How can organizations create an environment that encourages and rewards risk-taking, a critical element of successful innovation?
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- Is changing the organization’s domain a feasible strategy for coping with threatening environment?How can Organizations be tools for innovation, depending on the organization’s values and purpose?How does risk management factor into decision-making at various levels of an organization, and what strategies can be employed to mitigate risks while pursuing innovation and growth?
- What are the potential benefits and disadvantages of innovation through cooperative strategies?External forces create increasing need for the organization to evolve to best take advantage of opportunities as well as meet the challenge of threats. What are the common forces of change? What are some examples of each?What are the challenges in which innovation can cause resistance
- How can organizations balance the need for change with the need to maintain stability and continuity?Why is it difficult to deal with discontinuous innovation? What is the greatest lesson about innovation?What are the key trends and technologies shaping innovation management in the 21st century, and how can a firm effectively navigate these trends and technologies?