In Technology Innovation Change, what is alignment and vision?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 1CRQ: How do we define technology and innovation, and how are they related?
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In Technology Innovation Change, what is alignment and vision?

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The purpose of strategic planning aligning a company's mission with its vision. Without the mission and vision, the plan used to exist in a vacuum, as because the mission is the starting point to plan, the vision is the destination, and the strategic plan is the blueprint that helps in navigating from one to the other.

Having strategic alignment on an innovation project the opposite of performing “random acts of innovation.” That means that the organization has undertaken innovation following some specific goals in mind.

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