Introduction: Innovation is one of the top priorities of today’s organizations globally. As they

"It is a false assumption of mankind to assume the resilience of outdated practices," said western thinker and philosopher Slavoj Žižek. I agree with Žižek in supporting the statement that it is always necessary to find new solutions to problems. Innovation is paramount to our growth as a civilization, and will perish if not used, which can be exemplified through literature, history, and current world affairs.

In addition, I will review how certain processes and systems could hinder innovation. Lastly, I will explain what organizational structures or processes could foster a culture of innovation at my present employer. [Good work suggesting the scope and purpose for the assignment. I’ll look to see how you make your points including your research and support for your analysis.]

The places that innovative ideas come from can vary. The innovation process involves creativity of the mind. The ideas that surround innovation come from employees, customers, competitors and even your suppliers. Anything that deals with innovation is challenging. The purpose of this report is to identify the sources of innovation, how it affects industries and to evaluate disruptive innovation.

Innovation is to create new ideas or add new information to original projects in order to improve the function and services of an institution. Innovation also refers to remodeling a product, simplifying processes and applying different strategies of management. Literally, innovation is the “change that leverages and functions better than before” (Tien, Chao 2012). Innovation types are product or services, production process, organizational, personnel, technical and management innovation. All type of innovations includes technical innovation and management innovation Tien, Chao 2012). In this case, organizational innovation from different leaderships’ style will be discussed.

Currently, organizations are immersed in a dynamic and competitive environment. Changes in technology and markets, products and services, and changes in consumer preferences are an integral part of such environment. For example, companies are inventing various products while advancements in information and communication technologies (ICT) are continuously changing the ways and channels of product production and delivery (Greenhalgh & Rogers, 2010). In addition, increased corruption, incessant occurrence of disasters, and effects of the global economic meltdown are rapidly influencing the market and business operations around the world. Nowadays, business environment becomes more turbulent which further influences the operations and decisions of organizations (Shorthose, 2012). Organizations need to reinvent themselves to catch up with these changes and generate more profits. It is possible through continuous innovations. Innovation is a significant force in increasing economic development and growth, and organizational performance (Van, Alvarez, Peris-Ortiz, & Urbano, 2015).

Some companies are able to sustain innovation over the long run, and their competitors find it difficult to replicate this success. For the innovative company, that innovation pipeline becomes a key source of sustainable competitive advantage. There is no one magic formula for innovation, but for the most successful firms it stems from a combination of leadership, culture and processes. This paper will take a look at some companies with strong track records for innovation, and analyze why those companies have been able to succeed where their competitors have failed.

It takes more than sustaining and improving current forms of value to build a platform for success in tomorrow's business environment. Organizations need to explore strategic ways to devise new and innovative forms of value, a true innovation system relies on the ability to capture and interpret the articulated and unarticulated needs of your current and future customers, it requires the leadership behavior, infrastructure, and processes to execute effectively on key insights. Creating new value means more than developing new technologies, products, and services using traditional product development processes. Strategic innovation covers all areas of the business model such as customer experiences,

“Innovation generally refers to changing processes or creating more effective processes, products, and ideas (Business, 2017). Innovation mean to put in to place new ideas, generating powerful products, or improving your existing services (Business, 2017). Innovation can be a spark for the growth and success of a company, and help them to adapt and grow in the marketplace” (Business, 2017). Innovative is not only inventing, but changing your business model and adapting to changes in your environment to deliver better products or services. Successful innovation should be an in-built part of your business strategy, where you create a culture of innovation and lead the way in innovative thinking and

Title: Managing and Organizing for Innovation in Service Firms. A literature review with annotated bibliography Author: Annika Schilling & Andreas Werr - Stockholm School of Economics Series: VINNOVA Report VR 2009:06 ISBN: 978-91-85959-47-1 ISSN: 1650-3104 Published: Februari 2009 Publisher: VINNOVA - Swedish Governmental Agency for Innovation Systems / Verket för Innovationssystem VINNOVA Case No: 2008-02234

