Describe your framework and justify the critical elements

Assignment Help Management Theories
Reference no: EM131438296 , Length: word count:3000

Assessment item 2 - Innovation audit report

Task

Innovation is increasingly being considered as a core competency that organisations must develop. Companies that consistently innovate don't rely on chance; they address innovation in a systematic way.

Your task is as follows:

  • Drawing on a wide range of literature on innovation develop a framework that you could use to assess an organisation in terms of innovation. Describe your framework and justify the critical elements (with reference to the literature).
  • The next step is to apply this framework to a particular organisation of your own choice. Where are the gaps? What is being done well, what areas need to be improved? Note: This organisation may be your own workplace, or an organisation you would like to work for.
  • Finally, develop a plan to address areas of weakness. You may choose to focus on a few key areas and discuss them in detail.

Note: If your chosen organisation has a focus on services make sure that you choose literature that is appropriate for service innovation.

Rationale

This assessment task is designed so that you can utilise your work experience in conjunction with your critical literature work on innovation to design a theoretical framework to conduct an audit of your workplace and make recommendations for change.

This task aligns with subject learning outcomes 1 and 2:

  • to be able to critically reflect on the role of innovation in organisations and the challenges companies face in new product development.
  • to be able to synthesise innovation literature to develop a theoretical framework for use in an audit of innovation practices of a specific organisation and make recommendations for improvement.

Reference no: EM131438296

Questions Cloud

The upper and lower control limits for the range chart : A company that produces ready-mix concrete in 50 lb bags uses SPC to study variation. They have taken thirty-five random samples, with 7 bags in each sample, weighing each bag. The results are: Overall mean = 51.75 lbs; Average range = 1.78 lbs. The ..
Increase capacity by adding new machine : Fabricators Inc. wants to increase capacity by adding a new machine. Current sales volume is 50,000 units per year. The fixed costs for the machine are $150,000 and its variable cost is $2 per unit. The revenue is $6 per unit. The break-even point fo..
Difference between speaking on behalf of the company : Generally, what is the difference between speaking "on behalf of the Company" and speaking "about" the Company? The policy states that "These Social Media Principles should guide your participation in social media, both personally as well as when you..
Business problems are basically information problems : Business problems are basically information problems because if a company had all the necessary information, it could solve the problems. Using the CSU Online Library, explore the topic of how research is conducted in organizations to address problem..
Describe your framework and justify the critical elements : Drawing on a wide range of literature on innovation develop a framework that you could use to assess an organisation in terms of innovation. Describe your framework and justify the critical elements (with reference to the literature)
Process of installing its first big data system : Your company is in the process of installing its first "big data" system. Discuss how you would ensure that the traditional challenges of integration- access to and retrevial of data, lack of sufficent analytical skills with the firm, and issues rela..
Computer chip production process yields dram chips : JingQian Corp’s computer chip production process yields DRAM chips with an average life of 2000 hours and a process standard deviation of 100 hours. The upper tolerance limit is 2700 hours ad the lower tolerance limit is 1700 hours. The process Cpk i..
What is the difference between a measure and a metric : What is the difference between a measure and a metric?
Schedule and cost information : Discuss the following project situations, using just the following schedule and cost information: a. PV = $10,000, AC = $12,000, EV = $10, 500 b. PV = $10,000, AC = $10,000, EV = $10,000 c. PV = $10,000, AC = $9,000, EV = $10,000 d. PV = $10,000, AC ..

Reviews

len1438296

3/24/2017 12:23:21 AM

Need to complete Assessment item 2 with 3,000 words. Other assessments will be allocated through separate code to the same expert. Integration and originality in the selection and handling of relevant theory to build and justify framework. Wide range of sources integrated in systematic way. Identifies and insightfully discusses areas of strength and weakness in innovation capabilities. Strong links to organisational context and relevant theory in evaluation. Excellent recommendations made, linked to the evaluation. Theory used in insightful way to justify recommendations and discuss enhancement of innovation capabilities. Referencing is consistently accurate. Polished and imaginative approach / very professionally presented.

Write a Review

Management Theories Questions & Answers

  A level strategy based on the following information

Develop a Chase Strategy and a Level Strategy based on the following information. The Level Strategy requires the use of a constant workforce equal to the minimum expected demand: subcontracting has to be used for additional capacity.

  Provide decision in the given situation

Freeman denies entering into any agreement to sell the second four thousand bushels of wheat to Terminal Grain but admits that he received the two written confirmations sent by Maher. Decision?

  City of erehwon after the car stopped running

In May, Patricia Allen left her car on the shoulder of a road in the city of Erehwon after the car stopped running. A member of the Erehwon police dept. came upon the car later that day and placed on it a sticker which stated that unless the car w..

  How does it fit with the author''s goals for the proposal

In Listening for the Silence, analyze the action proposed by the author, and how it is supported. Specifically, what does he want the target audience to do, and how does he show that this is a good idea?

  Why and how the material is important

Why and how the material is important and relevant to the course content; and

  Manager of construction project in the city of boston

You are the project manager of construction project in the City of Boston. The project has high visibility and the mayor has been receiving complaints. Your team provided you the data in the attached Excel file. Write a letter to the mayor that ex..

  What would be the result in given situation

‘‘All disputes will be resolved by the state courts of New York.'' A dispute arises concerning the workmanship of the parts, and Hicks wishes the case to be arbitrated in San Francisco. What would be the result?

  Additional thought and research to verify new data

On any new or different information you gleaned during the last assignment. This is a tricky phase in the process analysis and may require some additional thought and research to verify new data. As you begin this phase,

  The vanuatu restaurant in melbourne

In 2001 John and Mia purchased the Vanust Restaurant in Melbourne. Although the site had previously been a restaurant for a number of years, it had lately been closed for some months. Both Mia and John were in their early thirties and had previously ..

  What do you mean by sequence activities

What do you mean by sequence Activities - Inputs? List all of them.

  The yale sun bowl concert incident

The Yale Sun Bowl Concert Incident provides one of the greatest examples of all time on how the environment can affect participants in a leisure/sports/entertainment facility. The Yale Bowl was an old large stadium that was built during the times whe..

  Establishes an integrated performance measurement dashboard

Think about how your organization establishes an integrated performance measurement dashboard? How are outputs/outcomes and performance measures determined? How does this performance measurement dashboard align your IT strategic directives and IT ..

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