Question: Innovation is the process that generates value through the creation, development, and implementation of new technologies, products and services. For commercial organizations value may be
Innovation is the process that generates value through the creation, development, and implementation of new technologies, products and services. For commercial organizations value may be expressed as increased market share, revenues, profit or shareholder returns. For public sector organizations value is focused on improved efficiency and enhanced service delivery. Kindly see the video link below and answer the questions: Innovation Management Masterclass 1. Do we need Innovation Management? Of course we do.. but where? And what derive companies to innovate? What happen to companies that ignore innovation? Give example other than NOKIA please 2. In the video the instructor demonstrates different definitions of innovation, think about them, and write down the most convenient definition that you think is the best answer for: What is innovation? Dose innovation should be something totally new? What does perceive as new means? 3 What is the relation between innovation and risk management? Where the balance lles between risk and technology innovators dilemma? 4 Which countries do you think is the most innovative in the world? Why? Please attach link of your rescuers if exist 5. During the period of COVID19 pandemic, innovation management applied in many organizations, Give examples of successful innovative organizations Innovation is the process that generates value through the creation, development, and implementation of new technologies, products and services. For commercial organizations value may be expressed as increased market share, revenues, profit or shareholder returns. For public sector organizations value is focused on improved efficiency and enhanced service delivery. Kindly see the video link below and answer the questions: Innovation Management Masterclass 1. Do we need Innovation Management? Of course we do.. but where? And what derive companies to innovate? What happen to companies that ignore innovation? Give example other than NOKIA please 2. In the video the instructor demonstrates different definitions of innovation, think about them, and write down the most convenient definition that you think is the best answer for: What is innovation? Dose innovation should be something totally new? What does perceive as new means? 3 What is the relation between innovation and risk management? Where the balance lles between risk and technology innovators dilemma? 4 Which countries do you think is the most innovative in the world? Why? Please attach link of your rescuers if exist 5. During the period of COVID19 pandemic, innovation management applied in many organizations, Give examples of successful innovative organizations