Week 11 Reading Reflection

You Need an Innovation Strategy

1. I was surprised to hear that all of Corning's R&D was centralized. I understand the want of collaboration, but with so many people I would be surprised if group think hasn't had any effects. With technology these days it is possible to collaborate across the world.
2. Even if you have an innovation strategy, I would think that different parts of the organization would pursue different priorities. I guess it depends on how the different parts are measured for success, but if they aren't measured based on innovation, I would think they would lean towards financial/sometimes short run goals.
3. Question 1: So copying someone else's innovation strategy won't necessarily work for your business, but if they are within the same industry do you have a better chance of successfully copying someone's strategy? Question 2: How often do disruptive innovations or radical innovations fail? Are they likely to meet resistance from upper management because they don't align with competitors' practices or their own?
4. I agree that creating complementary products can be a benefit, like apple iPhone and iPad collaborating with each other so that iPhone users are more likely to buy and iPad, but sometimes the limitation companies create for their products that won't allow them to sync with competitors can be an issue and cause people not to buy their product to begin with.