Explain the current closed innovation strategy

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Reference no: EM133808977

Assignment: Create an Open Innovation Plan

Background
For this assignment, you will prepare a narrated presentation using PowerPoint presentation software. You will create your audio presentation by using an audio/video capturing tool, such as Kaltura. To access the Kaltura capture tool, follow the tutorial found below. You can also record yourself on YouTube or Zoom (be sure to present the slides).

Instruction
Following a review of readings and self-research, you will create an open innovation strategy for the company you selected in Assignment 3.
The core ethos of this assignment directly correlates to the thinking harder approach and the necessity for product managers to assess the concept of open innovation. Get Help Now!

After reviewing this week's resources, prepare a PowerPoint presentation for the company's board for a follow-up meeting they scheduled after reading last week's report. Be sure to include the following in your presentation:

Situation Analysis
Explain the current closed innovation strategy and product strategy within the company.

Strategic Analysis
Itemize and analyze the various stakeholders' strengths and weaknesses within the current company organizational structure.
Open Innovation Strategy
Based on the review, propose a visual open innovation strategy in lockstep with the open innovation strategy. Explain how your strategy will keep you ahead of the competition.
Length: 5 to 7-minute video accompanied by 12-15 slides, not including title and reference slides. Include your transcript within the notes section of each slide.
References: Include a minimum of 3 scholarly resources.

Reference no: EM133808977

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