Critical Success Factors For Innovation Management Research Paper

Critical Success Factors For Innovation Management - Research Paper Example Innovation is important for all organisations to improve and develop, as innovation creates a unique positioning and differentiation opportunity that can give a business more market presence. What is an innovation? Innovations are unique business practices, exclusive product offerings, or any other activity that is ground-breaking or pioneering in an industry. If an organisation does not innovate, it will not have longevity as more innovative competitors will begin to outperform a business that is complacent by doing business as usual without creating inventive strategies. This report highlights the critical success factors for innovation management. Innovation management practices Sebell and Terwilliger (2011, pp.1-3), managing partners at Creative Realities, Inc., believe there are nine distinct success factors for innovation management. These include: 1. Having a compelling case for innovation. 2. An inspired and shared vision for the future 3. A fully aligned strategic agenda for the innovation. 4. More visibility of senior management in the innovation process and operations 5. A decision-making model that builds teamwork 6. A fully sourced, multi-functional team dedicated to meeting strategic goals 7. Open-minded exploration of the marketplace drivers of innovation 8. Have a willingness to take risks and see value in absurdity. 9. A well defined, yet flexible execution process.... In this case, the business must have a case to justify sweeping product changes and determine a new market entry strategy to provide a product that brings revenue gains unique from competition. A business case is critical to coming up with a strategic plan for new innovation offerings. Having an inspired and shared vision of the future is highly important in innovation management. Fairholm (2009) describes the importance of having transformational leaders in the organisation, those who constantly iterate mission and vision, using relationship development techniques in the social environment to gain commitment and loyalty in teams. A new innovation, whether product-based or human capital-based, will often mean the business is now taking on a new direction in its market. Innovation management, in this case, means developing an organisational culture that is focused, united and dedicated to team philosophy. This often means that senior management officials must be more visible, as was i dentified by Sebell and Terwilliger (2011). In many organisational models, there is a recognition that change resistance often occurs that stems from differing principles, values or work ethics of different employees in a diverse organisation. In order to get the innovation planned, produced and ultimately launched, team philosophy is critical and this could require decentralising the organisation or creating a more socially-bonded environment for group working. In the case where an innovation is product-based, the organisation must understand the drivers of marketplace competition. For instance, a technology company that has revolutionised telephony communications would need

African American Women Article Example | Topics and Well Written Essays - 1250 words

African American Women - Article Example Irrespective of their race, religion & class women were not seen as women in the society in the beginning of this century. The woman, often conceived and the childbirth have become dangerous. There was no birth control system in yester-years. The abortion was treated as an unlawful thing. During this century, the life styles of women have changed vastly. The activities of women have brought an important role in transformation of women. Many workingwomen have reached pinnacles in their selective fields. They have become champions in the fields of educational institutions, science and technology. Now the women are more economically stronger and independent than a century ago. The women are not involved in union activities.Now the black women in USA can exercise their franchise not like in olden days. Now the women are well educated and participated in national politics. The African American women were first employed in jobs during the currency of First World War. After the First World War, the services rendered by the woman were forgotten, as they did not enter into domestic service. The start of industries gave some opportunities to women to get good jobs with good returns. The involvement of women in second world war and the role played by them brought changes in awareness and consciousness within the women and the in the society too. The politicians thought of safeguarding the interests of women at their respective work place. The women desired to stick to their jobs by showing their individuality but some women wanted to come back to their domestic service. The work force of woman has largely increased in the year 1940 when compared to the work force of women in the year1939. After Second World War the need of education in higher education and technology has been increased for women after 1960, the entire world wanted to bring a change in inequality irrespective of their class, race and religion.The history of the African American women is the product of time of century old women. It is the growth of the African American women for the last 25 years, which focused on their memories, testimonies and pointing out women's experience. After events of revolution in 1968, the socialist feminism is possible once again the world, liberation of women in capitalism. At the end of 1960, the emergence of feminist framework and civil rights movement could be seen. In 1980s Thatcher and Reagan have elaborated the same. In both the countries of USA and Britain have contrasts of class, race, ethnicity, along with region, age and disability. The books did not carry a definite socialist analysis of the history of women in 20th centuries. The working class woman has not transformed the liberation of women forward. In 20th century, the women have achieved, in many nations, the right to vote, increased their changes in educational and job opportunities. Women used to feel wifehood and motherhood were most important events in their career. History shows that women is creative source of human life, women are always treated as inferior to men, since olden days. The attitude towards women was favorable in the east. In USA, the women were felt weaker than men as they couldn't do hard work which requires muscle power. In women, the Americans found lack of intellectual development. The women were allowed to attend domestic works such as caring of children, cooking cleaning of house and washing clothes. It was felt that women's main role in the society was to give birth to children. In the present scenario, because of major publicity to follow contraceptive methods