1. Does the result of the planning process indicate what needs to be done next, who needs to do it, and when it needs to be done?

2. How are "newness" and "failure" handled by the firm?

Example Answers

Yes, The company has "growth days" when a wide variety of individuals gather to learn and share their opinion/comments on the products the company showcases. The results shows which projects they should continue working on and which projects they should avoid continuing Does the result of the planning if they see that it has no potential. That way, they process indicate what needs to can focus working on the imporvements to 8 be done next, who needs to do create excellent products. The company has a it, and when it needs to be unified and systematic approach where they done? include engineers, scientists, marketing specialists, and other key domains in the business to work on their innovations. This is a good strategy since their products can't be easily created. They never stop researching and developing new and innovative products which is why the company has survived for over 150 years. They are able to handle "newness" because of their innovation strategies and processes. They are continuously turning simple products into innovative products by researching on what they can create to help with the needs of the people and to improve the functions of different things. How are "newness" and " failure On the other hand, the company experiences 9 handled by the organization or failures too. What they do is, if they really think firms in the industry? that the products do not meet their expectations, they will no longer continue with that project. This helps the company save resources. Thay way, they can focus more on the projects that has a high potential and continue working on new innovative projects. To keep it simple, the company never stops researching and developing innovative products