logo

System Establishment For Innovation Support Analysis 2022

   

Added on  2022-09-23

14 Pages3641 Words20 Views
 | 
 | 
 | 
Running head: SYSTEM ESTABLISHMENT FOR INNOVATION SUPPORT
System Establishment for Innovation Support
Name of the Student
Name of the University
Author Note
System Establishment For Innovation Support Analysis 2022_1

SYSTEM ESTABLISHMENT FOR INNOVATION SUPPORT
1
Table of Contents
Introduction of the Organization:....................................................................................................3
Analysis of Current System:............................................................................................................3
Impact of Current System:...........................................................................................................3
Objective of Current System:......................................................................................................4
Existing Gap and Barriers:...........................................................................................................4
Analysis of Competitor:...............................................................................................................4
Required Resources:....................................................................................................................5
Key Stakeholders:........................................................................................................................5
Generation of System Concepts and Innovation:............................................................................5
Fostering the Innovation:.............................................................................................................5
Discussion Techniques with Stakeholders:.................................................................................6
Justification of the Chosen System:.............................................................................................7
Explanation of the Idea:...............................................................................................................7
Development Plan for the System:..................................................................................................8
Specialized Assistance:................................................................................................................8
Potential Impact of the System:...................................................................................................8
Operational Plan:.........................................................................................................................8
Communicational Plan:.............................................................................................................10
Learning and Development Strategy:........................................................................................10
Trial of the System:.......................................................................................................................11
Explanation of the Procedures:..................................................................................................11
Parameters for Trial:..................................................................................................................11
Implementation Plan:.................................................................................................................11
Monitor, Review and Continuous Improvements of the System:..............................................12
References:....................................................................................................................................13
System Establishment For Innovation Support Analysis 2022_2

SYSTEM ESTABLISHMENT FOR INNOVATION SUPPORT
2
Introduction of the Organization:
In this aspect the selected organization is the Nike Inc. which is a sports and apparel
organization of United States of America. This organization is a multinational corporation which
is mainly engaged with the development, design, marketing and manufacturing of the footwear,
equipment, apparel, services and accessories (Yao 2019). Nike Inc. is one of the largest sport
equipment manufacturers in the whole world. Nike Inc. was founded in 1964 of 25th January and
initially it was named as Blue Ribbon Sports. This organization became Nike Inc. on May 30 of
1971. Currently, Nike Inc. markets all of their products under their own brand which includes
Nike Pro, Nike Golf, Nike+, Nike Blazers, Air Max, Nike CR7 and many more (Hofmann, Gold
and Curtin 2019). Nike always uses newer technologies in their organization so that they can
create best products for their organizations. This helped Nike to enable within their organization.
In past Nike has initiated various of innovation within their organization which has helped them
to compete with the other brands in the market (Duarte 2018). In the current context they are
looking for some new innovation which will help them to become more productive in nature.
Currently Nike is looking for innovating their supply chain sector so that they will be able to
reach more of the customers. In the following section this innovation factor of the Nike Inc. will
be discussed. How this innovation will be implemented within Nike Inc. will be evaluated
briefly. Also, proper analysis of this innovation will be discussed in this paper.
Analysis of Current System:
Impact of Current System:
The existing system within Nike Inc. is capable of maintaining a good supply chain
within the organization. In this context the current system is capable of fulfilling basic needs of
System Establishment For Innovation Support Analysis 2022_3

SYSTEM ESTABLISHMENT FOR INNOVATION SUPPORT
3
the organization. Thus, the current system is having a positive influence over the organization
but it is also having some issues also due to which innovation is required in this context so that
more improved supply chain can be achieved.
Objective of Current System:
The main object of the current system is providing an appropriate supply chain to the
organization so that whole organization remains competitive in the market compared with the
other organizations. The current system is aiming to get all the resource for the organization in
an appropriate manner so that productivity of the organization always remains at the highest
level (Christopher 2016) but in several of cases this current supply has failed to do so.
Existing Gap and Barriers:
The current system is facing several of problems due to which the new innovations are
required in this supply chain field of the Nike Inc. In these aspects the current system of supply
chain management is facing various barriers due to which problems occur in the production line
of the organization (Monczka et al. 2015) and due to this factor production of Nike Inc. got
hampered. The main problem of the current system is that it is not capable of tracking the raw
supply materials for the production and due to this factor overall production got affected in many
of the cases.
Analysis of Competitor:
In this industry, the main rival of Nike Inc. is the Adidas which is one of the largest
sportswear and footwear organization in the world. While the current supply chain of Adidas is
compared with the Nike’s supply chain there are some similarities and differences in this context
(Schmid et al. 2018). The current system of the supply chain of Nike is quite similar with the
System Establishment For Innovation Support Analysis 2022_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents