Description

Assignment 2 – Innovation Audit (worth 50%)

Your Innovation Audit (worth 50%): Based on an organisation of your choice, and using inputs from a minimum of 3 relevant key personnel, you should prepare a report (maximum 7,500 words) that describes and analyses your findings under the following headings;

(a) A brief overview of the focus of study, the company and its entrepreneurial and innovation profile (Weighting = 5%)

(b) Application of the Innovation Pentathlon Framework (Weighting = 40%)

(c) Identification of the opportunities (process/product/service) the audit brings to your attention (supported by a clear business rationale) (Weighting = 15%)

(d) Identification of strategic, leadership and project management issues impacting innovation in this organization (Weighting = 15%)

(e) Strategic innovation recommendations (with specific goals and actions noted and their impact on organizational functions) (Weighting = 20%)

(f) What lessons can be learned from this audit? (Weighting = 5%)