Essay --

Introduction The previous chapter explained the method of data collection and alluded to the issues pertaining to the actual process of data collection. Once the data was collected from the respondents and coded, descriptive statistics and cross tabulations were performed on the data. The statistical analyses conducted illustrated the extent to which management’s inability to innovate causes corporate failure. The results of the statistical analyses from questionnaires are presented in this chapter. The implications of the findings are discussed in light of the literature reviewed in chapter two. Participants Questionnaires were sent to 120 people across several industries, educational level, race and gender. 98 approximately 82% of the 120 questionnaires sent out were answered and returned. Questionnaires Sent Out Answered Ignored 120 98 22 Gender Question one required respondents to state their gender. 97 questionnaires filled this answer except one. 64 of the respondents were male and 34 female. Gender Distribution Male Female 64 34 Racial distribution Question two was for respondents to state their race. This question was optional but fortunately, all participants filled it. 32 were Blacks, 43 Whites and 23 Asians. Every race had good representation. It was not a coincidence; it happened the way the questionnaires where distributed. Racial distribution Blacks Whites Asians 32.65% 43.88% 23.47% Educational Level Educational level was broken down in several categories, Primary School, Secondary School, High School, Undergraduate, Post graduate, Doctorate or PhD, Professional Qualification and Not Applicable so as to cover every group of persons. Responds where as follows: Educational Qualification Distribution ... ...of the respondents strongly agreed there is a strong positive relationship, 55% agreed, 4% disagreed, 7% strongly disagreed and no one was indifferent. Relationship between Management, Innovation, Customers and Business failure Strongly Agree 32 Agree 55 Neutral 0 Disagree 4 Strongly disagree 7 Conclusion This chapter focused on the actual findings of the study and presented the extent to which innovation can affect an organisation. The statistical nature of the findings was essential to give a clear view on how management’s inability to innovate can cause business failure. There is sufficient evidence to believe that the respondents of this study were engaged in best practice and any information in regards to their identity or personal issues were kept confidential. Based on the finding of this study, the recommendations will be presented in the next chapter.