Discuss about the market and demand for innovation


Assignment:

Take into account the time constraints on modern businesses in terms of time to market and demand for innovation. As an aside, and not as part of the assignment, you may wish to consider how your answers would or would not change if you were considering a craftsmen-type or vertically-integrated business.

Based on the above information and on your reflection of the readings for the course, answer to the following:

• If continuous improvement is the key to remain competitive, then why do firms codify so many processes into enterprise resource planning (ERP) systems?

• Does this limit innovation and if so, how can that risk be reduced? If you were an ERP vendor what would be your perspective?

Create your response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation.

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