Innovation Essay

3734 words - 15 pages

Futures and Innovation | April 1
Shivani Patel, BAMA 3.3 | Gemma McGrath |

Table of Contents
Technological Issues3
Current Environmental and Ethical Solution4
Design of Programme5
Innovative Solution6
Innovation Funnel7
Innovation Space7
Disruptive Theory8
Diffusion Theory9

Limitations to Future Success9
Appendices and Figures11

Futures and Innovation


Children are often made to aid their families and friends at all ages, however these small jobs are not harmful to the children and they are not exploited in any way to do this work, for example daily chores. This is ...view middle of the document...

’ (IPEC, 2011)

Globally the dominating child labouring areas are Africa and Asia, with roughly 113 million children engaged in child labour (Figure 1) (UNICEF. 2011). The challenge in fighting child labour globally, is that the main parts of the world that conduct the most child labour are the lesser developed parts of the world, where it is a survival necessity for the children to be put into this kind of employment.

Technological Issues

Technological change has a huge impact on Child Labouring issues globally, as advances in communications and technologies ‘underline the integration of financial markets and permit the division of production processes throughout the world’ ( ILOCARIB, 2011). Technological change can immensely help this programme, as through technology there is ‘great potential to aid poverty reduction’ (ILOCARIB, 2011) and in turn reduce the need for child labour.

If technology continues to advance medically and socially then ‘there is vast potential for the promotion of change, higher productivity, job creations and improved standards of living in developing nations’ (ILOCARIB, 2011) which all in turn pushes forward this innovative solution.

Globalisation can affect child labour in two ways:
Firstly, it can be argued that ‘globalisation may increase the employment and earnings opportunities available to poor households in developing countries.’ (Edmunds. 2002) Essentially it can create opportunity for developing countries to be able to self serve themselves gradually out of poverty.
Secondly it also can be detrimental to the increase in Child Labour; as although there are more employment opportunities, multinational organisations need increased amounts of cheap labour, therein where the problem lies. Globalisation encourages exploitation of children in lesser developed countries as they need the income for their families. If the jobs and opportunities are readily available, which they are through global organisations, families and governments encourage the children to work in order to provide for themselves and their families.

For the ILO, globalisation works in the same ways; by increasing child labour, it increases the amount of work needed to be done by the ILO and on the other hand it provides media channels and technological vastness to aid the IPEC and its missions.

Current Environmental and Ethical Solution
One of the largest current global programmes combating child labour is by the International Labour Organisation (ILO), and is called the International Programme on the Elimination of Child Labour (IPEC). This programme was founded in 1992 and focuses on the progressive elimination of child labour globally. ILO is working towards educating nations globally to cut down on their use of children in their economic and domestic labours. ‘IPEC currently has operations in 88 countries, with an annual expenditure on technical cooperation projects that reached over US$61 million in...

Other Papers Like Innovation

Innovation Essay

1171 words - 5 pages Innovation: Innovation refers to changing or making more successful procedures, items and thoughts, and can improve the probability of a business succeeding (, n. d). Organizations that advance make more effective work forms and have better efficiency and execution. For business, this could mean actualizing new thoughts, making dynamic products or enhancing your current services. Innovation can be a catalyst for the development

Innovation Essay

1066 words - 5 pages MIB 36 Managing Technology and Innovation Incremental and Radical Innovation Assignment 16/11/2014 Felipe Santos Hui Zhu Roberto Sanroman Incremental Innovation The original Xbox, introduced in 2001, is a computer with both hardware and software that allow it to run video game software. Essentially, it was Microsoft’s first video game console that was mainly competing with Sony’s Playstation 2, Sega’s Dreamcast and Nintendo’s


1424 words - 6 pages Assignment 2 (Innovation Fundamentals) “ If you want peace, prepare for war” The purpose of this report is to spread the message across all ranks to gear up for the future.Yes , we currently enjoy a good position in the market. Yes, we have a group of customers who still choose to buy our products. Yes , our company has had a steady growth in the last couple of years. But what have we really conquered? Will I be able to say the same thing about

Innovation - 1378 words

1378 words - 6 pages Introduction The organization that was chosen for this project was Proctor and Gamble. This paper will touch on the global outlooks and strategies in which the CEO A.G. Lafley used. Lafley used these processes in conjunction with the five skills of discovery to promote growth within the company and to increase sales. This paper will discuss the different models that could be used to encourage innovation within Proctor and Gamble that will help

