Assignment:
Answer questions fully and with understanding!!
1. In "Business Model Innovation in Practice," Euchner and Ganguly (2014) discuss the challenge of implementing innovations within organizations that are naturally resistant to change. They present a systematic approach for integrating innovations to increase the likelihood of acceptance and success. Review their five-step approach and discuss how the four functions of management (planning, organizing, leading and controlling) can be leveraged within in their suggested approach to assist organizations in implementing successful innovations.
2. What do you anticipate will be the greatest challenge of operationalizing strategy across various business functions? Do you think the challenges change depending on the circumstances? Provide an example within your field.