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The critical nature of the current day organizations underlies under highly growing and competitive community, which is transforming and accepting the changes from innovation. The key issues are to have a competitive strategy which will manage current innovation and creativity within the entire organization operations. However, the present organizations in the modern world want to be very competitive in there services and the market. Innovation and creativity is an emerging issue in most industries (Hosking and Anderson, 2018). Therefore, the organization is required to have a well-managed strategies. For an Organization to perform well in the industry its necessary for it to have a competitive mechanism which will sustain the current innovation and creativity, which will facilitate the growth and success of the company. For any organization to promote practical innovation, it’s required to study and manage them accordingly. Three approaches of innovation are essential since they will determine factors which will result in the growth and organization, and the future performance according to the set strategies. An organization achieves all this through employing an effective management control of the experts in planning and controlling the current innovations.
The application of the innovation and creativity skills, and how it will control within an organization depends very much on the organization success. Local motors is a small company in Australia, which will be analyzed according to the knowledge of the managing innovation activities within the organization. Local Motors is a manufacturing organization which is "ground mobile company" focusing on shaping the future and having better customer services within the country. The company was established in 2007 under the terms of co-creation and collaboration of low volume and open-source vehicle. The vehicles from this company are well designed using numerous micro-factories. The strategies which the company is involved in are the strategies of achieving managing the current innovation together with the organization vision. The vision of Local Motors Company is, “At Local Motor, our goal is to drive the future, not just what drives you in the future. And it’s our strong belief that the how is just as important as the what. But what matters most to us is the who.” The innovation in Local Motors Company is managed effectively since all process is active in such a way that it will achieve organization’s vision quickly. All process in the company despite being busy, they produce brands with the relationship between customers and the organization. Any occurrence of the brand problem is solved simultaneously with the team of customers, designers, and engineers, thus resulting in product development through the use of current technology and innovation (Kay and Willman, 2018). The surrounding community, which is served by the company, is proud since all customers receive a brilliant idea which benefits all members globally. Local Motors to manage its resource more effective means, the company has collaborated with other companies in the industry like Autonomous mobility, robotic research, Hinduja Tech, and Airbus, among others.
For a small business like Local Motors Company is required to have reliable and effective strategies in place to sustain the competitive market trends available. These strategies will help to set a clear direction and where the business is ending and what is required to be achieved in the future. Well planned and designed strategies will help the organization management to work in cooperation in a motivated way to accomplish the following factors which the company is after performing them (Singh, 2018). These factors are Human-centric innovation, Just-In-Time solution, and, finally, the Success at Scale. After achieving all this, it will be a clear indication that the organization strategies are sufficient for the business to attain its future set goal in the vision statement. To understand more of the organization strategies (Local Motors Company), an individual is required to study the organization's product, value proposition, market targeted, and the factors influencing the environment in which the organization is operating. Through having adequate knowledge of the factors mentioned above, it will facilitate effective strategies and sound control in the innovation management within the organization. Product/service traits, the available targeted market, proposition value, and environmental factors will be discussed below to show how the Company will have reliable and competitive edges through exploiting the current innovation in the market. This is very important to be addressed since it will identify the organization strength and weakness in achieving its strategies in the market.
Product/Service. Product or service of the organization is termed as the main operation which is performed to meet the demand of the available targeted customers in the market. Without the organization product or service in the market, it means no existence of the organization in the market world (Liu and Atuahene-Gima, 2018). The main company's product is motors related product like vehicles and their similar services to maintain them. Vehicles are the main product of the company which is developed with high quality technology, including its design. Cars from this company are very well and critically catered to produce high performing co-creation car than the commercial model, which is common in the market. This means that the company's product is very quality and meets current customer’s need since the organization utilizes well the ongoing innovation.
Target Market. The product of the organization, when produced, is required to be supplied in the market and not kept in the store. The organization is necessary to identify the market which the product will be provided to. Without the market, the product will have no benefit to the organization. Target market is required to be identified wisely by the management of the organization, thus enjoying the product supply (Tian, Wang and Zhang, 2018). Local motors are needed to identify a viable market considering the age, location, economy, and other factors like market segmentation.
Value proposition. This is defined as the value which the organization is planning to deliver to satisfy the customer need. This is the way of customer delivering organization brand to the market (Sakyi-Gyinae and Holmlund, 2018). Local motors are performing a lot to provide quality brands to the market, which are equivalent to the current innovation. Local motors are used to communicate their success value proposition through the company website. The product of, which is autonomous shuttle have been a challenge to many transport and manufacturing sector in the country. This has increased the value of the product compared to the competitors in the market.
Competitive market. Vehicle manufacturing in Australia is many, thus producing competition challenge in the market. For Local Motors to operate successfully in the market, the company is required to utilize the current innovation and have active competitive strategies concerning their products. The company is facing competition through manufacturing innovative vehicles like the self-driving vehicle (See appendix 1). This is recognized as the self-cognitive vehicle in the world. This is a clear indication that the company is very competitive in the market since no other company produced a product like this in the manufacturing industry (Viswanadham, 2018).
