KFC Experimentation and Evaluation in Organization Paper

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Discuss how such experimentation and evaluation could be implemented in the organisation

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In this module, Dr. Budden and Professor Murray distinguished innovation-driven enterprises (IDEs) from small- and medium-sized enterprises (SMEs). You explored innovation loops, their use by entrepreneurs, and how they help to reduce uncertainty and risk over the lifetime of an innovation project. Finally, Dr. Budden and Professor Murray explored how large corporates can integrate these innovation loops into their organizations to make their innovation processes more effective and more easily aligned to ecosystem engagement. Taking what you have learned in this module into consideration, assess how experimentation and evaluation occurs in an organization of your choice. Briefly describe the current processes that are followed and some of the challenges that the organization experiences as a result. If it is not yet part of your organization’s business model, discuss how such experimentation and evaluation could be implemented in the organization. Include some of the possible challenges that could arise during the implementation. (300–400 words) Start writing here:
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Running Head: IMPLEMENTING EXPERIMENTATION AND EVALUATION

Implementing Experimentation and Evaluation
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IMPLEMENTING EXPERIMENTATION AND EVALUATION

How Experimentation and Evaluation Could Be Implemented In the
Organization
Experimentation and evaluation in an organization such as KFC could be
implemented by making the enterprise an innovation-driven entity with broad
ambitions. The entity can be made global to harness innovation by pursuing the use of
technology to drive its growth in terms of customer base and market niche. KFC may
also focus on the innovation ecosystem to identif...

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