This book examines the differential effects of organizational structure and managerial perceptions of the external environment on the types of innovations adopted in the retail banking industry. Many innovations have been championed for the retail banking industry including standardization of services, reengineering, and increased self-service functions, to name but a few. However, successful adoption of innovation requires the backbone of a strong supportive organizational structure, environmental perceptions of managers, and innovation type improves, we may be better able to predict the likelihood that an innovation will be welcomed in a particular organization. A panel of retail banking executives was assembled for the study of these relationships. The individuals examined recent actual innovations in the industry and categorized each as to whether they were incremental, product, process, or radical innovations. A typology of innovations is revealed with four identified types of incremental innovation (outsourcing), product innovation (investment and mutual fund services), process innovation (optical imaging), and radical innovation (personal computer banking). Surveys were then administered to retail bank executives from 229 institution nation-wide providing evidence as to the extensiveness of adoption of the four types of innovations, organizational structure, and environmental perceptions.
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Inside This Book
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First Sentence:
The success of an organization is to a great extent influenced by its adeptness at fostering innovations within the constraints of its environment. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
only process innovations, only product innovations, fourteen innovations, perceived environmental complexity, innovation adoption process, perceived dynamism, innovation typology, retail banking industry, job codification, lower centralization, innovation adopters, process oriented organizations, personal computer banking, product oriented organizations, mutual fund services, total asset size, major process innovations, representative innovations, identified innovations, eight constructs, selected innovations, more radical types, four innovations, innovation types, research constructs Key Phrases - Capitalized Phrases (CAPs): (learn more)
Items Question, United States, Cases Predicted Group, The Research Problem, Total Cases, Chief Executive Officer, Polk Financial Institutions Directory New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The success of an organization is to a great extent influenced by its adeptness at fostering innovations within the constraints of its environment. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
only process innovations, only product innovations, fourteen innovations, perceived environmental complexity, innovation adoption process, perceived dynamism, innovation typology, retail banking industry, job codification, lower centralization, innovation adopters, process oriented organizations, personal computer banking, product oriented organizations, mutual fund services, total asset size, major process innovations, representative innovations, identified innovations, eight constructs, selected innovations, more radical types, four innovations, innovation types, research constructs Key Phrases - Capitalized Phrases (CAPs): (learn more)
Items Question, United States, Cases Predicted Group, The Research Problem, Total Cases, Chief Executive Officer, Polk Financial Institutions Directory New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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This book cites 23
books:
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- The Discipline of Market Leaders: Choose Your Customers, Narrow Your Focus, Dominate Your Market by Michael Treacy in Back Matter
- Strategic Management by Arthur A. Thompson in Back Matter
- Inside Corporate Innovation by Robert A. Burgelman in Back Matter
- Marketing Research Im by CHURCHILL in Back Matter
- Diffusion of Innovations, 5th Edition by Everett M. Rogers in Back Matter
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