Innovation Matrix
Name: Mohamed Masood
ID: 20132170
Course: Creative and Innovation
Year: 2014 – 2015
Table of Contents
Executive Summary 2
Introduction 3
Business Innovation Process 4
Innovation Matrix 5
Analysis of Innovation 6
Initiators of Innovation 8
Organization’s Portfolio of Innovations 9
Problem Analysis and Measures 10
Conclusion 11
References 12
Executive Summary
The technological is a major turning point in the life of communities and nations, it was preceded by some communities and other nations in how much they benefited from this revolution, dropping advanced and sophisticated, rich and powerful actor. In countries which have taken advanced science and technology slogan used to discredit the bounties of developing countries, and the means used are new and innovative is not the counterparty earlier era. In addition, societies today live on a number of levels a lot of competition and rivalry and collision due to differences in the interests of individuals and peoples before, and are used in order to reach the goals in such areas a lot of effort and heavy time 's abundant and large amounts of money.
Hereby in my report, I will include the matrix of innovation and the implementation of this matrix in UAE organizations, with the benefits and advantages of innovation ideas to gain competitive advantages in the market. Regarding the changes that took place within modern societies included many levels dealing with all aspects of life. In order to meet the complex thorny situation and find solutions to intractable problems organizations need to be innovative.
Introduction
Innovation can be defined as new ideas and useful and connected to dissolve certain problems or assembly and re-installation of known patterns of knowledge in the form of a unique, not only innovation on the technical advances because it does not include the development of commodities and related processes and market preparation, but beyond also machinery, equipment and
References: Product Innovation This type of innovation includes wide area of innovation, the products are considered obvious innovation application, and according to Dyson (1997) product innovation is a dual cyclone used to create new efficient products Process Innovation The process innovation is not the main concern of the final consumers, it is only important for the organizations, it has bigger impact on the operations and the production processes of the products for the customers (Chapman, 2002) Buckland, W. H. (2003). Inventuring. Boston: Harvard Business School Press. Chapman, S. (2002). Four Centuries of Small-Scale Industry in Britain. Oxford University Press, 01-30. Isaksen, S. D. (2000). Creative Approaches to Problem Solving. Dubuque.: IA: Kendall/Hunt Publishing. Tidd, J. &. (2002). The affect of project novelty on the new product development process. R&D Management, 127–138. Tushman, M. &. (1997). A Practical Guide to Leading Organizational Change and Renewal. Boston: MA: Harvard Business School Press.