Highlights
Case Study:
Mr Johnson is the chief innovative officer (COO) of a mobile company in Sydney. A core component of his role as CIO is to predict, plan for and implement necessary changes to the product of the company. The company was pioneer in mobile phone industry and have gained significant installed base. Its products were popular among many customers for its reasonable price, quality, and efficiency. However, over the recent years, many other companies have emerged with more innovative components incorporated in products which has attracted their customers and increased the competition in the market. In addition, the change in the CEO of the company and his decision over the years had impacted product development and sale. This company is slowly losing its position as pioneer in mobile phone industry and its market share is decreasing rapidly. This has frustrated employees of this company, especially of research and development (R&D) who had overtime developed a level of expertise and experience in developing and deploying their pioneer products in the market. Adding to frustrations, the employees have had to watch other mobile companies offering similar products become more and more successful! Some good news is on the horizon, however. The government has decided to invest in technological innovation and a considerable sum of money is available to those companies who can demonstrate their ability to incorporate technological innovation in development of their product. This initiative is considered critical for this company as it would provide the company with much needed financial support. In addition, this is a good opportunity for the company to regain its position in the current market trend. Knowing this, Mr Johnson and his team is very keen to secure access to some of the promised investment capital. However, he is aware that to receive any money from the federal government, he must demonstrate his company’s ability to innovate. This innovation should be linked to technological innovation and disruptive technology.
Assessment Details:
You need to complete a research report, investigating the feasibility of an innovation strategy for theexample case presented above.
As part of this report you will need to:
• Identify and discuss internal and external factors facing the organisation and conduct athorough analysis of the current condition of the organisation by using three of the following different strategic analysis frameworks (Porter’s five forces is compulsory).
Report Structure:
It is suggested you use the following sections and headings to structure your research report.
• Report preliminaries: Title page, executive summary, table of contents.
• Introduction: Outline the nature of the industry applicable to the case study company.
Provide a brief description of the case and purpose of the report.
• Body: Present theoretical/conceptual research justifying the need for organisations to
consider their external and internal environment. You will have to analyse three different
strategic analysis frameworks to assess the current condition of the organisation. Porter’s
five forces is compulsory. Present findings of research into factors affecting the company
described within the case study. Discuss implications of these findings to present three (3)
opportunities to innovate (using theoretical/conceptual evidence to support opinion).
Choose the most favourable innovation option and describe in detail (including a plan for its
implementation and means by which to monitor and control once implemented).
• Conclusion: Link the arguments presented in the body to form sound and logical
conclusions :
• Recommendations: In line with conclusions, offer specific recommendations designed to aid
in achievement of the selected innovation initiative.
Report Structure:
It is suggested you use the following sections and headings to structure your research report.
• Report preliminaries: Title page, executive summary, table of contents.
• Introduction: Outline the nature of the industry applicable to the case study company.
Provide a brief description of the case and purpose of the report.
• Body:
Present theoretical/conceptual research justifying the need for organisations to consider their external and internal environment. You will have to analyse three different strategic analysis frameworks to assess the current condition of the organisation. Porter’s five forces is compulsory. Present findings of research into factors affecting the company described within the case study. Discuss implications of these findings to present three (3) opportunities to innovate (using theoretical/conceptual evidence to support opinion).Choose the most favourable innovation option and describe in detail (including a plan for its implementation and means by which to monitor and control once implemented).
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