Reference no: EM132791208

problem 1. Explain how the innovation opportunities are aligned to the business goals and objectives? ( Is the business ready for the change? And what is the ramification of the daily operations?)

problem 2. Conduct a cost-benefit analysis of the opportunities that are likely to be implemented. What is the impact on the staff and culture of the organisation? (Think about skills, training, communication and support.)

problem 3. What are the risks involved in the innovative change processes?

problem 4. Is there a need for intellectual property protection and copyright? What happens if the organisation doesn't protect themselves? Could their ideas be easily replicated? How would this impact their operation? What if a competitor was able to produce cheaper 'knock offs'?