Innovation and change are close and can be considered as partners because some concepts that attribute to innovation attribute to change as well. Innovation, together with organizational change, alters the current situation by introducing new concepts and resources. Both change and innovation refer to an alteration in the current situation. Change generates alteration in organizations wile innovation enhances quality results. The initial step in enhancing innovation in an organization is by changing the goals of employees, management roles and employee compensation initiatives.
Managing change and innovations becomes more complex as technological advancement is on the rise. This means that all kind of organizational innovation must be accompanied by change. It requires some level of knowledge which is enhanced through learning. Managing both change ad innovation requires for individuals to invest in learning in order to enhance continuous sustainability of the organization. Change management requires a transition in the manner in which an organization runs its business while innovation, manages the transition of products and services of an organization. This is achieved through the development of new ideas, products and services that are better than the current ones. Change mostly concerns itself with what is already familiar to the organization and it entails applying the already existing knowledge.
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Innovation can be complex. It usually involves large-scale and highly complex organizational change (Alsher, 2017). For an organization to become innovative, it must change from its current situation into a new situation. However, not all kinds of change must involve innovation. Innovation is the reason behind most company’s’ success but such organizations still face challenges in innovation implementation. For such organizations to thrive in innovation, they have to provide the required skills to employees, implement innovation in cost-effective manner, manage all aspects of implementations and provide the required resources for implementation of new innovation. This means that for an organization to implement innovation, it must undergo certain forms of change.
References
Alsher, P. (2017, April 6). Innovation and change management: The people side of implementing a great strategy. IMA. Retrieved from https://www.imaworldwide.com/blog/innovation-and-change-management-the-people-side-of-implementing-a-great-strategy
