Innovation Management Plan

2500 words

Choose an organisation

Research the hot topics about innovation related to this organisation

Then develop an innovation management action plan based on these criteria:

Cover page

Executive summary

Table of contents

Introduction

• Discuss 3 hot topics about innovation related to your organisation (10 marks)
• Develop an idea for an innovative product or service based on the goals and portfolio management for the organisation (10 marks)
• Discuss how your innovation will be streamlined with the organisations current capabilities (10 marks)

Body of report

• Design thinking about your innovation- include a diagram depicting the innovation (10 marks)
• User involvement (10 marks)
• Fast integration- time, costs, resources (10 marks)
• Prototyping and testing capabilities (10 marks)
• Cross functional management (10 marks)

Conclusion (10 marks)

• Discuss future innovations that might affect your innovative idea

References (10 marks)

• At least 15 needed with the majority being 2014-2015
• Harvard format
• Must include a range of references- books, articles, websites

Appendix