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BM629 CW3 Assignment Brief (DL) JM

1. The document provides guidance for an assignment to demonstrate achievement of learning outcomes related to analyzing data sources to identify business innovation drivers and planning for innovation. 2. It discusses the importance of ongoing monitoring of technology and workforce data to understand their relationship as it changes over time. A variety of national and private data sources can provide relevant economic and employment information. 3. Preparing for the future involves defining goals and priorities, identifying possible and probable futures, and integrating planning steps to improve organizational performance over time. Knowledge transfer, cross-functional cooperation, and analyzing innovation capabilities and blockages are also important.

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Arif Khan
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0% found this document useful (0 votes)
110 views

BM629 CW3 Assignment Brief (DL) JM

1. The document provides guidance for an assignment to demonstrate achievement of learning outcomes related to analyzing data sources to identify business innovation drivers and planning for innovation. 2. It discusses the importance of ongoing monitoring of technology and workforce data to understand their relationship as it changes over time. A variety of national and private data sources can provide relevant economic and employment information. 3. Preparing for the future involves defining goals and priorities, identifying possible and probable futures, and integrating planning steps to improve organizational performance over time. Knowledge transfer, cross-functional cooperation, and analyzing innovation capabilities and blockages are also important.

Uploaded by

Arif Khan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment Brief Academic Year 2019-20

Report
Self-Reflection
12/21/2019

Name:

0
This assignment has been designed to provide you with an opportunity to demonstrate your
achievement of the following module learning outcomes:

1. Apply an evaluative approach to a range of business data, sources of information and appropriate
methodologies in identifying drivers of innovation within a business and its environments;

We can be confident that technologies and applications for digitalization and automation will
continue to grow. However, it is difficult to predict the nature of these advances, which have had
little effect on the U.S. workforce. It shows the need for ongoing monitoring and monitoring of
technology and workforce, and a better understanding of the relationship between the two. Such
analyzes rely heavily on data, and data sets and analyzes may need to be kept up-to-date as the
situation continues to change.
Today, there is a variety of data sets that contain important information about technology, workers,
jobs and the national economy. In particular, regional statistics agencies are the leading source of
national-level data on economic, employment, and citizenship levels for individuals and
organizations. Collaborative information is gaining momentum in other areas, both for the private
sector and for market researchers. These data range from "incidental" data, created and stored as a
result of digital transactions, to studies of the issues of a particular work or environment, as
measured by the knowledge, validity of the workforce at the work. All of these pieces of
information present advantages and challenges.
The organization gathers important economic and employment data to inform the workforce and
the changing workforce.
There are three national and national statistics agencies: the Bureau of the Census, the Bureau of
Economic Analysis (BEA), and the Bureau of Labor Statistics (BLS); The group's statistical
analysis offices are dedicated to specific areas or activities of the kind, such as the National Center
for Health Statistics (NCHS).
Agencies collect data through research on both households and enterprises, which provide statistics
on social media and aggregate at the national, national, regional, and local levels. the firm.
Organizations at these levels are summarized by the characteristics of the workforce, such as the
market and the market, as well as firm characteristics, such as size and age. Individual-level data
from home inspections will also be provided to the public in order to protect privacy and
confidentiality. The data collected and statistics generated from these studies are used to generate
key national economic indicators such as GDP (GDP), productivity, employment, unemployment,
and inflation.
In addition, state agencies will receive administrative data to cover a variety of topics and
activities, such as tax and business tax collections and documents related to other transactions or
retention. Key management data is leveraging Internal Financial Services and the Partnership
Security Administration, both of which provide statistics that provide valuable insights on
economic activity; most of this data is provided to the Census Bureau.
The Information Disclosure and Data Collection Act of 2002 regulates the confidentiality and
confidentiality of data collected by the three major census agencies of the groups that enable the
sharing of data. However, this law does not allow business tax data used by the Census Bureau to
be shared with BLS and BEA, thus preventing the access to this data in a successful way to
improve the quality of data. key indicators, such as GDP.
and enable new findings. Also, researchers need to monitor these organizations individually, and
may encounter data changes.
In recent years, some of the key management data has been created in the research community on a
timely basis. For example, Federal Research Laboratory Data Centers, funded jointly by the Census

1
Bureau and the National Science Foundation, allow research firms that have access to NCHS
statistics and statistics for statistical use; other agencies, such as BLS, are set up to access this
system. Studying shared-use data at the household and business level has been dedicated to
improving understanding of changing working conditions and changing the nature of employee-
employee relationships. The inclusion of these and other new resources for employees and
organizations is a great source of research

2. Analyse and illustrate how organisations and their leaders can successfully plan and prepare for
innovation;

The future is bright in this regard; According to Marsh, McAllum, and Purcell (2002, NA), "[g] it
creates a picture of the future that we can imagine in the present". All the actions and decisions of
the organization now affect its future. Therefore, the strategy, the structure and its implementation,
the people involved in the organization, the training that the organization provides to their
employees, the values that the organization provides, the policies that creating, deciding whether to
go global or not, the environment that this organization creates today is the future that management
wants.

The performance of an organization depends on what the organization intends to achieve in the
future, and in turn, it depends on the goals and objectives of the organization. Of course, the
performance of an organization depends on its future over time.

