DB FPX 8400 Assessment 1 Ontological Humility

Name

Capella university

DB-FPX 8400 Your DBA Journey

Prof. Name

Date

Ontological Humility

Cognitive Differentiation 

Cognitive differentiation refers to the number of distinct dimensions of meaning or personal constructs. Several studies on Business Model Innovation (BMI) have shown that cognition plays a role in enabling or limiting such innovations (Egfjord & Sund, 2019). In this context, BMI is an effective way to address environmental challenges. BMI involves enhancing value and benefits by making concurrent and equally accommodating changes to both the company’s value proposition to customers and the fundamental operational model.

The main benefit of BMI, whether it involves modifying an existing business model or designing and implementing a new one, is that it identifies new value propositions for generating revenue and discovering new ways to create and capture value. Ontological humility is the idea that none of us perceives reality as it is. Ontological humility accepts that there are three realities in ontology. Someone who practices ontological humility elevates their reality in a way that respects themselves (Munro, 2020). However, they also recognize that misinformation may alter their understanding.

Cognition 

Cognitive differentiation is the concept of the number of different components of importance or individual constructs that a person has within their system. In this context, BMI is a powerful method for managing environmental challenges. Cognitive differentiation is derived from Kelly’s Role Construct Repertory Test (Cherry, 2020), which is intended to elicit a representative sample of a person’s constructs and to survey the hierarchical properties of these developed dimensions.

Cognitive integration relates to the methods of assimilating knowledge. The term emphasizes the importance of aligning the implicit and explicit aspects of intellectual activity and their consistency in generating new knowledge, achieving new levels of understanding, and self-comprehension (Nurgaleeva, 2015). To understand this, one must comprehend cognition. Cognition refers to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving. These are higher-level functions of the brain and include language, imagination, perception, and planning (Nurgaleeva, 2015).

Egfjord and Sund (2019) use perception to suggest that a business model can be considered a form of cognitive structure. Several studies have shown that comprehension plays a role in enabling or restricting such innovation. At the core of BMI failure, there might be differences in perception that seem intuitive but are generally significant. There are three levels of cognitive achievement: system behavior, human behavior, and ambiguity. System behavior refers to the interdependencies of parts and systems (Egfjord & Sund, 2019). Human behavior involves the interactions between diverse individuals and groups. Ambiguity pertains to the uncertainty of emerging issues and the lack of understanding and confusion. These concepts or levels of integration are crucial for successfully managing BMI, or it will fail.

Business Model Innovation 

Business model innovation is the art of enhancing value and innovation by making concurrent and supportive changes to both a company’s value proposition to customers and its fundamental operation model (Wirtz & Daiser, 2018). Business model innovation is a prominent topic in science and management. The main advantage of BMI, whether it involves changing an existing business model or creating and implementing a new one, is its ability to generate new value propositions and discover new ways to create and capture value (Wirtz & Daiser, 2018).

Assumption and Organization Redesign 

One assumption I would make is whether they are in the same industry as me. Different industries operate differently. The industry I am in may not be the same as theirs. It is necessary to make this assumption because it would be like Walmart giving McDonald’s their business model—these are two different businesses in two different industries. Should organizational redesign precede BMI? (Egfjord & Sund, 2019). I believe it should; it has been suggested that an experimentation phase, which serves the purpose of designing, evaluating, and testing different business models or business model options, is essential. Since BMI is about enhancing value and innovation, organizational redesign should precede BMI.

Accommodation of BMI 

Is an organization designed to accommodate future BMI more likely to succeed in implementing radical BMI ideas? (Egfjord & Sund, 2019). No, because you cannot predict whether the business will be successful or not. BMI should come after the business is up and running for a certain period. If BMI were to come before the organization, it might result in a false BMI. Situations can change at any moment, and if you have already created a BMI before the organization, you may need to create a new one. It is similar to a relationship; you don’t know if it will be successful, so why plan prematurely?

