DB FPX 8400 Assessment 1 Ontological Humility

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Capella university

DB-FPX8400 Your DBA Journey

Prof. Name

Date

Ontological Humility

Cognitive Differentiation

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

The main benefit of BMI, whether it’s an existing business model or the design and implementation of a new one, is that it identifies new value propositions for generating revenue and finding new ways to create and acquire value. Ontological humility is the idea that none of us sees 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), but they also recognize that it may involve misinformation that can change their understanding.

Cognition

The concept of cognitive differentiation is the quantity of different components of importance or individual concepts that a person offers within their system. In this context, BMI is a powerful method of managing environmental challenges. Cognitive differentiation is derived from Kelly’s Role Construct Repertory Test (Cherry, 2020), intended to evoke a representative sample of a person’s concepts and to survey the authoritative properties of these developed dimensions.

Cognitive integration is associated with the methods of breeding knowledge. The utilization of the term highlights the significance of integrating the hidden and explicit parts of scholarly activity and their consistency in the creation of new information, achieving new degrees of understanding and self-comprehension (Nurgaleeva, 2015). Cognition involves psychological processes associated with acquiring knowledge and understanding. These intellectual processes include reasoning, knowing, recalling, judging, and problem-solving. These are higher-level functions of the brain and include language, imagination, perception, and planning (Nurgaleeva, 2015).

The author of the article “Do You See” uses perception to propose that a business model can be considered a form of intellectual design (Egfjord & Sund, 2019). Several existing studies of BMI have shown that comprehension plays a part in enabling or restricting such development. At the core of BMI failure, there might be differences in insights that seem natural but are generally notable. There are three levels to intellectual achievement: system behavior, human behavior, and ambiguity. System behavior is the interdependence of parts and systems (Egfjord & Sund, 2019). Human behavior is the interaction between diverse individuals and groups. Ambiguity involves the uncertainty of emerging issues and the lack of understanding and confusion. These concepts or levels of integration are essential for handling BMI correctly; otherwise, it will fail.

Business Model Innovation

Business model innovation is the art of improving and adding value by making concurrent and equally supportive changes to both a company’s value proposal to customers and its fundamental operation model (Wirtz & Daiser, 2018). This is a prominent topic in science and management. The main advantage of BMI, which can be recognized as an activity of changing an existing business model or creating and executing a new one, is its ability to identify new value propositions for generating revenue and creating value (Wirtz & Daiser, 2018).

Assumption and Organization Redesign

One assumption I would make is whether the other business operates in the same industry as mine. Different industries must operate in specific ways. The industry I am in may not be the same as theirs. This assumption is necessary because it would be like Walmart giving McDonald’s their business model; they are two different businesses in two different industries. Should organizational redesign precede BMI? (Egfjord & Sund, 2019). I believe it should. An experimentation phase, which serves to design, evaluate, and test different business models or options, is suggested. Since BMI is the art of improving and adding value, organizational redesign should precede BMI.

Accommodation of BMI

Is an organization already designed to accommodate a future BMI more likely to be successful at implementing radical BMI ideas? (Egfjord & Sund, 2019). No, because the success of the business is not guaranteed. A BMI is supposed to come after the business is up and running for a certain period. If a BMI were to come before the organization, it might be based on false assumptions. Anything can change at any moment, and if you already created a BMI before the organization, you might have to go back and create a new one. This is similar to a relationship; you don’t know if it’s going to be successful, so why plan in advance?

Ontological Humility

Double distribution can be defined as the publication of a paper that significantly overlaps with one already 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 breaches the integrity of science. Dual publishing can begin with multiple submissions (APA, 2020). Dual publishing can be defined as “the submission of a paper to a journal that is simultaneously under review by another publication.” Authors should only submit original work that has neither appeared elsewhere for publication nor is under review for another refereed publication. Guidelines for authors of many journals contain restrictions on dual submission. Readers of clinical journals have the right 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 for notable reasons (ICMJE, 2021).

The foundations of this position are global intellectual property laws, moral integrity, and the wise use of resources. Duplicate publication of original research is especially problematic because it can result in accidental double-counting of data or improper weighting of the results of a single study, distorting 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 is essential. According to the authors of the ontological humility article “Exploring Epistemic Wisdom,” this article was written for a conference. According to the APA 7 manual, writings previously released in conference proceedings can be issued again in a widely circulated venue (APA, 2020). I would not consider double publishing because it is illegal and tricky regarding publication.

Dueling Managers Scenario

Ontological humility is the idea that none of us perceives reality as it is. Did I feel that the way the scenario was structured was designed to create false assumptions? I don’t think it was designed to create false assumptions. However, the way it was worded or presented is likely why those assumptions were made. If different facts existed, then I think it would be different. One assumption I can make is that the reason for hiring someone might be related to their ethnicity.

One bias I might have is if that person has higher business achievements than me. If this person has more achievements than I do, I would be biased toward their business. Another bias might be regarding the success of their business compared to mine. If their business performs better than mine, I may be biased towards the way they run their business. To lead as a better businessperson, I need to avoid these biased opinions by not comparing my business to someone else’s and recognizing that all businesses are different and have different BMIs, so there is no reason to compare them.

Conclusion

In conclusion, having a business model innovation is a crucial factor for a business to establish. Having an innovation department in your company can help it grow. However, for it to work, everyone should come together. The articles I read did a good job of explaining issues that companies may encounter. Although research is ongoing in this area, there is enough information available 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. Much of our perception stems from how we are raised. For example, if you have a business and are being impractical about its success, you might be incurring more expenses than making a total 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/9781433832185/epubcfi/6/24[%3Bvnd.vst.idref%3Dx9781433832154-001]!/4.

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

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, from https://core.ac.uk/download/229011932.pdf.