INNOVATION MANAGEMENT
Name:
Institutional Affiliation:
Innovation Management
Introduction
The element of innovation remains an integral aspect within an organization since this determines its survival within a market. However, it remains a challenge for most organizations to maintain their innovative nature consistently, an aspect that requires effective approaches of contributing to the success of their organization (Volberda, et.al.2013). Within an organization, a significant feature of innovation process purposely depends upon the creativity of employees who come with different compelling ideas, while other aspects of innovation includes the manner in which an organization conducts its innovative processes from a managerial and technical perspective.
In this case, it is important to establish that the management of knowledge within a work environment remains one of the challenges that organizations encounter in the process of improving their innovative nature. Knowledge management therefore remains the single most approach that is essential in improving an organizations competitiveness and innovation within a market segment (Volberda, et.al.2013). This paper seeks to establish the manner in which an organizations structure and processes can either support or impede its ability to be innovative, an aspect that will be achieved through an example drawn from Toyota Company.
An Organizations Structure and Processes and its Impact
In as much as teams and individual factors within an organization have the capacity to influence work behaviors and attitudes, the structure of an organization can be viewed as a powerful tool that influences the actions of employees. An organizational structure is consequently aligned to how teams and individuals work in a coordinated manner with the aim of achieving the objectives and goals of an organization, an aspect that requires individuals to be managed and coordinated...