The company is very innovative in the market. The existence of new technology in the world has motivated the increase of innovation in the marketplace of different industries (Hinings, Gegenhuber and Greenwood, 2018). For the company to keep growing and competitive in the current market is required to adhere to and accept the new change of technology in the industry. The research and development department in the company is necessary to have experts who are working to achieve the innovation strategies of the business. Local Motors Company is composed of a well-established department which is fully utilizing the innovation. The following are the new release in the market from the organization, thus showing how innovative the company is in the market.
The company is embracing the company by working closely with the current innovation. Manufacturing of self-driving car, which is 3D has been launched recently in the market with a "drone launch pad." The market has appreciated this product by saying is well designed by engineers who are highly innovative in the field of vehicle manufacturing. Another product which has shown that the organization is very creative in the market is "Local Motors unveils Olli", this is termed as the world class and first vehicle, which is self-driving. The car is entirely controlled using the computer installed mechanism. This is the improved model compared to the first one of 3D in the industry. "Olli" vehicle is developed using the most progressive technology in cars like the use of IBM (Conlon and Perkins, 2018) (See appendix 2). This factor has improved the customer satisfaction level in enjoying the organization product since the features of the vehicle are allowing the natural contact between the car and passenger. After developing this product and improving its services to the customers, Local Motors Company is aiming progressively to empower all their products with the innovation of technology. Both products and innovative services have improved the competitive advantage of the company in the market. No other manufacturing company in the industry is having a strong reputation for the product and service in the market like Local Motors, meaning that the company is well equipped and is much competition in the market.
Social innovation is significant also since it will improve the organization interact with the employees and customer in the market. Social change is essential in the market since it is used to play a part in fulfilling social responsibility in the market (Biggeri, et al., 2018). Local Motors Company is improving in many ways the way it has been interacting with the customers in the market is not like before. The company has conserved the surrounding environment by manufacturing products which are less pollutant to the environment.
Also, the company has developed a new Siemens PLM application software. This kind of innovation has improved the partnership of solid edge and design of the crowdsourcing approach in the company. This innovation is accomplished through collaboration with the American manufacturing car company. This partnership will improve the innovation idea through having crowdsourcing notion, which will involve the community input of 13,000 customers within the vehicle design. The company is ready to work with an individual who will cooperate in generating powerful software like Computer-aided design to achieve the goal of creativity in the community. This effort will be supported by the "Siemens PLM software," which is flexible and capable enough to accommodate the new design of the current innovation in the organization locally and in the globe (Anbinder, 2018). This becomes a demanding design for the whole community in the market is willing to see it.
As one of the most important strategies of the Local Motors Company is to have quality products in the market through well organization and utilization of current, therefore it’s required to manage it effectively. The following are some of the methodologies the organization is using to maintain, update, and implement the current innovation within the organization. The success of Local Motors Company is brought in by superb management and implantation of change. The organization managed this through the following techniques.
The organization has been giving his workers the freedom to think outside the box. This encourages employees to act as an expert since there is a room of expansion in thinking and coming up with a new idea. The innovation of the organization products relies on the creativity of the employees. The company retains the creative employees whose performance is high and therefore, ending up to implement current innovation successfully.
Another means which has provided success in the management of innovation is the availability of the resources. Local Motors Company has been using powerful machines and requires software like Computer-aided program to develop their products (See appendix 3). Resources like these help the organization to transform the idea into reality, therefore, ending to utilize the open innovation to the successful implementation (Kawai, Strange and Zucchella, 2018). Availability of required resources will make it easy to manage and implement the change.
Local motors Company has involved the community as the customers to contribute to the implementation of the innovation. Customers will contribute to the point which will improve their satisfaction by coming up with a new comfortable vehicle which is designed using the latest innovation. This means that the company is not only depending on the research and developing department but involves their primary customers helping to manage the innovation. All this brings success in the implementation of the innovation since all parties are fully engaged.
For the organization to be successful in the innovation it is required to be involving and acknowledging employees' effort. Local motors are indicated that they always reward their employees accordingly, thus improving their motivation in the place of work. The combination of the motivated employees and the management brings smooth implementation of the ideas to the reality thus bringing success in the organization (Müller, Kiel and Voigt, 2018). This cooperation has contributed to the success of innovation in the organization, thus implementing it well to the market.
According to the online observation, it is observed that Local Motors Company is progressing well due to the utilization of its strength, which is working against the weakness in the market. The online platform of the company is beautiful and well organized in such a way that is easy to be used by anybody. The platform markets its innovation in the simple idea of revealing the characteristics of the original product and what is expected in the future. The Local Motors Company uses this as the strength of the platform through online observation. This motivates the organization to implement the innovation with courage. Also, the flatforms has some weaknesses to the organization. Through online research, other companies are performing piracy of Local Motors innovations. Another weakness is that the organization is not giving the full details as it can be used while having personal interaction rather than online observation. This limits some innovation to be successfully implemented with the organization. Local Motors has been one of the manufacturing company in Australia, which has managed well the implementation of the current change through the use of technology.
