Innovation and Change
Modern businesses operate in a challenging environment with rapid economic, political, and technological changes. Organizations must be able to manage innovation to thrive and also adapt quickly to unexpected shifts in markets. Respond to the following questions by drawing on all you have learned in your reading and research this week.
QUESTIONS:
1. What are the hallmarks of strategic innovation? How important are organizational features in encouraging or stifling innovation? You should present evidence for your views drawn from research and practical experience.
2. How useful is linkage analysis in helping managers to visualize change processes and overcome barriers to organizational improvement? How would you apply this kind of analysis to problems in a traditionally organized company wishing to promote innovation and become customer-focused?