Figure 1 summarizes the planning steps to improve organizational performance. Each section is
described in the text. As this model illustrates, Integration should have opportunities to improve
organizational performance. This model is applicable to both new and existing companies in the
market.

"the priorities are identified, the main ones being separated from things that just drive ”. All the
work in this area makes it clear that the management knows where to go next.

Each action is a decision or decision made by the organization during this time, and its time is
ahead. Each of the following conditions is defined as one of the following: 1) what is expected,
what the organization wants to achieve, 2) what is possible, what is the future will occur but not the
future of the organization. and 3) the future may be, while the future may be less predictable but
more likely to happen.

2
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;

Innovations are the result of multi-tasking including developing, adapting, and delivering products
to end users (Bakir, 2016). Murphy, Perera, and Heaney (2015) define a critical activity as "a
concept developed and implemented as a guide to an organization, business, business or project"
(p. 209). In fact, creative management is the "unifying power of the manager or leader of an
organization, which enables the manager to create growth and profitability" (Yasini, 2016, p. 165 ).
There are two types of innovation: new products and innovations. Product changes or innovations
are the result of a "good result from the abundance of resources" (Murphy et al., 2015, p. 210).
Transformational change is defined as the “integration of forward-looking processes” (Murphy et
al., 2015, p. 210). The two types of work continue to define organizations in today's business
world.

New practices have developed over time, but innovation has been growing rapidly since 1990
(Walecka-Jankowska, 2015). Everett Rogers created a book in 2003, The Diffusion of Innovations,
on How to Spread Ideas to Organizations (Valente, Dyal, Chu, Wipfli, & Fujimoto, 2015). One of
the main criticisms of Rogers's article is that "new ideas and methods are spread through the
media's use of social media" (Valente et al., 2015, p. 89 ). Therefore, interpersonal communication
is an entity in the redevelopment process, and managers and leaders of creative teams need to be
able to effectively manage and leverage it to increase organizational success and success.

4. Actively engage in the identification of a new product/service for a chosen organisation and
identify the key activities required for its successful development;

Approaches to innovation
Empowerment in your business can mean introducing new products or improving your services,
services, or trends.
Analyze the market
There is no point in considering the updates in no time. To move your business forward, study your
market and understand how to increase your customers' profits. For more information on analyzing
your market, see the page in this guide for creative planning.
Identify opportunities for innovation
You can identify opportunities for innovation by adapting your product or service to the way your
market is changing. For example, if you are an early adopter, you may want to consider reducing
the fat in your diets to apply to healthcare providers.
You can also grow your business by identifying a new product. For example, you can start
producing artists including food vendors.
You can innovate by incorporating new technologies, techniques or practices - using better
methods to improve product quality.
If the survey shows people spend less time in stores, you can cut down on your distribution, and
offer a home-based service to customers, which may be linked to the demand internet and
telephone.
If your customers' products are valuable, rather than risking the price you can adjust and adjust
your market to increase the quality of your sales - consider paying for them.
Planning innovation
Some creative ideas may come to you from blue. However, you should:
• innovate as part of your business strategy

3
• a strategic perspective on how you want to grow your business - if you decide on your time to
monitor the features of your business, you can focus on your goals in the most important areas.
Innovation not only helps your business succeed in staying alive, but it also helps to grow and drive
profitability. There are several types of assessments that may be of interest to you:
Evaluate the competition
Find out who your competitors are and what their roles are. Use the Internet and media sources
such as landing pages to discover their products, costs, and organizational culture. This will allow
you to generate information about your purchases, as well as any features you can use.

5. Conduct an innovation/organisational development audit appropriate for the introduction of the


new product/service.

The desire to understand and manage innovation seems to be widespread in business. Managers
began to report some time ago (Van De Ven, 1986) that management in innovation was the key
factor in managing their companies. Also, a study by Arthur D. Little of 669 global leaders
conducted in the late 1990s stated that "less than one in seven leaders is believed to be highly
committed to and they derive business values from Abuse ”(Tucker, 2001). Despite this, innovation
is a more strategic challenge than e-business, and moreover, (Pricewaterhouse Coopers, 2007).
Managers are not the only actors who have great influence on innovation, however, it is important
and helpful to pay attention to what new leaders think about innovation, which has set them apart.
key principles and strategies for organizations, the management of their resources, their effective
designers for discussion and action within the organization, and they analyze ideas, information
and ideas based on them. external sources such as academic research results, governments and
scholars (Storey and Salaman, 2005).
Research on creative management has not been found to provide clarity and consistency with
managerial recommendations, as the concept is often unheard of in terms of performance (Tidd,
2001). As a result, researchers have entered into their own ideas with the various researchers and
entities that have tried to develop such models (European Foundation for Quality Management,
2005), which are examples of aspects of the innovation management program (Tidd , 2001) is a
linear model for regression modeling. process (Adams et al., 2006) is intended to guide
management research on new topics across the entire field. In this regard, research on creative
project management has only begun (Tidd et al., 2001).Despite a widespread view that innovation
is complex and unmanageable, leading managers think it can be managed, as do authors such as
Tidd, Bessant, and Pavitt (Tidd et al., 2005). In this sense, the management of innovation integrates
the management of the innovation process on one hand (Lundvall, 1992), and the management of
influences (Dankbaar, 2003, Van De Ven, 1986) on the other.

4
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