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Title: Explain the advantages and disadvantages of “competing through innovation”
Description: Explain the advantages and disadvantages of “competing through innovation”
Description: Explain the advantages and disadvantages of “competing through innovation”
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Explain the advantages and disadvantages of “competing through innovation”
Table of Contents
Introduction
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3
Critical discussion of the issues and challenges related to your topic and expected
developments in the future
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9
Bibliography
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Throughout the analysis of the behaviour of today's company it had
been realization for the fact that the majority of the companies are moving too fast for
that shipment of new Innovative behaviours products and services without waiting for
deliberately understanding to what degree has it there's a customer would be reacting to
the products and services that are being provided by the company under the name of
new Innovations (Hong, Sakchutchawan, Callaway, & Kunnathur, 2011)
...
This idea is based on the fact that you told genuine from Innovation and creativity would
be attracting customers and the customers will differentiate between the useful
Innovative products and they're less useful products that's why it is important for
companies to understand the true value of their customers that they are trying to
achieve or two trying to satisfy in order to provide them with Innovative product that will
meet these needs and satisfy their True Values have Universal products will only
succeed in the market and this is how International camping and large institutions
succeed in that statement of the highest position in the market with their targeting the
value to the customer and they need to avoid trying to handle the question of whether
the Innovative behaviour and the Innovative product are always good for all those bad
choices a combination between innovativeness and ordinary products that would be
identified as a viable product that will succeed and the product that will never reach
success (Situngkir & Khanafiah, 2015)
...
however; the
innovativeness can be leading to the competitive advantage and disadvantage for the
organizations, there would be higher ability for the companies to grow and to sustain
their capabilities for ensuring the development of a sustainable approach, through which
the organizational products and services would be focusing on the enhancement of the
organizational positioning and the enhancement of the capability of the customers to
develop new products and serves however, the implanting of the innovativeness in
every dimension of the company will allow the companies to grow faster and provide
different competitive advantages (Hong, Sakchutchawan, Callaway, & Kunnathur,
2011)
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Discussion and explanation of the topic
The choice of the best strategy is considered to be based on the idea of creating
the highest value for the customers that would ensure their satisfaction this would be
conducted throughout innovative approaches and processes
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According to Bartes 2009, the current
century is the century of the information technology, knowledge management, and
innovativeness (Hana, 2013)
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This process is called for the continued success of the organization
throughout continuous learning and motivating creativity and development different
types of Technology, which had been used for the purpose of the enhancement of
organization in competitiveness and develop new approaches through which the
company will be able to dominate its Market
...
Evolutionary
innovation has been considered and you Postal Service that would lead to their Total
Transformation over the entire industry or the markets such as the discovery of the
mobile phones which changed completely the way the person communication can be
conducted (Wagner, 2008)
...
Cell phone had been considered a new evolutionary
project; the same project witnessed different level of innovations that changed
completely shape of the first cell phones that have been introduced in the market
(Situngkir & Khanafiah, 2015)
...
However
innovation has been regarded as one of the potential threat that may meet their
company
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The
theme of innovation will lead to understanding got the product will never be the same all
the time and it will be no guarantee for the continued success of the project without
continuous innovation for an instant it can be suggested that anything can change and
invasion has the authority and responsibilities food fading of the old photos and projects
in order to come up with something new
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Success will be achieved when the organisation understand the merits of
innovation to adopt Innovative strategy and Innovative oriented culture the organization
would be able to understand and focus on the development of all its Human Resources
financial resources and research and development resources that will allow the
company to grow and maintain the highest position in the market for the enhancement
of its competitiveness and its ability to strike down their rifles in the entire National and
international markets (Kirschner, Hendriks, Paas, Wopereis, & Cordewener, 2004)
...
One of the biggest mistakes made by the companies not to
provide resources, information and ideas and human resources and material resources
needed in order to reach better results
...
The goal of the innovative process in the first and the other is to evaluate all
the socks company and strengthen the company's position in the market management
of the company; we will invest the development of the company (Afuah, 2009)
...
Using scientific research and studies and
scientific studies have confirmed that the process is innovative within the company does
not have a direct impact on over to the company that carried out within the processes
and products of the company may lead to increased profits of their own, but there is no
direct relationship or anytime the company will achieve a profit from behind innovative
process within the company
...
Garcia and Calantone (2002) explained that he study the products
within the company and its development will lead to the ability of the company's new
Page 6 of 12
Internet which will improve the company's image within the market and in the
customer's mind that less will be considered a company better than competing products
to buy them without hesitation
...
In the end, confirm can confirm that the process on the creative process and
innovative will give the company many advantages and special abilities that will affect
all aspects of the show the company and their own capacity to overcome all the hurdles
and obstacles that you will encounter trying to achieve its goals (Townsend, 2010)
...
