Innovation Management Plan Assignment -
In this assessment you will develop an innovation management plan on a specific organisation, and you will also create an elevator pitch around it.
Instructions: Choose an organisation
You can choose any one organisation from this list or any other of your choice but let me know if you choose any other organisation not from the below list
- Virgin Australia
- Westpac
- Australia Post
- Rio Tinto
- Cochlear
- Wesfarmers
- CBA
- BHP Billiton
- David Jones
- Haighs chocolates
Research the hot topics about innovation related to this organisation.
Then develop an innovation management action plan.
This assignment consists of Part A (2000 Word Written Report)
Part A: Innovation Plan
Your plan must include the following components
Cover page
Executive summary
Table of contents
Introduction
- Discuss 3 hot topics about innovation related to your organisation.
- Develop an idea for an innovative product or service based on the goals and portfolio management for the organisation.
- Discuss how your innovation will be streamlined with the organisations current capabilities.
Body of report
- Design thinking about your innovation- include a diagram depicting the innovation
- User involvement
- Fast integration- time, costs, resources
- Prototyping and testing capabilities
- Cross functional management
Conclusion
- Discuss future innovations that might affect your innovative idea.
References
- At least 20 needed with the majority being from 2014 and afterwards
- Academy of Management Style format
- Must include a range of references- books, articles, websites
Appendix