Essay Topic: Fostering innovation in organizations Using contemporary examples of business practice from your own research, together with analytical models, conceptual frames and a theory from the main topics covered in the module discuss: Why innovation is important in today's competitive business environment? One Specific example of innovation bringing change and success to organizations. What organizations can do to manage innovation and change effectively? Tips: Support all your arguments with references to material published online and in print . Do NOT use Wikipedia as a reference - but use Wikipedia instead to find links to case studies and other published material . Paraphrasing others' views, citing the relevant source, is better than using lots of direct quotations . Refer to guidance on Harvard referencing of Deakin University Structure of this assignment This assignment should have no more than 800 words and consist of a clearly presented essay style text. While writing on the topic set out in this assessment brief you are expected to explain why your chosen topic represents challenges for business today and then define precisely what particular aspect your investigation will focus on. You then need to explain how you went about exploring this issue by setting out the different sources of data that are likely to provide insights into contemporary business practice, justifying why you used particular data sources to identify and then analyse the example you use in this assignment. The example you have researched then need to be critically discussed in relation to relevant concepts and theories covered in the module. This might include a critical evaluation of the extent to which theory reflects the business practice you identified. You should aim to draw some conclusions about how the application of theory might assist businesses in dealing with the contemporary challenges they encounter. Specific instructions: The examples you use need to be the result of your own research and based on academic, practitioner, policy and news sources published in print or online. A good assignment will explore a single example in depth, comparing and contrasting different sources, ideas and arguments on the issue you are exploring. A good assignment will demonstrate wider reading that goes beyond reading material issued for this module and contain a justification of the data sources and research methods used. Simply presenting material from your search, without explaining why you believe it is relevant and how it helps to illustrate theoretical content covered in the module, is unlikely to contribute to a good grade