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Entrepreneurs Face When Building And Running Their Businesses

Satisfactory Essays

ENTREPRENEUR AND INNOVATION

9740

SUBMITTED TO: SUBMITTED BY:
TIM FISHER TEJINDER SINGH ND15249

CONTENTS
1. After reading the case study identify the problems entrepreneurs face when building and running their businesses? Is innovation necessary for people who plan to start the business? 2
2. Indentify and examine processes and methods to facilitate innovation within an organization. 3
3. As you are the consultant for Coopers explain them in your own words Interpretation of conceptual differences between creativity and innovation that shows the organizational implications of this distinction. 4
4. What is a paradigm? How does a paradigm stifle creativity? 5
5. Work with a small group of your classmates to identify a local competitor business of Coopers that is bound by a paradigm. What impact is this paradigm having on the business? Identify the paradigm and then generate as many creative suggestions as you can that would change the paradigm. 5
6. After doing your research what do you do to suggest the Coopers on the application of mental models or paradigms recognise effects which stimulate or frustrate creativity and innovation within organisations. 6
7. Now identify new opportunities for Coopers to facilitate innovation in terms of contextual requirements. 7
8. Explain to the coopers the description of processes

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