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1. Identify the difference between invention and innovation and how innovation can be successfully implemented to achieve growth in an industry

01 / 10 / 2021 Essays

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Word Limit:2,000 words (with 10% plus or minus leeway)
Deadline date for submission:
Learning outcomes to be examined in this assessment1.    Identify the difference between invention and innovation and how innovation can be successfully implemented to achieve growth in an industry

2.    Demonstrate a critical awareness of the different models of innovation and how they apply to an industry case studies

Percentage of marks awarded for module:This assignment is worth 50% of the total marks for the module

 

 

Assessment

criteria 

Explanatory comments on  the assessment criteria   Maximum marks

for each section  

KNOWLEDGE & UNDERSTANDINGFactual and conceptual knowledge and understanding; use of class materials; independent reading35%
Graduate Skills: transferable, employability, practical and academic skills Written, oral and presentation skills; interpersonal, group and teamwork skills; leadership skills; numeracy; digital skills; practical, professional and academic skills (including referencing/presentation25%
INTELLECTUAL &

COGNITIVE

SKILLS

Critical thinking; conceptualisation; creativity; synthesis, analysis and evaluation; application; problem solving and research/investigation40%

 

Background

As an innovative management consultant you have been approached by an organisation called Pint Energy. Due to the current booming state of the UK economy, Pint Energy is looking to inject a couple of products and services to their existing portfolio to drive growth. Thus, Pint Energy has asked you to design and implement a strategic innovation framework.

Assignment Task

 

Critically evaluate and use the seven dimensions within a strategic innovation framework to produce a portfolio of outcomes that will drive growth for Pint Energy.



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