In Technology Innovation Change, what is alignment and vision?
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 1CRQ: How do we define technology and innovation, and how are they related?
Related questions
Question
In Technology Innovation Change, what is alignment and vision?
Expert Solution
Step 1
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.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you