Module code and title: BM627
Module code and title: BM627
Managing Innovation in Business
Module leader: Dr John Mariampillai
Assignment No. and type: CW2 - Individual Report: A full report comprising an action plan roadmap for development and implementation of the innovation capabilities of the chosen organisation: 3000 words
(+/-10%) Assessment weighting: 60%
Submission time and date: TBC Target feedback time and date: 3 WEEKS
Assignment task
For this second assignment, you are required to produce a 3,000 word written report (individual).
This assignment leads on logically from the findings of CW1 and students are expected to use the same organisation as CW1.
From your findings in CW1, you are required to develop an innovation road map that outlines the preparation of the innovation process. This will factor in the wider, operational environment of both upstream and downstream suppliers and service providers, whilst developing a fuller picture of the organisations full innovation capacity.
You will use the information collected on the chosen organisation in tandem with the material presented in the module to illustrate that you fully understand innovation management theory and practice. Your report will broadly cover the following key topics:
Key summary findings from CW1 (drivers of innovation from CW1, put in different words )
All issues from cw1 (3 issues )
rephrased from the way they were written in CW1 and related to the companys online retial business activities
For example
issue one
the company has some cybersecurity issues that are happening now. You would describe this in 150 words
issue two (discussed in 150- 170 words)
..
issue three (discussed in 150- 170 words)
a review of the future (i.e. 2023 and beyond) of the industry within which the organisation operates;
Future trend 1
Discuss the future trends that relates to the issue of cybersecurity
- discuss how in the future there is going to be stronger data (laws and technologies )privacy for
how do you talk about the future ?
it is expected that .
it is projected that
research shows that in the future
follow this up with research about the future
IT online companies
about cybersecurity future trend you could also discuss how in the future, hackers are going to be more advance in their abilities to steal data
150-170 words
Future trend 2
Future trend 3
an evaluation of the chosen organisations innovation requirements 2023 and beyond;
MVIS - here you are officially starting to apply the MVIS model
Stage 1 Days 1-15
innovation leader identifies the innovation gaps
innovation gap 1
this is concluded or arrived at by COMPARING issue 1 with future trend 1
i.e.
By comparing the current issues that the company has in relation to cybersecurity, that hackers are stealing customer data from Googles web sties, ( reminded the reader of issue 1) with the fact that in the future there are going to be more cybersecurity rules and technologies that will protect customers ( reminded the reader of future trend 1 ), we can conclude that there is an innovation gap relating to cybersecurity that forces the organization to innovate to create more secure products and services for customers
days 15-30
top leaders broad categories of innovation to address the gaps
3 categories of innovation
3 choices
Stage 2
a detailed and practical road map (using for example, MVIS) that helps build (future) innovation capabilities for the organisation in line with the industry trends identified (see topic ii) and the organisational innovation requirements (see topic iii).
Stage 3
Stage 4
This assignment has been designed to provide you with an opportunity to demonstrate your achievement of the following module learning outcomes:
LO 2 Analyse and illustrate how organisations and their leaders can successfully plan and prepare for innovation (Application of the MVIS Model of innovation in all of its 4 parts )
LO 3 Critically discuss the importance of organisational knowledge, knowledge transfer and cross functional co-operation in order to analyse and assess innovation capability and blockages;
Referencing and research requirements
Please reference your work according to the Harvard style as defined in Cite Them Right Online (http://www.citethemrightonline.com).
This information is also available in book form: Pears, R. and Shields, G. (2019) Cite them right: the essential reference guide. 11th ed. Basingstoke: Palgrave Macmillan. Copies are available via the University library.
Submission details
This assignment should be submitted electronically using the relevant submission point in the Submit your work section of your Blackboard module shell.
You are reminded of the Universitys regulations on academic misconduct, which can be viewed on the University website https://www.bucks.ac.uk/current-students/registry-helpdesk-and-academic-advice/academic-integrity-and-misconduct In submitting your assignment, you are acknowledging that you have read and understood these regulations
Please also note that work that is submitted up to 10 working days beyond the submission date will be considered a late submission. Late submissions will be marked and the actual mark recorded but will be capped at the pass mark (typically 40%), provided that the work is of a passing standard. Work submitted after this period will not be marked and will be treated as a non-submission
Academic integrity
Academic integrity means taking responsibility for your own work.
When you submit an assignment, you are effectively making a declaration that it is your own work and that you have acknowledged the contribution of others and their ideas in its development (for example, by referencing them appropriately).
For further information and guidance, please see the University website: https://www.bucks.ac.uk/current-students/registry-helpdesk-and-academic-advice/academic-integrity-and-misconduct
You are also expected to take responsibility for maintaining and managing confidentiality issues in your work. You should maintain and respect confidentiality in relation to the protection of personal, technical and/or commercial information of a sensitive nature in their assessed work, whatever the format.
