Reference no: EM13308997
This is a 2,000 word limit for your submission. This excludes references and appendices. Please include an Executive Summary (approximately 250 words, not included in word count) at the start of your finished paper. Please include a title page with the organisation you researched, your name and your final word count (for main body) of your submission. Include page numbers, separate indices of tables and figures, all appropriate in-text references and a bibliography.
As a Consultant, please make sure to format the report in a professional manner and make good use of Headings/subheadings/numbering. Note that we are researching on a financial services institution (Bank).
- Describe the strengths and weaknesses in the organisation's innovation management structure.
- Discuss how the organisation currently sources new ideas, technologies and so on for its innovation activity. Evaluate, critically, the effectiveness of the current approach and discuss how this can be improved.
- Discuss how the concepts of lead user innovation, open innovation and disruptive innovation may or may not be applicable to the organisation's sourcing approach.
- Provide a diagrammatic illustration (and a narrative) of the organisation's innovation strategy, even if the organisation does not have an explicitly defined strategy.
- Propose how an improved innovation strategy may be developed, making sure that all the building blocks of an innovation strategy, as discussed in the module notes, have been addressed.
- Propose how this new strategy may be implemented. Describe how the process of implementation will be managed, both from the processual and change management points of view.
- Discuss the potential challenges in implementing the proposed innovation strategy and how these could be overcome.
- Discuss how you would monitor the success of the new innovation strategy.
- Synthesise related theories and models from the module readings and literature.
For instance you might start your Introduction with a brief paragraph on what was the main accomplishment in the first submission - for examplea note of how structure of the organization helps or hinders innovation andsome of the main recommendations..
Next make sure to have a subsection/heading with numbering to address each part of the questions giving a right balance using your ingenuity.
For instance
2.0Strengths and weaknesses in the organization's innovation management structure(remembering that we are not expecting a SWOT)
3.0Current sources of new ideas, technologies
Please make sure here to
'Evaluate, critically, the effectiveness of the current approach and discuss how this can be improved'
4.0Lead user innovation, open innovation and disruptive innovation
Again make sure to discuss how the concepts 'may or may not be applicable to the organization's sourcing approach'
|
Concept of corporate social responsibility
: 1) Students will present their own definition/concept of Corporate Social Responsibility (CSR) and compare/contrast it with the pyramid of CSR
|
|
Strategic planning session
: As a newly promoted Vice President, your CEO has invited you to participate in this year's upcoming Strategic planning session. You know that this will be high-level type planning you have done in the past. To prepare for this, you have done research..
|
|
An inspiring leader
: You were recently hired as a new manager in a company. You are fresh out of business school and have few management skills. More importantly, you know that your role will also involve inspiring your department's employees. You have been told that the..
|
|
Provide a real-world example of a market
: The opening statement on the website of the Organization of Petroleum Exporting Countries (OPEC) says, “…OPEC’s eleven numbers are all developing countries whose economies are heavily reliant on oil export revenues.They therefore seek stable oil pric..
|
|
The organisation''s innovation management structure
: Describe the strengths and weaknesses in the organisation's innovation management structure.
|
|
What is the total planned expenditures
: Figures from a consumption function table in billions of dollars:Disposable Income 200 Planned investment 50Consumption 250 Government Spending 30Net Exports 10Taxes 30Question 1: What is the total planned expenditures?Question 2: What is unplanned i..
|
|
Leadership interview & analysis
: Leadership Interview & Analysis
|
|
Write about the history of a specific stadium or arena
: Write about the history of a specific stadium or arena from when the facility was being proposed until it was finally built and then what happened thereafter through the facility's life. Search the Internet or scholarly database for this information...
|
|
Modern management
: Modern Management
|