1. Copyright ©2008 by Cengage Learning. All rights reserved 1 Chapter 7 Innovation and Change Designed & Prepared by B-books, Ltd. MGMT Chuck Williams

2. Copyright ©2008 by Cengage Learning. All rights reserved 2 Why Innovation Matters Technology Cycles Innovation Streams 1 1

3. Copyright ©2008 by Cengage Learning. All rights reserved 3 Managing Innovation Managing Sources of innovation Managing During Discontinuous Change Managing During Incremental Change 2 2

4. Copyright ©2008 by Cengage Learning. All rights reserved 4 Managing Sources of Innovation Creative work environments Workplace cultures in which workers perceive that new ideas are encouraged Flow The psychological state of effortlessness in which you become absorbed in your work and time seems to pass quickly 2.1

5. Copyright ©2008 by Cengage Learning. All rights reserved 5 Experiential Approach to Innovation Parts of Experiential Approach MilestonesMilestones Design Iterations TestingTesting Multifunctional Teams Powerful Leaders 2.2

6. Copyright ©2008 by Cengage Learning. All rights reserved 6 Compression Approach to Innovation Parts of Compression Approach Shortening Time of Individual Steps PlanningPlanning Supplier Involvement Overlapping Steps Multifunctional Teams 2.3

7. Copyright ©2008 by Cengage Learning. All rights reserved 7 Five Stages of Organizational Decline Blinded Inaction Faulty Action Crisis Dissolution 3 3

8. Copyright ©2008 by Cengage Learning. All rights reserved 8 Managing Change Managing resistance to change Managing resistance to change What not to do when leading change What not to do when leading change Different change tools and techniques 4 4

9. Copyright ©2008 by Cengage Learning. All rights reserved 9 Change Tools and Techniques Results-Driven Change General Electric Workout Transition Management Teams Organizational Development 4.3