Question.4768 - MBA 580 Module Five Report OverviewAs a middle manager, you have already recommended an innovation option (incremental or discontinuous) to the organization from the course scenario. However, one of the organization’s key luxury-market competitors in passenger vehicles recently launched a prototype of a fully autonomous luxury sedan. It has announced that it plans to bring the model to market within the next two years. The organization wants to prepare for the challenge.You have been tasked with creating a report recommending the most suitable process for managing innovation in a changing external environment (for example, a key competitor coming up with a new product). You will also recommend how cross-functional teams can work effectively within the process. Lastly, you will address the concerns of the key stakeholders about introducing innovation management processes in a changing environment.PromptBased on this scenario, create a process recommendation report. Remember to tailor the information for the target audience, your stakeholders. Your report should include the following points:Identify the most suitable process for managing innovation in a changing external environment. You must consider the following processes and briefly describe all four processes before you offer your recommendation:Stage-gateAgileLeanDiscover-iterate-pivotExplain your rationale for your recommendation.Describe the advantage of your chosen process over others.Explain how it can address the changing external environment.Explain recommendations for ensuring cross-functional team effectiveness in the chosen process.How would you measure team success at each stage of a project?How would you review and implement changes coming out of success measurements?How do you know when you are done with the project?Describe your plan for addressing the concerns of your key stakeholders. Select two of the following departments whose directors will be your audience: research and development (R&D), finance, human resources (HR), or marketing.Identify key stakeholders who will use the report in your organization.List at least two concerns they may have about processes for managing innovation.Explain your response to their concerns.What to SubmitSubmit a 2- to 3-page Word document with 12-point Times New Roman font, double spacing, and one-inch margins. If references are included, they should be cited in APA format. Consult the Shapiro Library APA Style Guide for more information on citations.
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- xxxxxx Process xxx Managing xxxxxxxxxxxxxxxxxx New xxxxxxxxxx UniversityMBA xxxxxxxxxxxxxxxxxx The xxxxxxxxxx of xxxxxxxxxx to xxxxxx continuity xx having x competitive xxxx especially xx the xxxxxx for xxxxxx passenger xxxx in x constantly xxxxxx external xxxxxxxxxxx is xxxxxxx Our xxxxxxx needs xx adopt xx approach xxxx promotes xxxxxxxxxx and xxx retains xxxxxxxxxxx effectiveness xxxxx stakeholder xxxxxxxx are xx be xxxxxxxxx while xxxxxxx on xxx best xxxxxxxxx for xxxxxxxxxx management xx to xx presented xxxxx with xxxxxxxxxx for xxxxxxxxxxxxxxxx team xxxxxxxxxxxxx this xxxxx addresses xxx the xxxxx Varma xx determine xxx best xxxxxxxx it xx essential xx first xxxxxx four xxxxxx innovation xxxxxxxxx stage-gate xxxxx lean xxx discover-iterate-pivot xxx stage-gate xxxxxxx is x linear xxxxxxxxxxx with x decision xxxxx between xxxx stage xxxxxx gates xxxx the xxxxxxxxx development xx determined xx each xxxx by xxx stakeholders xxx is xxxxxxx to xxxxx or xxx allowed xx proceed xx the xxxx stage xx is xxx adaptable xx circumstances xxxx things xxxxxx quickly xxxxxxxx being xxxxxxxxxxxxxxx and xxxxxxxxx in xxxxxxxx risks xx major xxxxxxxx Agile xxxxxxxxxxx puts xxxx importance xx iterative xxxxxxxxxxx regular xxxxxxxxxxxxx and xxxxxxxxxx feedback xxxxx emphasizes xxxxxxxx of xxxxxxxxxxx value xxxxxxxxxx the xxxxxxx and xx highly xxxxxxxxx It xx performative xx a xxxxxxx setting xxxx changing xxxxxxxxxxxx Larman xx ensures xxxx value xx maximized xxx waste xxxxxxx It xxxxxxx continuous xxxxxxxxxxxxxxx that xx verified xx ensure xxxxxxxx in x laser-like xxxxx on xxxxxxxxx value xx the xxxxxxx The xxxx process xxxxxx to xx most xxxxxxx in xxxxxxxxxxxxxxxxxxxx environments xxx minimizing xxxxxxxxxxxxxx and xxxxxxxx creativity xxx discover-iterate-pivot xxxxxxx is xxxxxxxxxxxxx by x high xxxxx of xxxxxxxxxxxxxxx and xxxxxxxxxxxx Teams xxxxxxxxxxxx test xxxxxxxxxx iterate xxxxx on xxxxxxxx and xxxxx when xxxxxxxxx This xxxxxxx thrives xx highly xxxxxxxxx environments xxx encourages xxxxxxxx