Explain why innovation is important to organizations


Discussion: Quality Design And Innovation

The Research & Development Department has developed a revolutionary product that offers revolutionary options and will allow the organization to gain a competitive advantage in the industry. Leadership encourages creativity, but is hesitant to take a leap of faith with the new product. Determine and explain why innovation is important to organizations and what can happen to companies that fail to innovate.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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