Innovation

Abstract

This research paper aims to provide significant knowledge about the innovation and the importance of innovative ideas and strategies in the organizational context. This also helps to provide hoe organizations can bring innovation in their businesses and various risks associated with the innovation. It also provides an opportunity for innovation in the school's attendance system. The paper provides an insight how schools administration can update their attendance record system.

Abstractii

Introduction1

Innovation1

Opportunity2

Ensuring Success3

Impact on Results3

Innovation in attendance system4

Creating Customer Value4

Implementation Process5

Measuring the Impact6

Reflection on Learning7

Conclusion7

References8

Innovation

Introduction

Organizations are striving for achieving remarkable success in their business. They are bringing innovations in their products and services for satisfying customer needs. Organizations without innovation are nothing; they can create competitive advantage by using innovative technologies in their business strategies (Rao et al, 2001). There is a huge competition among various organizations in the market but the only leading company is that, who can bring innovative ideas for its target market. Organizations, which cannot bring innovation in their strategies might left behind in the competition. Innovation can become an important factor for the success of the organization through which organization's discover unique products for its customers and identify their capabilities through which they build differentiate products or services that are not delivered by anyone else.

This research paper has identified an opportunity for innovation in the education sector. It has been identified that the “attendance activity” in the schools should make automated; in short, there is an automatic system for attendance record of the students in the school.

Innovation

Innovation is a process in which organizations improve their old processes or sometimes eliminate their old strategies and introduce new and creative ideas in their products or services. Customers also provide an opportunity for innovation through their demand for a specific product. However, an innovation is unsuccessful till the time it in not successfully implemented in the organization (Stanleigh, 2013). Innovation may be termed as a dream, vision or a wish but it is also difficult for an organization to change it into reality.

Innovation starts when a unique idea comes into mind and it ends at the implementation of the innovation and there is always a goal or demand attached to the innovation that an organization has to meet for bringing innovation (BurgeSmani & Wheelwright, 2004).

Opportunity

The paper has identified an opportunity in the school's attendance system. The attendance system of the students and staff should be based on an automatic system and this innovation can be implemented by using advance technology in the schools. It seems difficult for teachers to take out some time from their daily activities and record attendance of the students one by one manually. This innovation can gives an opportunity to the teachers and school staff to save their time they spent on attendance activity and teachers have the more time available for teaching the students.

By implementing this strategy, students also know that the attendance system is strict so the absenteeism rate will also decrease. There is a need to communicate innovation with students and school staff and ...