Innovation/Entrepreneurial Change Paper

Use the same organization that your team selected for the Week 3 Innovation/Entrepreneurial Change Annotated Bibliography Assignment.

Write a 1,050-word business proposal to the organization’s Board of Directors to revitalize the organization through some well thought out innovative strategies. Your proposal should include the following:

Analysis of the missed opportunities for innovation which have negatively impacted the organization.
Description of innovation measurement and reward systems for existing employees.
A process for creative problem solving.
Description of the implementation and evaluation of innovation.
Evaluation of external technology acquisition and implementation processes.
Analysis of the organization’s ecosystem in terms of innovation.

Format your paper consistent with APA guidelines.

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Innovation/Entrepreneurial Change

Innovation is a critical part of the contemporary business sector, and different businesses have been in an effort to improve their approaches to embracing innovation with the hope of improving their chances of accessing new technology and ways to solve various issues in their service delivery or product development process. As is always the case with any new process, the investors have had to grapple with challenges, particularly associated with moving from closed innovation to open innovation systems (Chiaroni, Chiesa, & Frattini, 2010). However, with an ideal approach to the implementation of the innovative programs, an investor is likely to experience much ease, in the innovation and implementation processes, much to the extent of getting the best from the new approaches to businesses.

(1,243 words)