Strategic Innovation Report: Mutec Health Facility - MGT703 Analysis

This report provides a comprehensive analysis of strategic innovation at Mutec Health Facility, a medical organization established in 2010. It explores the firm's strategic management of innovation, including the adoption of current technology and the establishment of an independent innovation team. The report identifies innovation threats, such as conflicting theoretical predictions and knowledge gaps, and opportunities, such as addressing the need for affordable and efficient medical checkups and developing innovative medical implants. It evaluates the company's current growth strategy, including the development of smart beds for bedridden patients, and assesses its innovation framework, which revolves around the incorporation of resources, people, tools, and effective processes. The analysis incorporates concepts and frameworks relevant to strategic management and innovation, culminating in insights and recommendations for Mutec Health Facility to enhance its strategic innovation efforts. The document is available on Desklib, a platform offering study tools and resources for students.

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STRATEGIC INNOVATION
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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

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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

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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

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result to the demotivation of the members within the innovation team. This lack of zeal and
fervency can at times result in poor performance that greatly affects the general overall
performance of the entire organization. These unforthcoming scientific and innovative
predictions are normally and most of the times associated to the tremendous knowledge gaps that
the company at times experiences due to the inexperience and lack of elaborate expertise of the
newest members within the organization. This on the furthest end results to theoretical
inconsistencies that on numerous occasions serve the purpose of derailing the overall
performance and productivity of the entire organization (Dehkordi, Davari, Ahmadi, 2014,
p.370).
With regard to the company’s intended and targeted market, numerous opportunities are
forthcoming that serve the purpose of guiding the organization in the actual direction to assume
and take as far as innovation is concerned. As mentioned earlier in the report, numerous complex
medical checkups encompass very many activities that are normally time-consuming and on the
longer end serve the purpose of diminishing the client's pockets to the drain making it difficult
and closing out the majority of them from decent healthcare services. This has prompted the firm
towards embracing perfectly this current technology and work towards the development of a
robot like a machine that serves the idea of performing elaborate and numerous medical
checkups within a short period of time and at the same time charging a very affordable price.
This advanced technological development will serve the purpose of maximizing to the fullest and
to the maximum the opportunity of offering affordable services to the intended target market
(Dogan, 2017, p.295).
The other elaborate business opportunity that the company purposes to fully and
maximumly exploit revolves around the weaknesses that the other competitor's companies

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vividly and outrightly exhibit. For instance, with most of these competing companies, there are
not elaborate plans with regard to the development of implants that serve the purpose of
medicine. These medical implantations will result to the involved patients’ not using medicine
for the rest of their lives so long as the identified disease by the company has been diminished
and completely eliminated within the patient’s body system. With regard to these elaborate
health care implantations, other foreign devices will be introduced to compliment them making
sure that their intended purposes prevail effectively and efficiently both for the good of the
patients as well the general and overall well-being of the entire organization. The embracing of
these elaborate business opportunities as explained earlier on will be made perfect by the
elaborate and thorough use of the already developed technological devices within the diverse
confines of this global medical giant entity (Grillitsch, Hansen, Coenen, et al, 2018, p.200).
The innovation framework used in this particular scenario revolves around the elaborate
incorporation of resources, people, tools and effective processes. This efficient resource power
works hand in hand with the overall corporate strategy team of the entire organization so as to
make sure that the desired results that are in line with the set goals and objectives have been
comprehensively achieved within a given period of time. The perfect realization and eventual
manifestation of the various elements of innovation within the company will with no doubt be
achieved with the elaborate use of the social media as a tool. Effective and well-founded
collaborations with other organizations with a similar agenda can take place with the eventuality
of combined efforts that will result to the general good of all the involved business entities
(Kasemsap, 2014, p.110).

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Identification of the need for innovation
The overall analysis of the medical industry has a great influence and impact with regard
to the development of the various items of innovation within the entire organization. The client
needs that are most of the times addressed by the industry will greatly serve the purpose of
influencing the innovation development. The market that this industry brings to light will also
tremendously influence the creations and developments of the Mutec health caregivers. The new
technologies and elements of digitization that the overall medical industry within Georgia City as
well as the uttermost parts of the world will also serve the purpose of greatly influencing the
company’s creation and innovations within the projected period of time (Korhonen, 2017,
p.150).
The political scenario locally, nationally as well as internationally will greatly influence
and impact the innovative developments within this global medical giant. The tax policies, as
well as the trade tariffs, will either work for the good of the medical company or against it. With
regard to the economic factor especially with the elaborate and quite significant issue of
inflation, substantial effects are greatly experienced by the involved organization. Economic
growth rate, as well as the foreign exchange domain, will either work for the general good of the
company or against it. Cultural trends accompanied by the elaborate demographics will give the
business franchise a heads up along the line of the numerous innovative establishments that the
company ought to bring to light. The diverse and profound technological innovations have also
to be taken into strong consideration as they with no doubt have extensive and comprehensive
impacts on the creation and tremendous development of the proposed unique medical
implantations (Kim, 2016, p.30).

