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Sample way to write the simplified model of the innovation process in order to show how the company can actively engage in the identification of a

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Added on: 2024-11-21 10:00:59
Order Code: SA Student Magzoub Management Assignment(10_23_37742_635)
Question Task Id: 497246

Sample way to write the simplified model of the innovation process in order to show how the company can actively engage in the identification of a new product or service

Here we shall apply the simplified model of the innovation process as follows :Search ( simplified model of the innovation process )

Here we shall propose that the organization needs to search for the proper innovation to carry out, one area of operations that the company can search in, is its drivers of innovation as they have already been defined as the most significant innovation prospects/potential.

The main areas of drivers of innovation include 1- accidents due to battery leakage 2- better advertising 3- regulations, that have already been mentioned. This is similar to the questioning part of the innovators dna model(justify why )

Select

Here selection of one innovation needs to take place, as no company has unlimited resources. To that end, we must focus innovation efforts on innovation to be selected. Out of the three previously mentioned innovations, we propose that the one having to do with regulations is the most important one to innovate for because(explanation ) ..(----,------)- harvard ref

Implementation

In order to implement a innovation for the regulations driver of innovation, we shall carefully examine the regulations driver of innovation. since Samsung was breaking the consumer protection laws, we propose creating a new legal department that will carefully study the laws, and outline specific ways that the company needs to better adhere to the law.

Get creative!

Capture

There are multiple ways that the organization can capture the benefits/progress of the innovation. some criteria that can be used to audit the progress of the innovation include

Growth criteria did this innovation help the company to grow

Vigilance we should be evaluating how vigilant has the company become

Commitment 0- we should be evaluating how much the company has grown in commitment

example (suppose my company is Microsoft )

Search Microsoft needs to search within its driver of innovation and/or other problems in order to properly innovate the main drivers of innovation that Microsoft needs to look into include regulations, accidents, and advertising . the company can also look at the industry for additional opportunities of innovation. It can also ask customers or employees for potential innovation ideas

Select- show SOMEHOW which of the drivers of innovation is the most important one that Microsoft has to innovate for

Assume that you showed that regulation is the most significant one to innovate for

Ie. Microsoft needs to select the regulations driver of innovation to innovate for , out of the three proposed ones since this issue can potentially cause a shut down of the operation of the company, as governments have the power to limit the function of Microsoft with lawsuits, and additional legal actions.

Show creativity in how you have selected the innovation

Perhaps show research ???Work on showing why the chosen innovation is the most important one, more then the other two.

Implement show how you could solve this issue with the regulations be technical and detailed

Be sure that the solution that you give actually solves the initial problem

Microsoft should hire a team of legal experts that can advise Microsoft on consumer protection laws, how to meet them and how to meet current and future government criteria.

Research how others have solved the issue?

Capture

Here Microsoft needs to capture the benefits of the innovation by reviewing the extent of how success it was at the innovation process. The following criteria can be used to evaluate the success of the innovation to be able to carry out the innovation audit

Was there growth in the organization as a result of this innovation ?

Was the company vigilant during the innovation process?

Was there commitment to technology during he innovation process ?Here you are providing a blue print or a template of the kinds of questions that your company can ask to check if the innovation was a success

And /OR APPLY

If doing PDCA, show Planning, Doing

Plan show a proper way to plan for the innovation, may be show how the company can plan for ONE innovation from amongst the drivers of innovation

Do- show a way to do the innovation, be technical in your explanation of the innovation solution

Checking is the same thing as capturing (from the simplified model of the innovation process )

here you have to suggest how to check if the innovation went well or not

Give some criteria of success/questions to be asked that will help the innovation leaders to judge if the innovation was a success or not

The following criteria can be used to check on the success/progress of the innovation

Did the company gain a growth orientation as a result of the innovation?

Did the company become more vigilant as a result of the chosen innovation ?

Was there commitment to better battery technologies as a result of this innovation ?

