Reference no: EM132174889

Specifications of the Assessment

Task 1
Learners are required to achieve an understanding of how the Australian government support the innovation growth in the country through its ‘The Innovation Connections' initiative.

Choosing from a selection of case studies located in the Moodle (folder labelled BSBINN501 case studies), Learners are to provide an idea pitch to senior management (your trainer would undertake this role) to propose an innovative idea for the selected company to consider as part of its future business objectives.

Learners are to use the template within this assessment tool to develop a potential idea that could provide a new product/ service that is innovative within the local industry in Australia. This idea should not be happening currently here, but elements of it, or very similar projects could be happening outside of Australia or the company.

The idea pitch demonstration would lead the Learner to work through the process of developing an idea, pitch the idea proposal and obtain feedback on the areas presented which includes:

Section 1 - Idea overview
Section 2 - Measuring market potential
Section 3 - The conceptual idea
Section 4 - Value proposition

The idea pitch would be assessed based on criteria on the following:

- The criteria assessment is defined against the 4 sections which would have a ‘Yes', ‘Pending' and ‘No' check boxes with a commentary column to provide additional information/ rationale to the evaluation.
- A scoring system would be tabulated according to the number of check boxes indicated during the evaluation step (as above) to derive a relative measure to ascertain the approval decision for the idea pitched. This would also include feedback and approval from senior management (your trainer would undertake this role).

Task 2

The learner is required to then required to:
- explain how the new system supports innovation in the organisation
- explain the concepts and theories of change management including ways of introducing change in different organisational contexts and change management communication strategies
- explain the concepts and theories of innovation and how these link to innovation in practice
- explain techniques for generating, testing and evaluating concepts and options for new systems
- analyse the technical context in which the system is being developed
- outline the typical ways in which systems may present barriers to innovation.

Task 1

1. Choose any of the case studies that are available in Moodle and provide a discussion on the following questions:
Name of company
Company background
Business objectives
Innovation area expertise
Current business performance
Performance gap/s identified
Future business direction
Proposed new innovation direction
Resources needed to support new direction

2. Using the National Innovation and Science Agenda website,provide a brief discussion on the following
Explain what is ‘The Agenda'
List out the areas which the Agenda can assist businesses
Discuss what is ‘The Innovation Connections' initiative
What are the pre-requisites (eligibility criteria) for a business to obtain support from ‘The Innovation Connections'

3. Based on Q1, prepare and pitch the new innovation idea to senior management (your trainer would represent this role) in order to get support and approval for this project. Ensure that this pitch would be presented in line with specific organisational objectives and business feasibility.

4. Develop an operational plan for the system, with budget, timelines and responsibilities

5. Initiate the trial, taking account of all required consultative, coaching and technical issues

6. Develop a communication strategy to support the introduction of the new system

7. Idea Pitch Checklist (trainers please)

8. Consultation to improve/ refine idea presented

Task 2

1. Discuss how the use of a select Australian government agencies are able to provide local companiesspecialized assistance to assist its innovation planning process.

2. Provide a discussion on the potential impact of the introducing an innovativechange on the following:

3. Evaluate the coaching and training needs of those who will use the system and plan a learning and development strategy based on the following questions:

a. Why do organisations choose coaching as an option for learning and development strategy?
b. Explain the GROW Model
c. What are the benefits of conducting a Training Need Analysis?
d. Discuss the importance of providing training to align employees to meet the new system/ innovation business processes requirements.

4. Discuss the considerations when developing the training plan on the following:
a. Needs assessment
b. Learning objectives
c. Learning styles
d. Delivery mode
b. Audience consideration
b. Content development
c. Time lines
d. Communication of training
e. Measuring effectiveness

5. Provide a discussion on appropriate context and parameters to trial the innovation process based on PDCA Cycle:

6. Provide a discussion why is it important to monitor and review the innovation trial on the following basis:
a. The purpose of evaluation of the new innovation
b. Key evaluation criteria (defining the evaluation areas)

7. Monitor and review the innovation trial in relation to its goals for fostering innovation on the following:
a. Why is it important to monitor project efficiency by time tracking?
b. Why is it important to monitor project efficiency by budget tracking?
c. How can team effort promote efficiency in the review and evaluation process?
d. Discuss what the review report should achieved

Attachment:- Establish systems that support innovation.rar