Assignment 2 – Innovation Audit (worth 50%)
Your Innovation
Audit (worth 50%): Based
on an organisation of your choice, and using inputs from a minimum of 3
relevant key personnel, you should prepare a report (maximum 7,500 words) that
describes and analyses your findings under the following headings;
(a) A brief overview of the focus of study, the company and its
entrepreneurial and innovation profile (Weighting = 5%)
(b) Application of the Innovation Pentathlon Framework (Weighting =
40%)
(c) Identification of the opportunities (process/product/service) the
audit brings to your attention (supported by a clear business rationale)
(Weighting = 15%)
(d) Identification of strategic, leadership and project management
issues impacting innovation in this organization (Weighting = 15%)
(e) Strategic innovation recommendations (with specific goals and
actions noted and their impact on organizational functions) (Weighting = 20%)
(f) What lessons can
be learned from this audit? (Weighting = 5%)
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