Explain the value the new product or service will provide

Assignment Help Business Management

Reference no: EM131814343

Assignment

In Phase 2, your team will work together to develop a detailed description and implementation plan for the innovation you selected to pursue in Module 3. Each team member must research and describe a product development or management process, methodology, or model that could be utilized to implement the innovation. The group should select and use one of these models for developing its own implementation plan.

For this assignment, write a paper of 2,000-3,000 words that addresses the following:

1. Finalize the name and include a one- or two-sentence description of the innovation.

2. Describe the value the new product or service will provide to customers and describe the need it will meet.

3. Utilizing the model selected by the team, create the detailed implementation plan for the innovation. Make sure the plan accounts for contingencies/risks in the implementation process and includes realistic timeframe and budgeting considerations.

4. Use graphics such as organizational charts, process maps, and/or budget tables as appropriate to increase the readability and professional appeal of the plan.

5. Include in-text citations from at least six secondary sources. Each person on the team must contribute an article from the research that was completed on product development or management processes, methodologies, and/or models.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

Reference no: EM131814343

Questions Cloud

Prepare journal entry to record the payroll costs : Edison Company manufactures wool blankets and accounts for product costs using process costing. Prepare journal entry dated May 31 to record the payroll costs

Describe your innovation and how it addresses the problem : Describe your innovation and explain how it addresses the problem. How will it meet the needs of the organization and all stakeholders involved?

Assess the overall effectiveness of model your team selected : Assess the overall effectiveness of the model your team selected to both choose and implement your innovation. What were its strengths and weaknesses?

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

Explain the value the new product or service will provide : Explain the value the new product or service will provide to customers and describe the need it will meet.

Describe some of significant challenges you believe you face : Describe some of the significant challenges you believe you might face when it comes to suggesting and seeing innovations through in the organizations.

Determine equivalent units of production with direct labor : Fairfax Company use weighted-average process costing to account for its production costs. Determine equivalent units of production with respect to direct labor

Describes teams selection process and identifies the choice : You will then write a report of 1,500-2,500 words that describes the team's selection process and identifies the final choice.

Find the mean satisfaction level of the combined sample : A leading pharmaceutical company in the disposable contact lenses market has always taken for granted that the sales of certain peripheral products.

User Account

All Pages