Course Solutions Uncategorized (Answered):Strategy Innovation Proposal . . . .

(Answered):Strategy Innovation Proposal . . . .

Question Description

Resource: Organizational Innovation Road Map

Assume your organization, or one with which you are familiar, has made a strategic decision to become more innovative.

Identify unknown problems and unmet opportunities before you develop an innovative strategy to address them.

Follow the IBDM five-step roadmap to prepare a 1,400- to 1,750-word proposal in which you apply the steps to the creation of an innovative business strategy. The five steps are

  • Assessment of the situation
  • Identification of the problem and opportunity
  • Creative concept development
  • Prototype development
  • Implementation, validation, and refinement

Explain the unique nuances of innovative strategy development as it relates to the IBDM.

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