Pronursingexperts.com empowers students by providing them with the tools they need to succeed. By alleviating the burden of homework assignments, students can focus on gaining a deeper understanding of their coursework, engaging in extracurricular activities, and developing essential life skills. Academic success is not solely about grades; it’s also about building confidence. When students receive well-researched and impeccably written assignments from Pronursingexperts.com, they gain confidence in their abilities. This newfound confidence often translates into improved performance in their classes. In the ever-evolving landscape of education, Pronursingexperts.com stands as a beacon of support, guiding students towards academic excellence. With its unwavering commitment to quality, individual attention, and timely delivery, Pronursingexperts.com has rightfully earned its reputation as the best academic writing company. By assisting students in their academic endeavors, this platform is not just completing homework; it’s building the foundation for a brighter, more successful future for students around the world.

Business Policy and Strategy

Examples for Managing Innovation

This week’s discussion focus is technology innovation, through the use of examples that we research and share. Before we begin this discussion, please review an example of a company who used strategies to exploit a new era of digitalization and benefited from it, “Lowering the Cost of Ultrasound Equipment through Digitalization.”

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

This example shows how a company reached a previously untapped market niche by digitalizing a product, which also allows the firm to reduce expenses. Thus, digitalizing can support a firm that is pursuing a simultaneous advantage in differentiation and cost leadership.

Managing Innovation Example

The ultrasound unit is an important diagnostic tool, producing images of organs. The technology is very valuable, but the equipment is bulky, heavy, and expensive, so it is used primarily in dedicated hospital facilities. ATL, a leading ultrasound company, decided to reduce the size of an ultrasound set-up to about the size and weight of a laptop computer. This would be accomplished by replacing many of the machine’s solid circuits with software (in a process called “digitalizing”), reducing size and costs. The researchers reasoned that a portable and inexpensive ultrasound unit would find market opportunities in totally new niches. Smaller size and lower cost would allow the units to be placed on ambulances or into physician’s offices – market niches that were impossible to reach with the technology of the day. The researchers later became part of a project team within ATL, and thereafter became an entirely new company, SonoSite. Late in 1999, SonoSite introduced its first unit, which weighed just 6 pounds and cost about $25,000. SonoSite targeted niches that full-sized ultrasound products could not reach: ambulatory care and foreign markets that could not afford the more expensive equipment. In 2010, the company sold over $275 million of product.

Now it’s your turn, research a company that has managed an innovation and provide the story. Include, The company, the technology, the impact made with the innovation and short history of the industry and need for the innovation.

Along with providing your example, please answer the following question:

  • How are companies coming up with strategies to exploit and benefit from the new era of digitalization?

Note: This is for a forum discussion. 150 words are required.

Pronursingexperts.com recognizes that students often encounter challenging assignments that may be beyond their current skill level or require more time than they can spare due to their busy schedules. The platform steps in to provide valuable academic support by offering assistance with a wide range of assignments. Whether it’s a complex research paper, a challenging math problem set, or a literary analysis, Pronursingexperts.com ensures that students receive the guidance they need to excel. Every student is unique, and so are their academic needs. Pronursingexperts.com recognizes this and offers customized solutions. Students can communicate directly with their assigned writers, providing specific instructions and guidelines. This personal touch ensures that each assignment reflects the student’s individual style and preferences. Meeting deadlines is a critical aspect of academic success. Pronursingexperts.com understands this and prioritizes punctuality. The platform is known for its ability to deliver assignments promptly, even when facing tight schedules. This reliability allows students to submit their work on time, relieving them of the stress associated with late submissions.

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.