ENGT5219 Engineering Business Environment
According to the learning outcomes for this module, this assignment will demonstrate that students can:
1. Exhibit a comprehensive understanding and sound judgement in developing proposals and solutions to reduce the impact of organisations as they seek to respond to these risks
2. Apply a range of advanced technical, academic and professional skills to evaluate and critically reflect on current trends in engineering for sustainability such as lifecycle analysis, green accounting, carbon trading, and risk assessment.
Tasks to be undertaken:
The UK government’s Industrial Strategy describe a partnership between government and the private sector to build the foundations of a strong economy, which are the skills of its workers, the quality of its infrastructure and a fair and predictable business environment. The strategy aims to foster innovation and identifies four ‘Grand Challenges’, one of which is clean growth.
1. Choose a business or business type and identify the threats to that business from:
• Climate change, and
• The policy and regulatory framework designed to mitigate climate change
2. Familiarise yourself with innovation theory and briefly summarise the following:
disruptive innovation, incremental innovation and game changing innovation
3. Considering the products and services of the business you have identified above, write a management report that recommends one or more disruptive innovations that will address threats to the business from climate change. In your report, consider the following questions:
• Who will be the early adopters of your innovative products and/or services?
• How will your innovation lead to reductions in greenhouse gas emissions?