Anbinder, J., 2018. Selling the World: Public Relations and the Global Expansion of General Motors, 1922–1940. Business History Review, 92(3), pp.483-507.
Biggeri, M., Testi, E., Bellucci, M., During, R. and Persson, H.T.R. eds., 2018. Social Entrepreneurship and Social Innovation: Ecosystems for Inclusion in Europe, pp.13-17.
Conlon, R. and Perkins, J., 2018. Wheels and deals: The automotive industry in twentieth-century Australia, pp.300-311.
Hinings, B., Gegenhuber, T. and Greenwood, R., 2018. Digital innovation and transformation: An institutional perspective. Information and Organization, 28(1), pp.52-61.
Hosking, D.M. and Anderson, N., 2018. Organizational change and innovation: Psychological perspectives and practices in Europe, pp.48-57.
Kawai, N., Strange, R. and Zucchella, A., 2018. Stakeholder pressures, EMS implementation, and green innovation in MNC overseas subsidiaries. International Business Review, 27(5), pp.933-946.
Kay, J. and Willman, P., 2018. Managing technological innovation: Architecture, trust and organizational relationships in the firm. In New Technologies and the Firm (pp. 19-35). Routledge.
Liu, W. and Atuahene-Gima, K., 2018. Enhancing product innovation performance in a dysfunctional competitive environment: The roles of competitive strategies and market-based assets. Industrial Marketing Management, 73, pp.7-20.
Müller, J.M., Kiel, D. and Voigt, K.I., 2018. What drives the implementation of industry 4.0? The role of opportunities and challenges in the context of sustainability. Sustainability, 10(1), p.247.
Sakyi-Gyinae, K. and Holmlund, M., 2018. What do business customers value? An empirical study of value propositions in a servitization context. Technology Innovation Management Review, 8(5).
Singh, S.K., 2018. Managing organizational change in emerging markets. Journal of Organizational Change Management, 31(1), pp.2-3.
Tian, Z.P., Wang, J.Q. and Zhang, H.Y., 2018. Hybrid single-valued neutrosophic MCGDM with QFD for market segment evaluation and selection. Journal of Intelligent & Fuzzy Systems, 34(1), pp.177-187.
Viswanadham, N., 2018. Performance analysis and design of competitive business models. International Journal of Production Research, 56(1-2), pp.983-999.
Ans.: A 10-page essay paper will have you writing around 5000 words. Delivering significant content that ticks all the right boxes will take time and proper planning. In addition, the structure of a 10-page essay will be a bit different; the information presented has to be more detailed, and the narration, development, arguments, transitions, & overall cohesion need to be on the spot.
Here’s a typical roadmap for developing a 10-page essay.
Get your research was done early: A 10-page or a 5000-word essay will take time to write. Therefore, it's best to scope out the best possible information sources and collate necessary information. Also, ensure the original resources are readily accessible, as you may need to refer to them while writing.
Chalk out a proper writing plan: Effective planning will help you craft an excellent essay within the deadline. The plan should be comprehensive and include the essay outline, a list of necessary reference materials, your notes, and the writing routine.
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A 5000-word essay may have multiple drafts as you must write and edit the entire thing simultaneously. Follow the routine that you have set and make the most of the time at hand.
Write Down A Well-Rounded Thesis Statement: The thesis statement must be a short answer to the essay question and showcase your ideas & opinion about the topic & essay at large. Think hard and think deeply about your writing slant, intent, and the overall nature of your content, & then come up with a striking thesis statement
Develop Pitch-Perfect Content As Per Requirements: The outline is the backbone of your essay, and the thesis statement is your guide. Use them to add pertinent information, deliver persuasive arguments with supporting evidence, and thread everything together with an engaging & cohesive narrative.
Write & Edit: Writing and editing run parallel, so make sure you plan your writing process accordingly. Refer to your sources for optimal accuracy and revise periodically for complete flawlessness.
Proofread & Submit: The final draft needs to be pitch-perfect so proofread it thoroughly. Then, ask others to go through your content if need be and when all's said & done, submit the finished essay.
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Q.2. How Many Words Is A 10-Page Essay?
Ans.: If written with single-spacing, a 10-page essay will be approximately 5000 words.
Q.3. How Many Words Is A 10 Page Essay Double Spaced
Ans.: According to professional essay writers, a 10-page essay using double spacing will be approximately 2500 words.
Q.4. How Many Paragraphs In A 10-Page Essay?
Ans.: A 10-page essay will have approximately 22 to 23 paragraphs altogether.
Q.5. How To Structure 10 Page Essay?
Ans.: Go through any 10-page essay example, and you will find that they generally have 2 paragraphs for the introduction that ends with a thesis statement, around 18 well-written paragraphs grouped in 3 well-knit sections, each transitioning seamlessly from one to another, and finally a convincing conclusion of 2 closing paragraphs.
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