are culture and tradition, the role played by key stakeholders, available resources in the community, public policies, as well as the demographics. Culture together with tradition affects the manner in which organizations as well as its personnel interact with each other. Culture and tradition have a tendency to affect the goal setting activity, work activity as well as feedback gathering and receiving of the organization. These two factors also have a propensity to affect the kind of allowances and rewards given, work-life interface and even