Strategic Innovation in Mutec Health Facility

Strategic Innovation 1
STRATEGIC INNOVATION
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Strategic Innovation 2
Strategic Innovation
Table of Contents
Strategic Innovation.........................................................................................................................2
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................2
Discussion........................................................................................................................................3
Analysis of the firm’s strategic management of innovation............................................................3
Identification of the need for innovation.........................................................................................6
Identification and evaluation of the business’ current growth (innovation) strategy......................7
McKinley’s strategy of innovation..............................................................................................8
Elaborate evaluation of an innovation opportunity the medical company is currently pursuing....8
MAC’s framework.......................................................................................................................9
Elaborate analysis, insights, and recommendations........................................................................9
Bibliography..................................................................................................................................11

Strategic Innovation 3
Executive Summary
Mutec Health Facility has been up and about for the last one decade having been
established in the year 2010 specifically in the month of June. Tremendous growth and
development have been extensively and expansively experienced by this highly esteemed
organization whose frequent and regular innovations are a force to be reckoned with in the entire
world. Thorough and elaborate use of the current technology has been the order of the day in last
few years with the propelling factor being the company’s zeal and fervency of being ranked
among the best performing entities of its caliber across the utmost parts of the world. Having
been established within the confines of Georgia City, only a few other renowned companies can
be able to match the Mutec’s highly known prowess and expertise in the adverse and diverse
medical world. The elaborate development of medical appliances that do not necessarily embrace
the idea of the use of needles and injections has greatly and comprehensively served the purpose
of propelling this medical giant to the utmost and extreme heights of the medical world (Alnazer,
Alnuaimi, Alzoubi, 2017, p.130).
Introduction
The complicated and quite complex medical checks up that have been involving the
incorporation of numerous medical appliances as well as very many health caregivers in almost
every other medical facility in the entire world have been made easy by the recent technological
developments within the Mutec organization. Only a handful of personnel is needed in the
performance of these complex medical checkups that revolve around ailments and infirmities
such as diabetes as well as skin diseases. With such an elaborate exposure, the Mutec health care
facility is with no doubt scaling the heights of the diverse and highly competitive business world.
This, however, has greatly costed the business entity quite an elaborate and substantial amount of

Strategic Innovation 4
money as such technological developments require a lot of financial resources so as to achieve
the intended set goals and objective of this business entity (Assudani, 2015, p.100).
Discussion
Analysis of the firm’s strategic management of innovation
As mentioned earlier on, this medical firm has expansively and extremely embraced the
use of the current technology in the recent past so to elaborately and effectively establish its
relevance and dominance in the highly competitive business world. The realization and perfect
manifestation of this prowess in the innovation arena has not however been a walk in the park as
numerous adjustments and changes have been inevitable and forthcoming within the safe
confines of the entire global organization. These changes have been greatly and effectively felt
by the management department as a new supervisory team had to be introduced and efficiently
established with the sole purpose of introducing and firmly embracing the current technology.
An innovation team that has been entirely independent of other departments within the
organization has already been developed and established and has greatly been effective and
efficient in the development of unique medical appliances that have served the appropriate
purpose of propelling the business entity towards the heights of the business world. This
independent body, however, reports to the overall chief executive officer of the entire
organization. There are several innovation threats within the organization that on numerous
occasions serve the purpose of derailing the elaborate operations of the entire business entity
(Brook, Pagnanelli, 2014, p.50).
One such threat revolves around the idea of the availability of numerous conflicting
theoretical predictions within the organization. These very many wrong predictions at times