Creativity and innovation table mgt411

MGT 411 Week 1 Innovative Elevator Speech

Write a 2- to 3-minute elevator speech in which you describe how you see yourself as creatively intelligent, innovative, and/or entrepreneurial.

Describe at least one example of how you promoted innovation in your personal or professional life.

Online students: Present your elevator speech to two different people. One can be a personal acquaintance, the other must be a professional connection.

Local Campus students: Present your elevator speech to the class.

Write a 525- to 700-word reflection and answer the following questions:

§ Did you feel empowered to be more creative and innovative as a result of describing your skills out loud?

§ Did your audience ask any questions or share any insight about creativity and innovation?

Format your paper consistent with APA guidelines.

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MGT 411 Week 2 Innovation/Entrepreneurial Mishaps

Write a 525- to 700-word paper in which your team identifies 2-3 organizations that have missed opportunities for innovation and/ are on the verge of closing down because a more innovative competitor has overtaken the market.

Analyze innovative strategies that were missed by the organization, and explain how the organization either ignored or missed opportunities for innovation.

List and discuss 2-3 innovative strategies that the organization could use today to potentially rebuild its entrepreneurial culture.

Format your paper consistent with APA guidelines.

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MGT 411 Week 2 Innovation and Competitive Advantage: Changing Environments

Resource: Page 69 of Managing Innovation and Entrepreneurship, Ch. 4

Competitive advantage according to Hisrich and Kearney (2014) requires organizations to engage in six processes to maintain innovation. Organizations like Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay® have done this successfully.

Select an organization other than those listed above (Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay®) to explore competitive advantage and the six processes to maintain innovation discussed in Hisrich and Kearney (2014).

Write a 700- to 1,050-word paper in which you analyze how the selected organization is meeting the concepts of Competitive Advantages as outlined in Hisrich and Kearney (2014), on page 69. Be sure to include information about the following:

§ The organizational leadership philosophy on innovation.

§ Activities the organization is actively engaged in to sustain competitive advantage within its industry.

§ R&D initiatives the organization is involved in for long-term competitive advantage.

Format your paper consistent with APA guidelines.

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MGT 411 Week 3 Innovation/Entrepreneurial Change Annotated Bibliography

Select one of the organizations that your team wrote about in the Week 2 Learning Team Assignment: Innovation/Entrepreneurial Mishaps. Keep this organization in mind for your Week 4 and 5 Learning Team assignments.

Develop a 525- to 700-word annotated bibliography of five or more references on the following topics: innovation measurement and reward systems, creative problem solving, and innovation implementation and evaluation. Be sure to include the following:

§ APA-formatted references (each from a different author)

§ An abstract of 100 to 200 words for each reference

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MGT 411 Week 3 Aspects of Design Thinking Paper or Presentation

Resources: Page 109 of Managing Innovation and Entrepreneurship, Ch. 6 and the organization you selected in the Week 2 Individual Assignment

Choose from one of the following options:

Option 1

Write a 1,200- to 1,400-word paper using the same organization you selected in Week 2, and include the following:

§ Apply the five key elements of design thinking to analyze the organization’s effectiveness in design thinking and innovation.

§ Evaluate where the organization excels in design thinking.

§ Detail where the organization needs improvement.

§ Make specific recommendations that the organization can undertake to improve design thinking and innovation.

Format your paper consistent with APA guidelines.

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Note: If you choose the paper in Week 3, a presentation must be selected for Week 4 and vice versa.

Option 2

Prepare a 10- to 12-slide Microsoft® PowerPoint® presentation with speaker’s notes using the same organization you selected in Week 2, and include the following:

§ Apply the five key elements of design thinking to analyze the organization’s effectiveness in design thinking and innovation.

§ Evaluate where the organization excels in design thinking.

§ Detail where the organization needs improvement.

§ Make specific recommendations that the organization can undertake to improve design thinking and innovation.

