Question: Explore how organizations manage the four-step innovative process common to all organizations (searching, selecting, implementing, capturing) Identify trends, challenges, and best practices in corporate innovation

Explore how organizations manage the four-step innovative process common to all organizations (searching, selecting, implementing, capturing)

  1. Identify trends, challenges, and best practices in corporate innovation
  2. Discuss how leadership plays a pivotal role in the design, operation, and culture of innovation
  3. Research a trend in innovation that a company(s) is currently using. Please note the trend that you research cannot be the metaverse or 3D Printing.

  4. Innovation Trend
  5. Which innovation trend are you researching (make sure it’s NOT 3D printing or the metaverse)? How did it begin (origins)? Who is using it? How is it being used?
  6. Has it entered the consumer market? If so, how long has it been on the market?

  7. World Implications
  8. How is this trend changing the world for consumers, entrepreneurs, and others?
  9. How is this trend changing corporate business practices or processes?

  10. Organizational Implications
  11. List one organization that is currently using this innovation.
  12. Why did the organization decide to develop this innovation?
  13. How does the organization make money from this innovation?

  14. Challenges
  15. What types of challenges are corporations facing with this innovation?
  16. What types of challenges are customers facing with this innovation?

  17. Leadership
  18. How did leadership play a role in incorporating this innovation trend within their organization?
  19. Does the company(s) using this trend support a culture of innovation? If so, how?
  20. Which best practices does the company(s) using this trend have in place for leading through innovation

  21. Learning Outcomes:
  22. Explore how organizations manage the four-step innovative process common to all organizations (searching, selecting, implementing, capturing)
  23. Identify trends, challenges, and best practices in corporate innovation
  24. Discuss how leadership plays a pivotal role in the design, operation, and culture of innovation.


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Innovation is a crucial aspect of organizational success and managing the fourstep innovative process is essential for organizations to stay competitive in the market These steps include searching for ... View full answer

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