Managing Innovation and Business Process Reengineering PART 1 – 1150 – 1250 worlds (About the theories, not the company)
– To describe, in detail and in your own words, one or more innovation
theories of your choice – Describe the theory and not the company (deep knowledge of one major innovation theory will be enough as a basis for a high mark, and you should not choose more than two innovation theories)
– Detail Analysis of Sustaining and disruptive innovation theory
– Core features of the sustaining and disruptive innovation theory (Disruptive innovation model graphic is required)
– Core features of the SUSTAINING innovation concept of the sustaining and innovation theory
– Core features of the DISRUPTIVE innovation concept of the sustaining and innovation theory
– What are the weaknesses and strengths?
– The innovation value chain (Idea Generation – Conversion & Infusion)
– The importance and purpose of the sustaining and disrupting theories
Question 2 – This part of the work should be directed to talk about the company and also apply the theories (1250 – 1400 worlds)
– Use at least 1 paragraph to describe the company chosen
– Application of the sustaining and disruptive innovation theories in the context of the company
– Business Model Canvas – Picture is required (Put in black what the company did and keeps doing and in red the future innovations)
– Perform Business Process Re-engineering (Michael Hammer was one of the key people
– Knowledge Conversion (SECI) – Knowledge Creation
– Creation Process: Knowledge Creation, Invention, and Innovation
– History of idea development
– Risks of the Innovation Process and how to overcome them
– The current development of the company in the market
– Comparison of the company and competitors – Picture/graphic is required
– Company growth trend – Picture/graphic is required
– Comparison of customer’s satisfaction – Picture/graphic is required
– Talk about the company’s Business Model Navigator (Must choose one of the 55 successful business model patterns, which can serve as blueprints for the business model innovation efforts)
– Inputs towards the innovation process
– Impact of the innovation output
– Output from the innovation process
– Measures for assessing the activities within an innovation process availability of factors that can facilitate such a process
– Identify potential innovative ideas
– Using the theories, what might happen in the future with the company?
– Structure innovation – From the pass and for the future
3 – CONCLUSION (200 – 250 worlds)
4 – REFERENCES
5 – APPENDICES.
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