Innovation and Entrepreneurship at Optus Telecommunication Limited

Question: Discuss about the Innovation and Entrepreneurship at Optus. Answer: Introduction Optus is one of the leading and Australias biggest telecommunication. Owner of this corporation is SingTel and is headquartered in Singapore. The reason for Optus Limited great success is, for beginners it possess as well as functions its network framework and also utilizes the wholesales services of another brand names such as National Broadband Network and Telstra. Moreover, the corporation provides facilities directly to consumers as well as operates as a wholesaler to another brand names like Exetel and Amaysim. Amongst the wholesale services, Optus yes brand name proposal consists of Satellite and 4G mobile. Further, taking the above discussion into consideration this particular paper attempts to examine Optus Company from prospective of innovation and entrepreneurship. Concept of Innovation Innovationbasically means to take up advanced results, that assure new requirements, unspoken needs or current market requirements (Siltala, 2010). It is usually realized through the means of further effectivegoods,methods, services, technology, or ideas that are easily reachable tomarketplaces,governments and society. The theory of innovation can be illustrated as being distinctive as well as new that enters the marketplace or society (Strumsky et. al., 2010). It commonly specifies to different experience that are important in some or the other ways. An innovation highlights something different, inventive and importantin either area, business or society (Davila et. al., 2006). While, anything original is time and again defined as an innovation, in economics,management science and another fields of evaluation and practice. It is generally considered as amethod, that drags altogether numerous different thoughts in such a way that it maintains an impact on the society (Tiddet. al., 200 1). Furthermore, innovation is diverse from the terminventionin a way that innovation involves application of a better and hence, new procedure or concepts, whereas invention signifies introducing the process or concept by its own (Davila et. al., 2006). Innovation at Optus One of the foremost telecom provider in Australia that has achieved a high-quality acknowledgment is Optus. Since the time it has been formed, the company has observed great development in respect of goods, consumers and sales. Nevertheless, to assure such development continually, it is extremely essential for Optus to consistently develop new schemes and goods to provide its clients superior quality and eventually assure organizational growth. The corporation realizes the requirements very well for proposing innovative goods and facilities to its consumers on normal basis. Moreover, Optus devotes quality of time and assets for making innovative goods and facilities. For about a decade the word "Innovation" looks like a buzzword. It is an era where innovation is all over the place, influencing every phases of person's existence at company like Optus. Digital revolution may be troublesome as well as may give the feeling to some persons as not a part of the system (Tuomi, 2002). In order to achieve the complete advantage of such transformations, Optus enrols its whole team. However the term "innovation" can be ascertained as the liability of promotion teams or RD at Optus. It can realize its significance, however it does not seem to be an element of it. The task for the Optus managers is to introduce innovation in each phase of its company, on all stage, ateach achievable prospect, and engaging everybody. At Optus its objective is to be Australias much appreciated, innovative and suggested service brand name. Innovation supports all that is done, and recently it had guided it to existence to the corporation with the formation of the Think Big plan. It keenly persuades the person to imagine relating to innovation as an element of daily tasks, placing some time for cooperative brilliant ideas. Concepts are awarded via personal allowances and also as an innovation fund assigned to every segment, and the much assured ideas are formed via to ready-for-market goods. Through innovation embedded over the corporation it is conveying quicker and better answers to the clients. Moreover it has recognized a possibility to raise the influence of technology and innovation in the society. To exhibit the obligation to young determined innovation, it is in partnership with the Foundation for Young Australians Innovation Nation a youth directed conversation related to innovation as well as entrepreneur ship within Australia. Furthermore it has promoted 10 places as well as granted seed funding towards the Young Social Pioneers plan, opened for 18-29 year of age those who possess big concepts about the big query that How can we build a better Australia? Off the back of that success, The Future Makers plan was also launched in the year and signifies a stage transformation for innovation in the CSR space. It is searching for individuals and concepts which may transform the prospect for susceptible young people. The scheme may offer contestants with an accelerator plan and access to business networks and advisers, and six winner may receive grant up to $50,000 and supervision for about 18 months in order to advances its concepts. Additionally, one of the latest innovation at Optus is the introduction of auto-update feature. The Auto-update feature offers convenience and benefit to both customers and the company. Optus through auto-update feature regularly gets updated related to new products and services launched by the competing firms; latest requirements of the users; regions that need telecommunication services. Moreover, the auto-update feature updates the customers regarding the new products and services. It also updates them about the status of their request or query, if any. Innovationat Optus