Managing Innovation in Amazon

Added on - 17 Feb 2021

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Managing Innovation
EXECUTIVE SUMMARYThis given report focuses on basically importance of innovation at workplace. This reportis on Amazon which is largest online service provider. So in this report it is mentioned that howinnovation is still important for big companies like Amazon. Reason behind is that to establishinnovation in services of A,Amazon in order to attract and retain customers.Basically, foremostpurpose of this project is to develop the innovation road map which helps an organization whilelaunching creative products. Along with this, it will also highlight the significance of leadersplanning and effective strategy for implementing innovative ideas at workplace.To sum up, thisreport focuses on future innovation capabilities of Amazon and their blockages as well. Alsopoints out towards vision 2020 and new developed and innovated products for example, AmazonGo and Amazon Drones, etc.Amazon has created more than 125 jobs in US every day fromfulfilment centres to corporate offices, Amazon has invested $100 billion. With this, Amazonempowers small and medium sized organizations to reach more and more customers. They viewinnovative and creative ways to make positive and long lasting impacts on customers so that theycan visit to Amazon again. They also encourage their employees as Amazon cares for them.Amazon has innovation and yes looking for new innovations for future. Amazon care for theircustomers and hence get motivation from them to innovate.
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION..........................................................................................................................1Purpose of the report..............................................................................................................1Future of the industry 2020 and beyond.................................................................................1Organization innovation requirements 2020 and beyond.......................................................3Building future innovation capabilities for organization........................................................6CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
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