Demonstrate knowledge about the elements of and linkages between an organization’s innovation strategy formulation and implementation;
Evaluate an organization’s innovation efforts for the purpose of providing recommendations for how a firm can improve its performance relative to its competitors;
Generate viable options to specific strategic innovation decisions; and
Formulate a strategic recommendation.
Pursue Your Passion Technological Innovation Project:
take one of your passion project companies. To date, you have described
the innovation (using concepts from class), explained the development of the innovation (e.g.,
why and how it was developed and its level of success) and summarized the lessons learned
from this experience. Now, take it to the next level for the company, or a company using the
innovation. Describe:
the current strategy of the company,
the challenges it faces in taking advantage of the innovation, and
make recommendations for how it should proceed.