2Discussions And Responses

Running head: DATA SECURITY PRACTICES 1

DATA SECURITY PRACTICES 7

Discussion 2

Post3:

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Principles for Effective Innovation

In a company, there are numerous uncertainties and variables, so it’s not possible to control them effectively; thus, the principle can provide the necessary guidance to effective innovations. There are several guiding principles for innovations. Here are some of the principles that will make a company run smoothly.

Involving the customer experience within a project – If an organization fails to involve the customers in this process, then it’s operating in an organization’s perspective rather than for the customers. Ignoring the input of the customers will negatively affect the reputation of the organization.

Innovation strategy - Teams should understand what they are doing. This will help a company to maintain existing customers and attract new customers or penetrate new markets (Curley, 2016). If the innovation strategy is handled well, the shareholders will have an opportunity to support the organization.

Innovation when people convert problems to ideas – New ideas were brought through some kind of questions, problems and snags (The Essence of Innovation: 5 Principles, n.d.). To implement any innovations, it needs an atmosphere which encourages some problems, inquiries, etc. then the teams will work effectively.

Have an objective - If all the employees within a company have a sense of the organization’s objectives and its purpose, this results in a robust innovation (Curley, 2016). Robust innovation includes having a view of the future, knowing where to explore, designing the right portfolio and making the necessary cultural and structural commitments.

Open processes - An organization should open its processes to the users; this will encourage diverse and new ideas and thus, encouraging innovation.

Think Big - If an organization wants to be innovative, it should have a team of think-tanks. This is an essential step for revolutionary innovation. Look for all the possibilities, customer’s requirements, competitors in the market, products and then narrow the requirements to reach and fit in. For a better result of the product aim high at the initial stage. Also think about high-level strategies, collaboration and objectives.

Failure Strategy - Innovations in most cases, is a result of a failure. Organizations usually improve and learn different things from failures.

References

CenterforCreativeLeadership. (n.d.). The Essence of Innovation: 5 Principles. Retrieved from https://www.ccl.org/multimedia/podcast/the-essence-of-innovation-5-principles/

Curley, M. (2016). Twelve principles for open innovation 2.0. Nature, 533(7603), 314-316.

McKeen, J. D., & Smith, H. A. (2015). IT strategy: Issues and practices. Pearson Higher Ed.

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Response 3:

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Effective innovation should be able to help the organization come up with new business models that can help it propel to greater heights (McKeen, Smith & McKeen, 2014). To achieve this, the organization should clearly know where it wants to go. In this regard, it is important to define the objectives of innovation. Customers should be built in the design using the existing customer experience. This helps in coming up with innovations that meet the customers’ needs (Kressel & Winarsky, 2015). Organizations should be patient with the changes brought about by new innovations especially when long-term change is anticipated. New innovations require continuous learning to improve and make them effective. Organizations have to create innovation teams that ensure there is innovation acceleration whenever it has been started to avoid being overtaken by events. 

References

McKeen, J. D., Smith, H., & McKeen, J. D. (2014). IT strategy. Upper Saddle River, N.J:             Pearson Education.

Kressel, H., & Winarsky, N. (2015). If you really want to change the world: A guide to creating,    building, and sustaining breakthrough ventures. Boston, Massachusetts: Harvard Business Review Press.

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Response 4