Can any organisation learn to be inovative Essay

Can any organisation learn to be inovative - Essay Example These significant changes are led the impact of the globalisation which has also encouraged the technological expertise and innovation. In fact, globalisation and innovation are closely related with other. â€Å"Globalisation can be viewed as the outcome of processes of imitation and adaptation of innovation† (Organisation for Economic Co-operation and Development, 2005, p.108). Trade and business is the most of the important area that has been heavily influenced by globalisation. Globalization has been a boon for the trade and commerce as it has provided a vast opportunity to entire business world. However, it has also led to intensify the global competiveness as majority of the economies encourage the international trade by imposing free trade policies. Hope and Maeleng have defined the free trade policy as a â€Å"competition enhancing device† (Hope and Maeleng, 1998, p.61). In such competitive environments, the business organisations are trying to gain sustainable c ompetitive advantage, and in this course, innovation is the one of the most key factors. For example, Tidd, Bessant and Pavitt has identified that new product development is highly correlated with the market share and innovative attempts is the core essence of a new product development (Tidd, Bessant and Pavitt, 2005, p.5). The level of innovation generally depends on the size and types of industry. For example, technological innovation is more prominent in automotive industry rather than apparel industry. However, innovation can be termed from the technological perspective but it can be also defined from the management strategic perspective. On the other hand, there are certain requirements that must be met for incorporating innovation and these requirements are external as well as internal environments. This paper wills attempt to present analysis and discussion on the multiple aspect of innovation required in an organisation. The primary focus will on the multiple factors that mu st considered while incorporating the innovation within an organization. Hence, certain popular theories and models on innovation will be explained in order to understand the basics of innovation. In order to meet the primary objective of this paper, the identification of drivers and barriers of innovation will be analysed. Finally, the entire discussions and analyses will be summed up in the conclusion. 2. Theoretical Background regarding Innovation Innovation has been a popular area of study and many scholars and academics have tried to offered and explain their views to present the multiple aspects of innovation. They have realized the increasing importance of innovation in every aspect of human activities especially for the commercial purposes, and hence their theories are essential for the organisation seeking to develop an innovative business model and organisational culture. Incorporating an innovation within an organisation is a long process and number of factors must be ali gned as per the prevailing condition. At presents, the business organisation is continuously trying to improve their overall business model and operating activities by incorporating innovations in their organisation. The innovation used by them â€Å"can range from straightforward cost reduction measures to completely re-designing the business†

Project Management Essay Example | Topics and Well Written Essays - 1500 words - 17

Project Management - Essay Example 67). These problems require the government to take responsibility and solve them. This report is going to highlight how the government was going to reduce the benefits as jobseeker’s allowance, employment allowance, and house benefit, into one single benefit. The UK’s government wanted to improve the welfare system. They laid down policies to implement this. The government had an ambition of stopping fraud by 2023 (Pensions, 2014, p. 23). The minister said this project would minimize the errors of costs usually experienced in departments. The project was to motivate people to seek up employment activities. This will see the standards of living of many citizens rise and reduce dependency on the government. This was a good project, but analysts say the lack of openness in the project raised eyebrows. There was the lack of direction in the project and weak management. The project came up quickly, and the government wanted to implement it immediately. This could bring many shortcomings. Experts advised the government to take things slow and take time to implement the policy (Institute, 2009, p. 87). The project was overambitious. They did not consider the value of money. Under the plans, single payment mechanism was to replace working tax credit, income support, child tax credit, house benefit, and jobseeker’s allowance. The disabled had no place in this project. They cannot get basic human wants because they have no source of income. This shows how the government was selfish in this bringing up this project. This project mainly targets the unemployed. The government should consider the world’s economy is at its worst, and the level of unemployment is on the rise. The project required technology to get a go ahead. The government did use the money wrongly, because they spent money on existing computer programs rather than developing new ones. The population of the people was not one of the issues the government wanted