Thursday, August 8, 2019

Medtronics Case Study Essay Example | Topics and Well Written Essays - 500 words

Medtronics Case Study - Essay Example If skim through the problems, it can be said that what they needed the most was to prioritize their innovation projects. However, initially coordination among the departments is required. A firm is defined from a market because coordination, learning and communication is not doe physically but on a mental level too (Kogut, Bruce, and Udo, 1996). The functional manager, in the first place, should not have zeroed their attention on only their job description but, flow of ideas and communication was to be regulated. Their second and most crucial complication was product development. (Leonard-Barton, 1992) talks about the core capabilities of a firm, which helps it to focus on the interaction with new product and process development projects. Thus, Medtronic should indulge technical systems, skills, managerial system and core rigidities to push out the innovation into the market. As knowledge is shared imperfectly across organization, employee, departments and market, ideas from one to another can solve innovation and development problem, but only if connection is prompt and timed (Hargadon, Andrew, and Sutton, 1997). Furthermore, as progress is made in product, it should be counterchecked at all crucial levels through speed, cost, innovativeness and quality. With the aid of these measures, company can make sure that the resources are available on time, every project is given attention one at a time, slow movers and lazy workers would not be tolerated and quality is above the consumer’s expectation. Furthermore, steps such as New Product Development (NPD) practices should be rigorously followed and Research and Development (R&D) departments needed to be given more recognition and awareness to innovate products (Wind, Jerry, and Vijay, 1997). Moving toward their last complication, the defaulted pace maker hinted that quality control and is direly needed in

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