(Doc) Business Process Management Assignment Sample

BUSINESS PROCESS
MANAGEMENT

Presentation Outline
Introduction
General overview of innovation
Defining a strategy for innovation
Development of infrastructure and innovation
processes
Establishing an innovation fostering culture
Analyzing the success of innovation
Identifying outcome lessons and success factors
Conclusion

Introduction
International Business Machine Corporation (IBM) is
a world-known organization in the sector of computer
systems and microelectronics.
The company invents, manufactures and develops
services such as information technologies, system
software and storage technology.
The headquarters of the company is located in
Armonk, New York (High, 2012).

GENERAL OVERVIEW OF INNOVATION
Defining Innovation
Organizational Structure for Innovation
Innovation Funding

DEFINING A STRATEGY FOR INNOVATION
Innovation Strategy
Key Stakeholders of the Innovation Strategy
Innovation Project Selection
Factoring Competitive Environment in
Innovation

DEVELOPMENT OF INFRASTRUCTURE AND
INNOVATION PROCESSES
Organizational Model and Innovation
Role of Research in Innovation
External Partnerships
Project Management

DEVELOPMENT OF INFRASTRUCTURE
AND INNOVATION PROCESSES
Nourishing Creativity and Innovation
IBM Research
Ecosystem (open to external constituencies)
Innovation Processes

DEVELOPMENT OF INFRASTRUCTURE
AND INNOVATION PROCESSES
Technology Enablers
Internal Alignment

ESTABLISHING AN INNOVATION
FOSTERING CULTURE
Innovation Culture and Environment
Role of Learning, Training, and Education in
Innovation
Innovation Failure Philosophy

ESTABLISHING AN INNOVATION
FOSTERING CULTURE
Incentive/Reward Programs
Gaining Leadership Support
Balancing Innovation and Efficiency

ANALYZING THE SUCCESS OF
INNOVATION
Managing and Tracking Innovation
Investments
Evaluating the Success of Innovation
Innovation Measures
Cycle Time

IDENTIFYING OUTCOME LESSONS AND
SUCCESS FACTORS
Decisive Success Factors for Encouraging
and Sustaining Innovation
Barriers to Innovation
Future Plans for Innovation
Key Advice

Conclusion
IBM is among the market leaders of the world in
terms of computer, software, storage, and
microelectronics.
The culture of the organization varies extensively
due to its firm belief in innovation.
Incorporation of innovative business ideas to the
operational practices of the organization helped in
validating the proposed objectives of the business.

Recommendations
In order to exploit the technological integration
opportunities, IBM is suggested to enter the
alliances with other firms (Field, 2013).
IBM is also recommended to diversify their business
in different sectors to spread and reduce the risk
factor (Field, 2013).

References
Field, A., 2013. Discovering statistics using
IBM SPSS statistics. sage.
High, R., 2012. The era of cognitive systems:
An inside look at IBM Watson and how it
works. IBM Corporation, Redbooks.