Innovation and Change Management 1
Innovation and Change Management
Susan Miller
Word Count 2033
Innovation and Change Management
Change is an inevitable element that affects everyone, be it personal or in an organisational setting; it is the continuum and is always constant. (Mullins, 2005, a). In order for change to be recognised and implemented, there has to be a degree of innovation and creativity; where creativity acts as the source for change, innovation serves as the driver for change. This driver for change is influenced by a number of external factors, including the economy, competition, government legislation, and new technologies. Also to achieve these changes and ensure success, an organisation should have the same adaptability and consideration to the internal factors of its organisation such as; employee satisfaction, greater flexible working opportunities, diversity of the workforce, and to ensure conflict strategies are in place to allay any fears of change. (Mullins, 2005, b). The aim of this essay therefore is to explore the concept of innovation and how it has developed as a vital tool for change and potential success for an organisation, to identify and examine the various models of change, and the role of change management models in implementing the change.
Innovation in business terms can be described as transferring new ideas in order for the ideal to be recognised, whether it involves goods and/or service; its main aim is to add value and growth for an organisation. It is a key factor which all organisations can use, and through information, imagination, and initiative, can differentiate an organisations products/service in relation to its internal and/or external factors. According to The Business Dictionary (2014) innovation can be classed into two parts: Evolutionary-low risk (incremental) and revolutionary-high risk (radical). Revolutionary innovations are precarious whereas evolutionary is less so, for example: IBM’s PC against Apple Computer.
However
Susan Miller
Word Count 2033
Innovation and Change Management
Change is an inevitable element that affects everyone, be it personal or in an organisational setting; it is the continuum and is always constant. (Mullins, 2005, a). In order for change to be recognised and implemented, there has to be a degree of innovation and creativity; where creativity acts as the source for change, innovation serves as the driver for change. This driver for change is influenced by a number of external factors, including the economy, competition, government legislation, and new technologies. Also to achieve these changes and ensure success, an organisation should have the same adaptability and consideration to the internal factors of its organisation such as; employee satisfaction, greater flexible working opportunities, diversity of the workforce, and to ensure conflict strategies are in place to allay any fears of change. (Mullins, 2005, b). The aim of this essay therefore is to explore the concept of innovation and how it has developed as a vital tool for change and potential success for an organisation, to identify and examine the various models of change, and the role of change management models in implementing the change.
Innovation in business terms can be described as transferring new ideas in order for the ideal to be recognised, whether it involves goods and/or service; its main aim is to add value and growth for an organisation. It is a key factor which all organisations can use, and through information, imagination, and initiative, can differentiate an organisations products/service in relation to its internal and/or external factors. According to The Business Dictionary (2014) innovation can be classed into two parts: Evolutionary-low risk (incremental) and revolutionary-high risk (radical). Revolutionary innovations are precarious whereas evolutionary is less so, for example: IBM’s PC against Apple Computer.
However
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