Part 1: Organizational Structure
- Research the following organizational structures: Functional, Divisional, Matrix, Lattice, Team-Based, and Network.
- Select an organizational structure that will lead to innovation for the failed company – Blockbuster Video
- Using the chosen structure, create a graphical representation of the organizational structure to support innovation.
Part 2: Innovation Summary
In addition to the organizational structure for innovation, write a 500-word paper summarizing the following:
- 1.What type of internal organizational structure is currently implemented within the organization? How did this structure impede innovation?
- 2.What alternative internal organizational structure would you choose to implement within the organization? Why is this the better option to promote innovation within the organization?
- 3.What external factors (positive or negative) could influence the organization’s ability to innovate? How could you mitigate or promote these factors?
- 4.How can you creatively improve your organization? In what ways can innovation be used to encourage the tenets of conscious capitalism and promote synergy?
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