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Managing Innovation and Change

, “Apply the processes and techniques which contribute to innovative thinking for themselves and for their employees”. The requirement as follows: Storyline: The major disruption of COVID-19 pandemic hits the global economy in a massively accelerated timeframe. Suddenly we are looking glass: the horizons are turned around, and a world envisioned only by futurists is playing out in real-time on data terminals, social network feeds, and television screens. Almost overnight, fashion houses scramble to convert production lines to make surgical masks, automotive​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ companies to produce ventilators, and brewers and perfume house to make hand sanitizer. Now the world that used to be the first one: the one where people can leave their houses to go to cafes and movie theatres, go shopping and purchase non-essential goods, and travel domestically and internationally more or less freely will face new-normal activities. Discussion: In position paper 1, various effort had been implemented by the UAE government to flatten the spread of COVID-19 virus, and it showed a positive impact. propose an innovative mechanism/techniques/strategy or new framework [your own innovative and creative idea] that can be invented during and post-COVI​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​D-19.

Sample Solution

which leads to pollution, diseases and congestion. Development is concerned with sustainability, ie, it meets the needs of the present without compromising future needs. These environmental affects have increased pressure on the Governements in general and have a become a massive problem for them due to global warming. The New York Times in 2007 published an article named , ” As China Roars, Pollution Reaches Deadly Extremes” in which is stated the pollution crisis in China . http://www.nytimes.com/2007/08/26/world/asia/26china.html . Economic Growth also does not also take the size of the informal economy into account. This informal economy also known as the black economy is an unrecorded economic activity.Development lessens people from low standards of living into proper employment with suitable shelter. Economic growth is essential but is not a sufficient condition of economic development Economic development refers to social and technological progress. It shows change in the way goods and services are produced but on the other hand economic growth only indicates an increase in significant output, it may or may not involve development. Local and provincial governments in China were allowed to establish andoperate various enterprises on market principles, without interference from the central government. In addition, foreign direct investment (FDI) in China brought with it new technology and processes that boosted efficiency.Economic development involves improvements in a variety of indicators such as literacy rates, life expectancy, and poverty rates but econommic growth does not take into account other aspects such as leisure time, environmental quality, freedom, or social justice.A country’s economic development is linked to its human development, which is surrounded among other things such as health and education. According to the World Bank, for a better economic development, India needs to give due priorities in various issues like infrastructure, public sector reform, agricultural and rural development, reforms in underdeveloped states, removal of labor regulations and HIV/AIDS.
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