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Innovation Is the Key to Effective Organizational Development - Book Report/Review Example

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The paper "Innovation Is the Key to Effective Organizational Development" discusses that the concept of innovation finds special applicability in the manufacturing sector. Manufacturing organizations will have to keep in mind that customers often visualize innovation as criteria for prioritizing companies…
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Innovation Is the Key to Effective Organizational Development
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Download file to see previous pages This is due to the fact that without effective communication with clients, business organizations cannot carry out their operations. In this context, innovation within online technology has opened a new dimension for organizations to carry out their operation throughout the globe and in a 24*7 manner. One interesting fact that needs to be observed at this point in time is that at one end, implementation of innovation concept has added up to the success and survival factor of the present day organizations. On the other end, the lack of innovation implementation within the functionality of multiple other organizations has resulted in loss-making and disastrous business functionality (Claver & et. al., n.d.). The concept of innovation finds special applicability in the manufacturing sector. Manufacturing organizations will have to keep in mind that customers often visualize innovation as criteria for prioritizing companies in terms of superiority. Thus, companies can utilize this factor, in terms of showing their competitive advantage over others. One specific example in this context is the mobile manufacturing industry where, the level of technological superiority of one organization determines its rate of survival within the market (Carroll, 2014). Thus, taking into consideration the statement, the report will gradually focus towards identifying those firms that have attained an appreciable level of success due to the appropriate implementation of technological innovation. A focus will also be provided on those organizations that have failed and attained a high level of criticism due to their incapability of integrating the innovation concept within their functionality. The specific amount of light will also be laid on the factors that can be considered as barriers to innovation along with the steps through which the organizations can overcome them.
Technological innovation brings about multiple other factors that might positively influence an organization. These factors include variations, options, quality, prefer-ability and multiple more. Innovation grants organizations an option of proving its superiority over its competitors. It also enhances their capability of attracting customers from a broader perspective.  ...Download file to see next pagesRead More
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