Professional Documents
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SUBMISSION FORMAT
THE SUBMISSION IS IN THE FORM OF A GROUP REPORT; A 10-MINUTE GROUP PITCH (POWERPOINT PRESENTATION) AND 5 MINUTES ALLOCATED FOR
QUESTIONS; PRESENTATION EVALUATION; AND A REFLECTIVE STATEMENT.
THE REPORT AND REFLECTIVE STATEMENT SHOULD BE WRITTEN IN A CONCISE, FORMAL BUSINESS STYLE USING SINGLE SPACING AND FONT STYLE CALIBRI
AND SIZE 11. YOU ARE REQUIRED TO MAKE USE OF HEADINGS, PARAGRAPHS AND SUBSECTIONS AS APPROPRIATE, AND ALL WORK MUST BE SUPPORTED
WITH RESEARCH AND REFERENCED USING THE HARVARD REFERENCING SYSTEM. PLEASE ALSO PROVIDE A BIBLIOGRAPHY USING THE HARVARD
REFERENCING SYSTEM. THE RECOMMENDED WORD LIMIT IS SPECIFIED.
THE PRESENTATION SLIDES (AT LEAST 10 SLIDES) FOR THE FINDINGS SHOULD BE SUBMITTED WITH SPEAKER NOTES AS ONE COPY. YOU ARE REQUIRED TO
MAKE EFFECTIVE USE OF POWERPOINT HEADINGS, BULLET POINTS AND SUBSECTIONS AS APPROPRIATE. YOUR RESEARCH SHOULD BE REFERENCED USING
THE HARVARD REFERENCING SYSTEM. THE RECOMMENDED WORD LIMIT IS SPECIFIED. PROVIDE ‘PRESENTATION EVALUATION’ AFTER PRESENTING THE
WORK TO DOCUMENT YOUR EXPERIENCE, QUESTIONING SESSION AND TEACHER’S FEEDBACK OF THE PRESENTATION.
New product development (NPD) is the process of bringing a new product to the marketplace. Your business may need to
engage in this process due to changes in consumer preferences, increasing competition and advances in technology or to
capitalise on a new opportunity. Innovative businesses thrive by understanding what their market wants, making smart product
improvements, and developing new products that meet and exceed their customers' expectations.
Research the product and services sector of Pakistan and select a company with a wide range of offered products and/or
services. Study the innovation and design function of the organisation. You will be required to work in a team of 2-4 members to
undertake the activities of that function.
TASK 1 - (LO1, LO2 AND LO3) – GUIDANCE
Define the product/service concept, with emphasis on customer integration for its development, marketing and sustainable
performance. As a team, develop a product or service for your chosen organisation, using the processes involved in determining
new product/service development: ideas generation, ideas screening/selection, creative methods, concept testing (market
research), and business analysis. This product or service can be totally new, a renovation of an existing product/service, or an
adaptation. The teams have to justify their approach and decision-making.
Develop a project portfolio for the organisation: introduce the organisation that you have studied, and its partner companies (if
applicable). Give an overview of the different products and services offered in their portfolio. Evaluate the range of their
products and services in relation to their life cycle stage. Further, evaluate how to manage the lifecycle stages and the choice of
appropriate product line management choices. Choosing one product line management choice, explain each of the processes
applied for new product development, how each stage of the process was applied and the techniques and methods used.
Each team has to pitch their product or service to a panel [comprising the tutor and other students which can represent either a
group of investors (for an entirely new idea) or the board of directors of a company (if a proposed renovation/adaptation)]. The
pitch should be evident of a coherent product, with a justified approach to decision-making throughout the development
process, market launch and distribution.
TASK 2 - (LO4) – GUIDANCE
This activity requires the students to work independently on a brief report, reflecting on the creative process, group dynamics
and the presentation that was completed for the previous task. Address questions, including, but not limited to, the following:
1. How did the team function?
2. How did the team undertake the assignment?
3. What was the level of interaction between the team members?
4. Did the team work well together or was it dysfunctional? If the latter, how was this
1. dysfunctionality eventually managed, if at all?
5. What was the quality of the final presentation?
6. With hindsight what should have been undertaken differently and why?
Give valid and justified recommendations.