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1. Evaluate overall context for individual and collective innovative thinking and creativity
2. Research and analyse specific conditions for innovation and issues that impact on individual and collective innovative thinking
and creativity
3. Research and review innovation drivers and enablers 

Business Background

This report starts off with projection of the management of the Sim’s Hardware. Sims’s hardware is one of the hardware supplying organization and is located in Australia. This report will provide us the basic introduction of the business organization. This report will also provide us with the tools that must be implemented in order to project the commencement of the delivery of the Hardwar system. Business background

Sim’s Hardware is an Australian based organization which deals of supplying of hardware throughout the country. Despite the fact that this organization is present in this sector for a long time, the main issue that has been arising is that the management of the data prosecution will be done with the help of the obsolete technology. This usage of the obsolete technology has been resulting to be one of the major reason for failure of the business organization to succeed. This is one of the main reason that employment of an innovation manager

Current position of the business organization is not very good and the problem it is facing are as flows: -

  • Current positioning of the business organization is not very good. The aspect that proves the fact that they are not running as per the requirements of the modern day business organization. This leads to the fact that the results that were estimated form the business organization was not at par with the management of the business organization. The main issue that has been distorting the balance of the entire system. The aspect that the technology that is being used by the business enterprise is out dated and this results to the fact that the management of the project that are undertaken by the Sim’s Hardware is not very well maintained.

The innovation tools that must be implemented in the processing of completion of business management system of Sim’s Hardware are as follows: -

In this technology the process that is used incurs the usage of the 80% ides that regenerated during the ideation session. This leads total facts that the ideas and concepts that are found by other business organization and are implemented are copied and implemented. This process requires proper analysis of the requirement of the business organization that implements the process initially.

In this case the terminology that is prosecuted are well analyzed. After analyzing the requirement of the business organization, understanding of the technology that is in trend is analyzed. After analyzing the technology trend, the best technology is selected as per the requirement f the business organization. After selecting the technology that will be implemented, investment is needed to be made and this helps in better management of the business organization.

Implementation of mind maps, deal with the customers who will be aiming for the project commencement. In case of mind map it is also taken into consideration the products that is needed to be sold. This report will also discuss about the offering that will be added by the business organization in order to commence the business management. This mapping will also help in understand whether the business terminology that is implemented is profitable or not.

With the help of the Analogy card process, the main instance that will be taken into consideration includes the fact that Sim’s Hardware can take ideas from other hardware delivery organization and implement the same in accord to have a better efficiency. This implementation strategy that is used by their successful firms will give Sim’s Hardware a better and efficient business management.

With the help of the trend and technology marking Sims’s Hardware can select a technology can select a technology that will help them in expanded their business. In this case the application of Internet of things in the processing and completion of their business administration is taken into consideration. With the assistance of the employment of the internet of things the main advantage that will be enjoyed by the Sim’s Hardware is that prosecute of the business administration will get very efficient and the marketing of the product that is dealt with will get popularized.  This will lead to the fact that the management of the project will get easier. Another aspect that must be considered includes the fact that the connectivity among the higher a8thority and the lowest scale f employees will increase.

Problems

With the implementation of mind maps the main advantage that will be enjoyed by Sim’s Hardware is that the business organization will find it easy to understand the scope of the business management and this will help in understanding of the communication business plan. Mind map will also help in understanding the client base pf the product. This will help in better understanding off the project management and this is the sole reason that the commencement and this is the solitary reason that the business management will be performed with better efficiency.

The style that is feel must be incorporated for having a better technology of the project is implementing of internet of things in the business management process.  This implementation of the business management process includes the fact that the commencement of the business will incorporate the latest technology (Whitmore, Agarwal and Da Xu 2015). This incorporation of the latest technology will help in overcoming the loss that the business organization have been suffering from. With the benefit of the operation of the internet of things the main instance that is to be fulfilled the main essence that is to be projected includes the fact that the process gets completed as the implementation of Internet of things will include deployment of artificial intelligence in the field of delivering of the hardware products.

Leadership model that can be implemented in this project of Sim’s Hardware are active leadership and Passive leadership. In this case I feel active leadership is required. In case of implementation of the passive leadership I will not be able to lead the entire troop. In case of the implementation of the passive leadership, the employees of the business organization takes the charge to lead the business management but due to the fact that the connectivity that is provided after the implementation of the internet of things, It gets easier for the management to take a lot at the entire business. This is the reason that the implementation of active leadership is necessary. In case active leadership is implemented in the business enterprise, I will be leading the entire employee base as the entre technology that will be implemented is new to the employed it will get difficult for the employees to handle the new changes that are brought in. in this case proper guidance is required for better commencing of the project. This guidance can be provided by me and hence active leadership is important in this project. Another example that can be taken into consideration includes the fact that the management of the entire system will get processed by me and the data that are to be analyzed will get analyzed in a proper manner. The example of better management of the project also includes the fact that the management of the project gets commenced with the help of the management of the technology that is newly implemented.

