Explain what type of innovation it is and its benefits


Problem

• Question 1: Assume that you lead a Research and Development (R&D) team in Samsung Electronics and work on new technology that provides new features and adds values to the existing products.

Explain what type of innovation it is and its benefits. What is required for the R&D team in order to make them engage in continuous improvements?

• Question 2: Explain why team dynamic is one of the factors for innovation. Explain how a team member can affect team dynamics

• Question 3: Explain why team requirements for innovation should be evaluated on a regular basis

• Question 4: From Q1, you lead the R&D team Explain how you can identify whether your team is engaged in innovation

• Question 5: From Q1, as you are the manager, explain how you can make the team members participate in identifying opportunities for innovation

• Question 6: Explain how to encourage team members to suggest their ideas for innovation In your answer, you are required to provide at least two ways to create an innovative working environment

• Question 7: What is agile working? Explain its benefits

• Question 8: Explain why delegation of responsibilities in a team is important for innovation

• Question 9: Explain which team stage ensures employees agree and share responsibilities to improve the team performance

• Question 10:Explain why activities should be scheduled with enough time for thinking and collaboration

• Question 11: Explain why rewards are recommended to stimulate innovation and reward methods

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Business Management: Explain what type of innovation it is and its benefits
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