Posted: February 7th, 2015

Innovation

Innovation

Project description
Post Module Assignment

Compulsory Question 1 (upto 1000 words only)

Part 1) Reflecting on your StratSim experience; highlight your firm’s major strengths and weaknesses. Further, in what ways would you improve performance if you were

to take part in the challenge once again?

Part 2) Reflecting on your team’s performance during the LegoMindstorms AutoConvoy Challenge, suggest what went right and what went wrong? What are the three major

take aways for you from this experience?

Answer ONE of the following questions (upto 3500 words only)

1) In today’s economic environment, organizations are required to create differentiable value. To do so requires a certain synergy between strategy and innovation.

Clarify the link between ‘strategy’ and ‘innovation’. Explain how a proper balance can be achieved between strategy and innovation. Identify gaps in your organization

and suggest measures to overcome these taking into account socio-political-cultural barriers to change.

2) Describe an innovation in your organisation, (any kind of innovation: product, process, organisational procedures, rules), which succeeded or failed; trying to

identify:

a) the nature of innovation (performance improvement, combination, analogy, abstraction);

b) the functional space (i.e. what the particular innovation was aimed to deliver to its users, what was it for, in general and abstract terms);

c) the space of possibilities (i.e. all possible solutions to all functions identified in the functional space);

d) the main obstacles and resistance to innovation;

e) the strong and weak ties that were activated by actors within and outside the organisation in order to generate, support and implement the innovation;

f) whether organisational solutions were used in order to sustain both exploration and exploitation (i.e. search, trial and error, acceptance of mistakes vs.

commitment, freezing of specifications, efficiency).

3) Select a market in which a disruptive innovation has emerged. Describe the innovation and explain why you feel it was disruptive. Assess the responses of the

companies trading in that market to the arrival of the innovation. What factors influenced these responses? How well does your example follow the model developed by

Christensen? What can be learned from any deviations from this model?

4) What is Innovation 2.0 and how is it different from Innovation 1.0? How can your organization use the methodologies, tools and techniques of Innovation 2.0 to

bolster its innovative capabilities and capacities? Select and discuss two case studies where organizations similar to yours successfully deployed an Innovation 2.0

agenda to deliver better customer experience or services, developed new products / services, benefited from building new brand equity or understood their customers’

needs better.

5) Public Sector Innovation has similarities, but substantial differences, with the private sector. To be a successful public sector innovator it is key is understand

these differences and work effectively within them. In the UK as well as most other economies, public services face a key challenge of improving service quality as

well as lowering delivery costs. A range of routes to innovation exists. You should consider a public service from the UK (or any other country around the world) that

could be redesigned to improve quality. Choose a specific service innovation that can generate specific, substantial and identifiable benefits as well as challenges.

Thereupon, consider that you are an external consultant who has experience in designing innovative public and private services. You have been seconded to a selected

government department to assist in making change occur. Think about how you would effect change in that service to make it address the service quality and delivery

cost narrative.

Word count: 3500 words maximum

Guidelines

1) Describe first your approach to answering the question. This should include your concise interpretation of the question’s requirements and the ensuing structure of

your responses.
2) Carefully follow the Harvard style of referencing for in-text citations and bibliography.
3) You are encouraged to use published statistics and other high quality material as a basis for your propositions. Blogs, wikis and other user generated web based

content would not be considered rigorous.
4) Ensure that each section / heading / sub-heading in the assignment is well linked to the previous and the next section / heading / sub-heading – abrupt transitions

must be avoided.
5) Demonstrate clarity of thought through high quality expression – avoiding oxymorons, tautological phrases, syntax, grammar and other gross errors of language. Avoid

the first person (depersonalize). Proof read carefully prior to submission.
6) Refer to templates and other formats discussed in the class.
7) Do have a strong concluding section which highlights key findings, your recommendations, what further work may need to be done and any limitations of understanding

arising out of your analytic approach.
8) Keep the assignment, ideally, at or just under 4000 words.

for the first question you could call me anytime or leave it for later to explain.

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