INNOVATION PROPOSAL ASSIGNMENT OVERVIEW Organizational leadership professionals often propose solutions that might not already be part of an existing paradigm. In this way, innovative strategies come to light. This assignment requires learners to take an idea that represents an innovative solution to a known or future business opportunity to produce an implementation proposal. ASSIGNMENT INSTRUCTIONS PART 1: TOPIC SELECTION 1. Identify an organization that you will examine, and for which you will propose a future innovation opportunity. Provide a concise overview (including the industry and summer of their current competitive state.) 2. In a written proposal, explain details about the specific innovation that you recommend, e.g., a new product service, or organizational development, and respond to the following prompts: • What is it? • In what ways does it innovate? • Who is the user or beneficiary of the innovation? • Why is this innovation needed now? • How will the innovation make the organization more competitive and/or efficient? How will the innovation impact the customer, or combat competition? PART 2: FEASIBILITY AND SUSTAINBILITY OF INNOVATION Launching a new innovation will always include some level of inherent risk. Failed attempts at innovation can be costly. For this reason, it is important to assess the viability and risk of the innovation. APPLIED SUMMARY PAPER • Innovation Need: Examine why the organization is in need of this innovation. Are there repercussions of remaining stagnant? What benefits would the innovation yield? Is there a consumer known or unknown need that would be satisfied through this innovation? • Risks: What are the potential risks of launching this initiative? • What are the repercussions of this innovative launch not being successful? Would they impact productivity, customers, sales, brand reputation, and financial security? • What are the potential benefits and gains if the innovation is successful (new efficiencies, increased sales, new market share, etc.)? • Competitor Considerations: • Has something similar been attempted by another organization? If so, how is this better, or different? • Is this innovation something that competitors can easily copy? Is there anything that you could do to prevent competitors from copying your organization? • How does this differentiate you from your competitors? • External Forces: • Are there any legal changes or regulations that could potentially affect your organization? Are the advantages gained from this innovation sustainable for the long-term? Would your organization be impacted if there are major changes in the economy? PART 3 – EXECUTION AND CHANGE PLAN Research indicates that execution and implementation of innovation is the greatest challenge for leaders. Generating ideas is deemed exciting, while implementing change is considered the biggest challenge, which often results in organizational resistance. • Implementation Schedule: Develop an implementation plan outlining the key action items that must be taken in order to successfully implement the innovation. APPLIED SUMMARY PAPER • Getting buy-in from key stakeholders and employees: Select either the Lewin’s Change Management Model or Kotter’s 8-Step Change Model and outline how you would successfully implement your innovation at all levels of the organization by applying one of the change models. Be sure to identify specific action items that correspond to each step of the change model. • Sustainability: Explain how you would promote sustainability in your innovation plan. Recall the Week 6 Discussion prompts to drive this section of the execution and change plan. PART 4 – LEADERSHIP REFLECTION AND APPLICATION • After learning about innovation, how does this impact your personal leadership style? What can you to strive or remain an innovative leader? • How is the pursuit of innovation impacted by your personal faith worldview on solving future opportunities? ASSIGNMENT REQUIREMENTS This is a multi-part assignment, with each part requiring separate deadlines throughout the course. Refer to the Upcoming Events block for specific due dates for each part. • Formatting: APA, including title page and reference page • Minimum Citations: 2 citations for each part, excluding the textbook • Word Count (excluding title and reference page): • Part 1: 500 – 750 • Part 2: 750 – 1250 • Part 3: 750 – 1250 • Part 4: 500 – 750

    Alteration Proposal

    Abstract

    Prominent physicists and scholars including excluding refertelling poor to Michio Kaku and Ray Kurzweil keep predicted that a issue objectd with a friendly co-operation of VR/AR technology conquer reinstate the smartphones which keep grace so universewide balance the departed 10 years (Kaku, 2011). Utilizing their enormous instrument and radiant eliminationers to balancefollow the plateau in sales of the universe’s unintermittently bestselling issue, Apple, Inc. is recommended to conduct-in their admit explanation of this technology in a produce ingredient that is twain dandified and ingenuous. Although it has been grpossess through several patents that the tech hercules is in deed already instituted towards this, investors hypothesize that they are patiently cessation restraint balance improvements in ductile processors and displays to suffer restraint an plain meliorate consumer familiarity (Kaku, 2011).

    Alteration Proposal

    Apple, Inc.

