Question.4765 - MBA 580 Module Seven Short Paper OverviewOrganizational creativity and innovation have proven to be challenging concepts to measure. There is not a particular output that indicates organizational levels of innovation. To flourish, innovation and creativity must be fostered within the organization. They must be established as cultural values in order for the organization to see the benefits.PromptWrite a paper evaluating business metrics for innovation. Although business metrics generally measure symptoms or outputs of an organization’s culture, we can find correlations between some business metrics and the quality of an organization’s innovation culture. Review the table shown below and answer the following questions.Consider the metrics in the table and evaluate if each is a good measure of innovation and creativity.Is the number of active products an indicator of innovation, or an indicator of whether the innovation is incremental or discontinuous?Is research and development (R&D) headcount an indicator of innovation or labor efficiency?What would it mean if any of these metrics increased over time?Evaluate and select which company (INAGG, Inc. or AMMB, Inc.) is most likely to have a culture that supports innovation and creativity.How might non-R&D staff time dedicated to experimenting with new products be an indicator of an innovation culture?What are some scenarios in which having more patents would not be a good indicator of an innovation culture?Discuss the ability, and limitations, of metrics such as the ones in the table and business intelligence (BI) to measure the ability of an organization to innovate or support employee creativity.What are the limitations of the metrics that you think are the best indicators of innovation culture?Could some of the limitations be avoided by using a combination of metrics?How could business intelligence be used to evaluate limitations of metrics?MetricINAGG, Inc.AMMB, Inc.Number of active products126Research and development (R&D) budget$10M$14MR&D headcount5233% of sales from products introduced in the past four years15%35%Number of new products launched in the past four years73Employee time dedicated to experimenting with new productsNot tracked10%Number of patents in the last four years723Note: Both companies are in the same industry and make similar products. They have the same number of total employees, revenue, and length of time in business.What to SubmitSubmit a two-page Word document with double spacing, 12-point Times New Roman font, and one-inch margins. You are not required to use sources; however, if you choose to use sources, they should be cited in APA format. Consult the Shapiro Library APA Style Guide for more information on citations.
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- xxxxx Paper xxxxxxx for xxxxxxxxxxxxxxxxxx New xxxxxxxxx UniversityMBA xxxxxxxxxxxxx Number xx Active xxxxx The xxxxxxxx of xxxxxx items xxxx by x company xxxxxxxx data xx the xxxxxx of xxxxxxxxx goods xx has xxxxxxx an xxxxxxxxx model xxx be xxxxxxxxx it xx the xxx determinant xx receiving x shot xxx process xxxxxxxx around xxxxxx slight xxxxxx and xxxxxxxxxxxx Because xxx portfolio xx not xxxxx as x notable xxxxxxxxxx but xx called xxx portfolio xxxxxxxx it xxxxxxxxx a xxx perspective xxxx is xxxx fractal-like xxxxx Research xxx Development x D xxxxxx A xxxxxx R x budget xx the xxxxxx of xxxxx it xxxxxxx in xxx development xx its x D xxxxxxxxxx which xx a xxxxxxxxxxx financial xxxxxxxxxx and xxxxxx But xxxxxxx of xx idea xxxxxx be xxxxxxx by x big xxxxxx This xx a xxxxxxxxxx but xxx necessary xxxxxxxxx R x Staff xxxx like xxx budget x D xxxxx is xx indicator xx resources xxxxxxxxxxxx human xxxxxxxxx that xxx be xxxx for xxxxxxxxxx Though xxxxxx a xxx R x staff xx beneficial xxxx alone xx not x guarantee xx innovative xxxxxxx Quality xx the xxxxxx their xxxxxxxxxx competencies xxx organizational xxxxxx underpinning xxxxx efforts xxx no xxxx significant xx not xxxx significant xxxxx Share xx New xxxxxxxx Launched xx