Reference no: EM133322068
Question: Research SM Makati and conclude/explain the needed innovation to improve the performance of the place and identify which challenge or 9 elements that is listed below are connected to that innovation. Here is the Elements of Innovation;
1. Challenge: What we are trying to change or accomplish-the "pull"
2. Customer focus: Creating value for your customers - the "Push"
3. Creativity: Generating and sharing the idea(s)- the "brain"
4. Communication: The flow of information and ideas -the "life blood"
5. Collaboration: People coming together to work together on the idea(s) the "heart."
6. Completion: Implementing the new idea-the "muscle".
7. Contemplation; Learning and sharing lessons lead to higher "ladder"
8. Culture: The playing field of innovation includes:
• Leadership (sees the possibilities and positions the team for action-the role model)
• People (diverse groups of radically empowered people innovate - the source of Innovation.
• Basic values (trust and respect define and distinguish an innovative organization-the backbone)
• Innovation values (certain values stoke the fires that make the "impossible" possible-the Spark).
9. Context: Innovation is shaped by interactions with the world.