The Importance Of Innovation Architecture Essay - 1481 Words

The Importance of Innovation Architecture The Merriam-Webster dictionary defines innovation as â€Å"a new idea, method, or device† or â€Å"the introduction of something new† (Merriam-Webster, 2016). â€Å"New† almost always means change, which is a word that often strikes fear into the hearts of those who simply like to keep things as they have always been. Companies who pursue innovation architecture must develop a culture of innovation that is deeply embedded in its DNA. Otherwise, ideas will perish from malnourishment. According to John Carter, of TCGen, the co-inventor of the Bose Noise Cancelling Headphones, â€Å"There is nothing more fragile, and at the same time more threatening as a radical new idea that does not fit into the current culture† (Carter, 2013). This paper will discuss three companies that have maintained a culture of innovation, some of the key elements that contribute to this and consider conditions that exist within organizations that stifle innovation. Innovation Successes According to John Carter, â€Å"The key to unlocking the door to innovation is to develop a culture of innovation. Without the right culture, no set of tools, methods, or people will be successful† (Carter, 2013). Three companies which are well-known for an effective culture of innovation are Microsoft, Autodesk, and Whirlpool. Each of these companies has built a culture of innovation by, among other things, creating an atmosphere in which innovation is celebrated, trained, and rewarded. InnovationShow MoreRelatedThe Importance Of Innovation Architecture1482 Words   |  6 PagesThe Importance of Innovation Architecture The importance of innovation architecture is to start with a vision and generate a company platform designed of new processes, create an open-culture and pursue a unique management system. All three of these components support and work well with innovation architecture. 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