basically means to take up advanced results, that assure new requirements, unspoken needs or current market requirements (Siltala, 2010). It is usually realized through the means of further effectivegoods,methods, services, technology, or ideas that are easily reachable tomarketplaces,governments and society. The theory of innovation can be illustrated as being distinctive as well as new that enters the marketplace or society (Strumsky et. al., 2010). It at Optus commonly specifies to different experience that are important in some or the other ways. An innovation highlights something different, inventive and importantin either area, business or society (Davila et. al., 2006). While, anything original is time and again defined as an innovation, in economics,management science and another fields of evaluation and practice. Optus generally considers innovation as amethod, that drags altogether numerous different thoughts in such a way that it maintains an impact on t he society (Tiddet. al., 2001). Furthermore, innovation is diverse from the terminventionin a way that innovation involves application of a better and hence, new procedure or concepts, whereas invention signifies introducing the process or concept by its own (Davila et. al., 2006). Entrepreneurship Entrepreneurshipbasically implies towards the conception of developing and managing some newbusiness, which generally initiates as asmall business, providing a product, procedure or facility for rent or sale (Frankelius, 2009). Innovation and risk-taking are considered as being an important element of entrepreneurship. Moreover, at Optus high spirit of entrepreneurship can be observed within the workplace. Optus at all times lays high importance on making available innovative products as well as facilities to the users on continuous basis. Moreover, one of the latest innovation at Optus is the introduction of auto-update feature. The Auto-update feature offers convenience and benefit to both customers and the company. Optus through auto-update feature regularly gets updated related to new products and services launched by the competing firms; latest requirements of the users; regions that need telecommunication services . Moving ahead, entrepreneurship strategies adopted at Optus rev olve around new products, processes or services, investigation, application of technology, business intelligence and talent management. Conclusion To conclude, it can be clearly stated from the above discussion that Optus is acknowledged as one of the leading electronic retail corporations. The company has gained sound market position and recognition by offering superior and good quality products and services to its customers. At the same time, there exists the need for a company like Optus ensure continuous innovation of its products, systems and procedures. Continuous innovation is not just necessary for long-term sustainability and existence but also to retain existing and attract new customers. Regular innovation is highly necessary for a company Optus that operates in such highly cut-throat business environment with large number of companies offering similar products both online as well as offline. Additionally, one of the latest innovation at Optus is the introduction of auto-update feature. The Auto-update feature offers convenience and benefit to both customers and the company. Optus through auto-update feature regularl y gets updated related to new products and services launched by the competing firms; latest requirements of the users; regions that need telecommunication services. Moreover, the auto-update feature updates the customers regarding the new products and services. It also updates them about the status of their request or query, if any. The theory of innovation can be illustrated as being distinctive as well as new that enters the marketplace or society (Strumsky et. al., 2010). It commonly specifies to different experience that are important in some or the other ways. The main task of Optus administrators is to build an atmosphere where such deeds are welcomed and individuals are strengthen as things don't goes right. Innovation shall start to develop as its unsuccessfulness is celebrated and individuals are known for just having a go Undoubtedly "Innovation" isthebuzzword and shall forever be thrilling whenever utilized in the correct perspective. It unlocks prospects for persons and companies to build a healthier tomorrow. Moreover, one of the latest innovation at Optus is the introduction of auto-update feature. The Auto-update feature offers convenience and benefit to both customers and the company. Optus through auto-update feature regularly gets updated related to new products and services launched by the competing firms; latest requirements of the users; regions that need telecommunication services . Moving ahead, entrepreneurship strategies adopted at Optus revolve around new products, processes or services, investigation, application of technology, business intelligence and talentmanagement References: Davila, T., Epstein, M. J., and Shelton, R., 2006.Making Innovation Work: How to Manage It, Measure It, and Profit from It. Upper Saddle River: Wharton School Publishing Frankelius, P. 2009. Questioning two myths in innovation literature.Journal of High Technology Management Research. vol. 20, No. 1, pp. 4051. Greenhalgh, C. A. and Rogers.M., 2006. The value of innovation: the interaction of competition, RD and IP. Research Policy, vol. 35, pp. 56280. Siltala, R., 2010. Innovativity and cooperative learning in business life and teaching. University of Turku Strumsky, D., Lobo, J. and Tainter, J. A., 2010.Complexity and the productivity of innovation.Systems Research and Behavioral Science, vol.27, no.5, pp. 496-520 Tuomi, I. 2002.Networks of Innovation. Oxford University Press Tidd, J., Bessant, J. and Pavitt, K., 2001. Managing Innovation: Integrating Technological, Market and Organisational Change. John Wile