The risk that are contemporary in the development of tradition of Internet of things in the dispensation of the business organization includes the aspect that facts which are transacted with the help of the internet of things can be accessed. This illegal access of the imposters will cause harm in the business management of Sim’s Hardwar. In case the data that are being transacted are lost the entire business functionality gets distorted. This is considered to be one of the major risks that are present in the management of the business.

Innovation Strategies

For better communication implementation of internet of things must be done. With the assistance of the application of the internet of things the main advantage that is enjoyed in the business management system is that the commencement of the business is very well performed (Chiu and Wang 2013). With the assistance of the application of internet of things, the higher authorities can directly keep a track on the happenings of the business organization. This keeping track of the business helps the higher authority of the business organization. With the help of internet of things the employees of lower stature also stays well informed about the possibilities that are present in the course of management of the project.

A separate sector of employees must be recruited in order to bring in innovation in the business management system. This will increase the aspect of better management an in case the projection of the management is to be performed with higher efficiency proper training to the employees must be provided.  

Proper training must be provided in order to bring in innovation in the business organization of the management. In case the implementation of new technology is made but the employees of the organization is not well trained regarding the newly implemented technology it is obvious that the implemented technology will fail and this will lead to the circumstance that the administration of the project will not be achieved with the help of high efficiency (Zhang and Wen 2017).            

After providing proper training to the employees giving them tests will help I understanding the fact that whether they are prepared for the projection of the job or not. In case the results that will be generated as per the management of the system is at par they can be utilized for bringing in innovation and in case the results that are received are not well the employees are again sent back to training.

The only barrier that will be present in the business organization of Kim’s hardware is that the statistics that are stored in the database are not safe due to the implementation of the internet of things. The imposters can get a hold pf the data that will be present in the system. For overcoming this issue installation of firewall must be done (Haller and Magerkurth 2011,). With the implementation of firewall the innovation that is brought in will provide better systematic understanding and tis will lead ti the fact that the project commencement will be performed in a better manner          

Conclusion 

This report provides the conceptual understanding of the leadership qualities that must be implemented on order to get the job done in an efficient manner. This report also provides the terminologies that will be acting as the projection of the challenges and will be affecting the entire scenario in the curse of the management of the delivery system. This report also provides the mitigating theories that will be acting to be important for the better management of the delivery process. 

Behmann, F. and Wu, K., 2015. Collaborative internet of things (C-IoT): For future smart connected life and business. John Wiley & Sons.

Chiu, H.H. and Wang, M.S., 2013. A study of iot-aware business process modeling. International Journal of Modeling and Optimization, 3(3), p.238.

Haller, S. and Magerkurth, C., 2011, March. The real-time enterprise: Iot-enabled business processes. In IETF IAB Workshop on Interconnecting Smart Objects with the Internet(pp. 1-3).

Jia, X., Wang, J. and He, Q., 2011, October. IoT business models and extended technical requirements. In Communication Technology and Application (ICCTA 2011), IET International Conference on (pp. 622-625). IET.

Presser, M. and Gluhak, A., 2009. The Internet of Things. Connecting the Real World with the Digital World, EURESCOM mess@ ge–The Magazine for Telecom Insiders, 2.

Raza, U., Lomax, J., Ghafir, I., Kharel, R. and Whiteside, B., 2017, July. An IoT and business processes based approach for the monitoring and control of high value-added manufacturing processes. In Proceedings of the International Conference on Future Networks and Distributed Systems (p. 28). ACM.

Silva, E.M. and Maló, P., 2014. Iot testbed business model. Advances in Internet of Things, 4(04), p.37.

Whitmore, A., Agarwal, A. and Da Xu, L., 2015. The Internet of Things—A survey of topics and trends. Information Systems Frontiers, 17(2), pp.261-274.

Zhang, Y. and Wen, J., 2017. The IoT electric business model: Using blockchain technology for the internet of things. Peer-to-Peer Networking and Applications, 10(4), pp.983-994.

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[Accessed 29 February 2024].

My Assignment Help. 'Innovation Strategies For Sim's Hardware: An Essay.' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/bsbinn801-lead-innovative-thinking-and-practice/business-administration.html> accessed 29 February 2024.

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