Format your presentation consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Note: If you choose the presentation in Week 3, a paper must be selected for Week 4 and vice versa.

MGT 411 Week 4 Innovation/Entrepreneurial Change Paper

Use the same organization that your team selected for the Week 3 Innovation/Entrepreneurial Change Annotated Bibliography Assignment.

Write a 1,050-word business proposal to the organization’s Board of Directors to revitalize the organization through some well thought out innovative strategies. Your proposal should include the following:

§ Analysis of the missed opportunities for innovation which have negatively impacted the organization.

§ Description of innovation measurement and reward systems for existing employees.

§ A process for creative problem solving.

§ Description of the implementation and evaluation of innovation.

§ Evaluation of external technology acquisition and implementation processes.

§ Analysis of the organization’s ecosystem in terms of innovation.

Format your paper consistent with APA guidelines.

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MGT 411 Week 4 Global Business Plan

Resources: Table 8.1 on page 139 of Managing Innovation and Entrepreneurship, Ch. 8 and the organization you selected in the Week 2 Individual Assignment

Choose from one of the following options:

Option 1

Write a 1,200- to 1,400-word paper using the same organization you selected in Week 2.

Create a business plan for this organization to enter a global market in which they are not already doing business (see section 2 of Table 8.1). Be sure to include the following:

§ Description of the business

§ Description of the industry

§ Technology Plan

§ Marketing Plan

§ Financial Plan

§ Production Plan

§ Organizational Plan

§ Operations Plan

§ Include at least 2 of the 7 recommended appendices (exhibits) as listed in Section 3 of Table 8.1

Format your paper consistent with APA guidelines.

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Note: If you chose the paper in Week 3, you must complete the presentation for Week 4 and vice versa.

Option 2

Prepare a 10- to 12-slide Microsoft® PowerPoint® presentation with speaker’s notes using the same organization you selected in Week 2.

Create a business plan for this organization to enter a global market in which they are not already doing business (see section 2 of Table 8.1). Be sure to include the following:

§ Description of the Business

§ Description of the Industry

§ Technology Plan

§ Marketing Plan

§ Financial Plan

§ Production Plan

§ Organizational Plan

§ Operations Plan

§ Include at least 2 of the 7 recommended appendices (exhibits) as listed in Section 3 of Table 8.1

Format your presentation consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Note: If you chose the presentation in Week 3, you must complete the paper for Week 4 and vice versa.

MGT 411 Week 5 Innovation/Entrepreneurial Change Presentation

Use the same organization that your team selected for the Week 3 Innovation/Entrepreneurial Change Annotated Bibliography Assignment.

Create a 12- to 15-slide Microsoft® PowerPoint® presentation, with detailed speaker’s notes, on your innovative strategic plan to move the organization back to innovative vitality.

Present two innovative solutions that the organization can use to solve its current downfall.

Address the following in your presentation:

§ The history and process that led the organization to its current state (include an analysis of the missed opportunities for innovation as well as an analysis of the organization’s ecosystem in terms of innovation).

§ A comprehensive description of the proposed innovation strategy, that includes:

§ Details on the process for change

§ Key players within the organization

§ The most critical market impact

§ Technology acquisition plans

§ Current competition profiles

§ An analysis of leadership within the organization and its ongoing role in innovation moving forward.

§ Details on measurement and reward systems for existing employees, including motivational strategies for change management.

§ Description of implementation and evaluation plans for innovation.

§ Short-term goals (e.g. cultural change toward innovation, market entry, organization re-vitalization) and long-term goals (strategies for global presence, long-range innovation) for innovative change.

Format your presentation consistent with APA guidelines.

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MGT 411 Week 5 Self-Reflection: Motivation

Write a 700- to 1,050-word self-reflection on what would motivate you to work more innovatively.

§ Detail how your current employer can change strategies within the organization to promote your internal motivation and innovation.

§ Discuss what motivates you in general to be innovative.

§ Be creative, innovative, and entrepreneurial in your self-assessment.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment