Innovation and Change Essay Example | Topics and Well Written Essays - 1500 words

Innovation and Change - Essay ExampleIt is therefore very grand that knowledge on these all-important(prenominal) areas is effectively imparted on the people working for organizations and beyond. As such, this module has been a great source of very relevant knowledge and information on more or less of the contemporary issues that characterize mutation practices across the world. As know in the readings, the essence of mutation is basically to provide efficient means and ways with which operations in the organization can be bettered. In the same way, innovation is normally geared towards increasing the productivity of the organization through alter production methods and efficiency. It was learnt that a very important aspect in the innovation process involves sourcing for the innovative ideas. In this regard, organizations are encouraged to develop a grow of innovation within the organization through inculcating the imperatives of innovation on the minds of the employees (Coo per & Edgett, 2010). Indeed, employees are the greatest assets any(prenominal) organization can effectively use to improve its innovation processes. It was realized that some of the greatest organizations like FedEx and Apple have successfully managed to become market leaders in their respective areas of operation courtesy of innovation. These organizations realized the importance of innovation from an early age and thereby developed very elaborate innovation infrastructure within them. As such, a culture of innovation is very essential in creating the positive change that is much important in the present competitive business environment. However, in addressing the sources of innovation in the organization, it becomes important to realize that some of the assumptions in the module might not always reflect the real picture on the ground. Creating an innovative culture within a particular organization is not really an easy undertaking. In order to create a culture of innovation withi n an organization, a lot of magazine is actually needed coupled with sufficient financial resources to invest in the innovation process. In any case, the realization of these needs is normally high for almost organizations. It therefore implies that smaller organizations might find it much difficult to compete against much bigger organizations which can effectively funds their innovation processes. Without doubt, the success of any innovation process depends upon the proper implementation of the innovation strategy for the organization. The module also highlighted the concept of open innovation and how it can advantage organizations aspiring to benefit from innovation processes. Open innovation is normally the practice whereby organizations are encouraged to go beyond their borders and seek ideas for innovation from other organizations. Indeed, the imperatives of open innovation cannot be overemphasized. The process is very critical as a great source of ideas for organizations ope rating in very competitive environments. Knowledge never exists in isolation. The increment of innovative knowledge therefore depends upon that sharing and developing of other innovative ideas from outside the organization. However, despite the seemingly important role of open innovation as captured in the module, it is realized that some organizations have always failed in their innovation processes through the aspect of open innovatio