Innovation-Based Change Management

Abstract

The paper review introduction about the change management and innovation in general, then an overview of a selected definitions for innovation and change management from the point of view of some researchers. For the benefits of the readers the researcher prepared and tabulated these definitions into two tables, table (1) for change management definitions & table (2) for innovation definitions.Also there is a question arises that; is the innovation risky? Many researchers argued that yes it is risky but there is a large return on investment. Others say that "you can’t innovate and grow unless you’re willing to take risks".The paper also discussed the relationship between innovation and culture of the firm, Research has shown that a strong corporate culture can give a company a powerful advantage over its competitors; others say that; In order for innovative efforts to succeed, the firm’s culture should be supportive of innovation.Then the relationship between incentives and innovation where found that there are a strong relationship between them as some authors say that a company needs to provide staff with an incentive to innovate. With no reward, there is no good reason for employees to suggest or try new ideas. Table (3) shows some change kinds that lead to innovations.Finally, a list of the top 20 countries of the world for innovation, as ranked by the Global Innovation Index (by overall score) in table(4), then in table(5) a list of some Arab countries according to their  rank and their efficiency ratio out of 1.

Keywords: Change, Change Management, Innovation