How to Transform an Ordinary Tech Firm into an Innovation Powerhouse

Hershey H. Friedman*, Linda W. Friedman**
* Professor of Business, Department of Business Management, School of Business, Brooklyn College, The City University of New York.
** Professor of Statistics & Computer Information Systems, Zicklin School of Business, Baruch College, The City University of New York.
Periodicity:September - November'2015
DOI : https://doi.org/10.26634/jmgt.10.2.3674

Abstract

Organizations that thrive in the highly competitive knowledge economy will need to employ the most creative people. A good idea could easily generate billions in profits for a company; being slow to adapt to changing conditions can destroy a firm. Innovative, engaged people are invaluable to an organization but have options and can easily find another job if dissatisfied. This paper describes what upper management must do to create a culture in which creative people are engaged, satisfied, and thrive.

Keywords

Knowledge Economy, Leadership, Employee Engagement, Creativity, Diversity, Workplace Bullying.

How to Cite this Article?

Friedman, H. H., and Friedman, L. W. (2015). How to Transform an Ordinary Tech Firm into an Innovation Powerhouse. i-manager’s Journal on Management, 10(2), 1-11. https://doi.org/10.26634/jmgt.10.2.3674

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