WRITING YOUR ASSIGNMENT:
· Formative elements of this assignment require group work; however, written elements, forn submission to assess learning on the module, must be completed individually.
· You must use the Harvard referencing system.
· Your work must indicate the number of words you have used. Written assignments must not exceed the specified maximum number of words. When a written assignment is marked, the excessive use of words beyond the word limit is reflected in the academic judgement of the piece of work which results in a lower mark being awarded for the piece of work (regulation 6.74).
· Assignment submissions are to be made anonymously. Do not write your name anywhere on your work.
· Write your student ID number at the top left side of every page.
· Where the assignment comprises more than one task, all tasks must be submitted in a single document.
· You must number all pages; the page number is to be inserted at the top right side of every page.
SUBMITTING YOUR ASSIGNMENT:
In order to achieve full marks, you must submit your work before the deadline. Work that is submitted late – up to five working days after the published submission deadline - will be accepted and marked. However, the element of the module’s assessment to which the work contributes will be capped with a maximum mark of 40%. Work cannot be submitted if the period of 5 working days after the deadline has passed (unless there is an approved extension). Failure to submit within the relevant period will mean that you have failed the assessment.
Task 1 (LO1, LO2): Entrepreneurship and innovation leadership
Critically analyse and evaluate entrepreneurship and innovation leadership in the three organisations selected by, or allocated to, the group. (30 marks)
Guidance: In completing this task, you may wish to research each of your three organisations using a range of sources. Searching for source material may be initiated from Google, Google Scholar or EBSCOhost (accessed through ARU Library).
Task 2 (LO3): Entrepreneurial opportunities
Propose and critically evaluate contextually appropriate entrepreneurial opportunities.
While your answer to Task 1 largely focusses on each organisation’s history and its current position, the answer to Task 2 should focus on each organisation’s future. For each of your three organisations, you should propose and evaluate one or more entrepreneurial opportunities that would ensure organisational sustainability or growth. You may use stages in a defined entrepreneurial process model to underpin your discussion.
Select and justify one entrepreneurial opportunity, from those discussed at Task 2, and discuss a possible implementation plan for the related organisation.
You may use any methodology to rank or recommend from the identified entrepreneurial opportunities. One approach is the SAFe framework (Johnson et al. 2014).
With regard to entrepreneurial action, it is important to appreciate that this is largely about organising and combing resources (e.g. human, material, financial, intellectual, etc.) using competencies (e.g. intellect, skills, knowledge, technology, experience, etc.) (Tidd & Bessant, 2018). Therefore, you need to outline the resources and competencies required to action the entrepreneurial opportunity; You then need to outline whether the resources are available within the organisation or are within the reach of the organisation. Finally, you need to discuss the organisation’s capability and competency to organise the resources.