Business Finance Homework Help

Relationship BW Innovative Process & Assisting Organization to Succeed Discussion

 

Choose a company that is nearing closure and recommend a plan that will help them remain viable. Please follow these steps.
1. Name the company and identify the industry.
2. Provide some background about the company.
3. What are the major issues?
4. What innovative strategy do you recommend to keep the company viable?  Why should leaders believe your innovative strategy will work?
5. Discuss the relationship between the innovative process and assisting the organization to gain a competitive advantage.

Innovation Defined

Conduct a google search for companies that have either closed or are in distress. Write a 2.5 page assessment of the company to the CEO and Board of Directors. The goal of the paper is to write an argumentative essay (Links to an external site.) convincing the leaders to keep the company open.

  1. Name the company and identify the industry.
  2. Provide some background about the company.
  3. What are the major issues?
  4. What innovative strategy do you recommend to keep the company viable?  Why should leaders believe your innovative strategy will work?
  5. Discuss the relationship between the innovative process and assisting the organization to gain a competitive advantage.

This attachment is a list of companies having financial difficulties or have filed for bankruptcy in 2020-2021.  This list may be of assistance in selecting your company for this assignment. Companies in or Facing Bankruptcy 082221.