Businesses of various size and scale are leveraging new technologies and innovative ideas in their operations to gain competitive advantage, add value and remain viable in the 21st Century. Integrating new ideas and creating change to existing business models involves careful planning with temporary projects formed to initiate the changes. While corporate leaders and entrepreneurs focus on the directives of the business, the tasks of overseeing the planning of these temporary projects from inception to completion is given to designated project managers. Components of projects are: (a) they have an objective; (b) have a beginning and end; (c) involve multiple departments and professionals; (d) have never been done before; (e) account for time, cost and performance. (Gray & Larson, 2014). The purpose of this paper is to introduce this writer’s project proposal that will bridge the business’s existing reporting tool to enable multiple users and departments across different business functions to access the same reports. From this point on, the project will be referred as Project Bridge. Project Bridge consists of a system enhancement that integrates business functions in a reporting tool that will allow faster reporting, provide more efficiency, and have capability to report sales volume by location. This writer will enact the role of Project Manager for Delectable Desserts, a mid-size business that specializes in manufacturing dessert products for restaurants. In this

A patent is people with everything taken into account presentation of the progression and the ideal system for honing the creation, as a result of the rights to that data for a set time traverse. A patent empowers its proprietor to expel individuals from people generally speaking from making, utilizing, or offering the confirmed change.

Historically, most executives referred to innovation primarily with the development of new technologies or products. However, innovation is increasingly seen as the development of new service offerings, business models, pricing plans, distribution channels, or management practices. There is a greater recognition that great ideas can transform any part of the value chain and those products and services represent just a small segment of innovation. This broadening of focus has implications for those who are responsible to innovate. It used to be just a selected group of employees, usually within R&D: engineers, designers, or scientists, whose job was to generate and pursue new ideas. Nowadays, organizations are trying to induce an innovative culture across the hierarchy to achieve holistic transformations. Making innovation everyone’s business sounds intuitively appealing but is hard to implement. Employees face capacity issues, time constraints, and motivation issues that restrain them. There is often a lack of consistent follow-through of well-intentioned schemes. Additionally, there is typically some level of disconnection between the priorities of senior management and the efforts of those lower down in the organization. This becomes more evident in large corporations where established processes are already in place and leave very little room to innovate.

The improvement of innovation is making a wide range of things should be possible all the more effectively. Included is a technique for conveying information to one or different PCs on the double. Perhaps we are a layman, don 't see how the procedure of the conveyance or dispersion of the information, in subtle element. Generally we know just restricted utilization of the fibre optic link in the conveyance process information. Also, and still, after all that just quickly information. As Human nowadays, Internet is already be part of our lives. An internet connectivity is a must in this modern era due to the technology that has grown rapidly. Wi-Fi has been with humans for about 30 years. And the first Wireless Technology introduced was the WaveLAN. And from that moment, the name of Wi-Fi became booming around the world and human uses a lot until now. Li-Fi was invented by Harald Haas from the University of Edinburgh, Scotland in 2011, when he exhibited surprisingly that by flashing the light from a solitary Drove, he could transmit significantly a larger number of information than a cell tower (Crew 2015). This technology has been demonstrated at the 2012 Consumer Electronics Show in Las Vegas using a pair of Casio 's smartphone data exchange by using light of varying intensity were released from their screens , were detected at a distance of up to ten meters. Which then this points to a question of many people asking, is Wi-Fi generation will be

William proctor and James Gamble established Proctor and Gamble in 1837 as a soap and

Innovation is an essential component in the modern day business environment to further satisfy needs and expectations of potential customers. It is a major factor of productivity growth and is important to organizations of all sizes (Edmiston, 2007). Main factor in this study would be size of firm where we discuss innovation in Small Enterprises (SE) and Large Enterprises (LE) based in New Zealand in respect to their business contexts with regards to factors that contributes to SE’s being more innovative.