Assignment Task
Provide answers to all of the questions below:
1. There are many theories and schools of thought on innovation. Choose at least one past and one current theory. Compare and contrast these theories and the associated thinking behind these theories.
2. Choose one of the theories of innovation and associated thinking you wrote about in the previous question and explain its practical application in a workplace setting.
3. Identify and describe a creativity theory and associated thinking. Explain its practical application in a workplace setting.
4. Identify three examples of leadership styles and discuss the impact on innovation, specifically whether the style of innovation encourages or inhibits innovation within an organisation.
5. Identify and describe two types of organisational structure and explain each structure’s impact on innovation within the company.
6. Explain how the industry within which a company is situated can impact on innovation.
7. Analyse the impact of organisational culture and attitude to risk on innovation.
8. Analyse the impact of competition and government regulation on innovation.
9. Outline two risks associated with innovation and strategies that can be used to identify, assess and manage each of these risks
CEO – You are required to develop an Innovation Review and email it to the CEO (your assessor). You will then develop an Innovation Strategy and Innovation Strategy Presentation in Power Point and email them to the CEO (your assessor). You will then conduct meeting to discuss your Innovation Strategy and use the findings of that meeting to update your Innovation Strategy and save the file as ‘Updated Innovation Strategy’. Following the meeting you will also write an innovation leadership report. You will then Prepare a draft email to the CEO (your assessor) seeking feedback and authorisation regarding the innovation leadership report.
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Required
- Access to textbooks and other learning materials
- Computer with Microsoft Office and internet access
- Innovation Review Template
- Innovation Strategy Template
- Innovation Leadership Report Template
Timing
Your assessor will advise you of the due date of these submissions.
Submit
- develop an Innovation Review
- email to the CEO (your assessor) with the Innovation Review attached
- Innovation Strategy
- Power Point Innovation Strategy Presentation
- email to the CEO (your assessor) with the Innovation Strategy and Innovation Strategy
- Presentation attached
- Updated Innovation Strategy
- innovation leadership report
- draft email to the CEO (your assessor) seeking feedback and authorisation regarding the innovation leadership report.
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