My Antonia By Willa Cather Essays (524 words) - My Ntonia

My Antonia By Willa Cather "THERE was a curious social situation in black hawk. All the young men felt the attraction of the fine, well-set-up country girls who had come to town to earn a living, and, in nearly every case, to help their fathers struggle out of debt, or to make it possible for the younger children of the family to go to school." (Page 127) This was the way of life for most girls around the 1920s. The book My Antonia by Willa Cather, Refreshingly creates female roles and strong personalities. Frances Harling, Molly Gardner, And Lena Lingard are excellent examples of such women. Frances Harling is one of the vast examples of what a strong woman can be. She is very responsible. She takes care of her father's business when he goes out of town, and on Sundays she would go to the office just to read the mail. Frances is very talented. She could play the piano with out a light and talk to her mother at the same time. Frances also was one of the most dependable people in town. If any one had a wedding she would bring a present. If there was a funeral she would be there to help console them. You could always count on her to be there. Molly Gardner had a strong personality. Molly would show her personality by the way she presented herself. Jim the narrator said "Mrs. Gardener was admittedly the best-dressed woman in Black Hawk, drove the best horse, and had a smart trap and a little white-and-gold sleigh."(Page 117) Molly liked to have the best meterial goods in the town, and she liked to show them off. Mollys personality was the reason that her husband's and her business did so well. Jim also said "...he knew that without her he would hardly be more that a clerk in some other man's hotel."(Page 122) Molly would also go on all the business trips because she was the smarter one between her and her husband. Lena Lingard was not one of the most respected people in town, but she wanted to improve herself. She wanted to get away from the farm she thought the work on the farm was endless. Lena had left the farm at a young age to become a seamstress and study under Mrs. Tomas, a well known dress-maker in town. Her mother supported her decision and Lena was planning on making some money and helping her mother, back on the farm. One of Lena's weak points and the reason the town talked about her was that she was a flirt. "I didn' know if your mother would like her coming here,"said Antonia, looking troubled. "She was kind of talked about, out there." Lena would be chased by guys and their girlfriends because she would flirt so much and that would upset the girlfriends. My Antonia shows the strong personalities and positive life roles of women in the 1920s. Frances Harling, Molly Garner, and Lena Lingard all show this in the way they presented themselves in Black Hawk. Frances shows responsibility skills, Molly shows leadership skills, and Lena shows the will to improve herself. If ever woman or man had these skills they would have no trouble getting through life.

Europeans and Native Americans essays

Europeans and Native Americans essays American Indians were the first inhabitants of this land we call home. They were here way before the United States was created. The Native Americans did not even know the term America until the "white man" came. The "white man" influenced the natives; however, the Native Americans also did the same. There were more than two thousand tribes in the Americas when Columbus first came to the West Indies in 1492. In the next five hundred years, due to European settlement, many of the tribes were destroyed or threatened by disease, war, and government policies. Native Americans experienced outcomes with their encounters in which they resisted and had much difference between the Europeans. Even though they suffered great loss in land and culture, their pride and traditions live on. The English were one of the encounters the Native Americans had to face. The English tried to overrule Chesapeake, but the Indians learned quickly to use guns and other weapons, so the Indians were able to outnumber the English. The English did not have any women at one point and were starving to death, so they demanded the Indians to nourish them. Indian made war and killed male warriors of opponent tribes but adopted the women and children. When Powhatan people neglected or defended their property, the English murdered women and Indian children. During most of the seventeenth century determined colonies fought to control the land and labor needed to secure profits from tobacco, sugar, and rice. After a long struggle with violence and high mortality, the colonies along the southern Atlantic began to prosper. Stability was brought on a high price in which the English introduced slavery. The Navigation Acts designed to regulate colonial trade in ways that only benefited England was destroying the Chesapeake society. South Carolina suffered from social instability in the result of ethnic and religious diversity. Worsening Indian relations and resulted in...