problem-solving xxxxx evaluating xxxxx processes x recommend xxxxxxxx the xxxxx process xxx managing xxxxxxxxxx in xxxxxxxx to xxx competitor x fully xxxxxxxxxx luxury xxxxx prototype xx is xxxxx on xxx dynamic xxxxxx of xxx external xxxxxxxxxxx and xxx necessity xx fast xxxxxxxxxx Agile xxx several xxxxxxxxxx over xxxxxxx procedures xxxxx include xxxxxxxxxxx ongoing xxxxxxxxxxx with xxxxxxxxxxxx and xxx capacity xx respond xxxx quickly xx changes xx the xxxxxx and xxxxxxxxxx Varma xxx agile xxxxxxx is xxxx to xxxx with xxx shifting xxxxxxxx environment xxxxxxx the xxxxxxxxxxxx of xxxxxxxx into xxxxxxx more xxxxxxxxxx steps xxx organization xx therefore xxxx to xxxxx functional xxxxxxxx into xxx market xxxxxx a xxxx short xxxx and xxxx continuous xxxxxxxxxxxxx of xxxxxxxx Iterative xxxxx makes xxxx that xxx innovation xxxxxxx is xx pace xxxx changes xx the xxxxxx and xxxxxxxx needs xxxxxx To xxxx cross-functional xxxxx effective xxxx the xxxxx methodology xxxxxxx guidelines xxx a xxxx First xx all xxxx regards xx the xxxxxxxxxxxxxx and xxxxxxxxxxxxx happening xxxxxx the xxxxxx structure xxxxx and xxxxxxxxxxxxxxxx must xx well xxxxxxx Stand-up xxxxxxxx will xxxxxxx communication xxx allow xxxxx to xxxxxxxx and xxxxxxx problems xxxx fast xxxxxx feedback xx each xxxxxxxxx will xxxx teams xxxx much xxxxxx to xxx market xxxxxxxxxxxx Larman xx keep xxx project xx track xxx ensure xxxxxxxxxx progress xxxx success xxxx be xxxxxxxxx at xxxxx level xxxxxxx metrics xxxx include xxxxxxxx that xx the xxxxxx of xxxx done xx a xxxxxx features xxxxxxxxxxx and xxxxxxxx satisfaction xxxxxx Retrospectives xxx sprint xxxxxxx are xxxxxxxxx opportunities xx measure xxxxxxxxxxx and xxxxx out xxxxx of xxxxxxxxxxx Analyzing xxxxxxxxxxxxx feedback xxx modifying xxx strategy xx the xxxx according xx it xx essential xx review xxx implement xxxxxxx based xx success xxxxxxx This xxxxx include xxxxxxxxxxx resources xxxxxxxx schedules xx even xxxxxxxxxxx development xxxxxxxxxx If x long-term xxxxxxxxxxx outcome xx going xx be xxxxxxxx the xxxxxxx of xxx team xxxx be xx continuous xxxxxxxxxxx One xx the xxxx critical xxxxxxxxxx tasks xx handling x project xxxxx be xxxxxxxxxxx when xxx project xxxxxx be xxxxxxxxx The xxxxx method xxxxxxxxxxxx that x project xx finished xxxx it xxxxx the xxxxxxxx value xxx the xxxxxx all xxx success xxxxxxxx have xxxx met xxx further xxxxxxxxxx are xxx believed xx be xxxxxxxxx The xxxxxxxxxxxxxx of xxx objectives xx the xxxxxxx will xx ensured xx detailed xxxxxxxxxxxxx and xxxxx review xxxx the xxxxxxxxxxxx Varma xxxxx addresses xxxxxxx support xxx ensuring xxx implementation xx the xxxxxxxx innovation xxxxxxxxxx process xx this xxxxxx I xxxx focus xx the xxxxxxxx that xxx finance xxx R x departments xxxx raised x D xxxxxxxxxxxx will xx concerned xxxx technical xxxxxxxxxx and xxxxxxxx allocation xx the xxxxx framework xxxx might xxx whether xxxxxxxxx development xxxx dilute xxx final xxxxxxxxx quality xx counter xxxx I xxxxxxx best xxxxxxxxx for xxxxxxxxx excellence xxxx as xxxxxxxxx testing xxx continuous xxxxxxxxxxx A xxxxx definition xx done xxx each xxxxxx will xxxx mean xxxx quality xx consistently xxxxxxxxx A xxxxxxxx management xxxx that xxxxxxxx clarity xx R x in xxx to xxxxxx the xxxxxxxxx and xxxxxxxxx across xxxxxxxxxx is xxxx needed xxxxx Finance xxxxxxxxxxxx would xx concerned xxxx budget xxxxxxxxxxxxxx and xxxx control xx an xxxxx environment xxxxxxxxx approaches xxxxxx agile xxxxx look xxxx it xxxxxxx financial xxxxxxxxxxx relative xx a xxxxxxxxxxxxxxx process xx order xx answer xxxx concern x will xxxxxxx a xxxxxxxxxxxx planning xxxxxxxx whereby xxx budget xx reviewed xxx changed xx appropriate xxxxxxxxx with xxxxxxx to xxxxxxx progress xxx changing xxxxxxxxxxxx Transparency xx financial xxxxxxx value xxxxxxxx will xxxx serve xx build xxxxxxxxxx among xxxxxxx stakeholders xxxxxxxxxxxxx agile xxxxxxx is xxx best xxxxxxxx to xxxxxxxx against xxx rapidly xxxxxxxx external xxxxxxxxxxx which xx presented xx our xxxxxxxxxxxx launching x fully xxxxxxxxxx luxury xxxxx We xxxx be xxxxxxxxxxxxxxx to xxxxxxxxx innovation xxx maintain xxx market xxxxxxxxx for xxxxxx passenger xxxx if xx validate xxx effectiveness xx cross-functional xxxxx monitor xxxxxxxx regularly xxx pay xxxxxxxxx to xxxxxxxxxxx issues xxxxxxxxxxxxxxxx C xxxxx and xxxxxxxxx development x manager's xxxxx Addison-Wesley xxxxxxxxxxxx Varma x Agile xxxxxxx development xxx to xxxxxx innovative xxxxxxxx that xxxxxx customer xxxxx ApressMore Articles From MBA-580-11555-M01 InnovStrat High-Perform
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