Confidentiality issues will vary from subject to subject and you are encouraged to seek advice from your course team if you are unclear about requirements in your context. For further information and guidance, please see the University website: https://www.bucks.ac.uk/academic-confidentialityHow your work will be assessed
Your work will be assessed against the assessment criteria which have been provided at the end of this brief.
These criteria have been designed specifically for this assignment and are intended to measure the extent to which you have demonstrated your achievement of its associated learning outcomes (see above). They have been aligned with the institutional grade descriptor appropriate for your level.
The assessment criteria provide a basis for fair and consistent marking and indicate what is expected of you in this assignment. It is strongly recommended that you engage with them while you are working on the assignment and use them in combination with any feedback you receive once your work has been marked to help you plan for future learning and development.
Fail Fail Pass Pass Pass Pass Pass
0-34 (F)
Fail 35-39 E
Marginal fail 40-49 (D)
50-59 (C)
60-69 (B)
70-79 (A)
80-100 (A+)
Not successful Below required standard Satisfactory Good Very Good Excellent Outstanding
Knowledge and
understanding 30%
This should include evidence of:
Depth of knowledge and understanding of the concepts in managing innovation in a business context
Engagement with subject specific theories, paradigms, concepts, and principles (for example MVIS, learning organisations, learning cycle, leadership in managing innovation, NPD, R&D, 4Ps)
The work
demonstrates a
limited and/or
substantially
inaccurate or no
understanding of key
aspects of the subject,
with few if any
examples of coherent
and detailed
knowledge, which is
unlikely to be at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques. The work
demonstrates
insufficient
understanding of key
aspects of the subject,
including some
coherent and detailed
knowledge, little of
which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques.
The work
demonstrates a basic
yet systematic
understanding of key
aspects of the subject,
including some
coherent and detailed
knowledge, at least
some of which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques. The work
demonstrates a sound
breadth and depth of
systematic
understanding of key
aspects of the subject,
including some
coherent and detailed
knowledge, some of
which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques. The work
demonstrates a
sophisticated and
critical systematic
understanding of key
aspects of the subject,
including coherent and
detailed knowledge,
much of which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques. The work
demonstrates a highly
accomplished
systematic
understanding of key
aspects of the subject
beyond what has been
taught, including
coherent and detailed
knowledge, most of
which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques. The work
demonstrates an
exceptional systematic
understanding of key
aspects of the subject,
including coherent and
detailed knowledge
well beyond what has
been taught, all of
which is at, or
informed by, the
forefront of defined
aspects of the
discipline e.g., recent
research, latest
techniques.
Analysis and
criticality 30%
This should include evidence of:
Logic and argument
Use and range of independently selected sources (on the chosen organisations innovation road map related themes)
Analysis and synthesis
Analytical reflection
Organisation and communication of ideas and evidence
Creativity The work demonstrates
a limited or no ability
to work with relevant
techniques of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry accurately;
Conceptual understanding evident
is limited thus the work
does not:
devise and sustain
arguments and/or
solve problems
describe and
comment upon
aspects of current
research and
scholarship, with little
or no appreciation of
the uncertainty,
ambiguity, and limits
of knowledge;
use relevant and
appropriate sources
resulting in few if any
scholarly reviews.
The work demonstrates
an insufficient ability to
use established techniques of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry within the discipline;
The conceptual
understanding evident
enables the work to
partially demonstrate:
use of ideas and techniques to devise
and sustain arguments and solve problems
the ability to describe
and comment upon
aspects of current
research and
scholarship, albeit
with only a developing
appreciation of the
uncertainty,
ambiguity, and limits
of knowledge;
There is a limited range
of independently
selected relevant and
appropriate scholarly sources. The work demonstrates
a sufficient ability to
deploy established techniques of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry within the discipline;
A basic yet sufficient
conceptual
understanding is
evident that enables
the work to
demonstrate:
use of ideas and
techniques to devise
and sustain arguments and solve problems,
the ability to describe
and comment upon
aspects of current
research and scholarship, with a
sufficient
appreciation of the
uncertainty,
ambiguity, and limits
of knowledge;
use a sufficient range
of independently
selected relevant and
appropriate scholarly sources. The work
demonstrates a sound
ability to deploy established techniques
of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry
within the discipline;
A sound conceptual
understanding is
evident that enables
the work to
demonstrate:
use of ideas and
Techniques to devise
and sustain arguments and solve problems,
the ability to describe
and comment upon
aspects of current
research and
scholarship, with a sound appreciation of
the uncertainty,
ambiguity, and limits
of knowledge;
use of a sound range
of independently
selected relevant and
appropriate scholarly sources. The work demonstrates
a sophisticated ability
to deploy established techniques of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry within the discipline.
