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• New information about emerging threats and opportunities is obtained and assimilated through sustained connections Essay

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Below is an essay on " • New information about emerging threats and opportunities is obtained and assimilated through sustained connections" from Anti Essays, your source for research papers, essays, and term paper examples.

Connections and Conversations – Leads way to Innovation

• New information about emerging threats and opportunities is obtained and assimilated through sustained connections.
• Increasingly sophisticated needs of consumers can be met when employees of sales and marketing, research and production pool their joint ideas and resources to come up with innovative products and services.
• Managers should build teams that are transparent of NETWORKS /CONVERSATIONS within COMPANY OR CROSS BOUNDARIES.

Manage across boundaries: Issues and how they are solved:
• To manage across boundaries, Hard and Soft bonds should be actively built.
o Hard bonds: Formal relationships built around performance management.
o Soft bonds: Informal – personal relationships and friendships.
• Create practices and processes to form relationships within/across companies.
• Understand what innovation and hence, what knowledge are needed.
• Accordingly, build reflective conversations for creating creative dialogues.

Network of co-operative relationships – Strong/Weak ties:
• Hierarchical structure and formalized roles were supplemented by large network of roles and social ties – share knowledge.
• Strong ties are built among people who spend time sharing views/ideas and developing reciprocal understanding – tacit knowledge is developed.
• Weak ties are networks outside company – as they meet less often. But, they shape insights and perspectives towards creating new ideas.
• Peer Assist Concept: To encourage groups of managers from similar businesses to drive, share knowledge across company (eg. TPM).
• Peer Challenge Concept: To embrace performance management and resource allocation process. (eg. RM)

Network of co-operative relationships – Reflective conversations:
• It is sometimes harder to club teams of different mindsets and knowledge – to work on building...

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APA Citation

• New information about emerging threats and opportunities is obtained and assimilated through sustained connections. Anti Essays. Retrieved December 16, 2018, from the World Wide Web: http://cassandralynndesignllc.com/free-essays/Bull-New-Information-About-Emerging-Threats-And-258797.html