Internal and External Drivers of Innovation
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What are internal and external drivers of innovation? How would these drivers be applied to your organization? What is a specific instance where innovation would produce a positive result for your organization? If there is no specific instance, what would you recommend?
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Solution Summary
The solution discusses the internal and external drivers of innovation and how these drivers apply to organizations, the specific instances where innovation would produce a positive result for an organization and recommendations. References for more information are also included.
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What are internal and external drivers of innovation?
Some examples of internal drivers of innovation include the entrepreneur's desire to create new products, total quality management training like developing lifelong learning, active learning, reflection, empowering staff to become proactive individuals, internal technological environment, technology strategy, idea generation and idea quality, personal and scientific curiosity.
External drivers may include customers or clients, regulations, the market, competitors and global changes, new technology, competition and suppliers.
How would these drivers be applied to your organization?
One of the external drivers of innovation is compliance with environmental government regulations concerning an environmentally friendly conduct of business. An establishment of an ISO 14000-based environmental management system can be an innovation to answer this driver. The ISO 14000 ...
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