Innovation - 836 words

836 words - 4 pages in their market However, by doing so, companies unwittingly open the door to “disruptive innovations” at the bottom of the market. An innovation that is disruptive allows a whole new population of consumers at the bottom of a market access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill. Disruptive innovation is often associated with entrepreneurs working at the fringes of a

Innovation - 1365 words

1365 words - 6 pages INNOVATION Downy is a brand name of fabric softener produced by Procter & Gamble and sold in the United States. It entered the U.S.test market in August 1960 and went nationwide in December 1961. It was also sold in Philippines, Malaysia, Indonesia, Singapore, Thailand, Vietnam, Egypt and Latin America. Lenor is a brand name of fabric softener and dryer sheets, also produced by Procter & Gamble, sold in Europe, Russia, China and Japan

Innovation - 2201 words

2201 words - 9 pages value for employees. In order to create this greater value, companies and employees have to innovate! Innovation results in: New product ideas Greater efficiencies Reduced need for working capital Higher profits Improved customer service Increased shareholder value, and on and on. Companies can accelerate their innovative capacity by fostering creativity and risk taking in their employees and creating an organisational culture that allows for it

Innovation - 814 words

814 words - 4 pages . Interactive communication does not come cheap, but it is the result of innovation based on available technology in communication. Additionally, upon registering for the website, the user receives an automatic pop-up prompting them to carry out actions on the website. This introductory pop-up is then securing the already welcoming website by inviting customers to come back for more. Economist As for the Economist’s Web site, on visiting the

Innovation Leadership

843 words - 4 pages Running head: INNOVATION LEADERSHIP Innovation Leadership Russell L. Dykes Bellevue University Abstract Innovation leadership is all about facilitating and empowering others in order to help their creativity thrive. In order to be a leader of innovation, the manager must facilitate the innovation of others by providing the space, equipment, networks, partnerships, and environment that allows their creativity to

Innovation Definition

657 words - 3 pages Leah Raby – Facilitator University of Phoenix OI 461 September 2008 Innovation, Design and Creativity For the initial paper of the course the concepts of innovation, design and creativity will be compared and contrasted as noted in the course syllabus. Each term will be defined based on the definitions as suggested in our course required readings for week one and the business implications of each term shall be presented for

Marketing Innovation

1977 words - 8 pages innovation in today’s marketing world. It will show you how marketers think about, foster, and deploy innovation in their organizations and are making the shift from mass marketing to the new era of engagement marketing. “Times have already changed; customer engagement is the new battle ground on which we will be measured.” — REW NICHOLSON, CEO, D OGILVYONE DNX 01 Key Take-Aways As part of Marketo’s 2014 Marketing Nation Roadshow

Related Essays

Innovation Essay 727 Words

727 words - 3 pages Importance of Innovation has been discussed for decades and continues to be the most talked about management issue these days. Today, knowledge in all its forms plays a crucial role in economic processes. Organizations with more knowledge systematically outperform those with less. Within the knowledge-based economy, innovation is seen to play a central role. It was believed that an enterprise can maintain competitive advantage through quality

Innovation Essay 633 Words

633 words - 3 pages MGT 550B MANAGING THE INNOVATION PROCESS Course Introduction Managing the Innovation Process Panos Kouvelis Emerson Distinguished Professor of Operations & Manufacturing Management INSTRUCTOR BACKGROUND INFORMATION Managing the Innovation Process Panos Kouvelis Emerson Distinguished Professor of Operations & Manufacturing Management PANOS KOUVELIS Emerson Distinguished Professor of Operations and Manufacturing Management

Innovation Essay 751 Words

751 words - 4 pages 2.0 “Organisations must innovate to survive and thrive…?” Innovation is a process of finding novel solutions to important problems (Satell, 2013). Innovation is an important topic because it is one of the major ways to differentiate your product with others competitors. Innovation happens to make the product noticeable in the market. I agree with the statement “Organisations must innovate to survive and thrive”. Any companies who has a lot of

Innovation Essay 1677 Words

1677 words - 7 pages ------------------------------------------------- Innovation at proctor and gamble Pritesh Tarte- 11906296 ------------------------------------------------- Innovation at proctor and gamble Pritesh Tarte- 11906296 Assignment 1 Assignment 1 I INDEX 1.Introduction to Proctor & Gamble ……………………..…….……………….3 2. Innovation at Proctor & Gamble……………………………………………...4 3. Connect & Develop Program & Open