Facilitating Innovation and Organisational Change for Business Entities

Task

1.Facilitate innovation and organisational change in accordance with a business entity requirements.

2. Apply business knowledge to facilitate innovation and organisational change in accordance with a business entity requirements.

3. Engage stakeholders for an efficient and effective contribution to innovation and organisational change

The key requirement for this task is for the learner to:

a) Identify a business problem or challenge that exists within their selected New Zealand or Global business operating in New Zealand in relation to product, service, process, technology or system

b) Research and identify a potential creative and innovative solution that will convert that problem/challenge into an opportunity for the organization. 

Research, evaluate and provide a detailed description of your chosen organization: you must include at least 5 key elements to describe the organization, for example, its history, size, functions, business environment, products/services, markets. 

3.Provide detailed analysis of 1 business problem or challenge facing the organization and its significance for the organization’s future. LO1c 

4.1.Provide evidence of at least one (1)  type of innovation and must be related to a product, service, process, technology , or system .

4.2 Provide a detailed description of an innovative idea/solution and how it will resolve the problem/challenge. The Innovation must be described as one of breakthrough, sustaining, disruptive or basic research. 

5.Discuss how business knowledge is applied to implement the innovative activities for all of the following 5 areas (principles and practices of) operations; accounting; sales and marketing; human resources and risk management.    Full and correct references must be provided for the sources used.

6.1.Strategic level changes required in relation to either a structure, system, technology, culture, human resource or organizational goal in order to achieve the innovation. LO1b  6 marks.

6.2.Discuss  which type of change your example falls within (radical change, linear incremental change, and non-linear breakthroughs).

7.1Assume, the role of a team leader tasked with the responsibility of driving and implementing change. Outline 3 strategies that the management can use to create a culture of innovation within the organization in order to ensure ongoing innovation within the organization.  These strategies should include development of motivational skills-both of own and others, during innovation and organisational change.

7.2Provide evidence of analysis and justification of how Self and others are motivated and developed to improve employee engagement and productivity to contribute to innovation and organisational change within the business entity (of motivational skills – both of own and others during innovation and organisational change. 

8.You must use correct referencing style throughout the report. At least 5 academic journals and at least 2 books must be consulted and referenced.