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Discuss how innovation has been managed

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Reference no: EM133367198

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Choose any company- Westpac/ Virgin Australia/ Haighs chocolates/ Woolworths.

Question 1. Discuss how innovation has been managed in your organisation.

Question 2. Discuss successes/failures of different types of innovation in your organisation (eg product, process, service, technological)

Question 3. Recommend future innovations that your organisation should implement -Include time frame -Specific costs -Competitor or related company comparison

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Woolworth has overseen development by designing with Thoughtworks. They have set up an in-store advancement lab. It included fast prototyping procedures to rejuvenate new ideas. In more limited time, novel thoughts can be placed being investigated with the clients. Constant criticism can be recorded from the clients for the new ideas. The natural broiled chicken was a major vender for little idea store. The development laid the client pick a recipe on an I-Cushion which will put all fixings on one rack. Woolworth neglected to execute the ERP innovation. Subsequently, programming disappointment influenced deals and wrecked the concentration.

Reference no: EM133367198

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