Importance of innovation in business vision, mission, and values
Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business’s vision, mission, and values, and determine your business model for this new division. Include the following:
- Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service.
- Describe how the division addresses customer needs and achieves competitive advantage.
- Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future.
- Explain how the vision, mission, and value of the new division align with the company’s mission and vision.
- Summarize how the vision, mission, and values guide the division’s strategic direction.
- Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.
Format your paper consistent with APA guidelines. No more than 15% of your work should be quoted and/or paraphrased material.
………………Answer Preview………………
Innovation is mother of all invention and in a business this is the engine that pumps lives into all of its activities helping it expand to greater dimensions. It is the main idea in shaping corporate life and helping companies to adopt various strategic options (Innovation and Buisness).Innovation has gone a long way in enabling businesses remain business through prediction of future trends hence enabling the business to adapt to the current changes that will integrate future trends.
Geolou entertainment is a company placed……………..
APA
1,466 Words
