Concept Map on Innovation

Running head: CONCEPT MAP ON INNOVATION
Concept Map on Innovation
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1CONCEPT MAP ON INNOVATION
Table of Content
Introduction:....................................................................................................................................2
Organization, innovation, stakeholders and standards:...................................................................2
Innovation:...................................................................................................................................2
Stakeholders:................................................................................................................................2
Roles of stakeholders in innovation:............................................................................................3
Organizing the initiatives.............................................................................................................3
Standards of members to serve and advance the innovation idea:..............................................4
Concoction:......................................................................................................................................4
Concept map:...................................................................................................................................5
References:......................................................................................................................................6

2CONCEPT MAP ON INNOVATION
Introduction:
An organization must be structured and aligned in a way that can provide operational integrity
while improvising the platform for planning and implementing innovative ideas (Porter-O'Grady,
Clark & Wiggins, 2013). The purpose of this paper is to discuss about innovation, roles of
stakeholders and the standards of the members while taking the initiatives for innovation. This
paper also provides a concept map to simplify these facts.
Organization, innovation, stakeholders and standards:
Innovation:
In healthcare and any other industry innovation refers an act of executing and planning
something creative that can improve the quality of the service while increasing the profitability
and equity of the organization. However, sometimes the innovation is unsafe for business
operation due to having unlimited risks within it that cannot be detected even under the
interference of the stakeholders. ‘Supportive infrastructure’, ‘creative process’, ‘thinking out of
the box’ and utilization of technologies are the major components of the innovative
implementation of any service or business operation (Porter-O'Grady & Malloch, 2015).
Stakeholders:
In any business industry or healthcare service ‘stakeholders’ refers the persons who are directly
connected with the organizational operation and service providing, such as for healthcare
services stakeholders are the doctors, nurses, caregivers, members of management board,