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Tuesday, February 4, 2014

Strength of Weak ties

Researchers have emphasized that weak ties tend to diffuse ideas or innovation more effectively whereas family stopping point, i.e. strong ties ar marvelous to provide advanced(a) information. However, the list proposed is that family finishs (strong ties/close-knit networks) argon adequate to(p) of innovation but when lead by a magnetized leader. With the chance upon aim to justify the above argument, deuce-ace key concepts of creative management are applied to an physical composition (case study) voluminous in value innovation. The triad main concepts discussed are grisly ocean schema (Kim and Mauborgne, 1999; 2005; Schnaars, 1994; Vandermerwe, 1993; 1995), magnetised leadership (Conger and Kanungo, 1987; Daft, 2006; folk and Howell, 1992; Klein and House, 1995; OConnor et al, 1995) and family goal focusing on close-knit networks and strong ties (Brass, 1995; Burt, 1992; hybridizing and Gioia, 1995; Granovetter, 1973; Kilduff and Tsai, 2003; Rogers, 1983; Tromp enaars and Hampden-Turner, 1997). The argument (key aim) and concepts are enriched further with example from chosen judicature (case study), Tata pigeonholing. The pieces 6th most innovative company, Tata Group is a family culture organization and under the leadership of rattan Tata (a charismatic leader) launched one of the worlds most innovative reaping Tata Nano in January this year (Economic Times, 2008). Defined below are three chosen concepts, blue ocean schema, charismatic leadership and family culture (focusing on strong ties/close-knit networks). Given todays realities, certainly competition is important for a firms success but doing the same thing better is no longer good enough for wooing, winning, and retaining customers (Vandermerwe, 1995, p.79). The blue ocean strategy involves not competing, but making the competition irrelevant by creating a new market space where there are no competitors (Kim and Mauborgne, 2005, p. 106). The second concept is charismatic leadership, according to OConnor et al (1995! , p.531) a...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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