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Innovation Audit of Selected Organization: Past, Present, and Future

Question:

1.This assignment must be submitted electronically using Blackboard by 2pm on the submission date

2.To submit electronically you must upload your work to the e-submission area within the Blackboard module concerned. Simple instructions are provided within the module.

3.Please do not attempt to submit assignments direct to lecturers as this is not allowed and will result in a non-submission being officially recorded

4.You will receive a digital receipt as proof of submission. This will be sent to your Bucks e-mail address; please keep this for reference.

5.You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment you are acknowledging that you have read and understood these regulations.

6.Late submission within 10 working days of the deadline will result in the mark for the assignment being capped at 40%. Beyond this time the work will not be marked.

7.You are reminded that it is your responsibility to keep an electronic copy of your assignment for future reference.

For your first assignment you are to produce a 2000 word written report. You are required to identify an organisation of your choice, ideally based in the market sector or industry where you hope to start your professional career. You should then conduct an innovation audit that examines the organisation’s past, present and future innovation activities and capabilities.

Apply an evaluative approach to a range of business data, sources of information and appropriate methodologies in identifying drivers of innovation within a business and its environments;

Analyse and illustrate how organisations and their leaders can successfully plan and prepare for innovation;

Critically discuss the importance of organisational knowledge, knowledge transfer and cross functional co-operation in order to analyse and assess innovation capability and blockages;

Actively engage in the identification of a new product/service for a chosen organisation and identify the key activities required for its successful development;

Conduct an innovation/organisational development audit appropriate for the introduction of the new product/service.

You are to identify an organisation that will ideally be in the market sector you wish to work in once you graduate.

In this first assignment, your task is to conduct an innovation audit of the selected organisation to examine the organisations innovation history; the present level of innovation activities; and future innovation requirements.  The audit will factor in wider macro and competitive environment factors as well as upstream and downstream supply chain participants.    

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