Question 1

Assignment: Exploring the Role of an Innovation Manager Instructions: 1. Research: Begin by conducting research on the role of an innovation manager. Consider various industries, organizations, and contexts where innovation management plays a crucial role. Look for real-life examples, case studies, and scholarly articles to gather relevant information. (20)

2. Understanding the Role: Based on your research, create a detailed description of the responsibilities, skills, and competencies required for an innovation manager. Analyse the characteristics that differentiate an effective innovation manager from others in the field. (20)

3. Case Study Analysis: Select two organizations that have successfully implemented innovative strategies. Compare and contrast the approaches taken by their innovation managers. Analyse the impact of these individuals on driving innovation within their respective organizations. (20)

4. Stakeholder Perspective: Identify and describe the key stakeholders involved in the innovation management process. Analyse how an innovation manager interacts with different stakeholders, such as employees, customers, investors, and partners. Discuss the challenges and opportunities faced in managing these relationships.

5. Innovation Process: Explain the steps involved in the innovation process and how an innovation manager contributes to each stage. Illustrate your explanation using a relevant example or case study. (10)

6. Critical Evaluation: Critically evaluate the role of an innovation manager in fostering a culture of innovation within an organization. Discuss the potential barriers or obstacles that an innovation manager may encounter and propose strategies to overcome them. (10)

7. Referencing