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Annotated Bibliography

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MD3Assgn1CribbsK
Kelvin Cribbs
Walden University
DDBA 8006 Contemporary Challenges in Business

October 1, 2014

MD3Assgn1CribbsK
Hagel, J. (2013). Finance’s Role in Fostering Innovation. Journal of Accountancy, 216(2), 22–23.

Jack Hagel postulated that success in business fosters innovation. The motivating CEO sets and in our office culture that branches throughout the whole business. This article looks at the correlation between innovation and risk and how it must be balance. This article also shows how success comes from three factors:
A. risk appetite
B. balancing risk and innovation
C. intangibles

McCreery, J. (2008). Six Sigma and Innovation. ASQ Six Sigma Forum Magazine, 7(4), 40–42.

John McCreery associate professor at North Carolina State University opens with the argument that six Sigma and innovation are at either in of a Teeter totter. John goes on to explain that either side promotes different aspects of six Sigma. The article talks about how financial objectives and outcomes are known from beginning and the application of the six Sigma methodology directs a path to get there. With different classifications of six Sigma in the innovation of finance Dr. John McCreery breaks into three distinguish Classifications:
A. product and service development
B. research and development
C. over all financial management

Frigo, M. L., & Litman, J. (2001). What is strategic management? Strategic Finance, 83(6), 8–9+.

Mark Erigo professor of leadership in the Kellstadt graduate school of business examine strategic management as it relates to finance and management in general. Dr. Erigo looks at the business strategy of “great companies” and worst-case management complaint. Dr. Erigo examines how and when execution of management strategies take place within the (BPR). This article also looks at the long-term aspects of the business and how

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