Professional Documents
Culture Documents
Session: September 20/21
Programme title Pearson BTEC HNC in Business (RQF)
The work you submit must be in your own words. If you use a quote
or an illustration from somewhere you must give the source.
General Guidelines Include a list of references at the end of your document. You must
give all your sources of information.
Make sure your work is clearly presented and that you use readily
understandable English.
Wherever possible use a word processor and its “spell-checker”.
The work you submit must be in your own words.
Include a list of references at the end of your document. You must
give all your sources of information (this must be in accordance with
the Harvard referencing system).
Make sure your work is clearly presented in chronological order and
has a logical flow.
English presented within the body of your assignment must show
academic proficiency and comply with academic requirements. If an
individual has additional learning needs these should be
appropriately assessed and met.
Feedback
In-class feedback will be available from draft submissions on a task-by-task
basis in the form of formative feedback and also for initial submission
(formative feedback will not include any indication of final grades; the process
will focus upon supporting development).
Summative feedback will be provided within 3-4 weeks of the
assignment submission however; final grades will be released in
accordance with organisational policies and procedures. Please note
you will be required to authenticate receiving your summative
feedback.
Any act of plagiarism and collusion will be seriously dealt with according to the City College
Limited regulations. In this context the definition and scope of plagiarism are presented
below:
In order to achieve all learning outcomes within this unit, you will be required to complete all
the given tasks. Your work can be presented in a range of formats, either a type written
report, a handwritten report or a recorded, formal verbal report. Whichever option you
choose, you should remain within the designated word count and give all due consideration
to form and structure. The format chosen will not impact on your final grade.
Unit 8 Assignment
Scenario:
You are working as an “R&D Assistant” (Research and Development Assistant) for an SME
which you may refer to as your place of work or a business you are familiar with. Being part
of the creative team of the company, you are required to either design an entirely new
product or recommend modifications to an existing product. These changes or new
introductions may be targeting a newly defined customer requirement or a niche category in
the market. Furthermore, adopting a more commercially driven approach is vital to maximise
the Return on Investment (ROI). You are required to write a detailed, critically analysed and
evaluated report which identifies why innovation is required and how it will be beneficial for
the company. Your report must cover the legal and practical aspects of developing and
launching the new product. It is pertinent to investigate all the key issues that may influence
the product innovation and commercialisation and may influence the product design
specifications including intellectual property, patent issues and funding to prevent later
infringement issues. Your report must cover the followings:
Task 1
LO1: Explain the context for innovation and determine the difference between
invention and innovation.
LO 2: Explain the different types of innovation to employees of your chosen
organisation.
1.2 Considering the current business situation and to foster and develop an
environment and culture of innovation, critically analyse different sources of
innovation, with an identification of different concepts such as the role of
organisational vision, leadership, culture and teamwork in shaping innovation
and commercialisation in the context of your selected organisation.
1.3 To examine and shape innovative ideas for your organisation, critically
analyse the 4Ps of innovation, apply the innovation funnel and evaluate the
role of frugal innovation in bringing about innovation.
2.1 To Support your innovative idea, considering the nature of innovation and the context in
which it is developed, you are required to build a detailed Innovation Business Case, which
provides judgements on how to overcome challenges to develop successful innovative
product for your organisation, therefore, you are required to present supported evidence-
based critical evaluation on:
The importance of the commercial funnel and the application of New Product
Development (NPD) processing for in commercialising.
Different ways of accessing funding and provide justified recommendations on the
most suitable funding option your organisation must use.
Measures which can be used to determine the overall effectiveness of your
innovative business case. Consider using appropriate techniques available to test,
iterate and improve your Innovative Business Case.
The different tools that your organisation can use to develop, retain and protect its
knowledge and intellectual property in the context of the wider business environment.
Important Information
You should include a bibliography using the Harvard referencing system. Each unit will be
graded as a Pass, Merit or Distinction. A Pass is awarded for the achievement of all
outcomes against the specified assessment criteria based mostly on DESCRIPTIVE content.
Merit and Distinction grades are awarded for higher-level achievement which includes
degrees of CRITICAL THINKING, ANALYSIS & EVALUATION – these are higher level skills
that you should work on over the period of your programme.
If your submission fails to meet all Pass criteria, it will be referred. The second attempt
will then be capped at a Pass, as per the Pearson Edexcel regulations.
Please access HN Global for additional resources support and reading for this unit.
For further guidance and support on report writing please refer to the Study Skills
Unit on HN Global.
For support with this assignment please contact your tutor on 0121 4557964 or via email
info@city-college.co.uk
Submission Instructions
Please submit your work soft copy digitally on Box and send a copy via email to your course
tutor on the set dates and notify via email to info@city-college.co.uk. Request a receiving
receipt in the form of a reply email which you should keep safe.
All marked work is expected to be returned to students within 4 weeks of submission.
Glossary:
Analyse: Break an issue or topic into smaller parts by looking in depth at each part. Support
each part with arguments and evidence for and against (Pros and cons).
Critically Evaluate/Analyse: When you critically evaluate you look at the arguments for
and against an issue. You look at the strengths and weaknesses of the arguments. This
could be from an article you read in a journal or from a text book.
Discuss: When you discuss you look at both sides of a discussion. You look at both sides of
the arguments. Then you look at the reason why it is important (for) then you look at the
reason why it is important (against).
Explain: When you explain you must say why it is important or not important.
Evaluate: When you evaluate you look at the arguments for and against an issue.
Identify: When you identify you look at the most important points.
Suggested Reading:
BESSANT, J, and TIDD, J. (2015) Innovation and Entrepreneurship. 3rd Ed. Oxford: Wiley.
DRUCKER, P. (2006) Innovation and Entrepreneurship. London: Harper Business.
MATTHEWS, C and BRUEGGEMANN, R. (2015) Innovation and Entrepreneurship: A
Competency Framework. London: Routledge.
TROTT, P. (2012) Innovation Management and New Product Development. Harlow:
Pearson.
VALIKANGAS, L. and GIBBERT, M. (2015) Strategic Innovation: The Definitive Guide to
Outlier Strategies. London: Pearson FT Press.