Purchase Solution

Impact of Innovation on Strategy, Process & the Product/Service

Not what you're looking for?

Ask Custom Question

Select at least three different types of organizations and write a response in which you evaluate the impact of innovation on the selected organizations. Be sure to discuss the impact on strategy, process, product, and/or services within each type of organization.

Purchase this Solution
Solution Summary

The response investigates the integration of innovation into strategy, processes and the actual product or service in Southwest Airlines, Motorola and IBM. 1120 words with 4 references.

Solution Preview

Before we start writing about the impact of innovation in organizations, we will first define what innovation is and how it is important in an organization. Innovation refers to the new way of doing something. It is an inevitable part of an organization and it can not be avoided because in this ever changing and competitive world of business, changes are necessary. In organizations, innovation refers to the creation of new or improved processes, products and services. Innovation helps the companies to fight the competition and bring about an improvement in the image and profitability of the business. For the purpose of describing the impact of innovation on organizations and their products/services, strategy and processes, we have selected three organizations; Southwest Airlines, Motorola and IBM. Below is the impact of innovation on Southwest Airlines under the heading of Innovation at Southwest Airlines, for example:

Innovation at Southwest Airlines

Southwest Airlines entered the Airline Industry in 1971 with a little money, but lot of fame. Southwest provides low fares, frequent flights, on time arrivals and top safety records. Innovation is the key strategy that helps the company to take the benefit of opportunities. In the recent years, it has equipped with new planes and employing the aviation technology to get better take off performance, decreasing the overheads on maintenance and there are savings of about 3% due to fuel burn. Tickets less travel, use of the internet, booking & tracking trips through the website are the other innovative policies that ease the business operation of the company (Analysis of Strategic Structure of Southwest Airlines)

Moreover, Southwest's innovation has developed strategy to offer low fares by streamlining its operations. For example, it only flies one type of aircraft, Boeing 737s, which have all been ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Operations Management

This quiz tests a student's knowledge about Operations Management

View More Free Quizzes
Related BrainMass Solutions

  • Short Outline and Ideas for Innovation Paper

    Be sure to discuss the impact on strategy, process, product, and/or services within each organization. I think the keyword here is "innovation". The first step is to think about what kind of innovations there are, and who came up with them.

  • impact of innovation and creativity

    One of the five pillars of company's strategy is to continuously reinvent the company through innovation and technology, which clearly reflects the strong focus of the company on innovation and the impact of innovation on its overall strategy.

  • Innovation, Creativity, and Design for a Competitive Advantage

    solution defines the terms strategy, process, product, and services; how they are related and their impact on strategy is also explained.

  • Select three different companies to evaluate the impact of innovation

    Be sure to discuss the impact on strategy, process, product, and/or services within each type of organization. Innovation is buzzword that is being utilized throughout the business world today.

  • Impact of Innovation on Organizations

    - Prepare paper in which you evaluate the impact of innovation on your selected organizations. - Discuss the impact on strategy, process, product, or services within each type of organization. - Include an introduction and a conclusion.

  • Innovation

    Please discuss the impact innovation has on strategy, process, product, and or service within each type of business. The three companies have no connection.

  • impact of innovation

    Prepare a 700-word solution in which you evaluate the impact of innovation on the 3 selected organizations. Be sure to discuss the impact on strategy, process, product, and/or services within each type of organization.

  • Impact of Innovation

    I used a retail location, an outside sales team and a machine shop as examples that evaluate the impact of innovation of these companies and discuss the impact innovation has on strategy, process, product, and or service within each type of business.

  • Creating an Innovation for Management Practice

    -Reflect on the types of learning you might have obtained from the process of developing an innovation.

View More Related Solutions