The paper "Innovation Management - The Healthcare Industry and Innovation in the Industry" is a wonderful example of an assignment on management. The purpose of this report is to explore how an organization can improve its innovation potential. The report is based on an anonymized case study. For the purpose of the report, the case study is an organization known as Global Health Cambria. Global Health Cambria is a multi-national corporation in the healthcare sector. The company develops products and services that are used to support the development of innovation in human health.
Therefore, Global Health Cambria can be regarded as an important company with regard to innovations that are related to human health. Global Health Cambria undertakes both research and development (R& D) and manufacturing. Its customers include biotechnology and pharmaceutical companies, as well as industrial and consumer companies. Global Health Cambria has a workforce of approximately 350 people working in different business areas. The company can be regarded as a knowledge-intensive company since a lot of knowledge is required, especially in R& D. This is seen through the fact that the employees of the company include people with doctoral qualifications.
The workforce of the company also includes management and administration, for instance, human resource, and legal services. Going by these measures, Global Health Cambria is a well-established company both globally and nationally. The report’ s analysis will focus on identifying where and how Global Health Cambria can improve its innovative services. This will involve looking at areas in which there are gaps and areas of potential improvement within the company. Using results Bessant’ s Innovation Fitness Test model analysis that was conducted for the company, the report will identify areas where Global Health Cambria does not currently achieve the ideal or highest score for each dimension and suggest measures for improvement.
Based on the analysis of the scores, the report will address the following areas. First are the types of initiatives and activities that Global Health Cambria should consider so as to improve innovation in various dimensions, i.e. strategy, linkages, innovative organization, learning, and processes.
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