Thursday, August 29, 2019
Implementing innovation in organizations Essay Example | Topics and Well Written Essays - 500 words
Implementing innovation in organizations - Essay Example m, in his innovation implementation article, an organizationââ¬â¢s first step should entail knowing the ideal definition behind successful innovation for it to be on the safe side. The introduction part starts with the statement that ââ¬ËSuccessful innovation is turning ideas to moneyââ¬â¢, which depends on ones comprehension of the statement (Woods 2011). Essentially, the outcome should not necessarily be money but successful innovation should give something that is valuable in return to the organization or specific facets of it. Definitely, understanding innovation comprehensively forms a foundation for successful implementation, which is profitable to the organization in long term or short-term basis depending on the organizational goals. Decisively, I think that the understanding section should also entails evaluating your organizationââ¬â¢s strategies, culture and other equally significant aspects such as size and core objective. This way one can relate how different approaches would apply in their organization, a factor that the article does not cover in depth. After forming a basis for implementation through utter comprehension, the next step in the article is determining the type of innovation the organization aims at achieving (Woods 2011). The statement is baffling but Tim goes ahead to explain what this step should involve. The innovation process can entail incorporation of new practices to the older ones or an exclusively new practice to bring value to the organization. I think this is essential because different corporations are in varying fields and markets; however, it is important that the way an organization chooses reflect on their needs. It is an important step, especially as the second because it relates with understanding innovation and the organization. However, the author does not give examples of how this step practically applies, which would give significant assistance to the readers. The author is keen to state out that organizations should
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