Question: Continuous Improvement Process 6 . Develop a continuous improvement philosophy to ensure the implementation of your strategy increases the competitive advantages of your organization. 6

Continuous Improvement Process
6. Develop a continuous improvement philosophy to ensure the implementation of your strategy increases the competitive advantages of your organization.
6.1. Create and thoroughly explain the continuous improvement philosophy of your organization.
6.1.1. Consider adopting an existing continuous improvement philosophy such as Kaizen, Six Sigma, EFQM, etc. Explain it thoroughly, specifically addressing who, what, why, when, where, and how the continuous improvement philosophy will be employed to ensure competitive advantages are achieved.
6.2. Explain how problems and challenges will be analyzed and solved.
6.3. Explain how to create the right environment for continuous improvement within your organization to ensure competitive advantages are achieved.
Culture & Performance
7. Explain how the culture of your organization will impact the implementation of the strategy for your innovative new product idea that increases its competitive advantage.
7.1. Define the purpose of your organizational culture and how it contributes to the successful implementation of your strategy.
7.2. Explain how each category of the cultural web in your organization will impact the successful implementation of your strategy.
7.3. Explain how "cultural fit" and "cultural add" will be managed by your team.
7.3.1. Explain how conflicts to the organizational culture will be handled.
7.4. Design an incentive and reward plan to promote effective and efficient strategy implementation.
Conclusive Remarks
8. Develop closing remarks to your management team that encourage collaboration and inspire innovation and entrepreneurship in the effort of implementing your strategy for your innovative new product idea that increases the competitive advantage of your organization.
 Continuous Improvement Process 6. Develop a continuous improvement philosophy to ensure

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!