Organizations without innovative ideas may frown at words much(prenominal) as transformation, renovation, pitch contour, shift, and modification, which atomic number 18 all more commonly cognise as change. Change can be difficult for companies that do not nourish a competitive advantage nor have any plans to adjust and transform their organization to meet the carry for the innovative carrefours and services that consumers desire. foundation garment in the business initiation is inevitable, and either a company give make the transition and changes necessary to gain a competitive advantage, or it desexualise out fall behind the bandwagon and become an organization only know for its past successes and its current absence from the market. In this paper, I get out discuss the impact of innovation on three incompatible organizations, including AFLAC, Microsoft, and Mayo Clinic, and concentrate on how each company?s strategy, processes, products and/or services have been affected by innovation. Although about organizations have been able to withstand the powerful forces of innovation, they will eventually fade away one by one, if their strategies, processes, products, and services are not conformed and transformed to gain a competitive advantage, skirmish and exceeding the standards and expectations of consumers.
Before evaluating each of the three organizations, I will define the terms that will be discussed in this paper.
Innovation is something new or different that is introduced, but can in addition be understood as developing and delivering a product or service that offers benefits to consumers, perceived as excellent, improved, superior, or new. strategy is a plan, method, approach, or course of action designed to sue or help accomplish a specific address or objective (Dictionary.com [D], 2008). Processes are a systematic serial of actions, operations, or changes, directed to some end, taking place in a definite manner (D). Products are things that are produced by labor resulting from a process...
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