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1- Create-by your own-a new set of indicators of South Korea Scoreboard (NOT mentioned in the European Innovation Scoreboard) that cause South Korea to have an excellent innovation plan in the world?

Category: Arts & Education Paper Type: Case Study Writing Reference: N/A Words: 1962


1-Based on the set of indicators for the European Innovation Scoreboard; I want you to do the following: (4 Marks).

1-      Create-by your own-a new set of indicators of South Korea Scoreboard (NOT mentioned in the European Innovation Scoreboard) that cause South Korea to have an excellent innovation plan in the world?

Here are the few indicators of south Korea Scoreboard that should be created and helpful in the innovation plan. The first is about high-quality education should be applied to the South Korea Scoreboard. For cultivating the minds of the scientists, engineers as well as engineers the president’s plan calls. Through strong innovators as well as in science sustained investment, engineering, technology as well as mathematics STEM education from all background engage the students. South Korea also has to focus on the technology as it’s the 21st century, so every country is developed and make innovation.

South Korea should also mad the indicator for innovative Entrepreneurs. South Korea will be the best place to start a new thing as an entrepreneur.

2-       How can Saudi Arabia get benefit from both European and South Korea indicators to create its own indicators?

According to the European Scoreboard in 2018 highlights the innovative performance that helps in improving the progress. Interactive tools of the European innovation Scoreboard allow for comparisons of custom performance scores. Country profiles visualize trends and weakness, relative strength as well as also indicators among the test correlations. As we talked about South Korea scoreboard, the R&D intensity grew by more than expected that the government of Korea didn’t expect this type of growth.

Saudi Arabia gets more help with both the Scoreboard of European and South Korea to create its own indicator for country development. Saudi should create its own indicator by seeing the other Scoreboard. Saudi should focus on the higher quality education and also bring innovation in their product. Saudi should not just rely on oil. The Saudi king should work on the development of the country.

 

3-      Based on both indicators of South Korea Scoreboard that you will figure in point 1 and based on European Innovation Scoreboard, suggest some indicators of Saudi Arabia Scoreboard?

The one indicator which I would like to suggest is that the Saudi king should focus on the new technology. They do not depend on just oil to create sustainable electricity. They should innovative methods to create electricity. They also focus on fossil fuels to generate electricity. The other thing which suggested is about high-quality education. In Saudi Arabia, there is no proper system for higher quality education.

4-      For each indicator that you write and suggest for Saudi Arabia in point 3; write the reason for choosing it?

The reason for higher education in Saudi Arabia is that there is a lack of education. The Saudi king also focuses on the education of women. Invest in the education industry and plan for the future engineers, scientist and researchers that bring innovation in the Saudi country.  Saudi also focus on other industry except for the oil industry. The whole country depends only on the oil industry so they have to focus on the other alternatives that are good for the future development of Saudi Arabia.

3- You have been appointed as the CEO of Saudi Electricity Company (SEC):(3 Marks).

A.    What are some of the sources of innovative idea that you want "Innovation Energy Incubator" at SEC to concentrate on and why?

As a CEO of Saudi Electricity Company, there are some sources of an innovative idea for the “Innovation Energy Incubator" at SEC is that;

·         Source of renewable resources

·         The benchmarking by the other companies as well as suppliers is also the source of innovation idea for the Innovation Energy Incubator

·         Established contacts with universities as well as with research centers like USP is considered as the source of innovation idea. 

·         Then contacted the researcher of the universities because they are his customers

·         Exchange of the information by the USP is the source of innovation’s

Because all these sources manage the operations as well as implementations for the external recruitments along with the strategies of the internal selection policies. And the process that ensures the vacancies to filled the effectively as well as timely manner by the implementing and developing the programs to recruit, select as well as attracts the human rescores which is required to achieve the business objectives. The Innovation Energy Incubator will serve the different activities of the SEC aligned by five-strategy domains;

·         Energy efficiency

·         Smart uses

·         Stability of system

·         Reliability   of systems 

·         Environment safety

The idea can be obtained by the investors, both public and private investors are equally invited to share their interest in the project. The discussion and analysis of the project after showing interest will get more attraction in the project and they will access the best proposal. On the other hand, most of the investors will tend to go in a different way to find efficient, effective, and reliable designs that can be implemented for the designed framework. The team members of SEC could generate concentration on the public and private investors and they will assist in generating better options for financing and this process is an integral part of the project that gets more success.

