Question: Identify the most suitable process for managing innovation in a changing external environment . You must consider the following processes and briefly describe all four
- Identify the most suitable process for managing innovation in a changing external environment. You must consider the following processes and briefly describe all four processes before you offer your recommendation:
- Stage-gate
- Agile
- Lean
- Discover-iterate-pivot
- Explain your rationale for your recommendation.
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- Describe the advantage of your chosen process over others.
- Explain how it can address the changing external environment.
- Explain recommendations for ensuring cross-functional team effectiveness in the chosen process.
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- How would you measure team success at each stage of a project?
- How would you review and implement changes coming out of success measurements?
- How do you know when you are done with the project?
- Describe your plan for addressing the concerns of your key stakeholders. Select two of the following departments whose directors will be your audience: research and development (R&D), finance, human resources (HR), or marketing.
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- Identify key stakeholders who will use the report in your organization.
- List at least two concerns they may have about processes for managing innovation.
- Explain your response to their concerns.
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