Case Study of Uber

CASE STUDY ON DEMAND ANALYSIS OF UBER CABS How Uber works ? The process is simple from the consumer’s point of view: You request a car by texting your address or by using Uber’s iPhone or Android app. Because Uber sends the nearest driver to your location to pick you up, your ride arrives within 5 to 10 minutes. Then you just hop into your car and get out at your destination, with no need of fumbling with money because Uber automatically charges your credit card. (You punch in your credit card information into the app before requesting a car. The Algo: †¢ From the computer scientist’s point of view, the process is a noble attempt at solving the complicated traveling-salesman problem, in which you’re trying to determine the shortest path visiting each location only once. â€Å"Each car has its own traveling-salesman problem,† Kalanick told Wired. †¢ Uber has created algorithms that try to connect car-hailers with the nearest car. And it tweaks this algorithm every day, when they analyze car demand and routes. Ensuring that everything works smoothly are a bunch of operation managers looking at a â€Å"God View† (pictured above) that shows where each Uber car is. Demand: The way the company ensures there are enough cabs for demand is also complicated: They analyze weather forecasts, knowing that there will be more demand for rides when it rains, and also take sporting and other events into consideration, and increase fares depending on how high that demand is. So more cabs will be on the road when demand is high because the drivers will be getting paid more. And from the other perspective, only people who are willing to pay the higher price will be riding, which also moderates demand. ) Microsoft on Demand Analysis: http://blogs. discovermagazine. com/discoblog/2010/11/05/the-secret-knowledge-of-taxi-drivers-could-be-added-to-online-maps/ MERU CABS:: Driver Audit of Meru Cabs: This academy is for the chauffeurs. The professionals at the academy focus on personal key attribute of them . The academy runs a few comprehensive programs on personal grooming and hygiene and social hehaviour. To start with, the subscriber is given a one-week extensive training program on customer handling, safe driving skills, company processes, city road knowledge and operation of the vehicle hardware including the electronic meter and the devices in the vehicle. A refresher course is also conducted every quarter to ensure that the subscribers remain courteous to passengers and provide the best quality of service possible. How big is the fleet at present? What are the expansions plans, given the increasing demand? Currently we have 5000 cabs across four cities. ,800 in Mumbai, 800 in Hyderabad, 1,200 in Delhi, and 1,200 drivers in Bangalore. We plan on adding an additional 500 drivers in each city by March 2011. Meru cabs ply in Mumbai, Delhi, Bangalore and Hyderabad. We are evaluating the cities of Chennai, Pune and Kolkata. What are the various technology best practices adopted by the company? We have installed various automated systems like a digital tamper proof meter on board, high- end GPS and GPRS to ensure real-time cab location and dispatch, a mobile data terminal (MDT). Currently, consumers also have the option to pay for their fare by a credit/debit card. Further, an automated speed control alarm in the cab warns the chauffeur if he crosses the speed limit. We get around 2. 5-3 lakh calls per week across the four cities that we operate in. The call center uses advanced interactive voice response (IVR) system. Also to increase productivity and improve service levels we have implemented ERP System from Oracle, Siebel. Our data center hosts a set of communication servers, application servers, and database servers which are connected with each taxi through GPRS. We are the only Indian company which has built such a world-class IT infrastructure. Does Meru have a segmented category of corporate and individual customers? What would be the figures like? Meru has incorporated additional facilities like a card payment option that has been launched in Bangalore, Delhi and Hyderabad, and will soon be launched in Mumbai. More than 1 million passengers travel per month across four cities. Meru Cabs are used for business travel, entertainment occasions, airport and railway drops. Today there is an increasing usage for shopping trips and sometimes even school trips due to parking issues.

Backchannel Responses in Japanese-English Encounters Essay - 1

Backchannel Responses in Japanese-English Encounters - Essay Example Given that the speaker and the listener belong to different backgrounds, the paper explores the evolving differences that present themselves, in responses across different language, gender, and cultural contexts. Â  Since communication takes root in feelings and ideas and manifests itself in behavior, the paper reviews existing research literature and examines if backchannel responses, in the intercultural context of English and Japanese encounters, have played any role explicitly or implicitly in improving communication between the two groups. Analyzing cross-cultural interactions, its value addition to intercultural communication is also studied. Â  The paper then critically scrutinizes convergence and divergence codes among the two groups and tests it in the background of the communication accommodation theory. Investigating into the speaking skills of the listener, the paper construes, that the non-native listener in a conversation with a native speaker, needs to use verbal and non-verbal backchannel responses, informatively and contextually to avoid misunderstanding brought-about by local and foreign interculturality. Â  Charles C. Fries, a renowned American lexicographer, and grammarian was one of the first known researchers to reveal backchannel responses in a published work. Later on, the study of backchannel responses was taken up by researchers from a variety of disciplines - communication studies, sociology, linguistics, and psychology. Â  Since each discipline approached the subject differently, they provided diverse terminologies for the concept of backchannel responses.

