In Phase 3, your team will prepare a presentation to recommend your implementation plan to the appropriate audience for your innovation (e.g., venture capitalists, your CEO, your board of directors, etc.). Your goal is to persuade the audience to back your plan. Prepare a 750-1,000 word essay that accomplish the following:
- Describe the innovation and its value to both customers and the organization/entity to which you are pitching your idea.
- Review the implementation plan in significant enough depth to demonstrate your thorough understanding of the implementation process.
- Include a cost/benefit analysis appropriate for your particular audience.
IDEA TO INCLUDE: The innovation idea that I think would be very beneficial for anyone that cooks is an oven pre- alarm reminder device. This device would be extremely useful for university students, beginner cooks, and even individuals that need assistance with keeping track of time when they are preparing food. NAME TO INCLUDE: "T-OVEN"