Ontological Humility

Double distribution can be characterized as the publication of a paper that significantly overlaps with one previously published in paper or electronic media. The practice of duplicate publications is considered unethical because it misrepresents findings, wastes the time of editors, peer reviewers, and readers, and undermines the integrity of science. Dual publishing begins with dual (or multiple) submissions (APA, 2020). Dual publishing is defined as “the submission of a paper to a journal while it is under simultaneous review by another publication.” Authors should only submit original work that has not been published elsewhere or is under review for another refereed publication. Guidelines for authors of many journals contain restrictions on dual submission. Readers of clinical journals should be able to trust that what they are reading is original unless there is a clear explanation that the author and editor are intentionally republishing an article considered significant or landmark (ICMJE, 2021).

The foundations of this stance are global intellectual property laws, ethical conduct, and the wise use of resources. Duplicate publication of original research is particularly problematic because it can result in the inadvertent double-counting of data or improper weighting of the results of a single study, which distorts the available evidence. Double publishing remains one of the least understood forms of publishing misconduct and negatively impacts the research community. Establishing clear guidelines and adequately training junior researchers are essential. For the authors of the ontological humility article “Exploring Epistemic Wisdom,” this article was written for a conference, and according to the APA 7 manual, writings previously released in conference proceedings can be published again in a widely circulated venue (APA, 2020). I would not consider double publishing because it is illegal and complex regarding publication.

Dueling Managers Scenario

Ontological humility is the idea that none of us perceives reality accurately. Did I feel that the scenario was structured to create false assumptions? I do not believe it was designed to create false assumptions. However, I feel that the way it was worded or presented led to those assumptions. If different facts existed, the outcome might have been different. One assumption I can make is that their ethnicity is the reason they were hired.

One bias I may have is if that person has higher business achievements than me. If this person has more achievements, I might be biased toward their business. Another bias could be if their business performs better than mine; I might be biased toward how they run their business. To lead as a better businessperson, I should avoid these biased opinions. By not comparing my business to others, and by recognizing that all businesses are different and have different BMIs, there is no reason to compare them.

Conclusion 

In conclusion, business model innovation is a crucial factor for a business. Having an innovation department can help your company grow. However, for it to work, everyone should collaborate. The articles I read did a good job explaining the issues companies may encounter. Although research on this subject is ongoing, there is enough information to provide a good understanding of how it works. I believe there is truth to ontological humility when considering whether we perceive reality as it is. I think most of our perceptions stem from our upbringing. For example, if you have a business and are unrealistic about its success, you might spend more than you make in profit.

References

APA. (2020). Publication manual of the American Psychological Association. Vital Source. American Psychological Association. Retrieved December 9, 2021, from https://capella.vitalsource.com/reader/books/

Cherry, K. (2020, March 19). George Kelly and His Personal Construct Theory. Retrieved from Verywell Mind: https://www.verywellmind.com/george-kelly-biography-2795498

Egfjord, K. F.-H., & Sund, K. J. (2020). Do you see what I see? How differing perceptions of the environment can hinder Radical Business Model Innovation. Technological Forecasting and Social Change, 150, 119787. https://doi.org/10.1016/j.techfore.2019.119787

DB FPX 8400 Assessment 1 Ontological Humility

ICMJE (Ed.). (2021). Overlapping publications. ICMJE. Retrieved October 9, 2021, from http://www.icmje.org/recommendations/browse/publishing-and-editorial-issues/overlapping-publications.html.

Munro, I. (2020, January 7). Ontology (my big word of the month) and humility. Leading Essentially. Retrieved October 8, 2021, from https://leadingessentially.com/2019/07/06/ontology-my-big-word-of-the-month-and-humility/.

Nurgaleeva, L. (2015). Cognitive integration as the dynamic aspect of modern educational practices. Procedia – Social and Behavioral Sciences, 166, 446–450. https://doi.org/10.1016/j.sbspro.2014.12.551

Wirtz, B. W., & Daiser, P. (2018). Business Model Innovation Processes: A … – core.ac.uk. Journal of Business Model. Retrieved October 8, 2021