Innovation & Change Case Study Example | Topics and Well Written Essays - 1250 words

Innovation & Change - Case Study Example s that bring about a positive change to various aspects of the company such as its production levels, economic stability as well as growth in the particular market it is situated in (Davila, Epstein & Shelton, 2006). The activities that take place when trying to achieve these changes can be seen as the product of innovation by the company. It is especially essential for individuals dealing with innovation to realize the various methods and approaches that can be taken when dealing their implementation and management. The identification of these approaches allows a manger to select the most appropriate approach for their company and as a result enhance the chances of success a company has at attaining their objectives. The relationship between innovation and change comes into play as a result of the effects that a particular action may have on a company (Fichter, 2009). It also brings about the question of how important a role innovation plays in the growth of a company and whether this growth can be achieved minus the involvement of innovative approaches applied by the mangers. In order to fully answer these questions, one has to look at a particular company and the innovative implementations involved when looking to promote a positive impact on the organization (Heyne, Boettke & Prychitko, 2010). An industry that can be used to further expound on this concept is the vehicle industry with a leading company such as Toyota being the topic of the study to determine the role that innovation plays in the growth of a company. It should be noted that despite the fact that innovation is an important element in itself, the management of these innovations determines the success that an individual is able to enjoy in the resulting outcome. There are various ways that innovation can be considered important in regards to the development and growth of a company. The key aspect that plays a role in this essentialness is the point that an organization cannot remain stagnant in

Alison Barnard Case Study Example | Topics and Well Written Essays - 500 words

Alison Barnard - Case Study Example sity of Richmond, Alison went on to pursue a one year Master’s degree in business administration (MBA) thereby increasing his knowledge on management and entrepreneurship. Equally important, every successful entrepreneur has to know how to manage their time, as well as offering what the customers are looking for in the market. These qualities can be observed in Alison, for instance, when she discovers that women are â€Å"fit loyal† rather than â€Å"brand loyal† (Babson 2010), Alison invents a strategic corporate plan for any premium jeans and tops boutique to meet the needs of the customer thereby increasing the demand for the boutique’s products, mostly jeans wares. Relatively important, Alison has good public relation skills, a characteristic necessary to become a successful entrepreneur. To illustrate, Alison had the essential skills and fervor to assist her trendy clients to find their right size and sets of jeans, something which enabled her to gain more revenue overtime. Besides, Alison is quite determined and an industrious person, qualities that enable her to be a successful entrepreneur. For instance, it is pointed out that he had high energy and from the beginning, Alison was observed to be running her hit venture, which continuously consumed virtually every waking hour. Furthermore, she was less concerned about burning out as compared to having her daily duties done, in order to plan and manage for the growth of the business (Babson 2010). However, in order to increase further her chances of becoming a successful entrepreneur, Alison has to avoid or reduce her engagement in some few practices. For instance, instead of focusing on the leadership that will be provided for every store, she could be concerned on the best way of transforming the business model that she has created in her original store. This will ensure that the customers will continue targeting the store, significantly giving the stores a competitive age and thereby enabling its