Saturday, June 15, 2019

Innovation. Innovative techniques of a manufacturing company Assignment

Innovation. Innovative techniques of a manufacturing company - Assignment ExampleIt is not possible to apply the innovative techniques of a manufacturing company, in a help empyrean. This is because the two business models operate in different spheres, and the main different is depicted in the nature of the products they produce. The profit sector deals with intangible goods, while the manufacturing sector deals with tangible goods. An compositors case of a service is the delivery of mails, by Fed Ex Company (Chang, 2011). It is important for the service industry to create a finish of innovation while conducting their activities. This is because the service sector is a major employer, and greatly contributes to the exposement of an economy. However there are scraps that can prevent entrepreneurs in a service sector from innovating. This is because there arent any clear guidelines on how to innovate for a service sector (Chang, 2011). However, an entrepreneur can overcome this challenge by appreciating the service in which an entrepreneur provides to the community. This will create a proper wit that will advocate for the improvement of the service to carter for the various call for of its customers. It is essential to separate the physiology, structure and the context within which the business operation focuses on. By doing this, the organization will broaden its scope of innovating, and therefore overcome the challenges that the service sector faces in developing an innovation (Omachonu et al, 2010). An example depicting an organization that appreciates its scope of operation and created ideas for its relevance in the market is easy jet. The main fair game of the company is to make it easier for customers to access go. As a result of this objective, the company developed various products such as, Easy Cruise, Easy Pizza, and EasyCinema. This was possible because of the right mindset emanating from the management because of appreciating the context of their business operations. Anformer(a) method of overcoming the challenges is to create a research and development subdivision within the organization. The department should be responsible for carrying let on a market research on the requirements of a customer, and on how to satisfy their needs (Dodgson et al, 2010) . The department should be responsible for analyzing the feedbacks of the sales representatives of the company, and the various customers that the organization serves. The department should also look at the strategies of the organizations competitors, and analyze their innovative tendencies. Basing on the results of their analysis, the department should advice the management of an organization on whether to copy the style of their competitors mode of operation, or to develop their own strategies. On this note, the R and D department is an important element of overcoming challenges that emanate from innovating in a service industry. Another method of overcoming the cha llenges that emanate for innovating in a service sector is to focus on the core elements of the company (Chang, 2011), this is as opposed on innovating in the supplemental elements of the company, such as warm customer care services, effective problem solving mechanisms, after sales services, such as an extra service to the customer without any charge. These supplementary services can be copied by their rival companies. On this note, to maintain an edge over their rivals, the organization should focus on improving its core business objective. An example is the innovative ideas of CNN in making its services accessible on a 24hr basis. Google initiated measures of improving the speed of its search engine network, and Fed Ex initiated measures of speedily delivering packages to their clients by working for 24hrs a day. However, it is not only important to focus on the core element or objective of the business, it is important to focus on other supplemental elements of the business or ganization while creating a product that will be attractive in the market. In as much as supplementary ser

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