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Innovation within Walgreens

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a. How would you identify and characterize the roles of incentives, training, and education in promoting innovation within Walgreens?
b. What is the role of leadership in creating, managing, and sustaining innovation within Walgreens?
c. What are the ethical implications of an individual reward system? Support your answer.
d. Would you describe Walgreens as innovative or non-innovative? Why? Explain your answer.
Be sure to support your answers.

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Solution Summary

The solution discusses the four questions about innovation at Walgreens in 759 Words with three APA references.

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The response addresses the queries posted in 759 Words, APA References

Importance of Innovation within Walgreens

Introduction

The Walgreen Company is a heading Pharmacy Chain; Mail Service and Pharmacy Benefit Manager with distinctive pharmacy procedures in 49 states. In addition, the company also manages following things:

Worksite Health Centers
Home Care Facilities and Specialty
Institutional and Mail Service Pharmacies
Walgreens Take Care Health System Subsidiary handles 220 convenient care clinics at various Walgreens drugstores. It is one of the three largest drug store chains in the United States. Walgreens serves 5 million customers daily and it anticipates having 7,000 stores by the year 2010. Walgreens was established in Chicago, Illinois, in the year 1901 and from the time of its establishment it has expanded its operations throughout the United States. Company's Headquarter is situated in Deerfield, Illinois (Company Information, 2008).

Solution (a)

According to me, the roles of incentives, training and education for promoting innovation within the Walgreens is very strong as they believe in the deliverance of quality. The success that company had achieved is only due to the dedication of it's over 240,000 employees that keeps Walgreens the nation's leading drugstore chain in ...

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Ashish Sharma, MBA (IP)
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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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