12

docx

School

University of New South Wales *

*We aren’t endorsed by this school

Course

SITXFSA002

Subject

Management

Date

Nov 24, 2024

Type

docx

Pages

Uploaded by DeanAntMaster1113

1. Introduction:  Briefly introduce the company you have selected.  State the objective of the analysis and the importance of innovation for the company. 2. Company Overview:  Provide a detailed overview of the selected company.  Highlight its industry, market position, and major products or services. 3. Internal and External Analysis:  Use SWOT analysis for internal factors:  Strengths: Identify internal strengths that can support innovation.  Weaknesses: Analyze internal weaknesses that may hinder innovation.  Use PESTLE analysis for external factors:  Political, Economic, Social, Technological, Legal, Environmental factors.  Identify how these external factors can impact innovation. 4. Selected Innovation Types:  Discuss various innovation types studied in the course and independently researched.  Choose three specific innovation types to focus on.  Explain each innovation type and its relevance to the company.  Discuss potential benefits and challenges associated with each type. 5. Innovation Networks and Ecosystems:  Explore regional and international innovation networks and ecosystems.  Explain how the company can participate in and benefit from these networks.

 Discuss potential collaborations, partnerships, or alliances. 6. Managerial Implications:  Summarize the key findings and insights.  Discuss the managerial implications of the analysis.  Provide recommendations for the company's innovation strategy. 7. Illustrative Canvas:  Create a one-page canvas to visually represent the selected innovation strategy.  Use graphics, diagrams, or charts to illustrate key points.  Include components like key activities, resources, partners, and value proposition. 8. Conclusion:  Summarize the main points discussed in the report.  Reiterate the importance of innovation for the company's future success. 9. References:  Cite at least 5 business and applied literature sources.  Follow the Xamk referencing guide for proper citation. 10. Compliance and Ethical Guidelines:  Ensure that the report adheres to Xamk's ethical guidelines.  Avoid plagiarism by citing all sources correctly.  Use the provided XAMK template for the report. Remember to customize the report based on the specific details of the company you have selected and the information gathered from independent research. Good luck with your assignment!

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