Acting

Suggesting how to better the innovation process in the future

Example about Microsoft

Plan show the best way that Microsoft can plan for innovation , by looking at its drivers of innovation and suggesting which one to do an innovation for

By the end of the planning process, you have identified what innovation you want to carry out

Doing- show how Microsoft would execute- means to apply in real life -the chosen innovation (by this point , you know what innovation you are doing )

Suggest how to check the benefits of the innovation exactly how you suggested how to capture (simplified model of the innovation process )the benefits of the innovation

Microsoft can act on the innovation to improve it by . Mention how the company can iporive the innovation for the future

Application of the models to fulfill two learning outcomes

(learning outcome 1 )Actively engage in the identification of a new product/service for YOUR chosen organisation and identify the key activities required for its successful development;

Theory/MODEL 1- Simplified model of the innovation process: we are applying (search, select , implement, capture)

Theory / MODEL 2 PDCA- Plan , Do , Check, Act

Searching (coming from the simplified model of the innovation process )

Related to the Planning aspect of PDCA

Here discuss how /where to search

Then simply say this step of the simplified model of innovation is related to Planning (PDCA)

You can suggest that the company looks to the drivers of innovation for possible innovation ideas ( Remind me of what those drivers of innovation were, name them. Watching others due to competition, accidents in software.)

The company can also look at the competitors

It can also get ideas from staff

EtcSelecting (coming from the simplified model of the innovation process )

Here suggest which of the drivers of innovation ought to be selected to be executed

Show reason why this is the most important one

Has to be related the online retail activities of the business

Relate this step also to planning from PDCA

Implementation of the chosen innovation (coming from the simplified model of the innovation process )

Here you will outline the solution/innovation to the issue (driver of innovation ) you have chosen in previous selecting step

Be creative

Research how others are doing this

May be give the innovated solution an innovation category ??Relate this to the Do aspect of the PDCA model of innovation

Capture

Suggest ways to evaluate the innovation

Based on the slides shown, suggest a series of questions/assessment criteria that can be used to judge if the innovation was a successful one or not

This is related to the Check aspect of the PDCA model

Still have to cover the ACT aspect of the PDCA

Act on the innovation means to work on it to improve it

Here suggest way to correct problems in the innovation if they were to appear

For example

If there was little in the way of growth orientation for the company, then the company can carry out better marketing for its new product

If the innovation process was not vigilant enough, then a new quality assurance department could be created in order to ensure tha the innovation adheres to relevant guidelines

The more innovation / company specific this section is, the better your grade

You can do this by :Applying the simplified model of the innovation process (

search give details on how and where the company needs to search for innovation (one place to look would be within the drivers of innovation ) / problems that the company is having now

here you are discussing how the company should search for innovation

this is a big pool of issues that your company can look into when trying to figure out what to innovate ( perhaps current industry trends )

this is related to the planning part of the PDCA model of innovation

select- give details on how the company should select an innovation and on what basis for example call the selected innovation Innovation A

show that the selection of the innovation would be based on the most problematic issues that the company is having (must be related to the issue of the businesses online retail activities )

show creativity in how you choose the most problematic problem to solve

This is still related to the planning part of the PDCA model of innovation

May be researchand prove which one is the most important one to innovate for??

If your company is having problems with its ecommerce web sites maybe find research that shows that the growth of online retail in yoru companys industry is vastly growing

Implementation (solution ) give an idea of how to implement or execute the selected innovation - Innovation A

Here you only give the implementation for one of the drivers of innovation the one chosen in the select stage

Give technical details on how to implement the selected innovation (Innovation A)

show creativity in the solution that you give / research how others have solved the same issueetc

This is related to the DOING part of the PDCA model of innovation as it is here that the company does the work needed to get the innovation done

May be outline how other companies this, and suggest an innovation path

At this point, you have actively engaged in the identification of a new product or service

(learning outcome2 ) Conduct an innovation/organisational development audit (review ) appropriate for the introduction of the new product/service.

Here we apply what is left of the models

Simplified model of the innovation process- apply capture

PDCA- apply checking and acting s

(here you are proposing a way to check if the innovation was good or not )

Here apply the act/check part of the models

(capture the benefits of from simplified model of the innovation process )

(Check - From the PDCA model of innovation )This is how you can capture the benefits /check

Pages 15/16 week 6 notes,

Turn those tables into questions that can be asked about your innovation process

For example

Was there growth orientation in the innovation process?

Suggest how to ACT on the innovation (from PDCA)

If any of the criteria from the capturing part/checking part described above failed, then suggest how to act on the innovation to make it better

Describe how to act on the innovation, resolve the problems with the innovation

Suggest how to do that ! in a small paragraph

Suggest how to redesign the innovation in a few sentences to fix it

How you manage application of what models to use is up to you, and how many models to use is up to you

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