Foundation Degree in Business: Innovation and Enterprise Presentation

This presentation, prepared for a Foundation Degree in Business and Management, focuses on Innovation and Enterprise. It begins with an introduction to innovation's significance in the modern business world, emphasizing its impact on organizational success. The presentation delves into Apple Inc.'s innovation processes, examining innovative business models, the company's innovation system, and its design process. It then evaluates personal innovation practices, highlighting the importance of continuous planning, training, and creative thinking. The presentation identifies ways to enhance personal innovation skills, such as critical thinking and observational skills training, concluding with a discussion on how innovation and creativity are vital for both organizational and individual growth. The presentation includes references to academic sources to support its assertions.

Innovation and Enterprise
(Professional Presentation)

 Introduction
 Impact of Innovation Practices
 Evaluation of personal innovation practices
 Ways for enhancing innovation skills
 Conclusion
 References
Table of Content

Introduction
Innovation is considered as a core factor which leads
an organisation towards success an towards
flourishing further in the respective industry.
Innovation is important for enterprises in the present
modern world of business. Several impacts are
imposed by innovative practices and processes
adopted by. The presentation is revolving around the
innovation processes utilised by Apple Inc. an
American multinational technology company which
is headquartered in California involved in designing
developing and selling consumer electronics,
computer software and online services.

Impact of Innovation Process
Apple has always worked upon to build an effective
innovative system with the motive of harnessing
creativity among the people of the company by
stimulating new ideas, the entire designing process
of the company, making successful launch of all the
new innovations. In simple terms the company have
kept its focus upon three aspects for bringing in
innovation and creativity these are as follows:
 Innovative business models
 Apple’s innovation system
 Apple's design process

Continue…
The company is known as an innovative company in
the world involving several innovation strategies for
developing terrific new products and innovative
business models. Impact of innovation processes over
Apple are various which are as follows:
 The company always delivers consumers with great
software and fabulous hardware outer packaging of
its products.
 Apple have developed its position in the market as
an innovator and always been ahead of other in the
market.

Evaluation of personal Innovation
practices
Innovation practices of an international huge impact
upon his or her professional as well as personal growth
in the present world. I as an individual and
professional learning several aspects of innovation and
creativity have identified certain practices of
innovation which I used to always being creative.
Some of these practices are as follows:
 Continuous planning and practice
 Innovation and creative training
 Using innovation as a method to uplift day-to-
day operations

Apple Inc is a great song for everybody in the world looking to develop something new
and provide people and you aspect as well as view point to look upon. In the same
manner as apple will be working as a great platform form for me to be professionally
and personally successful and keep the growing aspect continuous by using creative
abilities and innovative practices. There are certain ways which I can use to enhance my
person innovative skills and knowledge to become potential asset for Apple Inc. These
are presented underneath:
 Critical thinking and analytical skills training
 Observational skills
Ways for enhancing innovation skills

Conclusion
The about discussion and evaluation in the
presentation effectively concludes that innovation
and creativity is a major component which keeps
an organisation on going as well as brings
revolution and development in the market. Along
with it is also identified that innovation is a very
important and critical aspect for an individual to
grow as a professional and develop a separate
position in the market.

Barham, H. and et. al., 2020. The role of management support for the implementation of
open innovation practices in firms. Technology in Society. 63. p.101282.
Faludi, J., Yiu, F. and Agogino, A., 2020. Where do professionals find sustainability and
innovation value? Empirical tests of three sustainable design methods. Design Science.
6.
Iden, J., Eikebrokk, T. R. and Marrone, M., 2020. Process reference frameworks as
institutional arrangements for digital service innovation. International Journal of
Information Management. 54. p.102150.
Rosa, A. C. M., Chimendes, V. C. G. and Amorim, G. F., 2020. Measuring open
innovation practices in small companies at important Brazilian industrial
centers. Technological Forecasting and Social Change. 151. p.119805.
References

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