Part of the book: New Research on Knowledge Management Applications and Lesson Learned
The purpose of this article is to examine business potential of digital smart jewelry. When jewelry has tens of thousands of years of history, it is interesting to find out what people think of jewelry that contains technology. The study was conducted as an action research, in which researchers acted as main innovators of smart jewelry. The smart jewelry can be divided into two main product groups: the esthetic light jewelry and the functional jewelry. Six different jewelry prototypes were manufactured–three pieces for both product groups, after which they were tested by potential and nonpotential users. According to study, the smart jewelry seems to have business potential, but as often with radical products and new markets, it will take time. Forty percent of potential users saw the smart jewelry as fun, cool, fantastic, and an inevitable future. On the other hand, 25% kept them as obnoxious. The functional jewelry seems to have much more potential target groups and users than the light jewelry. As wearable technology and the Internet of things become more common, the smart jewelry market will probably grow as well. The healthcare and wellness industry is a particular force for growth.
Part of the book: Digital Transformation in Smart Manufacturing
The purpose of this chapter is to understand how Metallica has utilized conflicts in creating changes in the music industry and growing as the biggest heavy metal band of the world and sustained in this position for 25 years. The study was conducted as a qualitative and longitudinal case study. The study confirmed that conflicts have been a crucial factor in Metallica’s success. The interpersonal conflicts and the conflicts between the band founders have been pivotal. The duo has competed and collaborated against and with each other, and this way urging Metallica to better achievements. The same type of action has extended to collaboration with other inner circle members of Metallica. Different kinds of conflict stimulation techniques have been used to increase conflicts. Many dysfunctional outcomes have also arisen but Metallica as a band has nearly always been above them. The ways of handling conflicts have changed during the band’s lifecycle. In the introduction phase, competing was emphasized; in the growth phase, collaboration increased and in the current mature phase, compromising and accommodating have strengthened. Nowadays, Metallica is still a relevant band with huge number of fans, but the best creative power has run dry.
Part of the book: Organizational Conflict