Google Glasses
that been launched in the International Market has a new innovation
...
This innovation had been
recognized as a potential competitive advantage that turned to be a huge harm for the
organizational operations and reputation within the market
...
Another example
Innovative product is considered to be then you pulled it off Amazon which is supposed
to be a smartphone that provide the customer with the ability to directly purchase from
the organization and application centre
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This is based on the idea that the
customer is being provided with the same feature
...
Successful company join in the markets and keep its name in the markets will be
changed over the ability of companies to adhere to the process and innovative ability to
shut down all obstacles for the innovative process of continuous development without
the continued growth of the company stop and not exposed to the pressures in the
market and that can be you want to come out after achieving losses heavy
...
Company must collect the company's resources and assets in order to
Page 8 of 12
save money to provide all the capabilities required by the employee in order to achieve
innovative ideas is the primary without any kind of frustrating first scare
...
On the other level, it
should make sure the company he beginning of the process will start innovative in terms
of marketing research ended
...
On the other level, the
process is innovative is not confined to products that advance to the client only, but can
it be applied to products and processes offered by the company in order to produce all
the products and services the customer and the ability the company will be granted to
increase the existing products and new, increasing pressure operations and
effectiveness specifications from where the company can achieve competitive
advantage against competitors in the markets
...
Summary
in the end it had been suggested that the use of innovation and creativity within the
organization will lead to the development of the organizational performance and ability
to develop new products or new phone for current flow is the highest paid for the car
Page 9 of 12
which will allow the customer to develop a relationship with the company and will ensure
the success of the company in the market without any threat from competing
companies
...
The increase in demand for modern products requires
companies that are innovative business process is always non-stop from where it
included innovative processes for specific products in which it operates
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The success of the organizations in the market would
be requiring huge contribution from the entire members of the organization, which would
be conducted throughout the enhancement of the organizational portions and process,
as well as the enhancement the employees innovativeness and creativity, we would be
ensuring that thy will able to handle the entire problems, which thy would be facing
...
For the sake, of the
Page 10 of 12
organizational superiority, management should be focusing on the implanting of the
ideas of innovativeness and entrepreneurial behavior within the organizations
...
Considering the role of the creativity in
the development and the hanged o the organization, there would be analysis forth
strengths that be gained by the organizations from the improvement of their fictiveness
and efficiency which would be leading to the rise of the organizational competitiveness
and competitive advantages
...
Bibliography
Afuah, A
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Strategic Innovation: New Game Strategies for Competitive Advantage
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Cooper, L
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Strategic Marketing Planning for Radically New Products
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64, No
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1-16
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(1992)
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Journal of the Academy of Marketing
Science, September 1992, Volume 20, Issue 4, pp 323–329
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, & Wensley, R
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Assessing Advantage: A Framework For Diagnosing Competitive
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Hana, U
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Competitive Advantage Achievement through Innovation and Knowledge
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5, Issue 1, pp
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7441/joc
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01
...
Retrieved from http://www
...
cz/files/127
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, Sakchutchawan, S
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, & Kunnathur, A
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Innovation and Competitive
Advantage: Model and Implementation for Global Logistics
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Page 11 of 12
4, No
...
Retrieved from
http://www
...
org/journal/index
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(2004)
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Open University of the
Netherlands, SURF Foundation
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eric
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gov/fulltext/ED485042
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, & Kearns, G
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A Resource-Based View of Strategic IT Alignment: How Knowledge
Sharing Creates Competitive Advantage
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doi:10
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02289
Maital, S
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Innovate Your Innovation Process: 100 Proven Tools
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Retrieved from
9789814759960
McDaniel, Hair, & Lamb
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Marketing 7
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McDonald, M
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Malcolm McDonald on Marketing Planning: Understanding Marketing Plans and
Strategy
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Paley, N
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How to Develop a Strategic Marketing Plan: A Step-By-Step Guide
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Retrieved
from
https://books
...
com
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, & Millar, V
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How Information gives you competitive advantage? Harvard University
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, & Khanafiah, D
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Innovation as Evolution Case of Study: Phylomemetic of Cellphone
Designs
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Retrieved from https://arxiv
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Thomas, K
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Intrinsic Motivation at Work: What Really Drives Employee Engagement
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Townsend, W
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INNOVATION AND THE VALUE OF FAILURE
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Retrieved from
ftp://ftp
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org/opt/ReDIF/RePEc/ibf/ijmmre/ijmmr-v3n1-2010/IJMMR-V3N1-2010-5
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(2008)
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BioEssays 30:367–373
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Page 12 of 12
Title: Explain the advantages and disadvantages of “competing through innovation”
Description: Explain the advantages and disadvantages of “competing through innovation”
Description: Explain the advantages and disadvantages of “competing through innovation”