Managing Innovations in Organization

Running head: Managing Innovations in Organization 1
Managing Innovations in organization

Managing Innovations in Organization 2
Contents
Introduction......................................................................................................................................3
Technological innovation.................................................................................................................3
Major subtypes of innovation..........................................................................................................3
Important milestones........................................................................................................................3
Impact of innovation organization management approach..............................................................3
Recommendations............................................................................................................................3
References........................................................................................................................................4

Managing Innovations in Organization 3
Introduction
Innovation is considered as an important aspect for the organization because it enhances the
productivity of the employee in an efficient manner. Technological innovation will be discussed
in this assignment. The specific type of innovation related to technological innovation will be
mentioned in this assignment which will show the impact of it on various organizations.
Innovation has the number of components such as challenge, deliberation, culture, customer
focus and completion (Biemans, 2018). The milestones of the specific innovation will be
elaborated to understand the importance of technological innovation on various organizations.
Technological innovation
Technological innovation is advantageous for many organizations as it assist to make work easy
and fast. There are various technological innovations done in the world (Parhankangas &
Ehrlich, 2014). Mobile Commerce is one of them which bring the huge change in the world. M-
commerce is assisted to buy and sell of goods and services by wireless handheld devices such as
cellular telephone and personal digital assistance. M-commerce is the technological innovation
which enables number of users to access the internet without plugging the device. In order to
develop the m-commerce market potential, there are various handset manufactures like
Motorola, Nokia and Ericsson with carriers (Digital, 2017).
Major subtypes of innovation
The major subtypes of this innovation are defined below: