Organizational Innovation – Integrated Project

Organizational Innovation – Integrated Project Order Description Casino Industry Strategy Innovative Proposal: Reward Program for casino restaurant purchases, not gaming Identify unknown problems and unmet opportunities before you develop an innovative strategy to address them. Follow the IBDM five-step roadmap to prepare a proposal in which you apply the steps to the creation of an innovative business strategy. The five steps are • Assessment of the situation • Identification of the problem and opportunity • Creative concept development • Prototype development • Implementation, validation, and refinement Explain the unique nuances of innovative strategy development as it relates to the IBDM. (Innovation Business Design Model) 1. Assessing the situation 2. Identify problem/opportunity 3. Creative concept development 4. Prototype development 5. Implementation, validation, and refinement • Assessing the situation: - The business professional will proactively examine the internal/external business environment looking for opportunities to innovate in order to create a competitive advantage. • Identify and define problem/opportunity: - The business professional identifies specific unknown and/or unmet problems/opportunities. • Creative concept development: - The business professional will use creative thinking techniques and inspiration to develop innovative and practical concepts to address the identified problems/opportunities. • Prototype development: - The business professional designs and develops innovative practical concepts as iterative models for testing and evaluation. • Implementation, validation, and refinement: - The business professional evaluates the outcomes of the creative concept development to determine appropriate enhancements, improvements, or exit strategies (cancellation). PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)

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