An organisation requires strong leadership rather than sound Essay

An organisation requires strong leadership rather than sound management if it is to become a learning organisation. Critic - Essay Example Strong leadership influences positive behaviour and strong belief among people in an organisation thus improving the overall performance of the organisation. Learning organisations are companies or organisations that develop programs to facilitate the learning of its people with the objective of continuously transforming itself to enable the company remain competitive in the harsh current business environment. Building an organisation into learning organisations begins with changing people’s rational of thinking and how they act to different business situations. Strong leadership is essential in shaping the working mentality of people in organisation, an element which is essential in shaping an institution to become a learning organisation. Sound management influences how different employees at different levels of management in the organisation relate with each other towards achieving the objectives of growing into a learning organisation (Gosling and Dennison, 2003). The succ ess of institution is however hinged on a number of factors that are under the control of the management and the people in the organization as whole. Sound management refers to the practical plan and control mechanisms put in place by an organisation to enable it implement its policies and organisational programs. Organizations struggle to adopt sound management practices hoping that such practices will improve their chances of growing into greater institutions that can be emulated by other organisations. Success in an organization however requires strong leadership capabilities as opposed to the adoption of sound management practices without improving the leadership abilities of the organization (Gosling and Dennison, 2003). The presence of good leadership in an organization can be felt throughout the entire organization through the sound policies that the organization implements and its ability to handle different challenging situations surrounding the business. Good leadership de velops a great corporate and organizational culture that guide the progress made by the organization and its success in the future decisions. The traits and features of a successful leader are quite evident in the way they handle different situations in an organization that affects the development of an organization. This paper will evaluate the traits of a great leader in organizations and how these traits shape the image of the business and its success. In providing the basis for the conclusion that strong leadership is important for an organisation that intends to grow into a learning organisation, this paper will analyse the various strong leadership theories and how they influences the development of an organisation. To demonstrate the choice of strong leadership as the best way of ensuring the growth of a company into a learning organisation, this paper will discuss three dimensions of strong leadership. In these dimensions, the different theories of leaderships will be discus sed to demonstrate my choice of strong leadership. The attributes of strong leadership is the second dimension that the paper will discuss with bias towards how these attributes can enable an organisation to grow into a learning organisation. In the final dimension, the weaknesses of sound management will be evaluated as compared to the strengths of strong leaders

Overpopulation :: Human Population

During the first 2 million or so years of its history the human population was a minor element in the world ecosystem, with at most 10 million members. In the New Stone Age, less than 10,000 years ago, the number of humans began to increase more rapidly. The rough equilibrium maintained before Neolithic times gave way when the human population developed agriculture and animal husbandry and no longer had to spread out in search of game. With the abandonment of a hunting-gathering way of life and the rise of permanent settlements and eventually cities, the human population underwent dramatic growth. By the beginning of the Christian era it had reached 250 million, and by 1650, half a billion. Growth of population during 20th century was very rapid. In 1994 the total world population was estimated at about 5. 6 billion people. It increased nearly by 4 billions of people during past 100 years. The most significant world trend is that death rates are currently falling in poor and rich countries alike, while birthrates remain high in most poor countries and low in most rich ones. Exceptions are the generally higher death rates of Africa and the high birthrates of the rich oil-producing countries. The most populous countries, in descending order, are China, India, the United States, Indonesia, Brazil, and Russia. The U.S. population totaled about 260. 8 million in 1994. In the 1990s about 4. 1 million children were born annually in the United States, and more than 2. 1 million persons died yearly. The greater number of births is due in part to a fertility rate that has increased by nearly 20 percent since the mid-1980s. International immigration, both legal and illegal, is another major element in U.S. population growth. Legal immigration has recently amounted to about 1 million per year; illegal immigration is thought to be several hundred thousand. In China, the world's most populous country, the 1994 population was estimated at nearly 1. 2 billion, more than double the 1953 census population of 584 million in mainland China. China's annual increase has been estimated at 1. 1 percent annually. India's population of more than 911. 6 million people (1994 est.) is increasing faster than that of China, and if present trends continue, it will soon catch up with or surpass China. Since the disintegration of the USSR, Indonesia and Brazil are now the fourth and fifth most populous countries, with 1994 estimated populations of 199.