I have this assignment to do and need to be submitted tomorrow. I do not have a good background on this field and i have no clue on how to approch the problem. Please help me with any business idea but as an automotive supplier. This is the question, Go through the Rubric and follow the methodology to frame a business opportunity in your industry?

Intro

Industry Context, Drivers, Business Drivers, Strategic

inieni

$-$What is your industry about? What are relevant changes happening in the Political, Legal

e$.$tc context relevant to your industry?

$-$These changes are industry drivers e$.$g Customer preferences.

$-$What are you innovating to respond to customer needs?, why is this feature important to customers?

$-$Is this feature part of the strategic intent of the organization?

Determine incremental or radical innovation.

Value Cluster

What is the value creation enabler? E$.$g Technology, $4$IR$,$ Data Analytics,

$-$What is the perceived value?

$-$Who is the target Market?

What are the oppotunities for collaboration?

What clusters will enable collaboration e$,$g value chain, brand name, easy access to infrastructure, IT infrastructure, Human

Resources

Framing the Market

Opportunity

Market Space Offering

Who are the stakeholders eg regulators

What is your unique market space offering $($relevant to the innovation idea?$)$

$-$How will your idea promote the offering?

$-$What are the threats to the idea?