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Innovation Management: how companies can build and sustain a culture of innovation.

Kahura, Miriam (2023)

 
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Kahura, Miriam
2023
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023120734989
Tiivistelmä
The purpose of this thesis is to investigate how companies can build and sustain a culture of innovation with the aim to identify impacts and possible improvements, this study also examines the best techniques for fostering a culture in which new ideas are fostered and implemented throughout a business. Goal setting, relationship-building, fostering creativity, and implementing efficient processes will all be addressed.
This study's methodology included performing a case study at organization X using qualitative research methods. To develop insights, the inquiry used a theoretical framework and comprised both a literature review and a survey. The primary goal of this type of survey research was to swiftly acquire information defining the characteristics of a large sample of individuals of interest. Large census surveys that collect information on demographic and personal qualities, as well as consumer feedback surveys, are good examples.
In terms of findings, it was discovered that firms face a variety of obstacles when it comes to managing innovation initiatives. The study emphasized the importance of knowledge management in capturing organizational development improvements. Despite the implementation of several procedures in the innovation process, a significant issue highlighted was a lack of appropriate authority, which had an impact on the process's quality.
The purpose was also to give suggestions on how organizations may improve their innovation management efforts. This thesis attempted to provide answers to two research topics to help guide the organization. The research questions are, how companies can build a culture of innovation and secondly how companies can sustain a culture of innovation.
The Conclusion of the thesis underlined the significance of strong support from senior management and an increase in power in existing innovation management systems within organization X to promote an innovative culture.
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