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Build and Sustain an Innovative Work Environment

   

Added on  2022-12-16

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BUILD AND
SUSTAIN AN
INNOVATIVE
WORK
ENVIRONMENT
Build and Sustain an Innovative Work Environment_1

Table of Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
Task 1 INNOVATIVE PRACTISES.......................................................................................................3
PART A CASE STUDY..........................................................................................................................3
Part B contexts and practices...................................................................................................................4
Task 3 Workspace design........................................................................................................................6
Short answer type questions........................................................................................................................7
CONCLUSION...........................................................................................................................................8
REFERENCES..........................................................................................................................................10
Build and Sustain an Innovative Work Environment_2

INTRODUCTION
Innovation in the workplace plays an important role it helps in increasing the profit of
the business by providing the best quality of goods and services to the customers. Innovation
helps in adding value to the goods so that customers can get attracted towards the goods which
the organization is providing. It helps in improving the services of the business by using the new
and innovative technology in the business every organization should apply a change in the
business so that demand of the existing customers can be maintained and new customers can get
attracted towards the business . if organization will not innovate its services then it can affect the
overall growth of the business in the market. Innovation helps in increasing the efficiency of the
employees by developing new ideas in the business. Before innovating the services of the
business company should analyze the needs and requirement of the customers so that demand of
the customers can be satisfied effectively company should also observe the strategies of the other
businesses of the market so that company can gain competitive advantage in the market. In the
economy there are various technology which helps in innovative the services of the company. In
order to innovate the services of the business organization requires huge investment because it
involves advance technology in the business due to which huge investment in the business is
required. For the smooth functioning of the business organization should hire well skilled
employees in the business so that effective decision can take place in the business. For the long
term survival of the business innovation is very important.
Deloitte helps in eliminating the gender inequality and biasness in the organization so that
growth of the business can take place in the business. It helps in providing opportunities of the
employees due to which innovation takes place in the business. It helps in motivating the
employees which increases their ability in the business. If the organization will get biased with
their employees then it can affect the revenue generating power of the company. It helps
eliminating the conflicts in the business due to which productivity of the business also get
effected in the market. Organization should create healthy working environment in the business
so that performance of the business also gets enhanced in the market. In this report it will be
analyzed that how innovation helps in the growth of the company (Mohammdi, 2018).
MAIN BODY
Task 1 INNOVATIVE PRACTISES
PART A CASE STUDY
1. Innovation in the organization
Woolworth is the top supermarket chain in Australia it has developed various innovative
techniques in the organization to innovate its services so that goodwill of the company
can get developed in the economy. they have various prototyping techniques so that new
ideas can be take place in the business. Organization has developed an self services
platform through the help of digital technology customers can order the items they
Build and Sustain an Innovative Work Environment_3

require through the use of ipad provided by the company it helps in reducing the
shopping time of the customers organization innovate its services to fulfill the needs an
requirement of the customers in an appropriate manner. Woolworth has also innovated an
real time feedback system which help the customers to provide the feedback on the real
time which will help the business in innovating the services its services in the market . In
woolworth there are well skilled employees which help them in generating positive ideas
in the business due to which it is considered among the top companies. Organization has
to go through a huge risk while innovating its services in the business. Like financial risk,
demand and requirement of the customers etc. because innovation in the business does
not attract the attention of the buyers then it can affect the overall growth of the company
in the marketplace.
2. Management of the organization helps innovating the services of the business by
providing the rules and regulation to the employees which will help in innovating the
services of the business of the business. There are different department in the
organization which are involved in the innovation. Like stakeholders, top level managers
etc. they provide the guidance to the organization which help in developing the
innovation in the business.
3. Innovation is evaluated on the basis of the tie taken by the product to get manufactured,
demand of the customers towards the product. Number of new customers which are
attracted towards the organization. Total revenue earned by the business in the market
etc. these are some of the factors which help in evaluating the innovation in the business.
4. Employees of the business helps in innovating the services of the business by providing
new ideas to the business they evaluate the risk factor so that it can be eliminated
completely and best resolution can be provided so that company cannot face any loss
while innovating the services of the business in the market.
5. While innovating the services of the team work is very important it helps in providing the
best quality of services to the customers by innovating the services of the business. Team
work and collaboration in the business helps in development of new strategy which
further help in the long term growth of the company in the market (Cowling, 2020).
6. Innovation is promoted by adding the value to the product which will helps in increasing
the demand of the business in the market. if the goods and services will be developed it
will in developing the services of the business due to which more people will get
attracted towards the services of the business.
7. Organization provides various learning opportunities to the business which helps in
enhancing the growth of the company in the economy. it also helps in enhancing the
performance of the business due to which performance of the business also gets enhanced
in the market.
Part B contexts and practices
1. Theories and innovation
Build and Sustain an Innovative Work Environment_4

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