Innovation Management: A Shifting Paradigm to Innovation Management Styles, Culture, and Strategies
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The purpose of the thesis is to analyze historical management viewpoints to gain an understanding of the fundamentals of management in order to evaluate current trends. Scientific management, classical management viewpoints, behavioral management viewpoints, and learning organizations are a few of the historical perspectives analyzed and discussed. Most of this analysis comes from secondary data gathered by a variety of sources through the UMKC Bloch School, UMKC libraries databases, and other scholarly sources. Primary data was gathered from an interview at a local Kansas City, Missouri business, Snow & Co. An interview with the owners was conducted to see how they implement innovation and the ideas surrounding managing a learning organization. Innovation and organizational change and adaptation is the future of businesses and the key to long-term growth and profitability. Managing innovation will be imperative to the success of implementing new practices and procedures within organizations. It is important to look at the current landscape and understand the need for these changes as well as the proper management styles associated with them. If organizations are able to empower employees, adapt to changes and new ways of doing things easily, instill an innovative culture within their business, and implement innovative technology, then they will be able to establish a long-term competitive advantage, and better internal and external stakeholder satisfaction.