Identify strategies for encouraging innovation

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Reference no: EM133667189

Homework: Meeting with the Innovation Team

You are lucky to be working for a forward-thinking, high-functioning organization that takes innovation seriously. Unfortunately, in the past, the organization you work with has had a difficult time considering both budget and innovation. Simply put, there has been a pretty significant chasm between those who construct the budget and those who strive to create innovation in the organization. The innovators over the years have come up with great ideas. Those ideas, however, have oftentimes been squelched in an altogether discouraging way by who manage the budget. While the budget managers have been seen as unforgiving misers, the innovators unfortunately haven't always given enough consideration to the realities of fiscal management. The organization has a monthly innovation meeting. These innovation meetings are designed to keep the institution fresh and creative. At these meetings, managers bring innovations to the table and discuss innovative ideas for continuing to accelerate the business and improve their functionality ahead. This is obviously exciting and your goal for this homework is to introduce yourself as part of this process in a new and innovative way. Your goal is to try to get this team to continue to innovate and find new ways of doing business that improve the fortunes of the company without allowing the budget process to squelch innovation.

To prepare for this important next step, please prepare a PowerPoint, Prezi, or Sway presentation that articulates the steps this business can take to remain engaged in innovation in an active and forward-thinking way. You are to describe in this PowerPoint the steps the team can take to remain innovative without ignoring the budgetary process.

Your presentation should include the following and completely answer all the questions for each bullet point. Use clear headings that allow your professor to know which bullet you are addressing on the slides in your presentation. Support your content with at least three citations throughout your presentation. Make sure to reference the citations using the APA writing style for the presentation. Include a reference slide at the end. Follow best practices for presentations related to test size, color, images, effects, wordiness, and multimedia enhancements.

I. Component I: (2 slides) Introduce the role of enrollment management and budget planning processes in relationship to innovation.

II. Component II: (2 slides) Identify strategies for encouraging innovation with consideration to the budgetary and strategic enrollment management processes.

III. Component III: (2 to 3 slides) Identify what you anticipate being a series of important questions about the relationship between innovation and the budget and enrollment management processes. Present the questions and formulate brief but formal answers.

IV. Component IV: (2 slides) Offer concluding thoughts on this important process meeting.

Reference no: EM133667189

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