AllFreePapers.com - All Free Papers and Essays for All Students
Search

In the Business World Innovation Is an Important Factor to the Long-Term Success of an Organization

Autor:   •  October 9, 2014  •  Essay  •  1,023 Words (5 Pages)  •  750 Views

Page 1 of 5

Organizational Impact Paper

Organizational Impact

In the business world innovation is an important factor to the long-term success of an organization. By being innovative organizations are able to gain and maintain a competitive advantage in their perspective markets. Research has shown that businesses that are creative and innovative have a large amount of success and sustainability when properly planned and implemented. The rapid rate in which technology is advancing is cause for organization to constantly evolve and revolutionize the way in which they operate. There are three organization that I have selected to discuss: 1) Apple Inc. 2) Southwest Airlines 3) General Motors. These organizations have continued to be innovative and ingenious in the way they operate and in the products or service they offer.

Apple Inc.

Apple Inc. is an American based company that was started by Steve Jobs and Steve Wozniak to produce computers ("Steven Paul Jobs", 2014). Today Apple produces computer hardware and software, and is considered to be innovative in the way they create, design, and market their products. Apple Inc. has a product line that consists of laptops and desktop computers, mobile phones, tablets, watches and many other video and audio devices. Apple Inc. also designs software known as OS X for all their devices that require the operating system. Apple has revolutionized the way people listened to music with the release of the Ipod in October 2001; ("Apple Press Info", 2014).Ipod product allows for up to 1,000 songs to be downloaded to a device small enough to fit in your pocket. In 2003 Apple Inc. launched a digital music store known as iTunes, where customers can buy, download, and store their music purchases. This ground-breaking invention boosted Apple Inc. to the top of the list as the number one music retailer ("Apple Press Info", 2014).

Apple Inc. transformed the mobile phone industry when they created and released the iPhone in June of 2007. Over the years Apple Inc. has continued to reinvent themselves and their products in order to remain competitive. Through innovation, creativity, and design; Apple Inc. has been execute a very successful strategy that address consumer need.

Southwest Airlines

Southwest Airlines is an airline that was started in 1971, by Rollin King and Herb Kelleher. The idea was to design an airline that operated on the principle of getting their passengers to their perspective destination on time and at lowest fare rate possible as well as make the experience an enjoyable one, and then passengers will frequently fly your airline (Southwest Airlines Co., 2014).

Over a number of years Southwest Airlines has strategically planned and implemented a variety

...

Download as:   txt (6.2 Kb)   pdf (93.7 Kb)   docx (12.2 Kb)  
Continue for 4 more pages »