Innovation is key to effective and successful management. Organizational innovation the successful implementation of creative ideas in organizations.
We can only guess what changes technological innovations will bring in the next 20 years. Will we carry computers in our pockets? Today’s smart-phones are a step in that direction. Will solar power and wind power get cheap and efficient enough so that your home can have a standalone power source off the main electrical grid? Will fully automated, self-driving cars chauffeur you (working in the back seat on a computing tablet via high-speed Internet) to work? Who knows? The only thing we do know about the next 20 years is that innovation will continue to change our lives.
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