Innovation Management Plan Assignment -
In this assessment you will develop an innovation management plan on a specific organisation or around it.
Instructions:
1. Choose an organisation (this must be a different organisation from the one you researched in your group assignment)
2. Research the hot topics about innovation related to this organisation.
3. Then develop an innovation management action plan based on the criteria below.
4. Assuming you have the opportunity to make an elevator pitch to the CEO of this company, what would you say? Make a short pitch directed at the CEO that references your report.
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 10 needed with the majority being from 2014
- Academy of Management Style format
- Must include a range of references- books, articles, websites
Appendix.