MIS 540 Week 2 Case Study; Building Innovation Cultures & Leaders

Gilbert Gomez II Week 2 Case Study Table of Contents INTRODUCTION..............................................................................................................................................2 CASE STUDY QUESTIONS...............................................................................................................................2 SUMMARY – CONCLUSIONS..........................................................................................................................3 REFERENCES................................................................................................................................................... 4 1 Gilbert Gomez II Week 2 Case Study share ideas and contribute if they think their idea can make a di昀昀erence and they simply get recogni琀椀on and fame for that contribu琀椀on from their colleagues.” (Nieminen, 2021). 3.) Knowing not every idea will lead to success, how do you select the idea to implement? - Evalua琀椀ons are always a good way to start. By evalua琀椀ng the di昀昀erent ideas, to compare how they are used in the 昀椀eld by costumers, is crucial in selec琀椀ng an innova琀椀ve idea. I found an ar琀椀cle from the Harvard Business Review sta琀椀ng; “To evaluate ideas, innova琀椀on scholars have o昀琀en proposed novelty, feasibility, and market poten琀椀al as the most important criteria for “good” business ideas.” (Deichmann et al., 2019). The ar琀椀cle will go on to see there really is no “right or wrong way” of evalua琀椀ng if it’s a good idea or not. Tests are a good form of weaving out the di昀昀erent types of ideas. Give your customers di昀昀erent kinds of test samples and see which one s琀椀cks more. 4.) How do you handle risks associated with building innovation? - If a company is well structured and has a great approach to innova琀椀on, Risk factors would be one of the main categories in that plan. Iden琀椀fying the risks is crucial for the success of innova琀椀on. If you are prepared for the risk, you will have risk mi琀椀ga琀椀on strategies in place to counter the failures. Being able to adapt to any risks that takes place with drive sustainable growth. Summary – Conclusions In conclusions, having a strong culture of innova琀椀on can in昀氀uence a company’s ability to grow. This will a琀琀ract mo琀椀va琀椀on, selec琀椀ng di昀昀erent ideas and give people the con昀椀dence to go out and explore new innova琀椀ons. 3