in each question below, you will need to imagine you are the owner of a chain of children 's clothing and accessories stores. They have been successful for the last 5 years with year-on-year growth but increasingly competitive offerings from either on-Iine or competing stores are starting to erode that position. You are lteen to innovate more. so consider the questions below in that context. Any and all assumptions can be made by you but should be identied in your answer where necessary. 1. The problem facing the business Is an erosion of sales by units sold and combined pressure on margins. Explore and outline four methods Involved in researching ways to Innovate against this trend and build new ideas to reverse this. [e.g. what parts of the business would you examine to seek Innovations - such as a review of current organisational systems] 2. Identify four different possible solutions to the problem and explain - How you evaluated them Why doing nothing Is I or Is not I an option [choose one side only!] Why you made your final selection 3. What typical steps are Involved when developing a plan for a new system? Explain each step. 4. It Is vital to involve all your staff in innovation, particularly when leveraging their collective bralnpower for both incremental and breakthrough innovation. Plus. the most innovative companies in the world, from Toyota to Facebool: and Google, have built their sucoess on creating environments In which all their staff are empowered to Innovate, everyday. So, how can you create an environment where your staff are empowered and enoou raged to Innovate