Question: Dynamic capability is the ability for change and manage corporate learning. It allows an enterprise to adapt, develop and respond to future opportunities and discontinuous

Dynamic capability is the ability for change and manage corporate learning. It allows an enterprise to adapt, develop and respond to future opportunities and discontinuous technologies. Innovation normally results in changing the routines. It is believed that lack of dynamic capabilities and not managing learning in an enterprise could be costly for the future of an enterprise.

  • Examine management factors affecting innovation success or failures. Give examples.
  • Compare the process of managing innovation project with a standard development project. Give examples of each management process.
  • Explain what a Dynamic Capability is and how it could be used by management to extend the organization's abilities. Give examples of organizations that successfully responded to change through their dynamic abilities.

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Management Factors Affecting Innovation Success or Failures 1 Leadership A strong and supportive leadership is crucial for innovation success Leaders should empower employees to take calculated risks ... View full answer

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