Modern corporations realize that in order to remain competitive, they need to innovate. In class, you’ve discussed several barriers to innovation and possible ways to overcome those barriers. In this activity, you will take the things you have learned and ponder ways to help a struggling company develop a more innovative culture. Instructions Read the article "Easy Ways to Innovate in Business."Links to an external site. Write a 1-2 page initiative for Carol’s company (from the article) that you feel will help establish a more innovative culture. (Initiatives are specific projects or programs undertaken to achieve a goal or strategy.) Be sure to include in your initiative the following: The innovative barrier you are addressing. An explanation of the plan or process you propose to initiate to overcome the barrier.  An explanation of how you think the initiative will help establish a more innovative culture within the company.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter4: Choosing A Form Of Business Ownership
Section: Chapter Questions
Problem 6DQ
icon
Related questions
Question

Overview

Modern corporations realize that in order to remain competitive, they need to innovate. In class, you’ve discussed several barriers to innovation and possible ways to overcome those barriers. In this activity, you will take the things you have learned and ponder ways to help a struggling company develop a more innovative culture.

Instructions

  1. Read the article "Easy Ways to Innovate in Business."Links to an external site.
  2. Write a 1-2 page initiative for Carol’s company (from the article) that you feel will help establish a more innovative culture. (Initiatives are specific projects or programs undertaken to achieve a goal or strategy.) Be sure to include in your initiative the following:
  • The innovative barrier you are addressing.
  • An explanation of the plan or process you propose to initiate to overcome the barrier.
  •  An explanation of how you think the initiative will help establish a more innovative culture within the company.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub