Innovation and Information Technology (IT)
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The document discusses innovation in information technology. It defines innovation as the process of creating something new that has value. It then explores drivers of innovation like financial pressures and changing customer expectations. The document outlines different types of innovation like products, processes, and business models. It argues that innovation is important for company stability, providing better goods and services at lower costs, and ensuring companies can adapt to changes. The document concludes by giving examples of innovations in fields like education, healthcare, and hospitality that are enabled by information technology.
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Innovation and Information Technology (IT)
- 1. Innovation in Information Technology Marlaina M. Love Senior, Management Information Systems The University of Memphis April 21, 2016
- 2. MIS Lightning Talks – March 26, 2015 2 What Is Innovation? The process and outcome of creating something new, which is also of value.
- 3. MIS Lightning Talks – March 26, 2015 3 Evolution of Innovation
- 6. MIS Lightning Talks – March 26, 2015 6 Drivers for Innovation Financial Pressures Increased Competition Demographic, Social & Market Changes Customer Expectations Changing Economy
- 7. Apple
- 8. What Happened to Blockbuster? 8
- 9. Why Is Innovation Important?
- 10. MIS Lightning Talks – March 26, 2015 Different Types of Innovation Products Process Service Business Model Value Market
- 11. MIS Lightning Talks – March 26, 2015 11 Company Stability Innovation creates growth, increases productivity, and economic wealth
- 12. MIS Lightning Talks – March 26, 2015 12 Better for Less Innovation provides better goods and services at a cheaper price
- 13. MIS Lightning Talks – March 26, 2015 More interesting work for employees
- 14. MIS Lightning Talks – March 26, 2015 14 Replication Old strategies get replicated, and consequently, margins get squeezed
- 15. MIS Lightning Talks – March 26, 2015 15 Survival
- 16. What About IT?
- 18. Higher Education 18 Social Media Digital Badges Google Glass & Wearables 3D Printing Digital Coursewre Virtual Reality
- 19. MIS Lightning Talks – March 26, 2015 Healthcare 19 Wearable Technology 3D Printing Digestible Sensors Cloud Base - RMS
- 20. MIS Lightning Talks – March 26, 2015 20 Hospitality • Self-Service • Concierge Service