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You are required to choose 3 innovative companies for example: Apple, Amazon, &Google etc. and respond to the questions, however in order to respond to the questions and provide the requirements you must do some research on the actual company. submit their own idea for an innovation along with a model they find useful for evaluating its merits. Each member is responsible for completing research on various models. While there are several models in circulation for evaluating innovations, such as The Lean StartUp Plan, NOMMAR, SNIFF, and the linear and mental models of innovation, innovators should not feel constrained by any particular model. Feel free to borrow elements from multiple models to develop one that would work best to most effectively evaluate your own innovation.1000 words.

1. What particular elements of each organization's culture, processes, and management systems and styles work well to support innovation?

2. Why do you think these organizations have been able to capitalize on innovation and intrapreneurship while others have not?

3. Based on what you have learned, what processes and systems might actually stifle innovation and intrapreneurship?

4. Imagine yourself as an innovation architect. What structures or processes would you put in place to foster a culture of innovation within your own organization?

Microeconomics, Economics

  • Category:- Microeconomics
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