Strategic Innovation Alignment Model
Added on 2020-01-21
10 Pages2663 Words140 Views
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Innovation and risk management
Table of ContentsINTRODUCTION ..........................................................................................................................3Critical analysis of the seven dimensions within a strategic innovation framework that drivesgrowth.........................................................................................................................................3CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................9
INTRODUCTION Innovation is the aspect that is related to the operational activities of the organization forthe purpose to create the new products and services that enable the employed manpower topractise the better aspects then the previous one (Gassmann, 2006). This helps into creating thenew models and strategies through which the innovation can be brought up in a significant form.Through this the company is able to be more competitive in the market. For the betterunderstanding of the project Apple Plc has been chosen. It is the multinational technologycompany that design and develops different types of software, electronics and several otherproducts. The present report critically evaluates the different dimensions of the strategicframework which is associated with the growth aspects.Critical analysis of the seven dimensions within a strategic innovation framework that drivesgrowthThere are different dimensions that helps in the strategic innovation framework of theproduct through which the portfolio is being developed that helps in driving the growth of theorganization.Strategic innovation is the breakthrough of the points that are adopted in order to link thecompanies operational activities with the innovative perspective that helps the particularorganization to be think as per the requirement of the customers (Palmer and Kaplan, 2016.).Similarly, Strategic innovation refers to the creation of the growth strategies that helps incategorizing the products as per the categorization. Through this , organization is able to generatethe new values for the customers as well as of for the organizations.Apple Plc adopt the effective framework to strategic alignment of the differentdimensions through which they are able to deploy its entire framework to operate over themultiple levels. This framework helps in application of the creativity and innovation to managethe operations in systematic form (Liebe, 2002.). The seven dimensions within the strategicinnovation framework that drives the growth of Apple Plc are discussed underneath:A managed innovation process: It is the process that covers the sequence of the activitiesthat are carried out in Apple Plc from the beginning of the schemes so that it is able to implementthe traditional and non traditional approaches to manage the entire working (Tushman andAnderson, 2004.). The framework of the process is being divided into two modes that are related
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