Continuous fast-moving industries where managers are in

            Continuous innovation is
more than just additional changes which relates to the existing, progressive
evolution that occurs in activities formation and construction (UCSanDiego,
2015). Continuous improvement is connected to strategic competitiveness and learning
organisation. In this topic, an understanding of continuous revolution, this is
linked to leading and managing change. When competition is increase, the
organisation always try to innovate new product and make some changes to stay
in battle with other companies and increase the market and shares of the
product. For instance, Apple has been able to reach constant innovation and all
customer delight by keep back shareholder values on market because apple has
not modified its organisation to increase their profit. Alternatively it has
built the construction of value for consumer’s priority.

Before
examining various products, organisation first look specialised agile teams,
flexible application architecture and superior user experience and knowledge
retention and product development. According to Robert (1999) provide a smart
explanation, in fast-moving industries where managers are in under pressure to
get faster step of development, production and creation, this activities are
significant for continuous innovation. Learning organisation has never been
stronger without strategic competitiveness or continuous innovation; it has the
relationship between this two key concepts. Improving the organisation is
hypothetically aimed at maximising effectiveness and efficiency and thus
furnishing a competitive advantage. There are many weaknesses which make
imbalance to continuous innovation like insufficient investment, workforce
training, lack of equipment, productivity-enhancing technologies that are
high-risk, insufficient awareness and lack of a strong institutional structure
(Harry, Frank). Leading and managing change is the long term and short term
strategies which integrates the action of today with the vision of tomorrow.

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 Following to (Zelimir & Zijada, 2016,
p.59) apply most smart explanation on today’s dynamic and uncertain business
environment, it is determined by the capacity of organisations to acknowledge
changes and continually work on innovation through strategic orientation
competitiveness leads to the success of the company. Continuous innovation can
help organisations to accomplish the perceived quality as expected by customer
from the offered quality. If any organisation re-innovate their products, the
look after the quality, satisfaction of customer, service range, increased
profits and improved production techniques. Continuous innovation is the
process which establish control, budget share for example ATM machine,
organisation of ATM improve their services day by day like now online banking
is available and one can use ATM cards without entering password just only tap
on use.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Learning
outcomes

Understand what innovation
and change or what are the strategies during change process. (Robert 1999)
How to create an organisation
approach(McKinse & Company,1996-2018)
 Describe the weaknesses that contribute
in continuous innovation. (Harry, Frank)
Describe the role of constant transformations.

 

Learning activity

 

 

 

Innosight
2017 statement: “In the last 15 years, 52% of the Fortune 500, companies have
gone extinct”.

The
following link is the reason why BlackBerry crumbled in the smart phone market.

https://www.theinquirer.net/inquirer/feature/2473044/6-reasons-blackberry-crumbled-in-the-smartphone-market

Identify
reason why the BlackBerry, Blockbuster, Kodak and Nokia gone extinct.

Conclusion

 

All
the points elaborated above, it can be concluded that, continuous innovation is
given the rapid pace of change in new technologies, resources. Today’s
environment is complex, dynamic and sometimes volatile. One of the biggest
causes of failure for change leading is lack of understanding. Leader first identify
their opportunities for improvement, analysis the task then determined the
outcomes of the strategies. Continuous improvement helps a business to organise
or manage. Constant innovation is the big part of any organisation.

Continual
innovation is a process which involves all employees within an organisation and
is based on a culture of trust and empowerment. It is a strategy based on
favour to advance the business. The most powerful component of continuous
innovation is people. Empowered, motivated, educated people who work as a team
and it is the key component for a successful continuous innovation. In any
organisation, leaders know how their work is presenting to the success. Once
the organisation knows what the consumer wants and what the services look like,
then after they provide product with level of quality that meet the expectation
of consumer.

Regarding
the importance of learning organisation to continuous innovation, an
organisation performed to learning attempt to enormously understand their environment,
which involves the customer, competitors and emerging technology. The more
understanding of innovation, it leads to better competitive strategies and
performance. The conclusion of this study assert that the importance of
innovation is not limited to well organised and large secure which enjoy major
economies of scale. Idea generators, product champion analyse the product and
what improvement going to take and how to promote change. They also maintain
core competition; establish control, budget and shares. Organisation always
hires highly creative staffs. Top level manager create a sense of belonging and
motivate employees so that their contribution are identify.