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Business & Marketing
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Essay
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English (U.S.)
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Topic:

MGT 499 Thread 4: Strategy Implementation and Evaluation

Essay Instructions:

MGT 499
Strategy implementation and evaluation are important aspects of the strategic management process. Consider an industry rooted in innovation (such as the cell phone industry) and the top competing companies that use an innovation leadership strategy. How do you suppose such companies (like Apple and Samsung) manage the implementation of continuous innovation? Discuss implementation barriers that companies considered to be leaders of innovation face (or have faced). Provide some evidence to support your arguments.

Essay Sample Content Preview:

Management 499 Thread 4
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Management 499 Thread 4
Apple and Samsung are the leading competitors in the cell phone industry that continue to give the world new innovations every time. Although they use different strategies in their business models and are close competitors, they always excel in what they do. They have managed to give the world new innovations such as iPhone 5S and C, and Samsung Galaxy Gear. Despite the barriers to innovation that they face, they have found a number of techniques that give them a way around.
Both companies have managed to implement new innovations in the market because of the way they conduct their business despite the barriers that are there. They excel because they have focused on transforming their business from single products to multiple services that are based on platforms and different ecosystems. They merge with other companies from different industries to give the world new products such as the Nike-Apple shoe wear. Apple and Samsung have known to ...
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