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.