Personal Experience with Innovation

QUESTION 1

Throughout this course, you will learn about different examples of innovation and efforts by organizations to create a culture that encourages innovations, share your personal experience with innovation. (how do you think you could use the ability to inspire and manage innovation in your career?).

Have you ever developed or helped develop a creative or innovative idea for a company, team, or yourself? For example, you may have conceptualized a new product, app, or game. If so, how did it go? What did you learn from that experience?
Share some examples of innovation and creativity in organizations you know.

ASSIGNMENT 1

What are your current thoughts on the recommendation for incremental or discontinuous innovation?
- What are your thoughts on the risks and benefits of each option?
- How do you think the company from the course scenario will be able to compete in the marketplace?
Describe the advantages and disadvantages of both incremental and discontinuous innovation.
- How will the costs related to each option differ?
- How will the marketing approach for each option differ?

submit this assignment in an alternate format, such as a 1- to 2-page Word document or a 1- to 2-slide PowerPoint presentation.

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APA

Personal Experience with Innovation

In my previous roles, I’ve been involved in conceptualizing innovative ideas, particularly in streamlining processes and enhancing efficiency through digital tools. One notable experience was when I helped develop a simple internal app to track employee performance and feedback. The app aimed to replace manual tracking systems, which were time-consuming and error-prone. The development process involved brainstorming, prototyping, and gathering input from team members, and the app was well-received for its ease of use and time-saving features. What I learned from this experience was the importance of involving users early in the process and ensuring that the idea addressed a real pain point.

Examples of Innovation in Organizations

In terms of organizational innovation, companies like Google have a well-known approach to fostering creativity by providing employees with “20% time,” which allows them to work on personal projects that may lead to new products or improvements. Another example is Tesla, which revolutionized the electric vehicle market with its innovation in both product design and production methods, pushing the boundaries of what i….