Critically assess theory from the area of innovation management towards application in the workplace;
Assessment – Innovation Portfolio
Learning Outcome 1: Critically assess theory from the area of innovation management towards application in the workplace;
Learning Outcome 2: Analyse contexts and processes of innovation management and determine critical elements impacting an organisation;
Learning Outcome 3: Propose and justify the application of approaches for managing innovation within organisations to bring about performance improvement.
You are an innovation consultant tasked by a decision-maker (owner/ managing director) of a small to medium-sized enterprise (SMEs) to develop an innovation for them to implement. You are to produce an ‘Innovation Portfolio’ consisting of 4,000 words, produced in a professional format suitable for your audience; please include the following sections:
(150 words (approximate)) i. Executive Summary. Indicating to the decision-maker everything they need to know about the portfolio succinctly. The Executive Summary should be written as a final task of the portfolio.
(800 Words) 1.Innovation Theory. Define the characteristics of innovation and critically assess theory from the area of innovation management. This section should include a critical analysis of Tidd & Bessant’s (2020) Innovation Process Modelor an alternative innovation model. It may also be beneficial to cover incorporating teamwork, project planning, and the influence of the market onan innovation process.
Identify the problems associated with the current manufacturing system, particularly comment upon shop floor operations and manufacturing planning and control systems.
November 26, 2022
November 26, 2022