MBA 580 Milestone Two Paper

Description

After assessing various innovation options, analyzing market competition, and evaluating our capabilities, I confidently presented a well-informed recommendation to our stakeholders. The recommendation involves two paths: Option A, which leverages disruptive technology with a new electric vehicle with self-driving capabilities, and Option B, a more conservative approach focused on incremental innovation. I strongly advocate for Option A to keep pace with our dominating competitors in this disruptive market.  With the CTO’s acceptance of this recommendation, our next step is to develop a comprehensive strategy to successfully launch this innovative product. This includes evaluating our competitors’ strengths, benchmarking our performance, assessing market size and growth, and creating contingency plans for uncertain business conditions. We must remain adaptable and forward-thinking, considering various scenarios and adjusting our plans to respond effectively to unforeseen circumstances.  With our business landscape being in constant flux and transformation, our success will depend on our ability to anticipate and adapt by bringing cutting-edge innovation to the market.