Organizational Impact Paper
April 10, 2014
Dr. Rebecca Montano
Innovation and creativity have been known to go hand in hand when being applied to an organization with the intention of stepping ahead within an industry. When a business develops a strategic model, its strategy, processes, product, and service will be impacted by innovation and creativity. There are many benefits when using innovation in an organization. Reduced development costs can lead to a better bottom line in the long run. Along with utilizing advancements in technology, an organization can harness the already existing qualities it has in order to gain a better understanding of what can limit effectiveness. Innovation, Design, Creativity Impact
In today’s popular culture, it is necessary for an organization to incorporate innovation to develop new ideas, and maintain brand recognition. Innovation will also give business the ability to keep up with changing times that may be found useful toward radical changes in products. Innovation can also provide new ways for an organization in doing business. For example Toyota, has shown innovation and creativity for years in the auto product line. Toyota as other dealerships creates different products to offer the public at least every two years. The impact of innovation for the dealership gave the business stability for many years. Toyota is not an organization that thrives on repetition. The business can always look for the new the unexpected to present to the auto industry. Toyota is one of the top innovators today. The innovation Toyota’s novelist use separates the organization manufacturing customer satisfaction.
The power of innovation for any business will show positive results if the changes are well sought through before presenting the innovation. Without innovation, an organization will not have a growth or expansion to profit additional money. If shareholders do not incorporate innovation the success rates decreases. It is not a good practice for Toyota not to use innovation is not the best business practice for an organization or small business.
Creative thinkers are often those who are willing to assist an organization in making creative changes that prove to the world the company’s vision and imagination. Toyota has many creative thinkers in place to the business brand new and exciting.
Toyota’s primary goal is to understand the customer need and find how to supersede the need and over power each consumer with a “wow factor” of customer satisfaction. Because of Toyota’s willingness of going beyond with innovation, Toyota’s claim to success is internationally known. When companies face setbacks with innovation and creative thinkers the organization will find success because the opportunities innovation ensures. Unique Innovation Considerations
With the constant innovations and computer advancements showing up very quickly with each new model year, unfortunately, the decrease in the automotive industry over the last few years with the economic decline, gas prices, and the bailouts associated within this industry have given the need to develop newer innovations to coax buyers back. One of the business innovations that are most popular is the introduction, and development of the hybrid vehicles. Toyota is already an industry leader in this concept, the need from the consumer will far exceed the availability very soon, and for Toyota to expand the vehicles they offer this gas saving innovation offers the consumer so much of the latest innovation trends that give the consumer an alternative to spending large amounts at the gas pump as the prices steadily increase, as well as giving the consumer a more earth friendly alternative to the current heavily polluting vehicles on the market. By giving the hybrid as a wider choice in expanding it to several models, and to...
References: Linda Nielsen-Englyst. (2003). Operations Strategy Formation - A Continuous Process. Integrated Manufacturing Systems, 14(8), 677-685. Retrieved April 5, 2014, from ABI/INFORM Global.
Baldwin, Dana (2008). The Strategies of the Innovation Process. Retrieved on April 5, 2014 from http://www.strategyletter.com/CD0603/featured_article.php
Spear, Steven & Bowen, H. Kent. (Sept-Oct 1999). ” Decoding the DNA of the Toyota Production System,” Harvard Business Review. Retrieved on April 6, 2014 from http://clinicalmicrosystem.org/toolkits/getting_started/decoding_dna.pdf
Strategosinc.com. (2011). Decoding the DNA of the Toyota Production System: Corporate Culture in Lean Manufacturing. Retrieved from http://www.strategosinc.com/toyota_corporate_culture.htm
Chan, Joseph O. (2006). A Conceptual Model for Operations-Analytics Convergence. Journal of American Academy of Business, Cambridge, 8(1), 48-54. Retrieved April 6, 2014, from ABI/INFORM Global.
Please join StudyMode to read the full document