(Business Policy Questions 1 and 2)
Innovation takes an idea and converts it into a real game changer that could radically disrupt the current market space. How will companies take an idea and come up with a Radical Innovative Strategy to create and deliver a new product or service that crushes the competition? For this Discussion Thread, you are to describe an example of a product or service that a company put on the market that radically changed the landscape. The example may be Incremental or Radical Innovation.
Chapter 11 discusses the concept of Competitive Strategy. How companies evaluate their competition, the type of environment they compete in and a couple techniques to use in creating a Competitive Strategy. For this Discussion Thread you are to discuss the importance of a Competitive Strategy and provide an example of a Competitive Strategy that a company uses.
Managerial Skills I am attaching a worksheet that needs to be filled out.