MGT411 Innovation Entrepreneurial Change Paper

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timer Asked: Feb 5th, 2019
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Question Description

Use the same organization that your team selected for the Week 3 Innovation/Entrepreneurial Change Annotated Bibliography Assignment.

Write a 1,050-word business proposal to the organization's Board of Directors to revitalize the organization through some well thought out innovative strategies. Your proposal should include the following:

  • Analysis of the missed opportunities for innovation which have negatively impacted the organization.
  • Description of innovation measurement and reward systems for existing employees.
  • A process for creative problem solving.
  • Description of the implementation and evaluation of innovation.
  • Evaluation of external technology acquisition and implementation processes.
  • Analysis of the organization's ecosystem in terms of innovation.

Format your paper consistent with APA guidelines.

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Innovation/Entrepreneurial Change Paper Grading Guide MGT/411 Version 2 Innovative and Creative Business Thinking Innovation/Entrepreneurial Change Paper Grading Guide MGT/411 Version 2 Team Assignment: Innovation/Entrepreneurial Change Paper Purpose of Assignment The team assignment due in Week 4 provides students with an opportunity to engage in business proposal development with innovative strategies as a catalyst for innovative competitiveness. This paper guides students through analyzing missed opportunities for innovation, developing innovation measures and reward systems, a process for creative problem solving, innovative implementation and evaluation, as well as clarifying issues related to acquiring and implementing external technologies, and assessing ecosystems in terms of innovation. Resources Required The organization the team selected for the Week 3 Learning Team Assignment: Innovation/Entrepreneurial Change Annotated Bibliography Grading Guide Content Met Partially Met Not Met Total Available Total Earned 7 #/7 The team develops a business proposal for the organization’s board of directors to revitalize the organization through some well thought out innovative strategies. The team analyzes the missed opportunities for innovation which have negatively impacted the organization. The team describes innovation measurement and reward systems for existing employees. The team details a process for creative problem solving. The team describes the implementation and evaluation of innovation. The team evaluates external technology acquisition and implementation processes. The team analyzes the organization’s ecosystem in terms of innovation. The paper 1,050 words in length. Comments: 2 Innovation/Entrepreneurial Change Paper Grading Guide MGT/411 Version 2 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 3 #/3 10 #/10 The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3 ...
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Tutor Answer

NicholasI
School: University of Virginia

Hi, kindly find attached

Running Head: ENTREPRENEURIAL CHANGE

Entrepreneurial Change
Student’s Name
Institution
Date

1

ENTREPRENEURIAL CHANGE

2

Introduction
In order to continue succeeding, our organization has to come up with mechanisms that can be
applied when there is a need for correctional strategies with regard to the entrepreneurial practice
we have in place. In the form of a business plan, this paper will aim to address the board of
directors on how they can revitalize the organization through some well thought out innovative
strategies.
Missed opportunities for innovation which have negatively impacted the organization.
The following are some of the factors that have worked towards ensuring that opportunities for
innovation are not tapped into as they should have been in the first place. This translates to the
fact that all these opportunities are missed in their entirety and therefore to some extent impeding
the growth of the organization in some angles. They include the following;
Unavailability of a department in charge on innovation- The fact that there is no department
whose main job is to deal with matters related to creativity and innovation has contributed to the
increase in cases of missed opportunities that have also gone a very long way to impacting the
organization in a negative way. The missed opportunity that comes from lack of a department in
charge of dealing with this matter, means that the opportunity for the organization to use bright,
creative ideas in making its operations even better is gone and what remains is the fact that the
organization has to stick with the methods it uses, and this could cause side effects such as the
organization remaining stagnated for some longer times.
Innovation measurement and reward systems for existing employees
In order to have all the employees on board with the idea of making sure that the levels of
innovations are increasing and creativity is promoted, they will need a source of motivation and

ENTREPRENEURIAL CHANGE

3

drive. It is for this reason that there are innovation measurement and reward systems for existing
employees. These measurements include the following;
Rewards for innovators- The first measurement would be to make sure that there is a system in
place that rewards any employee who comes up with an innovative idea. This would mean that
there are a layout and a framework for rewarding employees who come forward with any new
and creative ideas.
This would go a long way to encouraging employees within the organization to think outside the
box and hence be more innovative and what this would mean in the long term is that the
organization benefits from an increased level of innovation. With this, it would, therefore, be
even easier to revitalize the organization through some well thought out innovative strategies that
correspond to this one.
Train employees on the importance of innovation-By making sure that the em...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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