Discuss actions steps managers can take to foster organizational innovation. Solution There are a number of key drivers needed to encourage and foster innovation in organizations, including: 1. Strategy for Innovation A clear and articulated strategy for innovation must be developed and accepted to encourage innovation across the organization. Strategy development first requires an understanding of the business and its environment, and should involve stakeholder input to ensure buy-in across the organization. Innovative companies have a clear vision and core values that encourage the pursuit of organizational objectives, including innovation initiatives. 2. Innovation Leadership throughout the Organization Commitment and support from top management is the cornerstone of successful innovation. Management influence is necessary to overcome the barriers to successful change, which innovators often encounter. Identifying .

1. Discuss actions steps managers can take to foster organizational innovation.
Solution
There are a number of key drivers needed to encourage and foster innovation in organizations,
including:
1. Strategy for Innovation
A clear and articulated strategy for innovation must be developed and accepted to encourage
innovation across the organization. Strategy development first requires an understanding of the
business and its environment, and should involve stakeholder input to ensure buy-in across the
organization. Innovative companies have a clear vision and core values that encourage the
pursuit of organizational objectives, including innovation initiatives.
2. Innovation Leadership throughout the Organization
Commitment and support from top management is the cornerstone of successful innovation.
Management influence is necessary to overcome the barriers to successful change, which
innovators often encounter. Identifying