Find 5 Companies Compare companies that use different innovation styles and strategies. Find 5 products or processes that use Lean Innovation Research when Open Innovation is utilized. Determine when to use Jugaad vs. Systematic Innovation. Research the r

Question Description

Find 5 Companies Compare companies that use different innovation styles and strategies.
Find 5 products or processes that use Lean Innovation
Research when Open Innovation is utilized.
Determine when to use Jugaad vs. Systematic Innovation.
Research the role of Agile in Innovation
Begin to think about innovating your product in light of what you have learned from these companies.
Determine what you will need to effectively innovate the product/ process.
Complete Innovation Journal 3 notes about innovation styles and strategies.
Step 2: Create & innovate the product, service or process.

Begin to plan how you will innovate the product or process. First, obtain a detailed description of the product or process. Determine what you will need to effectively innovate the product/ process. Determine what unique characteristics your innovated product or process must have. Try to innovate the product or process using Jugaad, disruptive, open, systematic, or lean innovation. Complete Innovation Journal 4 notes about the innovation process.

Assignment:

Create a diagram that compares a minimum of 5 companies in a diagram. Clearly and accurately show what innovative strategies each company has employed, the effect of the strategy, and the product or service innovated. Includes pictures and stories of the process.
Then, design and describe a product or service idea that is unique for a company. Demonstrates significant thought and research behind the idea. Provide a minimum of 2 full pages. Support your work with academic literature in the form of APA formatted cites and references.

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