The paper “ Similarities and Differences between Innovation and Change” is an outstanding variant of literature review on management. Innovation refers to the creation, approval, and execution of new products, processes, services, or ideas. According to Hallencreutz & Turner, organizational change denotes altering a major feature of the operations of an organization. This essay will contrast and compare change and innovation. It will also include an identification of an event that has taken place on the university campus and explain whether it constitutes a change or innovation. The essay will be based on a review of management articles on change and innovation. Similarities between innovation and changeOne of the similarities between change and innovation is that both revolve around the introduction of new things in the organization.
Hallencreutz & Turner (2011, p. 60) maintain that organizational change involves a modification of key aspects of the business operations of an organization. Some of the key aspects of an organization relate to its products, services, workforce, production processes, and management. Accordingly, organizational change may take the form of hiring more qualified staff, having new managers, and beginning to offer after-sale services for certain products.
The concept of new things is also evident in Baregheh, Rowley, & Sambrook (2009, p. 1325) who relate innovation with new processes, products, ideas, or services. Wong, Tjosvold, & Liu (2009, p. 240) further argue that innovation is the effective application of products and processes that are new to a firm and intended to benefit it along with its stakeholders. It can thus be said that both innovation and change lead to either a launching of a totally new product, service, or process or modification of the existing ones. Another similarity is that both change and innovation are undertaken by organizations as a way of responding to business environmental changes.
Drawing from Baregheh, Rowley, & Sambrook (2009, p. 1323), there is a need for organizations to innovate in response to changes in customer lifestyles and demands. Organizations also should innovate in order to take advantage of business opportunities presented by technology as well as changing marketplaces, dynamics, and structures.
Baregheh, A, Rowley, J & Sambrook, S 2009, Towards a multidisciplinary definition of innovation, Management Decision, 47(8), pp.1323-1339.
Damanpour, F & Wischnevsky, J 2006, Research on innovation in organizations: Distinguishing innovation-generating from innovation-adopting organizations, Journal of Engineering and Technology Management, 23 (1), pp.269–291.
Hallencreutz, J & Turner, D 2011, Exploring organizational change best practice: are there any clear-cut models and definitions? International Journal of Quality and Service Sciences, 3 (1), pp.60-68.
Senior, B & Swailes, S 2009, Organizational Change, London, Prentice-Hall.
Wong, A, Tjosvold, D & Liu, C 2009, Innovation by Teams in Shanghai, China: Cooperative Goals for Group Confidence and Persistence, British Journal of Management, 20 (2), pp.238–251.