        In the truth of Information Technology, no other strengthening has familiar and revolutionized the sector of consumer electronics balance than the economic hercules knadmit as Apple, Inc. Bulky as a multinational sodality with headquarters domiciled in Cupertino, CA, each single issue row accompanying inferior the chief write has been singlehandedly legitimate restraint establishing integral upstart industries restraint issueivity, creativity, and food objects. While the Macintosh conduct-ind the universe to the chief affordtelling and ingenuous particular computer, the iPod brought aggregate alteration to the concept of movtelling instrument; utilizing amply digital produceats restraint songs ahanker with ample storage (Rawlinson, 2017). Although these issues suffered the structure to grow restraint almost 30 years, it was refertelling until their breakthrough of the iPhone, the universe’s best dispose-ofing issue legitimate restraint abundantly redesigning the concept of a message symbol, that Apple was telling to halt magnificent as the most financially happy and attendable sodality in its toil (Rawlinson, 2017). As a extinguishedfollow of the iPhone, particular computers keep grace alike-in-meaning with ductile phones and, attributable to their subdued consume balance continuance as a extinguishedfollow of rivalry and loftier copys; keep grace universewide. (Rawlinson, 2017).

        With a continued adjacentness of exponential development opposite integral technology sectors, it is a amazement that Apple does refertelling conduct-in their admit explanation to twain Augmented and Potential Authenticity (AR/VR), defined as head-mounted displays with enigmatical three-dimensional account and violent field-of-conception (Kaku, 2011). Opposing the deed that AR and VR keep twain existed restraint decades, they keep solely begun to dispose mainstream study of-late as a extinguishedfollow of the exponential development of computer authority which now suffers restraint the passion of “presence” has been delighted Attributable to the limitations of prior controlcedware iterations, head-mounted-displays solely suffered restraint an extremely poor field-of-view, monochromatic tinge, and reduced effect rates; integral of which weightyly broke immersion and leaving the consumer technologically discontented. However, smartphundivided technologies keep restraintced alteration in cloak displays whose resolutions are thousands of continuances loftier than they were in the departed (Kaku, 2011). Balanceover, computer processors are billions of continuances balance captelling and authorityful than the coming copys which is why VR/AR keep grace balance vitelling than controlforever precedently as bewaren with innovative symbols approve the Oculus Rift and the HTC Vive (Kaku, 2011).

        VR agrees the remotest sentiment of potential technology and, when authorityful ample, can suffer consumers to acquire their wildest fantasies in a sure, amply concocted environment. Furthermore, it agrees the principal adit restraint message as it suffers consumers to trudge into the stories traditionally tpristine in learning, instrument, and videos. AR agrees an balancelay of the authentic universe which is objectd to improve the five rational sentiments. Regardless of their differences, they are twain bewaren as a devibeware to smartphones attributable to the deed that they can agree the similar features plus so plenteous balance. Runningly, the Information Technology toil has obtained a plateau in smartphundivided sales with mass unintermittently predicted to trutination as companies agony to tender upstart and sensational features to succor customers to donation upstart copys (Rawlinson, 2017). Prominent physicists and scholars including excluding refertelling poor to Michio Kaku and Ray Kurzweil keep predicted that a issue objectd with a friendly co-operation of VR/AR technology conquer reinstate the smartphones which keep grace so ubiquitous balance the departed 10 years (Kaku, 2011). Utilizing their enormous instrument and radiant eliminationers to balancefollow the plateau in sales of the universe’s unintermittently bestselling issue, Apple, Inc. is recommended to conduct-in their admit explanation of this technology in a produce ingredient that is twain dandified and ingenuous. Although it has been grpossess through several patents that the tech hercules is in deed already instituted towards this, investors hypothesize that they are patiently cessation restraint balance improvements in ductile processors and displays to suffer restraint an plain meliorate consumer familiarity (Kaku, 2011).

    Execution and veer scheme

    Alteration and veer as-welllation is a monstrous defy in any structure and consequently, Apple Inc must attobject a lacking things restraint the as-welllation to be happy. The sodality should follow up with a budconclude which entails how plenteous conquer be gone-by to conduct-in the upstart veers (Rababah et al., 2011). There is no waver that complete elimination has been dundivided on the upstart alterations and so ample instrument are needed to detail the veers are effected happyly. The conduct should also detail the members who conquer be legitimate restraint the veers, adduce roles to several employees restraint facile conduct and as-welllation. Produceation of a team may be the most expobject agitate. Scheme restraint the launching schemee by identifying the explanation commonalty such as employees, customers controleseeing. who conquer be introduce.

    Attobject the message means that conquer detail integral the employees and clients are courteous informed encircling the veers. This is where the scheme policy follows in to acceleration the object of obtaining as vaporous clients as likely; embracing of the bulky and upstart clients. Identify the most useful practice to advise the issue. In the running universe, collective instrument is the culmination platproduce that can be used to obtain as vaporous commonalty as likely. Remember the concludement of the issue conquer be measured using the quantity of fruits that conquer be calm from the upstart issue. Attobject creating inoculation sessions where the explanation stakeholders and employees conquer the taught on how the upstart issue works. Acceptance testing would be recommendtelling to beware if the issue’s functionality is as intentional.

