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Started by : Radhakrishna Marar, Business Analyst, Oracle   05 08 2010 10:51:43 +0000
Industry : IT ServicesFunctional Area : Agile Innovation(Others)
Activity:  181 views;  last activity : 07 06 2010 20:18:09 +0000

Today the world has become competitive beyond ones imagination & it has become a fierce battle ground. This battle ground has one basic rule "INNOVATE OR DIE"..Different business organisations work hard to keep abreast of the competition.

Here one way find that teams play a very very essential role in realising the objectives of an organiisationn. these teams are made depending on their skills & core competencies.

So, what is the role of a team climate/team environment in the competitive world??

 
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1 Good Team Produces Good Results
2 Team that Analyze, Prioritize, Implement and deliver market demand first, WINS
3 bright ideas = more business

Good Team Produces Good Results

idea posted by Radhakrishna Marar Business Analyst, Oracle

The ability to develop innovative solutions and products can be a major source of competitive advantage for organizations. This is particularly true for research and development (R&D) organizations, whose function is to produce new knowledge, processes and products. R&D organizations have increasingly turned from department-based or matrix structures to team-based structures to achieve greater innovation. Teams are thought to be particularly appropriate for projects requiring innovation because they incorporate the views, skills and expertise of a diverse range of members.

Teams researchers have examined a number of factors that are associated with high levels of team innovation, such as team composition, leadership, team processes and the organizational context. Such research has focused on levels of innovation as the primary dependent variable.

However, for innovative organizations, this is only part of the picture. Also critical is the speed of innovation. The value of new products and processes may be severely limited if they arrive too late to beat a competitor to the market.

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Team that Analyze, Prioritize, Implement and deliver market demand first, WINS

idea posted by Jyoti Bhatnagar QA&QC-Executive Quark

To win, we need to have a team that has people who analyze market demands beforehand, prioritize needs correctly   and implement those demands efficiently with effective incremental delivery. Collective team effort is the key to success. Pool of people, who can implement chucks of the feature independently and in parallel though workings together, are always confident and self motivated.  Certain amount of competition and independence always brings out the best of a team member. In addition to technical knowledge, Exposure of team to market developments increases team focus, Time vs Cost knowledge increases team productivity and,  on the top of all healthy & supportive environment  keeps team motivated.

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bright ideas = more business

idea posted by Jayesh kenikar Software Engineer, Accenture

Market always evolves , the only thing constant in this world is change.

From my point of view appreciation for bringing up innovation ideas are the the key to successful business.Team should always be motivated & bring out proactive ideas which fuels innovation for the business.

After all, at the end of the day business thrives on BRIGHT IDEAS !! 

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