Elements of innovation that you feel are important for organizational change

The world is constantly changing. Some of the businesses and organizations that were around a decade ago are now gone. Businesses that are successful continually change and adapt to survive. Discuss the following:

Discuss 3 elements of innovation that you feel are important for organizational change.
What role do these elements play in the change management process in organizations?

 

Sample Solution

Elements of innovation that you feel are important for organizational change

Change in an organization leads to many positive aspects that lead to retaining competitive edge. Organizational innovation requires collaboration, ideation, implementation, and value of creation. Collaboration is one type of group activity familiar to community development. Giving the opportunity to every employee to share, discuss, and ideate on a potential change is critical to gaining insights into the success factors and struggles when driving a large scale organizational change initiative. Ideation is also important in organizational change. When facilitated in a successful way, ideation is an exciting process. The goal is to generate a large number of ideas, ideas that potentially inspire newer, better ideas that the team can then cut down into the best, most practical and innovative ones. Managing a successful organizational change can increase morale among workers and drive positive team building and job enrichment. These factors can directly and positively affect productivity and quality of work while shortening production cycles and reducing costs.

The World Trade Organization (WTO) is the international organization which deals with the rules of international trade and the conduct of trade in the international forum. The Organization enables in smooth and effective mechanism of the trade around the world. The WTO was established on January 1, 1995, created by the Uruguay round negotiations which was held during 1986 to 1994. The WTO replaced the General Agreement on Trade and Tariffs (GATT) which commenced in 1948. There are a total of 160 members in the WTO which represents 98% of the world trade. The headquarters of the WTO is located in Geneva, Switzerland.

Dispute Settlement Body

The Dispute Settlement Body is one of the principle organs of the World Trade Organization. Resolving trade disputes is one of the core activities of the WTO. A dispute arises when a member government believes another member government is violating an agreement or a commitment that it has made in the WTO. The WTO has one of the most active international dispute settlement mechanisms in the world. Since 1995, over 500 disputes have been brought to the WTO and over 350 rulings have been issued.

Appellate Body

The Appellate Body has been established in 1995 under Article

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