Kw15 Unit 6 Study Guide

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EMBA 2013 (KW15) Managing people for competitive advantage Prof. Martin Högl Reflection Notes by Rajesh Nair (January 2012) |Segment |Topic |Salient Points | |Salient points captured from SEGMENT 3 readings | |3 |Creating High |A successful team needs to know its boundaries and must be “real” and needs a compelling | | |Performance Teams |direction. | | | |The concept of…show more content…
There is lack of innovation coming out from these industries. By providing time and | |tested engineering solutions to customers the firms operating in this industry has matured and implemented efficient work processes to | |improve on quality and service. From my perspective, these firms must also form externally oriented teams who continuously interact with| |their customers and ‘live a day’ in their work to understand the needs and issues they run into. This approach using the concept of | |forming external teams will facilitate organizations to come out with innovative solutions for their customers and facilitate the | |process of innovation. | | | |Managers avoid implementing the ‘real’ concept of external teams as it increases costs in their operations and indulge in ‘eye wash’ | |approaches where people are encouraged to look beyond their organization or industry by following the Internet Search & Research

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