Foundation Degree in Business & Management (Year 1)
Innovation and Enterprise BMS409
School of Adult and Professional Management
Semester 1 (Tutor: xxxxxxxx)
TITLE: Report
ASSESSMENT
Completion of this work will satisfy the following learning outcomes from module BMS409.
LO1: Demonstrate an understanding of the nature of innovation and idea generation and the common factors that lead to innovative success or failure within an organisation.
LO2: Apply theories of innovation and idea generation to products, processes or services to develop an innovative idea.
LO3: Devise a proposal for an innovative product, process or service for a working organisation and produce an implementation plan.
TASK
Identify an organisation that could benefit from an innovative idea. Using your knowledge of relevant theories on innovation and idea generation develop an innovative idea for the organisation relating to a product, process or service they offer. Use theories of innovation and idea generation researched to inform your ideas when developing an innovative idea LO2.
Write a proposal for the business explaining how your idea would benefit them and how it could be successfully implemented. Explain why you think your idea is right for the business, how it will benefit the business and plan how it could be successfully implemented. You should also identify the challenges that the organisation would face in the implementation of the proposal. Your proposal should include justification of the idea, marketing, target audience, costs and how it will be launched LO1 and LO3.
Other relevant assessment information
You may focus upon your current workplace or one that you have worked for in the past (please show evidence of permission to use any relevant internal company documents as source material), or you may wish to discuss an organisation whose information is readily available and researchable in the public domain. You can choose an organisation from any sector you wish including business, sporting, tourism, technology or creative industries etc..
· You will need to include and reference at least 10 different sources including 3 academic textbooks and 1 academic journal that help provide supporting evidence for any assertions that you make. For higher grades, you will need to incorporate academic theory relevant to the points you make (use real life examples from business that back up the theory). You must include both a reference list and bibliography with your proposal.
The completion of your work will satisfy 75% of the assessment weighting for this module and the size of your report needs to be 3000 words (+/- 10%)
· All written work should be submitted online, through Turnitin, via the student portal
Issue Date: 21/03/2023
Submission Date: 02/05/2023
Feedback Date: 30/05/2023
SKILLS DEVELOPMENT
. Demonstrate a holistic approach to problem solving and make use of innovative solutions whilst also been commercially aware.
· Demonstrate effective management techniques regarding innovation that would inform or benefit management practice.
· Apply effective self-management and independent learning in demonstrating the ability to plan, implement and deliver a management related report, presentation or project.
· Analyse facts and draw conclusions to inform the ideas presented within your proposal.
MARKING CRITERIA
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Task
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Indicative Content
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Marking
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Proposal
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Your innovative idea should be based on your research into the benefits from innovation and the application of theories you have learnt within a business context. LO1: Demonstrate an understanding of the nature of innovation and idea generation and the common factors that lead to innovative success or failure within an organisation.
Explain how your ideas would benefit your chosen business and how they could be successfully implemented, explore the challenges faced and make links to research findings in the production of your plan.
When producing your report, you are expected to present your work in an appropriate format and structure using effective judgements to support your conclusions. You must include relevant theories to support your commentary and a range of sources must be used and Harvard referenced.
Attribution of higher grades are associated with:
· evidence of good research and judgements made supported by business theory within all written work.
· evidence of wide reading around topics to support conclusions drawn.
· effective use of the Harvard referencing format
good use of spelling, grammar and punctuation throughout all written work. Innovation and Enterprise BMS409
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40
40
20
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100%
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