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Exam 3 Day 20-21
Business process, innovation, marginal creativity
27
Management
Undergraduate 1
12/09/2013

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Cards

Term
what do you have to do before implementing your business process?
Definition
before you streamline your business process, you need to examine your industry structure, choose your competitive stratagy, and link the parts of your value chain.
Term
what needs to be involved/considered when designing an information system?
Definition
when designing an information system, you need to enable your business processes, improve your value chain links to increase efficiency, support your competitive strategy, and influence the industry structure.
Term
5 part information system model
Definition
hardware, software, data, process, and people
Term
business process managment (BPM)
Definition
systematic way of creating, assessing, and altering business processes as needed by:
1. creating a picture of the as-is business process
2. identify areas where the process is constraining strategy
3. redesign process
4. implement process
5. create policy for ongoing effectiveness assesment
Term
automate processes
Definition
information systems can automate processes, moving work from the human side to the technology side
Term
transform processes
Definition
information systems can transform processes by redesigning processes on the human side to fit the technology side
Term
why do we try to design better processes?
Definition
we try to design better processes in order to have cost savings, increase revenues and make less errors.
Term
why is innovation so difficult?
Definition
innovation is difficult due to:
1. organizational inertia and cultural lock-in
2. working from the top down
3. innovation is disruptive by nature
4. not many c-levels come from operations
5. no real home for innovation in a company
Term
5 basic parts of an information system
Definition
1. hardware
2. software
3. data
4. process
5. people
Term
WGAD about BPM
Definition
in order to keep evolving and adapt, one must be able to understand what you're currently doing and how we could do it better. BPM is a circular process
Term
operational innovation
Definition
Term
progressive case study
Definition
progressive changed their process by creating roaming agents, cutting down the time of processing a claim, and obviously this new process made people happy because progressive grew 7X in sales in 10 years.
Term
individual aspects of creativity
Definition
personality, cognitive processes, abilities, relevant expertise, and motivation
Term
three components of creativity
Definition
expertise, creative-thinking skills, and motivation
Term
expertise
Definition
technical, procedural and intellectual knowledge
Term
creative thinking skills
Definition
how flexibly and imaginatively people approach problems
Term
motivation
Definition
intrinsic is more effective than extrinsic
Term
lateral thinking
Definition
provocation of our perceptions
Term
analogical reasoning
Definition
make the familiar unfamiliar
Term
mental leaps
Definition
transfer ideas across domains
Term
perspective taking
Definition
a fresh vantage point
Term
how do you form a provocation?
Definition
escape, reversal, exaggeration, wishful thinking, or random entry
Term
escape method
Definition
cancel, negate, drop, remove, deny, "escape from" what you take for granted
Term
reversal
Definition
go in the reverse or opposite direction from a usual sequence of actions to create instability
Term
exaggeration
Definition
greately exaggerate weights, speeds, dimensions, volumes and more to create instability
Term
wishful thinking
Definition
"wouldn't it be nice...?" stating an impossible fantasy or something you do not expect will happen
Term
random entry
Definition
introduce a word or image that has no obvious connection; bring the word and situation together to generate ideas
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