Technology and Market-Based Breakthrough Innovations – Case Study Example
The paper "Technology and Market-Based Breakthrough Innovations" is a great example of a case study on technology. Innovation plays a key role in various sectors of an organization improving efficiency, productivity and cutting costs of operation. An innovative plan leads to incorporation of processes that are cost-effective and low at the risks involved. This enhances the operation process because of the infusion of ideas that are more informed to replace the inefficient ones. The design of the 787 airplanes is a classic example of an impact of innovation on the operation. This aircraft was born not out of desperation but out of innovation of new features that made it better performing than the previous aircraft. Besides enhancing operations, the installation of innovation systems may cause higher costs of operation initially but cut costs at the end (Zhou, Yim, & Tse, 2005). The adoption of technology in an organization’s operation is the key driver of growth and development in organizations. How fast an organization implements technology determines the transformation of operations. The use of Information systems for organizations is one of the technological necessities that organizations are absorbing today. Technology in this form and others would facilitate the completion of operational tasks through procurement processes. Generally, technology fastens operation processes through automation and reduction of human labor. Through the implementation of technological advances, operations are fastened while in cases of sluggish implementation of technology, the operation is run on the normal pace ((Zhou, Yim, & Tse, 2005). The Dreamliner is a new product for the Boeing Company, several operation issues were encountered in its production. In terms of operation management, the delay in the release of the end product into the market was an issue of coordination. The preassembling of spare parts in different areas complicated the manufacturing process which eventually led to a delay. The new design of the play also presented safety related setbacks that had to be dealt with even after the plane was set to fly. In this context, management of the entire process from the design of the plane, the assembly of parts and test for safety, the operations management had been put to test. Operations management in organizations is a very dynamic field. It is subject to growing competition, fast-paced technology, demand and supply variations as well as the pressure for reinvention. The concept of a global network of suppliers is most definitely the future of operations management. Having a global network of suppliers is the reflection of an organization’s aggressiveness to counter competition, engage innovative ideas for positive trends in income and profits. For these reasons, a global network of suppliers is a definite end for goal-oriented organizations. While this contributes significantly to the quality of the output, it intensifies the operations by way making process tedious and complicated. Technology and innovation are proven to have a profound impact on operations management. Other factors other than this also affect the extent to which the consolidation of both strategies transforms an organization’s operations management. One of the factors is the level of preparedness before and way after the actual change process is reached. This includes the preliminaries of embarking on a change of process. Having clear goals or reasons to infuse innovative ideas or the compelling force is fundamental. More than this, thinking of twofold outcomes is very important (Tidd, Bessant & Pavitt, 2005). For the 787, the engineering team was better prepared for battery failure. The massive knowledge on an issue related to battery failure helped to offer timely response to make the dream liner what Boeing envisioned it to be.