Selection of the innovation tools and techniques

Assignment Help Business Management
Reference no: EM132494359 , Length: word count:2000

MGMT20132 - Innovation and Sustainable Business Development - Central Queensland University

Assessment Task
You are required to write a 2000-word report for a novel value proposition within an existing business or organisation. You must use appropriate headings to structure the body of the report.

Your report must demonstrate:
Part 1. Logical and persuasive articulation of: the problem to be solved; problem insight; a portfolio of generated solution concepts; solution selection analysis; novel value proposition; targeted customers; competitive advantage and strategic fit (this includes elements 1 to 4 in the disciplined entrepreneurship canvas by Aulet (2017, p. xviii) and all elements in the value proposition canvas by Osterwalder, Pigneur, Bernarda, and Smith (2014, pp. 8-9)).
Part  2. Logical and persuasive assessment of critical assumptions and uncertainties related to: customer desirability; technical feasibility; and financial viability.
Part  3. Logical and persuasive argumentation for the selection of the innovation tools and techniques used to support the report findings and recommendations.
Minimum five (5) tools and techniques must be applied from the provided list of tools and techniques.
Part  4. Logical and persuasive application of the selected innovation tools and techniques used to support the report findings and recommendations. Minimum five (5) tools and techniques must be applied from the provided list of tools and techniques.
Part  5. Candid and critical self-reflection about assessment 1 tasks including: a reflection on the development of personal innovation capabilities and practices; identification of own personal strengths and weaknesses; supported with suggestions for self-improvement.
Part  6. Clear flow of thought throughout the report with: a convincing executive summary; clear and succinct purpose described in the introduction; relevant structure and content within the body of the report; and a clear and succinct conclusion.
Part  7. Critical review skills and integration of relevant academic and professional literature. A minimum of ten (10) academic and professional references must be used.
Part  8. Appropriate in-text referencing and reference list. Adherence to CQUniversity APA reference style.
Part  9. Clarity of expression, grammar and spelling. Appropriate report format with good use of bullet points, illustrations and figures. Within ±10% of the word limit for report, excluding references and appendices: 2000 words.
Select a business or organisation impacted by the advances of a technology and/or sustainability trend which drives industry innovation.
• Business such as, but not limited to:

o CommBank (banking)
o Alipay (online payment platform)
o Uber (transport)
o Maersk (international shipping)
o McDonalds (fast food restaurant)
o Volvo Cars (automobiles)
o Lego (toys)
o IKEA (furniture)
o Toll (transport)
o Qantas (airline)
o Procter & Gamble (consumer goods)
o Cochlear (electronics - hearing implant)
o Danfoss (industrial products)
o Boeing (aeroplanes)
o Woolworths (supermarket)
• Government, not-for-profit, such as but not limited to:

o University (education)
o Healthcare services (health)
o Ozcare (home care)
o AusAID (aid)
o Red Cross (aid)
• A business or organisation that you are or have been employed at and therefore know well. It is important that no confidential information is included in the submitted report.
• If in doubt about the selection of your business and organisation you must consult your local lecturer.
Select a technology and/or sustainability trend driving industry innovation to inspire development of a novel value proposition.
• Technology trends such as, but not limited to (Manyika et al., 2013):

o Artificial intelligence (Davenport &Ronanki, 2018; Iansiti&Lakhani, 2020; McKinsey Global Institute, 2018)
o Robots (Tilley, 2017)
o Smart-connected-products (Porter &Heppelmann, 2014, 2015)
o Blockchain (Carson, GiulioRomanelli, Walsh, &Zhumaev, 2018; Iansiti&Lakhani, 2017)
o Augmented, mixed and virtual reality (Porter &Heppelmann, 2017)
o Big data (Hagiu, A & Wright, 2020)
o Connectivity (Grijink et al., 2020)
o Health-care (Pearl &Madvig, 2020)
• Sustainability trends supporting United Nations sustainable development goals (Brackley& York, 2019; United Nations, 2015; United Nations, 2019):
1. No poverty
2. Zero hunger
3. Good health and well-being
4. Quality education
5. Gender equality
6. Clean water and sanitation
7. Affordable clean energy
8. Decent work and economic growth
9. industry, innovation and infrastructure
10. Reduced inequalities
11. Sustainable cities and communities
12. Responsible consumption and production
13. Climate action
14. Life below water
15. Life on land
16. Peace, justice and institutions
17. Partnership for the goals
Your selected innovation trend must be important to the selected business or organisation as that makes the innovation proposition and proposals important to its senior executives and stakeholders, the report interesting to read and your report writing exciting.

Attachment:- Details about assessment.rar

Reference no: EM132494359

Questions Cloud

Floating-rate loans-bensington glass company : The Bensington Glass Company entered into a loan agreement with the? firm's bank to finance the? firm's working capital. The loan called for a floating rate
Calculate the net profit-loss possible for the speculator : Should the speculator exercise the option? Calculate the net profit/loss possible for the speculator.
Find what is the maximum amount that can be withdrawn : What is the maximum amount that can be withdrawn at the start of each quarter? Month end contributions of $431 are made to an account for 8 years
Reflect on meaning and implications of gender stereotypes : Review the section on stereotypes in the Encyclopedia of Gender in Media. Reflect on the meaning and implications of gender stereotypes.
Selection of the innovation tools and techniques : Critical review skills and integration of relevant academic and professional literature. A minimum of ten academic and professional references
How much will Sylvia be allowed to deduct : Sylvia graduated from college last year and started repaying her student loans. How much, if any, will Sylvia be allowed to deduct as adjustment to her income
How long in years will take for wallace to pay of : How long in years (round to two decimal places), will it take for Wallace to pay off his mortgage? Wallace takes out a mortgage on his house
Interest rate parity holds : Based on the information below, determine if the interest rate parity holds (please show with calculation why it holds or why it does not hold)
Advise Peter as to his tax liability if any : Peter is a farmer with 15 hectares of land on which he has grown oranges since 1970. Advise Peter as to his tax liability, if any

Reviews

Write a Review

Business Management Questions & Answers

  Mandate a maximum price for gasoline

Your uncle says that the government should mandate a maximum price for gasoline. As an economist, explain to your uncle the economic

  Prepare business plan of it industries

Prepare Business Plan of IT Industries

  Associated benefits to the organization

Which ERP module(s) have you used in the past? Were there any associated benefits to the organization?

  What is eoq and what is the total annual holding cost

What is EOQ AND What is the total annual holding cost. Given the economic order quantity, what is the total annual cost (including purchase cost? What is the time between orders?

  Does jpl seem to have an adaptive culture

Does JPL seem to have an adaptive culture? Why or why not?

  Discuss the role that product demand

Discuss the role that product demand played in pricing the iPhone. How did this demand influence Apple's decision to price it high in the beginning

  Human resource management profession

During the past 50+ years, the responsibilities of the human resource management profession have changed.

  Briefly define how you would approach this conversation

As an HR expert you may have to have tough conversations with employees as well as possibly even terminate someone. Briefly define how you would approach this conversation with an employee.

  What is the enterprises competitive environment

What is the enterprise's competitive environment? Does the enterprise plan to grow in the next two years and by how much?

  Capital in facebook as an employee

Would you invest your human and intellectual capital in Facebook as an employee? Why or why not?

  Aid strategy implementation

Discuss in scholarly detail how policies aid strategy implementation.

  Describe two strategies for developing the team as a whole

Identify two strategies for developing the team as a whole. Create a communication plan for your performance improvement suggestions.

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