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With the legal bit of analysis with regard to the establishment of the potential innovations
and creations within the organization, close scrutiny will have to be comprehensively rolled into
play for the general overall good of the business entity. The several regulations of the involved
government where the business has been established will result to an elaborate scrutiny from
different angles of course by the involved members within the organization so as to make sure
that all the creations and innovative developments are in line with all these legal requirements.
The environmental factors will also be put under close scrutiny so as to have an elaborate
oversight of their impact on the proposed creations and innovations of the involved
organizations. This consideration goes on to include the climate, geographical location and other
elaborate environmental offsets that cannot be taken for a ride (Kim, 2016, p.95).
Identification and evaluation of the business’ current growth (innovation) strategy
The tremendous rise of competition from the esteemed rival companies has served the
purpose of reviving the Mutec’s projections with regard to elaborate creations and innovative
developments so as to be at par with the trending medical giants both locally and internationally.
The company has an elaborate plan and outline that has to do with the critical analysis of the
potential areas of investment that will greatly bring a tremendous income to the organization
within a given period of time. For instance, with the longer term breakthrough ideas, the utmost
creation and development of the smart beds will be rolled perfectly into action. These smart beds
will serve the unique purpose of the eventual treatment of the bed ulcers that are normally
associated with the bedridden patients. These beds will have an inbuilt software development
that will be gently turning the bedridden patients gently and over a given period of time without
any close monitoring from any given health caregiver. These innovative developments are one of

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a kind as there has never been such a type of bed and this unique innovation, in the long run, will
greatly improve and affect the company’s general income (Lee, Olson, 2016, p.85).
McKinley’s strategy of innovation
With regard to the McKinley’s strategy of innovation development, elaborate targets have
been effectively and efficiently established by the Mutec health caregivers. These innovative
targets in the name of elaborate creations and technological developments will contribute greatly
to the effective realization and manifestation of the company’s already set financial growth
objectives. The organization purposes to register over half a million dollar by the end of the last
quarter of the year 2018. This realistic and completely achievable projection into the future will
be made possible by the elaborate development of the mild migraines medical implantation that
is already being developed within the company’s facilities in Georgia City. Samples of this
unique creation have already been tried out and the results experienced will greatly serve to fully
satisfy and fulfill the common good of the patients with the migraines issues (Moutinho, Vargas-
Sanchez, 2018, p.200).
Elaborate evaluation of an innovation opportunity the medical company is currently pursuing
The company has elaborate plans of establishing robotic innovative developments that
will serve the purpose of undertaking numerous medical checkups for the highly esteemed
clientele. These checks up have all along been quite cumbersome in terms of the tremendous
time they take as well as the huge amount of money that some of them take to be carried out.
Data storage with regard to the numerous patients served by the organization will be of high
importance (Zhang, Luo, Yang, 2014, p.500).

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MAC’s framework
This will result in the incorporation of the MACS framework that greatly deals with the
effective and efficient storage of data. The stored data in the elaborate in-built systems that will
be highly motivated by the Mac framework will work towards a further development that will
revolve around the idea of creating an elaborate software development that will only be needing
the fingerprint of the involved patients whose eventuality will be an effective unraveling of all
the details of the esteemed clientele. Tests will be conducted with or without the client showing
up on the business premises as all the required details will have already been derived from the
close interaction of the client’s fingerprint. This elaborate form of convenience will greatly
impact the entire organization in terms of an increase in the general income with regard to a
stipulated period of time (Nieuwsma, Mulder, 2017, 2800).
Elaborate analysis, insights, and recommendations
The above outlined various forms of technological innovations developments carried out
within the organization will greatly serve the purpose of scaling the entire organization to the
highest levels of the medical industry. These innovative creations as cited earlier on are unique in
their development as well as in the variety of services they offer in the most appropriate ways.
These medical devices will use a lot of the organization's income as explained by the numerical
figures outlined by the financial department as well as the innovative team. This will call upon
the entire administration department to take into consideration the outright shortcomings that are
closely associated with all these technological developments. This will serve the purpose of
getting the close and direct projection into the near future outlining the possible challenges that
might be associated with these unique and numerous technological developments (Tidd, Bessant,
2014, p.200).

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The recommendations, on the other hand, revolve around the idea of the incorporation of
more developed programs within these unique innovations so as to get numerous services
exhibited by these creations. For instance, the propelling idea behind the establishment of the
smart beds is indeed a very smart one as it is one of a kind. However, elaborate adjustments with
the purpose of developing a multi-purpose creation in the name of a bed should be forthcoming.
These beds should not only be for the patients with the bed ulcers but also for the numerous other
ones with closely related signs and symptoms. This will better the performance of the entire
organization (Välikangas, Gibbert, 2015, p.95).

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Bibliography
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on Strategic Innovation (Case Study: Research Centers of Iran's Oil Industry).’Asian
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Dewulf, K., Wever, R., & Brezet, H. 2014. ‘Integrating sustainability in the strategic stages of an
innovation process: a design brief process perspective. ’JOURNAL OF CLEANER
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Dogan, E., 2017. ’A STRATEGIC APPROACH TO INNOVATION’. Journal of Management
Marketing and Logistics, 4(3), pp.290-300.
Grillitsch, M., Hansen, T., Coenen, L., Miörner, J., & Moodysson, J. 2018. Innovation policy for
system wide transformation: The case of Strategic Innovation Programs (SIPs) in
Sweden. Research Policy.
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