Question: Using the 4 P ' s Approach to Explore Innovation Space Review the description of the 4 P ' s of Innovation Atentify an innovation

Using the 4 P's Approach to Explore Innovation Space
Review the description of the 4 P's of Innovation
Atentify an innovation from the 2024 CES Show and plot where you believe this innovation should be positioned on the 4 P's model. (1 mark)
Identify 4 past innovation activities from the same company and plot these on the 4P's model as well. (4 marks)
What is your perspective on the company's innovation strategy based on this pattern from your mapping? Where is their innovation focus? What are their strengths? Provide rationale for your answer. (5 marks)
Finally, looking ahead, where could/should this company be concentrating? Where is it vulnerable and therefore where are there new targets for strategic innovation? (5 marks)
 Using the 4 P's Approach to Explore Innovation Space Review the

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!