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have an assignment where I will attached you the 2 articles below and can you please go through and answer the following question: 1. Understanding

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have an assignment where I will attached you the 2 articles below and can you please go through and answer the following question:

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1. Understanding the Need for Innovation. Employees must understand that innovation is the most substantial catalyst for growth (Boundless, n.d.-a), the reason Smithfield began to dominate the market in the first place, and the source of its ability to continue the momentum. Innovation is the main competitive advantage that Smithfield possesses: they have a proven, long history of developing value through solutions as from the very beginning, the company's furniture satisfied the needs of a very niche market. Companies who are innovative are naturally more adaptable to external changes "to react faster and more effectively to avoid risk and capture opportunities (Boundless, n.d.-a)." Seemingly the most important reason to bring employees up to speed and share the reason Smithfield must continue to be innovative is that "empowering employees to engage in broader organization-wide innovation creates a strong sense of teamwork and community and ensures that employees are actively aware of and invested in organizational objectives and strategy (Boundless, n.d.-a)." References Boundless. (n.d.-a). Adapting and Innovating / Boundless Management. https://web.archive.org/web/20211202121633/https:/courses.lumenlearning.co m/boundless-management/chapter/adapting-and-innovating/5. Possible Decision-Making Oversight The most likely decision-making oversight the board could make in the launch of a new product line would be "pro-innovation bias". This means favoring any modernized and innovative ideas just because it displays something new. This type of decision-making oversight may cause regret for the organization because the management would be focusing on the attractiveness of the modern idea even though it lacks proof to support the usefulness and convenience of the new change (Lumen Learning, n.d.). Lumen Learning. (n.d.). Barriers to Individual Decision Making and Styles of Decision Making | Principles of Management. Courses.lumenlearning.com. https://courses.lumenlearning.com/wmopen- principlesofmanagement/chapter/introduction-the-decision-making-process/

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