Understanding of the strategy and innovation course and we are following the book “Strategic Management of Technological Innovation” Sixth Edition by Melissa A Schilling.
Organizational Leadership Strategy & Innovation
This is a paper about the overall understanding of the “strategy and innovation” course and we are following the book “Strategic Management of Technological Innovation” Sixth Edition by Melissa A Schilling.
Let me know what specific details you will need besides the below provides details
The goal of the paper is to develop an innovation strategy for the organization.
Choose a Company whose information is publicly available and provide the following
1. Background of the company
2. Why you chose the company
3. What are the critical issues they face in their market?
4. How could Innovation address the critical issues?
5. What are the risks/threats to the innovation?
6. Develop a proposed Innovation Strategy composed of the following a. Goals – Organizational Goals b. Metrics- How will you measure the progress to the goal?
c. Methods – What are the Tactics and Action Steps necessary to achieve the goals?
d. Resources – What are the resources (tangible and intangible) needed to implement the strategy successfully?
e. Implementation – What is your implementation plan?
f. Monitoring/Evaluation – How will you systemically monitor progress and feedback?
g. Refinement – How will you incorporate the aforementioned feedback to improve your strategy? At what intervals will you review and refine?
7. Conclusions – What have you learned so far and how do you plan to apply this new knowledge in your career? Paper should be 7-10 pages focused on the logic, coherence, and substance of your innovation strategy.
Please cite all external references.
Textbook: Strategic Management of Technological Innovation by Melissa Schilling 6th edition ISBN-13: 978-1260087956
This book: Strategic Management of Technological Innovation, Sixth Edition is written for courses that may be called strategic management of technology and innovation, technology strategy, technology innovation, technology management, or for specialized new product development courses that focus on technology.
The subject is approached as a strategic process, and as such, is organized to mirror the strategic management process used in most strategy textbooks, progressing from assessing the competitive dynamics of a situation, to strategy formulation, to strategy implementation.
1. Complete Coverage for Both Business and Engineering Students
2. New Short Cases and New Indian Cases
3. Cases, Data, and Examples from around the World
4. More Comprehensive Coverage and Focus on Current Innovation Trends
Melissa A. Schilling, Ph.D.
Melissa Schilling is the John Herzog family professor of management and organizations at New York University’s Stern School of Business. Professor Schilling teaches courses in strategic management, corporate strategy and technology, and
innovation management. Before joining NYU, she was an Assistant Professor at Boston University (1997–2001), and has also served as a Visiting Professor at INSEAD and the Bren School of Environmental Science & Management at the
University of California at Santa Barbara. She has also taught strategy and innovation courses at Siemens Corporation, IBM, the Kauffman Foundation Entrepreneurship Fellows program, Sogang University in Korea, and the Alta Scuola
Polytecnica, a joint institution of Politecnico di Milano and Politecnico di Torino.
Professor Schilling’s research focuses on technological innovation and knowledge creation. She has studied how technology shocks influence collaboration activity and innovation outcomes, how firms fight technology standards battles, and how firms utilize collaboration, protection, and timing of entry strategies.
She also studies how product designs and organizational structures migrate toward or away from modularity. Her most recent work focuses on knowledge creation, including how breadth of knowledge and search influences insight and learning, and how the structure of knowledge networks influences their overall capacity for knowledge creation.
Her research in innovation and strategy has appeared in the leading academic journals such as Academy of Management Journal, Academy of Management Review, Management Science, Organization Science, Strategic Management Journal, and Journal of Economics and Management Strategy and Research Policy.
She also sits on the editorial review boards of Academy of Management Journal, Academy of Management Discoveries, Organization
Science, Strategy Science, and Strategic Organization. She is the author of Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators Who Changed the World, and she is coauthor of Strategic Management: An
Integrated Approach. Professor Schilling won an NSF CAREER award in 2003, and Boston University’s Broderick Prize for research in 2000.
Ravi Shankar, Ph.D.
Ravi Shankar is the Professor at Department of Management Studies, Indian Institute of Technology Delhi India. He is a Fellow of Indian National Academy of Engineers (FNAE). His research citations and H-index are commendably very high
among business school faculty of India and the subcontinent. He has contributed as visiting professor at business schools in the UK, the USA, Thailand and Vietnam.
He has coauthored book on Management of Technology, Supply Chain Management, Operations and Supply Chain Management, Industrial Engineering and Management, and many more.
Professor Shankar has supervised over 60 completed PhDs and coauthored over 400 research papers in journals and reputed conferences like Technological Forecasting and Social Change, Knowledge Management: An International Journal, Journal of Operations Management, International Journal of Production Economics, European Journal of Operational Research, Transportation Research Part E, Decision Support Systems, Omega: An International Journal of Management Science, IEEE Transaction in System Man and Cybernetics (Part-C), International Journal of Production Research, Computer and Industrial Engineering, Supply Chain Management: An International Journal etc.