Question: Assignment Title: AI - Driven Business Innovation Analysis with Expanded SWOT Objective: The objective of this assignment is to leverage artificial intelligence ( AI )

Assignment Title: AI-Driven Business Innovation Analysis with Expanded SWOT
Objective: The objective of this assignment is to leverage artificial intelligence (AI) tools to generate and evaluate 10 different business ideas within the context of disruptive technologies and creative business thinking. Students will use AI to stimulate idea generation and then conduct an Expanded SWOT analysis for each idea.
Instructions:
1. Idea Generation using AI:
a. Introduce students to AI-powered idea generation tools and platforms.
b. Instruct students to use AI to generate 10 distinct business ideas. Emphasize the incorporation of disruptive technologies and innovative approaches.
2. Initial Documentation:
a. Have students document each business idea briefly, outlining the core concept, target market, and primary value proposition.
b. Encourage students to provide context on how each idea aligns with disruptive technologies and creative business thinking.
3. Expanded SWOT Analysis: a. For each of the 10 business ideas, conduct an Expanded SWOT analysis: - Strengths: Highlight internal capabilities, unique features, and advantages. Consider the company's Core Competencies, Innovation Capabilities, and Collaborative Networks.
Weaknesses: Identify internal limitations, areas for improvement, and potential challenges. Consider the company's Skill Gaps, Resource Constraints, and Cultural Barriers.
Opportunities: Explore external factors that could positively impact the idea. Consider Technological Trends, Market Dynamics, and Emerging Consumer Needs.
Threats: Assess external factors that pose potential challenges. Consider Competitive Landscape Changes, Regulatory Risks, and Economic Fluctuations.
4. Integration of Disruptive Technologies:
a. Instruct students to explicitly identify the disruptive technologies incorporated in each idea.
b. Discuss how these technologies contribute to the uniqueness and potential success of the business concept.
5. Creative Business Thinking Evaluation:
a. Prompt students to evaluate the level of creativity embedded in each idea. How does each concept challenge traditional business norms and foster innovative thinking?
b. Encourage students to explore how the ideas promote out-of-the-box solutions and unique value propositions.
6. Final Documentation: a. Ask students to compile a final document summarizing the 10 business ideas along with their Expanded SWOT analyses, insights on disruptive technologies, and reflections on creative business thinking.
Assessment Criteria:
Creativity and Innovation: 30%
Alignment with Disruptive Technologies: 25%
Quality of Expanded SWOT Analysis: 20%
Integration of Creative Business Thinking: 15%
Clarity and Presentation: 10%
Submission: Students will submit their final document electronically, showcasing their AI-generated business ideas, Expanded SWOT analyses, and reflections on disruptive technologies and creative business thinking.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!