Bsbinn502 assessment 2 version v181 page 8 of 16

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BSBINN502 Assessment 2 Version: v18.1 Page 8 of 16 Developed by: Nortwest Pty Ltd Approved by: AM Issued: March 2018 Review: March 2019
Organisational readiness – Can we take action? People who are involved with ANU Sport are able to successfully implement such innovation in their business processes. Disciplined implementation – Can we get results? In the words of Kerr and Nanda (2014), there is well implemented policies and procedures in ANU Sport. Project Management and performance management system of ANU Sport is so strong that it is able to implement innovations in its business on regular basis. Modified innovation system of ANU Sport includes innovations in the existing products to make them more attractive and to bring new sports equipment range. In the opinion of Kerr and Nanda (2014), it is required for ANU Sport to innovate as its business as innovation is an effective management tool and the introduction of innovation in the business of ANU Sport will result in increasing the revenues and brand image of the company. In this concern, marketing manager of ANU Sport will research about the current marketing trends in regard to sports equipment which are prevailing in the market. After the research of marketing department, production department of ANU Sport will indulge in production new sports equipment and design department of and the designing department will indulge in redesigning the existing products of ANU Sport (Mikhalkina and Cabantous, 2015). An implementation plan for the innovation system (template provided) A communication plan covering participants and stakeholders (template provided) A project report that conforms to the required outline Procedure 1. Choose a business to work with. BSBINN502 Assessment 2 Version: v18.1 Page 9 of 16 Developed by: Nortwest Pty Ltd Approved by: AM Issued: March 2018 Review: March 2019
2. Review current business practices against the seven dimensions of strategic innovation. (Refer to your ‘Seven dimensions of strategic innovation’ template in assessment 1) 3. Modify the innovation system you developed in Assessment Task 1 to address the business’ specific needs. (Insert a row at the end and label it ‘Modified’ and record information into the template). The updated template is to be part of your submission. 4. Scope out an area or department to run a pilot program and identify the program participants and key stakeholders. (Template provided) 5. Seek approval from your assessor to ensure that your nominated business is suitable for the implementation of an innovation system pilot. (Your trainer must sign this off) 6. Develop an implementation plan for the innovation system pilot. (Template provided) 7. Develop a communication plan that covers both participants and key stakeholders. (Template provided) 8. Consult with key stakeholders (Your assessor) to obtain approval for the implementation plan. Where necessary, modify the plan in response to the feedback received from the stakeholders. (Insert a row at the end of the communication plan

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