Describe the innovation and its value

Assignment Help Other Subject
Reference no: EM132328848

Assignment

In this essay the innovative idea taken by the team members are regarding the scrapbook buddy. This scrapbook buddy is mainly created by the team members that help the people to organize their old photos pore stamp cards. These help them to create and made their memories safe through the age. As all these procedure helps the old photos to be safe.

This scrapbook helps the people to maintain their entire life long memories safe also at a very low cost. In recent time, where people are using this new innovative ideas this is one of the most creative aspect that can be done by the people, if more individuals take part in this initiative.

However, to imply this innovative and creative idea among the people, the team members related with the idea needs to imply a strong implementation method.

In addition, in order to set the ground for this idea more strongly and prominently; they chosen the model of SNIFF implementation idea (Mnzava et al., 2015).

The main goal of the project is to introduce their innovation of scrapbook buddy to a larger audience scale. In order to achieve this, the team members have created some objectives, such as,

• They need to plan a solid implementation plan for the project,

• They need to set a target audience,

• They need to create a proper budget for the project,

• Finally, they need to set a time frame for the work.

Methodology

Here in this methodology part the team members have vividly described the importance of an implementation plan, and chose the perfect plan that goes with the innovation, such as SNIFF.

SNIFF basically means a five layered plan that includes Strategy, Need, Impact, Feasibility, and Feel. The team members implied this plan in order to introduce this creative innovation of scrapbook buddy to the general audiences(Brown & Hershberger, 2018).

Strategy

The very first stage of this implementation plan is related with the strategy. For this the team members need to select a proper strategy that helps the company to create a base related with the project. Entire view regarding the project needs to be clear in order to get a clear vision of the project that further helps the company to set a proper strategic aspect (Groves et al., 2017).

Need

In this second section of the model the project members needs to decide the need of the project among the audience they are targeting. According to the need of the customers the project holders needs to imply their creative and innovative aspects, as the need creates a deep impact on cultural aspects as well.

Impact

In this section of the plan the project holders discusses importance of the impact that mainly happens due to the project implementation among the people. In addition, the project also gets developed according to the impact of it to the audiences.

Feasibility

This part decides the feasible state of the project and how this is impacting the whole work. Also this section describes the practicality and workability of the project. It also describes that the project can be done within the technical time framework,

Feel

This final segment is one of the important aspects as it allows the workers feel empowered through working in this scrapbook project. This helps the employees to use their brainstorm techniques (Nagy, Stentz & Zhang, 2018)

Risks in the implementation process

Any kind of implementation risk is potential enough in order to create a failure in the development of a project. Mainly this term is famous in the section of a launch of any new product. Such as,

Integration, where enterprise resource planning fails due to the legacy systematic transaction,

Data, when inconsistence data fails the bank's website deployments,

Benefit realization, when consumer satisfactory issues backout the implementation plan due to the social media complaints against the project,

Availability, unstable code crashes the manufacturing process of the project,

Information security, due to the vulnerability in the section of security system of the information technologies initiatesfurther threats to the project,

Process, if the team is launching the product of scrapbook buddy without any solid consideration regarding the market of opportunities related with sales can causes the harm in the supply chain of the product as well,

Training, a new project launch always requires prominent and appropriate trained and skilled employees without them the whole project can go at loss (Aicheler et al., 2019).

This is the requirements for the slides. you will need at least 4.

prepare a presentation to recommend your implementation plan to the appropriate audience for your innovation (e.g., venture capitalists, your CEO, your board of directors, etc.).

Your goal is to persuade the audience to back your plan. Prepare 10-15 professionally developed presentation slides that accomplish the following:

Describe the innovation and its value to both customers and the organization/entity to which you are pitching your idea.

Review the implementation plan in significant enough depth to demonstrate your thorough understanding of the implementation process.

Include a cost/benefit analysis appropriate for your particular audience.

Ensure your slides are visually appealing and conform to conventions of effective slide design. Include a reference slide with a minimum of three secondary resources utilized in the development of your presentation.

Reference no: EM132328848

Questions Cloud

What leadership theories that geisha williams : What leadership theories that Geisha Williams has while leading 500 companies. Explain, examples
Major aspects of how human immune system functions : Review major aspects of how human immune system functions. How is the proper functioning of this system of major importance to all other systems in body?
Discuss the conceptual basis and outline of the problem : Why does the problem exist? Discuss the conceptual basis, the nature of the problem, and outline of the problem as defined by the literature.
What direction the company should take : Warren Buffett is known to be an open-minded CEO, allowing his employees to offer their own input on what direction the company should take.
Describe the innovation and its value : Review the implementation plan in significant enough depth to demonstrate your thorough understanding of the implementation process.
Ceo of apple multinational technology company : The styles of leadership that Steve Jobs employed include transformational and trait leadership.
Bill gates is an example of a good leader : To become a good leader, you must have all these qualities but if you lack some of these qualities, then you might struggle to make the mark in the world
Identify solutions to enhance targeted perimeter lighting : Pole, street, and parking lot lights were never designed specifically for perimetersecurity lighting camera systems or on-site security personnel.
Compose an rfp that solicits proposals : Identify a problem or situation that necessitates soliciting proposals to help Company A address that problem or situation.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd