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Introduction to the innovation Assignment

   

Added on  2021-06-16

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Running head: THINK BIGTHINK BIGName of the studentName of the universityAuthor note
Introduction to the innovation Assignment_1

1THINK BIG1. Introduction to the innovation The innovation that is planned by the company is dependent on the identification of theproblems that are faced by the customers while making a buy of the apparel as per theirpreferences. The differences in the functioning of the organization are dependent on the changein the customer preferences and the manner in which the needs of the customers can besupported by the business. Most of the time, the customers feel reluctant to go round the retailstores searching for the preferred apparel. The sale of the organization is often compromisedthrough the reluctance of the customers to go round the stores or scroll down the virtual apps insearch of their favourite brands or designs. Therefore, the company will be devising a technologythat will assist the customers to find their preferred products in one go. The creation of virtualtrial rooms is aimed at helping the customers to come across the most preferred outfit that fitsthe personality of the person. The virtual trial rooms have helped in coping up with theexpectations of the customers in the market. The innovation will be helping the organization to bring in changes in the systems andthe functioning of the business as per the identification of the needs of the customers in themarket. The continuous innovation through the identification of the needs of the customers willbe helping the organization to bring in changes in the situation of the business while operating inthe Australian markets. It will be helping the organization to gain sustenance and thereby growbeyond the borders.
Introduction to the innovation Assignment_2

2THINK BIG2. Description of the innovation process and justification for the sameThe innovation process that is planned by the organization is base on the identification ofthe different issues that are faced by the people while making a buy of their requiredcommodities in the market. The stages of innovation is being discussed in this section whichhelps in the lucid understanding of the different elements of the change that is planned by theorganization to cope with the needs of the same.Figure 1: Innovation Process(Source: Chesbrough, Vanhaverbeke & West, 2014)Stage 1: Idea Generation and MobilizationThe generation of idea is facilitated through the identification of the issues and themanner in which the issues can be mitigated through the disposition of the idea in the context.The generation of the idea helps in maintaining the different levels of modifications in the
Introduction to the innovation Assignment_3

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