Discipline: Management Assignment Type: Essay Academic level: Instructor: Date: Introduction Process and product innovation are two different concepts (Sloane 2007). Product innovation is generally based on meeting customer’s taste and preferences by designing a new or considerably sophisticated product whereas process innovation entails improvements of firms operations and market supply chain (OECD 2005). From these differences it will be clear to note that product innovation enables the organization to achieve competitive milestone by differentiating its products from that of competitors’ (Sloane 2007). However in process innovation firms aim at improving their efficiency. Product innovation is therefore market driven. This paper focuses on product innovation rather than process innovation. In the recent past Apple Technologies invented iPhones which the ultimate convergent device. How due to ever increasing competition with other companies across the globe they have innovated a new Apple Pay App which did away with the need of physical however vision requires managers to know their needs and interest as well as communicate in persuasive manner. Apple company managers was able to excel in innovating a new way of acquiring credit cards just because they persuade their employees and envision the in the shared vision of the organization. References Amabile T. M. (2010). Keys: To creativity and innovation. User’s guide. Greensboro NC: Center for Creative Leadership. www.ccl. org Carnall C. A. (2003). The change management toolkit. London: Thomson. Kouzes J. M. & Posner B. Z. (2003). Leadership practices inventory: LPI. San Francisco CA: B Pfeiffer. Sloane P. (2007). The innovative leader: How to inspire your team and drive creativity. London: Kogan Page. Vehar J. R. (2008). Creativity and innovation: A call for rigor in language. In G. J. Puccio et al. Conference proceedings: An international conference on creativity and innovation management Book two p. 259-277. Buffalo NY: Buffalo State College. [...]
The sequence of assignments in this course asks you to focus on four main concepts: •How contemporary leadership practices and models support innovation in the global context. •The personal skills and leadership practices that drive innovation and the creation of innovative organizations. •The models of innovation and change management leaders use to create a culture of innovation. •Communication strategies, including storytelling, that support culture change in innovative organizations. Your readings, videos, and other resources have introduced you to several models of innovation and change management as well as leaders' role in the process. You have also researched additional articles and Web sites for this assignment, including: •Two articles or resources on design thinking. •One additional resource on change management. •One article focused on leading innovation in your current or future specialization, industry, or sector. Using all of these resources, you will develop your assignment as described below. Assignment Instructions For this assignment, identify a potential process, product, service, or procedure for innovation to use in your paper. You may use an idea from your current work, one you thought of in a past work environment, one from your personal life, or one you have read about in the Wall Street Journal or other resource. The point is to take an example of a potential innovation and apply it to your paper. Analyze and apply the first three components of the design thinking process to your chosen innovation: 1.Empathize (learn about your audience). 2.Define (create a point of view based on needs). 3.Ideate (brainstorm ideas, be wild). Analyze a change management model you could integrate into this innovative process. You may choose the one you studied in this unit, such as the one discussed in Worley and Mohrman's 2014 article, "Is Change Management Obsolete?" or one you found in your own research. Evaluate two leadership practices, identified Units 1 and 2, that you could incorporate into your innovative change process. Explain how you, as the leader, would use these practices to accomplish the first three components of the design thinking process. You will also be evaluated on how well you communicate your analysis and insights. It is expected that you will communicate in a manner that is professional and consistent with expectations for members of the business professions. To aid you in doing this, follow these guidelines: •Carefully organize your assignment so there are three major headings devoted to each of the following topics. You may want to use subheadings in the first section to ensure the reader can find each of the three components. •Make sure that the reader can easily find: ◾A section that analyzes and applies the first three components of the design thinking process to your chosen innovation. ◾A section that analyzes a change management model you could integrate into this innovative process. ◾A section that evaluates two leadership practices that you could incorporate into your innovative change process. •Optionally, graphs or diagrams may be included in appendices, if they are well-explained and applicable. •Each section of the paper must be supported using the course readings, and additional scholarly resources or reputable industry publications may be used, if needed. One to three supporting resources are recommended.