Define and apply key concepts of innovation

Assignment Help Project Management

Reference no: EM132481491 , Length: word count:1500

Business Model Deconstruction

LO1: Define and apply key concepts of innovation in commercial, digital, service, and social contexts

LO2: Demonstrate an understanding of and apply the stages of the innovation process, including learn how to forecast the success and market diffusion of your innovation using business model design logic

LO3: Identify and discuss the technical, financial and organisational constraints to innovation in markets that occur in real-life through the use of teamwork and brainstorming.

Task Description:

To be completed individually, you are required to prepare a business report that deconstructs an organisation's business model and identifies the critical success factors that make the business sustainable. Your analysis will demonstrate your critical thinking skills and your ability to professionally articulate your findings.

Before commencing, you must seek your lecturer's approval to undertake an analysis of the business you have chosen. The type of organisation that should be identified for study is one that is relatively new, innovative in how they operate, and have most likely been established in the last five years.

To achieve a result that meets your study objectives, please ensure the business report addresses each of the assessment criteria detailed below and which is elaborated in the marking rubric.

Length: 1500-words

Format: Business Report

Business Model Canvas format: From Osterwalder &Pigneur (2010)

Reference Format: American Psychological Association (APA)

Assessment Criteria:

a. Provide a succinct description of the business, the industry in which it operates, the market or markets it serves, and the products and services it provides

b. Deconstruct the business model of the selected business using the nine building blocks in Osterwalder & Pigneur's canvas

c. Explain the key interrelationships that exist across the nine building blocks

d. Identify and discuss the critical success factors the business has to get right to achieve sustainable success

e. Evaluate what factors might impact the success of the business model

f. Discuss the changes you would make to the business model if this was your business

g. Quality of written submission, minimum 6 peer-reviewed journals, and APA referencing format.

Attachment:- Business Model Deconstruction.rar

Reference no: EM132481491

Questions Cloud

Why is it important to include effective environmental : Why is it important to include effective Environmental, Safety, and Occupational Health (ESOH) compliance requirement language in contractual documents?

Firm net profit after taxes for common stockholder : What was the firm's net profit after taxes for common stockholder?

How did the failure of the auditors to follow them violate : How did the failure of the auditors to follow them violate Deloitte's ethical standards as evidenced by the deficiencies in the work of Dearlove

Present value of each cash flow of the end of the project : Identify ONE BY ONE and calculate separately the present value of each cash flow of the end of the project.

Define and apply key concepts of innovation : Discuss the technical, financial and organisational constraints to innovation in markets that occur in real-life through the use of teamwork and brainstorming

Number obtained quickly by using the capital recovery factor : Work this out on a year-by-year basis and show that it equals the number obtained quickly by using the capital recovery factor.

What the amount of gross margin for the merchandise is : Goods under terms FOB shipping point. All of the merchandise purchased was sold for $9,000 cash. What The amount of gross margin for this merchandise is

What is the annual rate of return : What is the annual rate of return on this fortunate investment?

Calculate the rate of return for year : Assume that each? year's return is equally probable and calculate the average return over this time period.

User Account

All Pages