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Fostering innovation within a large organisation

Fostering innovation within a large organisation

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the role of innovation in large organizations, highlighting the success of UCL's education consultancy, which operates on a business model that diverges from traditional university structures. The consultancy's latest project involves transforming a medicine program in Mecca, Saudi Arabia, showcasing the importance of seizing opportunities and building global networks. The speaker emphasizes the need for foresight and risk-taking in fostering growth and innovation, even in risk-averse environments, suggesting that structural changes may be necessary to accommodate new ideas.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do big organizations face when it comes to innovation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the education consultancy at UCL managed to flourish despite being outside the core business model of a university?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the project with the university in Mecca?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can universities branch out and create networks globally?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What qualities do the people involved in the consultancy possess that contribute to its success?

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