the xxxx Four xxxxx This xxxxxxx is x reliable xxxxxxxxx of xxx success xx recent xxxxxxxxxxx A xxxx percentage xxxxxxxxx that xxx business xxxxxxxxx creates xxx introduces xxxxxxxxxxxxxxx new xxxxxxxx This xxxxxxxxx shows xxxx innovation xxxxxxx result xx measurable xxxxxxxx outcomes xx reflecting xxxx the xxxxxxxxxx of xxxxxxxxxx and xxx impact xx the xxxxxx Total xxxxxx of xxx Product xxxxxxxxxxxxx over xxx Last xxxx Years xxxx measure xxxxxxxxxx the xxx output xx the xxxxxxxxxx process xxx indicates xxx quantity xx new xxxxxxxx that xxxx been xxxxxxx to xxx market xx active xxx healthy xxxxxxx of xxxxxxxxx can xx reflected xx the xxxx new xxxxxxx launches xxxxxxxx Time xxxxx on xxx Product xxxxxxxxxxxxxxx This xxxxxxx reflects xxx culture xxx commitment xx fostering xxxxxxxxxx through xxxxxxxx some xxxx to xxxxxxxxxxx Number xx Patents xxxxxx in xxx Past xxxx Years xxx of xxx measurements xx creative xxxxxx that xxxxx intellectual xxxxxxxx creation xx patents xxxxxxx not xxx patents xxx created xxxxx Depending xx its xxxxxx and xxxxxxxx application xxxx are xxxx valuable xxxx others xxxxxxxxx to xxxx key xxxxxxx AGG xxx lacks xxx same xxxxxxx of xxxxxxxxxxxxx as xxxx Inc xxx AMMB xxx the xxxx higher xxxxxxxxxx of xxxxxxxx from xxxxxxxx introduced xxxxxx the xxxx four xxxxx compared xxxx suggests x stronger xxxxxxxx to xxxxx innovation xx profitable xxx sellable xxxxxxxx Moreover xxxxx commitment xx observing xxx assigning xx employee xxxx for xxxxxxxxxxxxxxx even xxxxxx assigned x D xxxx demonstrates xx education xxx discovery xxxxxxx that xxxxxxx the xxxxxxxxxx for xxxxxxxxxx Thein xxxx though xxxx firms xxxxx on x D xxx larger xxxxxx portfolio xx AMMB xxx indicates xxxx innovative xxxxxx Since xxxxxxxxxxxxxxx opens xx the xxxxxxx to xxxxxxxx encourages xxxxxxxxx and xxxxxxxxxxxxxxxx work xxxxx the xxxxx to xxxxxxxxx from xxxxxxxxx departments xx contribute xxx shows xxx company's xxxx commitment xx creativity xxx risk-taking xx cannot xx the xxxx responsibility xx R x personnel xx develop xx innovation xxxxxxx It's xxxxxxxxx to xxxxxxx that xxxxxxxx patents xxx not xxxxxx a xxxx thing x thorough xxxxxxxxxx must xxxx into xxxxxxx not xxxx the xxxxxx of xxxxxxx but xxxx their xxxxxxx and xxxxxx and xxxxx qualitative xxxxxxx even xxxxxx the xxxxxxxxxx show xxxx AMMB xxx has x better xxxxxxx of xxxxxxxxxx Thein xxxxxxxxx and xxxxxxxxxx of xx and xxxxxxx Metrics xxx business xxxxxxxxxxxx BI xxxxxxx good xxx imperfect xxxxxxx into xxxxxxxxxx Production xxxxxxxx such xx R x spending xxx patent xxxxxxx are xxx metrics xxxxxxxxx resource xxxxxxxxxx These xxx extended xx BI xxxxx context xxxxxx and xxxxxxxxxx Restrictions xx the xxxx indications xxxx dominant xxxxxxxxxxx such xx the xxxxxxxxxx of xxx product xxxxx have xxxxxxxxxxxx This xxxxxxxxx does xxx show xxx nature xx the xxxxxxxxxx gradual xx disruptive xx the xxxxxxxxx utilized xxxxxxxx it xxxxxxxxxxx market xxxxxx Combinations xx Metrics xxxxxx combinations xxx be xxxxxxx to xxxxxx some xxxxxxxxxxx For xxxxxxxx when xxxxxx numbers xxx correlated xxxx sales xx new xxxxxxxx it xxxxxxx easier xx demarcate xxxxxxx patent xxxxxxxxx and xxxx commercialization x more xxxxxxxxx picture xx innovation xxxxxxx can xx created xx blending xxxxxxxxxxxx data xxx qualitative xxxxxxxxxxx including xxxxxxxx surveys xxxxx Applying xx to xxxxxxx Constraints xx is xxxx to xxxxxx constraints xx the xxxxxxx Investigating xxxxxxxxxxxx among xxxxxxxxx might xxxxxx biases xx surprises xxx instance xxxx an xxxxxxxx patent xxxxxx is xxx connected xxxx business xxxxxxx Trends xx which xxxxxxxxxxxx may xx identified xxxxxxx monitoring xxxxxxx over xxxx in xxxxxxx A xxxxxx picture xx formed xx combining xxxxxxxxxxx from x variety xx sources xxxx as xxxxxx and xxxxxx media xxxx which xxxxxxxxxx gaps xx current xxxxxxxx and xxxxxxxxxxx the xxxxxxxx of xxxx comprehensive xxxxxxxxxx metrics xxxxxxxxxxxxxx A x study xx interest xxxx banking xxxxxx in xxx world xxxxxxxx thesis xxxxxx Bilimler xxxxxx sMore Articles From MBA-580-11555-M01 InnovStrat High-Perform