A sophisticated
conceptual
understanding is
evident that enables
the work to
demonstrate:
use of ideas and
techniques to devise
and sustain arguments and solve problems,
the ability to describe,
synthesise and
critique aspects of
current research and scholarship, with a
sophisticated
appreciation of the
uncertainty,
ambiguity, and limits
of knowledge
use of a sophisticated
range of independently
selected relevant and
appropriate scholarly sources. The work demonstrates
a highly accomplished
ability to deploy established techniques
of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry
within the discipline;
A highly accomplished
conceptual
understanding is
evident that enables
the work to
demonstrate:
use of ideas and techniques to devise
and sustain arguments and solve problems,
the ability to describe,
synthesise and
critique all relevant aspects of current
research and
scholarship, with a
nuanced appreciation
of the uncertainty,
ambiguity, and limits
of knowledge;
use of a highly
accomplished range
of independently
selected relevant and
appropriate scholarly sources.
The work demonstrates
an exceptional ability
to deploy established techniques of analysis (using results from the appropriate analytical models used/examined in CW1 and additional specific models such as MVIS) and enquiry within the discipline;
A superior conceptual
understanding is
evident that enables
the work to
demonstrate:
use of ideas and
techniques to devise
and sustain
arguments and/or
solve problems,
the ability to describe,
synthesise and
critique all relevant
aspects of current
research and scholarship, with a
highly nuanced
appreciation of the
uncertainty,
ambiguity, and limits
of knowledge;
use of a superior
range of independently
selected relevant and
appropriate scholarly sources.
Application and
Practice 30%
This should include evidence of:
Development and/or application of managing innovation specific specialist skills
Accuracy, coordination, and proficiency in completion of processes
Technical skills
Presentation of research findings and use of data Work demonstrates a
limited or no ability to
select and apply
appropriate models and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
practical processes attempted but inaccurate;
use of an appropriate
range of technical
skills is not demonstrated in
most including key
areas
presentation of research and findings is not clear or effective
Work demonstrates an
insufficient ability to
select and apply
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
practical processes attempted but inaccurate
use of an appropriate
range of technical,
skills is not
demonstrated in
some key areas
presentation of research and findings is often not clear or effective. Work demonstrates a
sufficient ability to
select and apply
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
complete practical processes attempted with a degree of independence in sometimes complex and unpredictable situations
use an appropriate
range of technical,
skills
present research and
findings, in several
formats, and gather,
process and interpret
data efficiently. Work demonstrates an
ability to select and
apply in a consistent
and informed manner
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
complete practical processes accurately and independently in sometimes complex and unpredictable situations
consistently use an
appropriate range of
technical skills
consistently present research and findings
effectively and
appropriately. Work demonstrates an
ability to select and
apply in a capable and
effective manner
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
complete practical processes autonomously and with accuracy and coordination in sometimes complex and unpredictable situations;
consistently use an
appropriate range of
highly developed
relevant technical skills
consistently present
thorough research and
findings perceptively
and appropriately. Work demonstrates an
ability to select and
apply in a highly
accomplished manner
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge, and understanding in the context of the chosen case organisation, and in turn:
complete practical processes autonomously and with a high degree of accuracy, coordination, and proficiency in sometimes complex and unpredictable situations
consistently use a full
range of highly
developed technical skills
consistently present
thorough research and
findings perceptively,
convincingly, and
appropriately. Work demonstrates an
ability to select and
apply in a highly
accomplished and
innovative manner
appropriate methods and techniques (in the context of managing future innovation requirements and capabilities) to develop and apply knowledge and understanding in the context of the chosen case organisation, and in turn:
complete practical processes autonomously and with a high degree of accuracy, coordination, and proficiency in often complex and unpredictable situations
consistently use a full
range of exceptional
technical skills
consistently present
thorough research and
findings perceptively
authoritatively, and
appropriately.
Transferable skills
(10%)
This should include evidence of:
Written, verbal and electronic communication
Personal motivation, organisation, and time-management
Work demonstrates
limited or no ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
Work demonstrates
insufficient ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
Work demonstrates a
sufficient ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
Work demonstrates a consistent and confident ability to:
-communicate information, ideas, problems and solutions accurately and reliably utilizing relevant communication skills
-an ability to their learning and work with minimal or no supervision.
Work demonstrates a
Highly proficient ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
Work demonstrates a
Highly accomplished ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
Work demonstrates a
exceptional ability to:
-communicate
information, ideas,
problems and
solutions accurately
and reliably utilising
relevant communication skills
-an ability to manage
their learning and
work with minimal or
no supervision.