    The eight-trudge copy of veer by Kotter could be used to conclude the objectorsement of the veers from the explanation staff members and stakeholders. The chief trudge of this copy is to shape the complicated parties retain that it is inevitable to shape veers and acting straightly is expressive. Create a team tight of conquering and committed members who conquer acceleration in coordination, message, and control of the akin activities. Produceulate initiatives and strategic anticipation and then promulgate them to the team of apt commonalty (Webster, 2012). Action should be charmed to reagitate any barriers that may be the hindering as-welllation of the veers. Establish reconciles that ought to be concluded behind a unfailing continuance or else critics conquer start. Put balance exertion behind the chief reconcile has been concluded so as to conclude meliorate extinguishedcomes in the adjacent controlthcoming. Finally, continue on to the upstart manners until the pristine behaviors are reinstated.

    Unless sustainability is concluded in the alteration scheme, Apple Inc. conquer perceive itself solving the similar defys controlwhole continuance. Involve the staff members by hopeful them to grant extinguished their conception and then condense these ideas into the scheme. The veers may demand large inoculation of the staff members who are complicated to detail they inferiorhalt what is demandd of them to as-welll the veers concludementamply (Minnier, 2014). Having the correct commencement in an structure is undivided practice of ensuring that alteration conquer be sustained. Build upstart infrastructures and technologies that conquer shape it controlced to recommence the pristine manners. Detail that the alteration tinkle with the centre values and intents of the structure’s cultivation. Creative a promotive environment that conquer shape the employees harmonize and be comforttelling with the upstart practice of doing things.

    Commencement cogitation and application

    Alteration is explanation to the concludement of an structure; it depends on the commencement title of an single. Consequently, it is up to the several pioneers and supervisors to detail that they annex the commencement titles that conquer impel alteration. A supervisor who is innovative would affection to be ranked using the concludements; pioneers should then shape it a familiarity of measuring their concludement and in the process, they conquer follow up with upstart ideas (Kesting et al., 2015). Put unitedly the petty alterations and in the hanker last undivided conquer keep an praiseworthy archives of vaporous alteration. As a pioneer, undivided should be legitimate restraint making decisions excluding of continuity, hearken to other commonalty’s ideas.

    Here are some of the practices that undivided can tarry an innovative pioneer. Keep an unconcealed message means where the employees conquer be generous to grant extinguished their suggestions; this conquer welfollow upstart ideas. Keep a disengaged intent and command towards whatforever undivided wants to conclude as a pioneer in the structure (Garud et al., 2011). Avoid life the idiosyncratic who shapes integral the great or expressive decisions in the sodality, it is expressive restraint other parties to be brought on table as-well. Keep a pay restraint the team or employees who conquer grant extinguished the principal ideas. The passion of admitership conquer succor undivided to grace balance innovative.

    The values and credulity of an single has a weighty impression on the delineatione of alteration and the animate husband upstart opportunities in controlthcoming. The innovative pioneers constantly do value the upstart ideas conquer dispose-of extinguished and the structure’s intents conquer be concluded at the object of it integral. There is no idiosyncratic who would grace a happy innovative pioneer withextinguished the conquer to catch risks. Very lacking alterations would catch a mitigate flexion towards concludement and consequently it is up to the single to value that the intents conquer be concluded opposing the defys.

    References

    Kaku, M. (2011). Physics of the Controlthcoming: How Science Conquer Shape Rational Destiny and Our Daily     Lives by the year 2100. Upstart York: Anchor Books.

    Minnier, T. E. (2014). How To Build Sustainability Into the Alteration Process; 2014.

    Webster, M. (2012). Happy veer conduct—Kotter’s 8-trudge veer copy. Commencement Thoughts.

    Rababah, K., Mohd, H., & Ibrahim, H. (2011). Customer conformity conduct (CRM) processesfrom speculation to practice: The pre-implementation scheme ofCRM rule. International Journal of e-Education, e-Business, e-Conduct and e-Learning, 1(1), 22.

    Kesting, P., Ulhøi, J. P., Song, L. J., & Niu, H. (2015). The impression of commencement titles on alteration-a re-examination. Journal of Alteration Conduct, 3(4), 22.

    Garud, R., Gehman, J., & Kumaraswamy, A. (2011). Complexity arrangements restraint sustained alteration: Lessons from 3M Strengthening. Structure Studies, 32(6), 737-767.

    Rawlinson, N. (2017, April 25). Truth of Apple: The fable of Steve Jobs and the sodality he founded. Retrieved May 24, 2018, from https://www.macworld.co.uk/feature/apple/history-of-apple-steve-jobs-mac-3606104/