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BSBMGT608 Manage Innovation and Continuous Improvement

Question

Answered

The purpose of this assessment is to assess the student in the following learning outcomes:

1.1 Establish strategies to monitor and evaluate performance and sustainability of key systems and processes
1.2 Undertake detailed analyses of supply chains, and operational, product and service delivery systems
1.3 Identify performance measures, and assessment tools and techniques, and evaluate their effectiveness
1.4 Analyse performance reports and variance from plans for key result areas of the organisation
1.5 Identify and analyse changing trends and opportunities relevant to the organisation
1.6 Seek advice from specialists, where appropriate, to identify technology and electronic commerce opportunities
2.1 Brief groups on performance improvement strategies and innovation as an essential element of competition
2.2 Foster creative climate and organisational learning by promoting interaction within and between work groups
2.3 Encourage, test and recognise new ideas and entrepreneurial behaviour where successful
2.4 Accept failure of an idea during trialling and recognise, celebrate and embed success into systems
2.5 Undertake risk management and cost-benefit analysis for each option or idea approved for trial
2.6 Approve innovations through agreed organisational processes
3.1 Promote continuous improvement and sustainability as essential to doing business
3.2 Address the impact of change and consequences for people and implement transition plans
3.3 Ensure objectives, timeframes, measures and communication plans are in place to manage implementation
3.4 Implement contingency plans in the event of non-performance
3.5 Follow up failure by prompt investigation and analysis of causes and manage emerging challenges and opportunities effectively
3.6 Ensure that learning from activities are captured and managed to inform future work
3.7 Regularly evaluate continuous improvement systems and processes
3.8 Communicate costs and benefits of innovations and improvements to relevant groups and individuals

Question 1: Describe the following methods of analysing and evaluating programs, systems and processes in an organisation to ensure sustainability in an organisation.

Question 2: Explain performance management used in organisations.

Question 3: Describe each of the following evaluation tools which can be used to measure performance.

Question 4: Describe the following continuous improvement theories.

Question 5: What does ‘organisational learning’ refer to? List at least six organisational learning principles. 

Question 6: Explain three methods you could use to inspire and reward innovative and creative ideas within an organisation.

Question 7: Read the linked Internet article below and answer the two questions.

Question 8: Read the linked Internet resource below on risk management and explain the following risk management concepts.

Question 9: Explain cost-benefit analysis. Outline the steps in cost benefit analysis method.

BSBMGT608 Manage Innovation and Continuous Improvement

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

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BUSM1080 Employment Relations

Task: You are the manager of an organisation and you must present a portfolio to a Board of Directors on what you know about employment relations.For this assessment you will create your own portfolio for an organisation of your choice. Your portfolio will be a document that you produce to demonstr ...

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HIST-2901 History of Technology

Students must use ONE of the following styles for citing their sources and MUSTIDENTIFY THE STYLE ON THE COVER PAGE: a. Chicago Manual of Style (Turabian) PREFERRED b. APA c. MLA 3. Depending on the style chosen, students may use endnotes or footnotes, but mustalso include a bibliography at ...

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Leadership

Supposing that your company would like to expand online business (focus on selling products online), but most of staff have been working more than 10 years and they familiar with traditional selling. They also lack of technology knowledge. Question for discussion; What changes (incremental or radica ...

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Paramount Travel

Task 4 (LO4, AC4.1, 4.2, 4.3) (approximately 1000 words) Scenario: You have recently joined as an assistant manager at Paramount Travel Hotel Park Royal, London. Assume that Paramount Travel Hotel has been experiencing a high labour turnover over the last three years. High employee turnover has been ...

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