1.Develop an innovation strategy

As per the communication from the CEO, you are now required to develop an innovation strategy to be brainstormed at a meeting with the staff as part of implementing innovation within the organisation and fostering a culture of innovation.

It will also be an opportunity to use the tools and techniques you researched in Assessment Task 1 to generate new ideas and thinking, as well as to promote innovation within the organisation.

At the meeting, you will also be expected to use inclusive and collaborative techniques to communicate, negotiate and consult effectively with the staff.Therefore, you should also research such techniques that you will then demonstrate at the meeting.Bear in mind that staff at the meeting may not agree with all of your actions so you will need to negotiate these.

Develop your innovation strategy using the Innovation Strategy Template.

Your strategy should include:

Overall vision and objectives for innovation, including ensuring innovation is an integral part of the organisation's activities.

The vision of strategy is to Develop an online learning platform for students in order to be a leader in vocational education and training.

The objective of this Innovation Strategy is to document the innovation strategies that will be implemented by King Edward VII College.

The Strategy supports the achievement of the goals set out in the company's Business Plan and will ensure that innovation is integrated into all of our activities

Recommended innovative practices, processes and products/services for the College

Providing adequate resources for innovation to occur include environmental, workplace conditions, access to tools and techniques or equipment, budgets, the right personnel, time for creativity and the right workspace. Potential innovative practices, processes and products and services could include:

For innovative ideas Staff have to spend 2 hours a week within work time. This would most likely to be at a time to suit each particular staff member and they could use the creative thinking techniques they had training in. The rationale for this would be to incorporate time within the work day and in a structured manner to facilitate innovation.

Innovation will be put onto the management meeting agenda as a standing item. This would mean that innovation is always discussed at meetings. The rationale for such a procedure is to make innovation thinking an integral part of meetings.

Design and deliver innovation training. Training would mean skilling up staff to be able to use creative thinking/innovative techniques. It could be via blended training incorporating interactive, online learning and using a learning management system. The rationale for this would be to ensure that staff have the skills required to develop innovative ideas. To get improvement in innovation it is necessary to conduct Surveys on monthly basis, as it not only increases staff participation in innovation but also to gain additional innovative ideas.

Mechanisms at both the organisation system and processes level that can be implemented to achieve innovation, including resource requirements, timelines and responsibilities.

Communication and consultation processes that can be used to foster innovation, including knowledge transfer and ongoing awareness in relation to innovation and capturing information.

Key performance indicators to measure adoption of innovation.

Mechanisms at both the organisation system and processes level that can be implemented to achieve innovation, including resource requirements, timelines and responsibilities.

Actions/procedures Resources Timelines Responsibility

Include an innovation expert on the Board Innovation expert Appoint asap CEO

Communication Staff, meeting room Monthly Action group of the college

Regular brainstorming sessions Staff, meeting room Monthly All Staff

Regular training Staff, meeting room, external speakers Quarterly Executive director, Management

Communication and consultation processes that can be used to foster innovation, including knowledge transfer and ongoing awareness in relation to innovation and capturing information.

Catching inventive thoughts and practices can be through utilizing apparatuses and strategies, for example, conceptualizing and mind planning, conference workshops, input structures, making layouts, putting away gathering notes, utilizing arrangements and systems to help the catch of data and information. Moreover, Regular communication is essential if innovation, and the achievements that are attributed to innovative approaches are to be appreciated by all staff. Regular staff meeting should be held that give time to the presentation and discussion of innovative thinking and practices that are proposed or undertaken by their colleagues. This process would give the opportunity for all staff to contribute to innovation, as well as assist with knowledge transfer through sharing ideas. Regular training as part of communication and consultation processes is also important. This allows the organisation to communicate important information about innovation to staff. Regular reports on innovation area also a great way of communicating, as well as consulting if the report asks staff to provide feedback.

Key performance indicators to measure adoption of innovation.

Make sure you have identified techniques and tools that you will use to generate new ideas and thinking relating to showcasing the innovation strategy to staff.

Prepare supporting resources you will use.

The development and implementation of an effective evaluation system is an important element in the innovation strategy. This determines how effective the innovation strategy has been at enhancing individual and company performance and if the investment is justified. The information generated from the evaluation should be used to make adjustments to the strategy or to decide whether it should continue in its current format.

Key performance indicators could include:

Number of new ideas generated

Financial measures such as increased sales and profits

Level of staff satisfaction

Level of student satisfaction

Make sure you have identified techniques and tools that you will use to generate new ideas and thinking relating to showcasing the innovation strategy to staff.

Prepare supporting resources you will use.

1.Create presentation.

Using PowerPoint (or another presentation program), create presentation that will support the meeting that you will be conducting.

The presentation you develop should include all of the content that you have planned in your innovation strategy, including its key points and activities.

You should include notes in the slides to support you when you are delivering the session.

Save this file as Innovation Strategy Presentation.

Could someone help me to complete the PowerPoint?

And I just want few slides.

BSBINN801 Lead innovative thinking and practice