Reference no: EM133563637
Homework: The Role of Creativity and Innovation in Business
For this Homework, you will play the role of a consultant who has been brought in to help the leadership of a company struggling to evolve in the current market. You will present a report to the CEO in which you analyze the relationship of creativity and innovation to business practices.
The company's CEO, Gabriel Marron, has been resistant to change for the past 25 years, and the company recently began losing market share to other competitors. After months of being in denial, the CEO is finally open to considering the idea of implementing innovative approaches to reclaim the company's former position at the top. Gabriel admits that it is simply not in his nature to value innovation. Sticking to tried and true methods has always worked favorably throughout his career, but you are being brought in because that is proving to no longer be the case. In your report, you will draw the connection between creativity, innovation, and business practices.
With those thoughts in mind, construct your report to the CEO with the following section, being sure to incorporate appropriate business examples (as indicated), as well as citations for relevant academic resources from the classroom, the Walden Library, and/or other appropriate scholarly sources to support your work.
Task
Submit your analysis of the role of creativity and innovation in business, in which you address the following in a 2 to 3 pages business report (excluding references):
Incorporating Creativity
Question 1. What does it mean to be creative in business? Provide two or more examples to support your response.
Question 2. What is the role of inspiration in creativity?
Question 3. What are three to five attributes of a work environment that fosters creativity (including an explanation of the impact of each)?
Question 4. How can design thinking enable businesses to foster creativity in their work environment?
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What are the talents, interests, and values that make up
: What are the talents, interests, and values that make up your statement? Why is this statement an accurate representation of your purpose?
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Analyze the customer databases of both companies
: Analyze the customer databases of both companies. Develop a strategy to combine, cross-sell, and retain customers. Implement a unified customer CRM system.
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Discuss the process of client engagement and sales pipeline
: Discuss the process of client engagement and the sales pipeline and its importance in consulting work.
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What kind of cash inflows and outflows the company has
: Examine Cash Flow Statement. Specify what kind of cash inflows and outflows the company has in its operating, investing and financing activities.
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What is the role of inspiration in creativity
: What is the role of inspiration in creativity? How can design thinking enable businesses to foster creativity in their work environment?
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How is it acquired and how one is to understand virtue
: explain the doctrine of mean. include Aristotle's understanding of virtue, how is it acquired and how one is to understand virtue in relation to vice.
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How might these cognitive factors influence family dynamics
: What are all of the cognitive factors involved, for each family member? How might these cognitive factors influence family dynamics?
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Discuss holes does argle or bargle have the better argument
: Discuss Holes. Does Argle or Bargle have the better argument? How many holes are there in a paper towel roll tube, anyway?
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Is there an evil demon who controls our thoughts
: Is Descartes correct? Is there an evil demon (genius) who controls our thoughts and all subjective reality? Explain. Is there a way out for humans
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