Incongruity is another source that can be obtained by SEC search related to the alternative sources of energy and these processes are not provided to the clients. The consideration includes evaluation of competitors both international and national. It can be recorded for the missing services such as outreach, occasional power outages, reliability on the power sources, and connection with the grid. The adaptation of incongruity can be used as a source of ideas and it can help SEC in the identification of gaps with other companies. The plans can be developed and polished on the basis of outcomes.

The evaluation of the final product and services depends 50 % on the customer account. Therefore, it cannot be avoided by the SEC. The proposals should be taken into account for the services in the market place. Besides that, it can be considered for the innovation and use of technology for online feedback and reviews. The online services could be the website and feedback portal. The innovative ideas can be used and incorporated for the suggestions and feedback in case of effective and over smart services. The implementation of new demand of customer through the proper resources is required to be considered in the correct way and to realize the optimized results. The leading staff of the firm and the competitors can also use some reliable sources to get innovative ideas. The evaluation of Saudi energy resource, demographic conditions of regions, and threatening of competitors matters a lot. Sometimes the company ignores competitors when working independently and hoping for the outclass results. In case of considering the competitors' work capability, the underestimation of the sources is required to analyze the innovative idea and to yield impressive results.

The focus of SEC is on the future and history of the company. The old ideas about innovation are becoming less economical and consume more time for implementation in different situations of financial and technological constraints. In the case of considering the previous ideas, the conditions should different for the future of the company. The visionary plans are different, and it can be implemented in different stages for the benefits.

4)         4-You were the instructor of the(Innovation) MGT643 course at KING Saud University; You taught Mohammed (VERY LAZY STUDENT), but unfortunately he has not looked at the R & D Program Report that you sent it to all the students by an email while he was a student. He met you one day at "Al-Ula" and asked you the following concern and question: (3 Marks).

How can R & D Program Report that you have sent to us help me to write a proposal to convince The Royal Commission for "Al-Ula" to get benefit from the research and development trend in KSA in improving the tourism at "Al-Ula"?

Being the instructor of the(Innovation) MGT643 course, I will guide him to proper procedure the R&D program, and I will guide him to conducting research on the improvement of the tourism at "Al-Ula. The proposal will be contain on the several steps as first describe the problems statement bin the effective manners why the state of the "Al-Ula” require to making it better for the tourism what are the strong points of the "Al-Ula" and how the tourism will generate revenue for the states and the propels must be contained on the budgeting and timeline. The various strategies will also discuss in the proposal for attracting the   Royal Commission of the"Al-Ula." The proposal must be appealing and attracting, and there must be the importance of tourism in the report for generating the revenue by using the sources of foreigners in the Kingdom of Saudi Arabia

The research conducted by Sismanoglu and Akcali determined the vital objectives of research and development programs. The blueprints are provided for the innovation and the project outlines in the research. The objectives of the blueprint are to generate a vision and roadmap for the designers to maximize the project profits for the investment pumps in the project. The additional conditions and objectives are clear for the human resources and for the physical development of the projects in the organizations. In the projects, the team members are highly flexible to maximize physical and human resources. The role of team members in the project is important to access the goals and to reach the objectives of the company. The flexible control is required by all the team members for the effective working environment and to improve the proposal drafting. The research conducted by Hermansyah, Sainbury, and Krass is additionally pointed to the fact for R and D programs in the organization. The purpose of R & D programs is to enhance the policy formulation, implementation, and funding of the business model. The proposals of business should be developed efficiently under legal conditions. The clear conditions can be implemented by the drafting of R & D and the conditions are highly adaptable and sellable.

5)         5-You have been appointed by "Zara"  which is a  brand name in the Dressing and Fashion industry for consultation after some problems in decreasing the number of their branches around the world; you gave their upper and middle management level chapter 6 in the book "Good to Great" to read, Why did you choose this chapter for them?. And What do you think the benefits of this chapter to solve the company problem? (3 Marks).  

The book “Good and Great” form chapter 6, we think the benefits of this chapter to solve the problem is that; 
·         When the research points consistently, it Collins emphasis 
·         In addition, it needs to have the self-disciplined people in the systems 
·         Trying to impose the external discipline, rather than spending the energy  
·         To obtain the recommendations awareness is increases, for most of the times
·         There are various benefits which are used in the different strategy to allow an organization to capitalize on the well-known brand as well as the benefits of the equity in the core brand
I have chosen this chapter from the book of the good to great because this chapter provides the good solution overcoming the problem of the organization as it provides the good solution for the carefully holding individual employees accountable for “every item of cost, income, and investment.”. It also provides me exclusive solution for managing the cost of the “Zara” as well as investment for generating more profit. This chapter also provides the crucial components of this kind of culture of discipline using four key points. 

 

 

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