We write, we don’t plagiarise! Every answer is different no matter how many orders we get for the same assignment. Your answer will be 100% plagiarism-free, custom written, unique and different from every other student.
I agree to receive phone calls from you at night in case of emergency
Please share your assignment brief and supporting material (if any) via email here at: [email protected] after completing this order process.
Assignment Title: Presentation on An Innovative Business Case
Evaluate the range of methods for protecting ideas and understand their advantages and disadvantages.
Department of Trade and Industry: Case Scenario (Adapted)
To adapt to the changing concepts of customer service, companies need to develop new manufacturing and management processes in order to develop new products and services. This would help give them a cutting edge over their competitors. Innovative companies are those which have a sharp customer focus. The consider the needs and preferences of their customers as essential elements for success. The most successful companies are those which are best able to adapt to changing needs of business.
Innovation is not another word for invention, inventions are very important because they are part of the creative process which helps to develop new ideas and products. But relatively few inventions become products, invention is about developing new ideas, about how to do things, but is not necessarily about actually doing them. Invention may be part of the process of innovation but innovation is much broader. Innovation a s a concept embraces the whole spectrum of ideas, attitudes and structures within an organization. It is a framework within which continuous improvement in products, services and processes can be made. Innovation is the successful exploitation of new ideas; a total process of developing a new concept into a new product or process which adds value to the business, this process has to be recognized and managed.
As a member o an organization, never think “innovation does not involve me”. Innovation embraces all, people, their jobs, the systems, technology they use and is an essential part of good management. It applies as much to the choo; or college which you attend, the family group in which you live and any company you work for or establish yourself. Innovation is a part of all business functions – research, design, development, production, purchasing, personnel, marketing, sales, distribution, servicing, training, finance and administration. It is a dynamic process which is as much a part of long-term strategy as it is a part of everybody practice. Innovation is the process of taking new ideas effectively and profitably through to satisfied customers. It is a process of continuous renewal involving the whole company, and is an essential part of business strategy and everyday practice.
Innovative organizations see all their employees as a key resource. Such organizations provide every individual with an opportunity for training and continuous personal and professional development, and have a culture which enables all employees to make a contribution to the success of the company and to achieve personal fulfilment.
Leaders who are enthusiastic champions of change are an essential component of a successful, innovative organization. Such leaders are able to communicate their vison and their objective throughout the organization and to cascade it downwards, so that everybody within the organization welcomes the change. Such leaders must be able to motivate all employees, take risks, be prepared to see others take risks and if necessary, fail. They are responsible for creating innovative culture throughout the company. Customers are the focal point of an innovative organization. Organizations today realize that they cannot compete on the basis of their products and prices alone. Satisfying customer needs has become the major tool used by innovative organizations to compete in the rapidly changing markets of 21st century.
As a manager in-charge of product development, you are mandated to prepare a presentation which will be submitted to the Director, new product development. The PowerPoint Presentation slides with notes should cover the following topics:
The standard price quoted for this coursework is for 3000 words. For custom word count and bespoke written work, contact via Whatsapp, Email: [email protected] or Live Chat.
Get all these features for د.إ195.00 FREE
Check Out Our Original Reviews