Discuss the importance of innovation in the survival

Reference no: EM132448301

"Innovation and Strategic Management" Please respond to the following:

Question 1: Discuss the importance of innovation in the survival and success of a business. Next, suggest three (3) strategies that you, as an entrepreneur, can use to encourage creativity and innovation in your small business. Provide support for your response.

Question 2: Analyze a current or former company for which you have worked, and without revealing the name of the organization, identify one (1) step in the strategic planning process that could use more attention in this business. Explain your rationale.

Reference no: EM132448301

Questions Cloud

Explain the spending variance or the volume variance : Which do you think is more important for control of fixed overhead costs: the spending variance or the volume variance? Explain.

How the information is relevant to human resources : Summary explaining your findings and how this information is relevant to Human Resources.Be sure to type in APA format & style and post a reference list.

Explain the actual duties that you will perform for company : Explain the actual duties that you will perform for company.state the education, experience, training, and special skills required to perform these duties

Reflect on the contributions to society of small businesses : Reflect on the contributions to society of small businesses and consider two (2) benefits and drawbacks of small business ownership.

Discuss the importance of innovation in the survival : Discuss the importance of innovation in the survival and success of a business. Next, suggest three (3) strategies that you, as an entrepreneur

Evaluate different franchise opportunities : Identify three (3) important factors they should take into consideration when selecting a form of ownership.Evaluate different franchise opportunities

Identify strengths bring to the project as a leader : Identify strengths and weaknesses bring to the project as a leader.You are being considered to be the project manager for a complex project at our firm.

How diversity important in project management : How will you ensure you have diversity within your projects when your management may be more focused on having the best resources assigned to the project

How to compensate for relative lack of experience : What are some ways might harness the power of blogs and social-networking sites to help market latest products?How to Compensate for Relative Lack of Experience

User Account

All Pages