Reference no: EM131178981 , Length: word count:1500
The Importance of Innovation Architecture
In Innovation as Usual:
How to Help Your People Bring Great Ideas to Life (2013), Miller and Wedell-Wedellsborg discuss the importance of establishing systems within organizations that promote not only the creativity that results in innovation, but also make it possible for employees to bring innovative ideas to fruition. Miller and Wedell-Wedellsborg argue that a leader's primary job "is not to innovate; it is to become an innovation architect, creating a work environment that helps . . . people engage in the key innovation behaviors as part of their daily work" (p. 4). Such a work environment must be reinforced by innovation architecture-the structures within an organization that support an innovation, from the brainstorming phase to final realization. The more well developed the architecture and the simpler the processes involved, the more likely employees are to be innovators.
For this assignment, you will research the innovation architecture of at least three companies that are well-known for successfully supporting a culture of innovation. Write a 1,500-word paper that addresses the following:
1. What particular elements of each organization's culture, processes, and management systems and styles work well to support innovation?
2. Why do you think these organizations have been able to capitalize on innovation and intrapreneurship while others have not?
3. Based on what you have learned, what processes and systems might actually stifle innovation and intrapreneurship?
4. Imagine yourself as an innovation architect. What structures or processes would you put in place to foster a culture of innovation within your own organization?
Include in-text citations to at least four reputable secondary sources (such as trade journals, academic journals, and professional or industry websites) in your paper.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.
You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. Only Word documents can be submitted to Turnitin.
Reference
Miller, P., & Wedell-Wedellsborg, T. (2013). Innovation as usual: How to help your people bring great ideas to life. Boston: Harvard Business Review Press.
How does that word impact society
: Discuss how the Gladstone Committee Report addressed conflict over the words rehabilitation and treatment. In this discussion, identify which word you would choose and the impact it has on society.
|
What is modified internal rate of this project
: Rent-to-Own Equipment Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $335,000 in year two, $150,000 in year th..
|
What are the major morphological features of birds
: What are the major morphological features of birds. In which habitat do birds live. What are flight adaptations present by birds. What are pneumatic bones. How is the respiratory system of birds characterized. How is the circulatory system of birds c..
|
The hedge ratio for a perfect hedge
: Assume a stock is currently selling for $73.50. You consider a call option to hedge your long position in the security. The current exercise price for the option is $75.00. Using a 1 year period, a rate of 5.5%, and an “up” factor of 1.20, and a “dow..
|
Foster a culture of innovation within your own organization
: What particular elements of each organization's culture, processes, and management systems and styles work well to support innovation?
|
Which of the styles of art did you enjoy the most
: After completing the assigned reading this week, which of the styles of art did you enjoy the most? Which would you say is your least favorite? Why? Be sure to explain your decisions and use the terms from the unit to aid in that explanation.
|
Calculate the realized yield of this investment
: For the first three years after you bought the bond interest rates remained constant at 6%. Then interest rates dropped to 5.4% and remained at that rate for five years. Assume that all coupon interest payments were reinvested at the prevailing marke..
|
Identify validity of having perspective within international
: The idea of understanding laws and policies on a global scale, particularly in business can be daunting, even for the most seasoned professional. Sometimes, putting things on a more macro scale can help sort some of the more minute details.
|
Religious beliefs of leaders
: How do they interconnect with your own personal, moral, ethical, or religious beliefs? Do you think the personal, moral, ethical, or religious beliefs of leaders can interfere with their ability to effectively lead? Why or why not?
|