
Which of the following best defines the General Electric fastworks approach?
A) It is based on incremental improvements to a dominant technological design such that the improved technology is fully backward compatible with the older technology.
B) It is an approach to innovation that assumes that incremental innovation can be planned using a series of steps and that compressing those steps can speed innovation.
C) It is a special kind of results-driven change that helps companies to improve results in an uncertain business environment by quickly experimenting with new ideas to solve customer problems.
D) It is a philosophy and collection of planned change interventions designed to improve an organization's long-term health and performance.
Correct Answer:
Verified
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