The Importance of Innovation Architecture
For this assignment, research the innovation architecture of at least three companies that are well-known for successfully supporting a culture of innovation. (See 3 companies listed below)
1. Starbucks
2. Walmart
3. Wholefoods
Write a 750-word paper that addresses the following:
1. What particular elements of each organization's culture, processes, and management systems and styles work well to support innovation?
2. Why do you think these organizations have been able to capitalize on innovation and entrepreneurship while others have not?
3. Based on what you have learned, what processes and systems might actually stifle innovation and entrepreneurship?
4. Imagine yourself as an innovation architect. What structures or processes would you put in place to foster a culture of innovation within your own organization?
Include in-text citations to at least four reputable secondary sources (such as trade journals, academic journals, and professional or industry websites) in your paper.
Prepare this assignment according to the guidelines found in the APA Style Guide,
This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment. Therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.
Reference
Miller, P., &Wedell-Wedellsborg, T. (2013).Innovation as usual: How to help your people bring great ideas to life. Boston: Harvard Business Review Press.