List out the areas which the agenda can assist businesses

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Reference no: EM131731691

Assessment tool to develop a potential idea that could provide a new product/ service that is innovative within the local industry in Australia. This idea should not be happening currently here, but elements of it, or very similar projects could be happening outside of Australia or the company.

The idea pitch demonstration would lead the Learner to work through the process of developing an idea, pitch the idea proposal and obtain feedback on the areas presented which includes:
 Section 1 - Idea overview
 Section 2 - Measuring market potential
 Section 3 - The conceptual idea
 Section 4 - Value proposition

The idea pitch would be assessed based on criteria on the following:

- The criteria assessment is defined against the 4 sections which would have a ‘Yes', ‘Pending' and ‘No' check boxes with a commentary column to provide additional information/ rationale to the evaluation.

- A scoring system would be tabulated according to the number of check boxes indicated during the evaluation step (as above) to derive a relative measure to ascertain the approval decision for the idea pitched. This would also include feedback and approval from senior management (your trainer would undertake this role).

1. Choose any of the case studies that are available in Moodle and provide a discussion on the following questions:

2. Using the National Innovation and Science Agenda website, provide a brief discussion on the following

Explain what is ‘The Agenda'
List out the areas which the Agenda can assist businesses

Discuss what is ‘The Innovation Connections' initiative

What are the pre-requisites (eligibility criteria) for a business to obtain support from ‘The Innovation Connections'

3. Based on Q1, prepare and pitch the new innovation idea to senior management (your trainer would represent this role) in order to get support and approval for this project. Ensure that this pitch would be presented in line with specific organisational objectives and business feasibility.

4. Develop an operational plan for the system, with budget, timelines and responsibilities

5. Initiate the trial, taking account of all required consultative, coaching and technical issues

6. Develop a communication strategy to support the introduction of the new system

7. Idea Pitch Checklist (to be completed by your trainer)

8. Consultation to improve/ refine idea presented

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In the assignment detailed report on the company, victory sports are being provided. This helped in detecting the performance gap of the company. The assignment further focuses on the introduction of new IT based technology for reducing the gap that is found in the company. EDI (electronic data interchange) is the new proposed technology for victory sports. Budget and operational scale along with the communication strategy that are to be adopted by the company are prepared in this assignment. Assignment is done in MS word and online resources are collected for successful presentation of the project.

Reference no: EM131731691

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Reviews

inf1731691

4/10/2018 5:41:09 AM

I have gone through the work you did and sent me. I am more than satisfied after checking the quality. Thanks for the timely intervention. I appreciate your help. It was a great job. Thank you so much for everything. thanks once again.

inf1731691

12/23/2017 4:38:36 AM

Please let me know if you want more information You can find case study in 7 Module (2nd assignment) ?Now please confirm if you can do?

len1731691

11/21/2017 4:24:52 AM

Learners are required to achieve an understanding of how the Australian government support the innovation growth in the country through its ‘The Innovation Connections’ initiative. Choosing from a selection of case studies located in the Moodle (folder labelled BSBINN501 case studies), Learners are to provide an idea pitch to senior management (your trainer would undertake this role) to propose an innovative idea for the selected company to consider as part of its future business objectives. Learners are to use the template within this assessment tool to develop a potential idea that could provide a new product/ service that is innovative within the local industry in Australia. This idea should not be happening currently here, but elements of it, or very similar projects could be happening outside of Australia or the company. The idea pitch demonstration would lead the Learner to work through the process of developing an idea, pitch the idea proposal and obtain feedback on the areas presented which includes: • Section 1 – Idea overview • Section 2 – Measuring market potential • Section 3 – The conceptual idea • Section 4 – Value proposition

len1731691

11/21/2017 4:24:27 AM

Instructions for Students Please read the following instructions carefully • This assessment is to be completed according to the instructions given by your assessor. • Students are allowed to take this assessment home. • Feedback on each task will be provided to enable you to determine how your work could be improved. You will be provided with feedback on your work within 2 weeks of the assessment due date. • Should you not answer the questions correctly, you will be given feedback on the results and your gaps in knowledge. You will be given another opportunity to demonstrate your knowledge and skills to be deemed competent for this unit of competency. • If you are not sure about any aspect of this assessment, please ask for clarification from your assessor. • Please refer to the College re-assessment and re-enrolment policy for more information.

len1731691

11/21/2017 4:24:20 AM

Resources required for this Assessment • All documents must be created using Microsoft Office suites i.e., MS Word, Excel, PowerPoint • Upon completion, submit the assessment via the student learning management system to your trainer along with the completed assessment coversheet. • Refer the notes on eLearning to answer the tasks • Any additional material will be provided by Trainer

len1731691

11/21/2017 4:24:10 AM

Validity – (1) requires that assessment against the unit/s of competency and the associated assessment requirements covers the broad range of skills and knowledge, (2) assessment of knowledge and skills is integrated with their practical application, (3) assessment to be based on evidence that demonstrates tat a leaner could demonstrate these skills and knowledge in other similar situations and, (4) judgement of competence is based on evidence of learner performance that is aligned to the unit/s of competency and associated assessment requirements. Reliability – evidence presented for assessment is consistently interpreted and assessment results are comparable irrespective of the assessor conducting the assessment

len1731691

11/21/2017 4:24:02 AM

Based on Clauses 1.8 – 1.12 from the Australian Standards Quality Assurance’s (ASQA) Standards for Registered Training Organizations (RTO) 2015, the learner would be assessed based on the following principles: Fairness - (1) the individual learner’s needs are considered in the assessment process, (2) where appropriate, reasonable adjustments are applied by the RTO to take into account the individual leaner’s needs and, (3) the RTO informs the leaner about the assessment process, and provides the learner with the opportunity to challenge the result of the assessment and be reassessed if necessary. Flexibility – assessment is flexible to the individual learner by; (1) reflecting the learner’s needs, (2) assessing competencies held by the learner no matter how or where they have been acquired and, (3) the unit of competency and associated assessment requirements, and the individual.

len1731691

11/21/2017 4:23:55 AM

• This form is to be completed by the assessor and used a final record of student competency. • All student submissions including any associated checklists (outlined below) are to be attached to this cover sheet before placing on the students file. • Student results are not to be entered onto the Student Database unless all relevant paperwork is completed and attached to this form. Each assessment component is recorded as either Satisfactory (S) or Not Yet Satisfactory (NYS). A student can only achieve competence when all assessment components listed under procedures and specifications of the assessment section are Satisfactory. Your trainer will give you feedback after the completion of each assessment. A student who is assessed as NYS is eligible for re-assessment. Should the student fail to submit the assessment, a result outcome of Did Not Submit (DNS) will be recorded.

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