Instructions
Viewing innovation as an end-to-end process rather than focusing on a part allows you to spot both the weakest and the strongest links.
Which Innovation Strategy Is Right for You?
There are many excellent innovation perspectives, as this small sample of published works indicates. The innovation value chain provides a framework for managers to sort out which approaches make the most sense for their companies to adopt.
Rate your company’s innovation value chain. If you want to improve your company’s innovation performance, start with the questionnaire.
For this assignment, complete these steps:
- Describe your company’s innovation value chain.
- Complete the questionnaire.
- Then have 5-10 employees from a cross-section of functions within the company fill out this questionnaire.
- Calculate the average score for each activity and focus your attention on the highest one or two numbers—these are your weakest links.
- Summarize your findings from the questionnaire and add your reactions to the findings.
- Provide three recommendations to address the weakest links.
- Explain why your recommendations would be effective.
- Comment on the likelihood of being able to apply your recommendations.
Mechanics: This assignment is to be submitted as an academic essay. You are required to reference the readings and articles that provide evidence of effectiveness for your proposed plan. Give your paper a title, a brief introduction, and a conclusion. Adhere to the American Psychological Association (APA) guidelines for citation and references. Limit it to 750-1,250 words (3-5 pages) typed, double-spaced, Times New Roman, 12 point font, 1″ margins.
Sample Solution
