KFC Experimentation and Evaluation in Organization Paper Discuss how such experimentation and evaluation could be implemented in the organisation In this module, Dr. Budden and Professor Murray distinguished innovation-driven
enterprises (IDEs) from small- and medium-sized enterprises (SMEs). You explored
innovation loops, their use by entrepreneurs, and how they help to reduce uncertainty and
risk over the lifetime of an innovation project. Finally, Dr. Budden and Professor Murray
explored how large corporates can integrate these innovation loops into their organizations
to make their innovation processes more effective and more easily aligned to ecosystem
Taking what you have learned in this module into consideration, assess how
experimentation and evaluation occurs in an organization of your choice. Briefly describe
the current processes that are followed and some of the challenges that the organization
experiences as a result.
If it is not yet part of your organization’s business model, discuss how such experimentation
and evaluation could be implemented in the organization. Include some of the possible
challenges that could arise during the implementation.
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