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Assessment Two Workshop

Group Assessment
MGMT 6049
A/Prof Richard Oloruntoba
30/04/21
Assessment Two (Group Assessment)
• Your group will develop an innovative business idea in a specific industry in response to a core issue or
problem. Your group will outline what you aim to achieve with your innovative business idea i.e., outline the
goal (s) of the innovation, and the strategies you will deploy for achieving the goal(s). The report will include
headings (and sub-headings where necessary) similar to the following:

A full description of the innovative business idea and the industry context in which it would be executed.
The value, importance and significance of this innovative business idea expressed in convincing terms.
What will it achieve? Time saved, or costs saved? Customers better served? Increased productivity? More
revenues or profits? Any other savings? Explain how your innovation will achieve such saving.
What are the OM aspects of this innovation – explain it in terms of processes, capacity management, capital
requirements, equipment and machinery requirements, network relationships, resourcing, and skills
acquisition. Note that you do not need to provide financial analysis.
How will this idea be implemented, operated, and managed? A detailed project plan is not required, but
general implementation phases are required. You should also consider the role of outsourcing, offshoring, and
partnerships if relevant.
Required
• An innovative business idea in
• A specific industry in response to
• A core issue or problem
• What you aim to achieve and the goal (s) of the innovation
• Strategies you will deploy for achieving the goal(s).
• A full description of the innovative business idea and the industry context in which it would be executed.
• The value, importance, and significance of the innovative business idea expressed as (why is it important)
• What will it achieve? Time saved, or costs saved? Customer service? Increased productivity? Increased
revenues or profits? Improved internal efficiencies? Information visibility? Any other savings?
• Explain how your innovation will achieve such saving.
• OM aspects of the innovation in terms of processes, capacity management, capital requirements,
equipment and machinery requirements, network relationships, resourcing, and skills acquisition. Note
that you do not need to provide financial analysis.
• How will this idea be implemented, operated, and managed?
• General implementation phases are required.
• Role of outsourcing, offshoring, and partnerships if relevant.
Others
• References: Your report should consist of a minimum of 10 scholarly references
such as journal articles, research books, industry related journals, company
documents, and recent consultancy reports such as from KPMG, Price
Waterhouse Coopers, Deloitte, Accenture, Phillips Consulting etc. Word Count:
Maximum 3000 words + or – 10%.
• Submit assignment via Turnitin.
• No appendices are required for the report.
• Rubric: An adapted criteria standards rubric for this group report assignment is
included the assignment will be submitted through Turnitin.
• No appendices are required for the report. Any diagrams must be relevant,
legible and clearly labelled.
Prepare a report

• Report format (see details on Library website)


• Title page with name
• Executive summary
• Table of content
• Report Format
• Suitable structure and numbered headings and sub-headings
• Format (12pt font, 1.5 spacing, 2.5 cm margins)
• Referencing – quality of in-text referencing and reference list (Chicago)
• Writing: clear, sequenced, easily read and understood
• Language: spelling, grammar, punctuation
• See sample report structure
Peer Review Report

• Peer Evaluation and Review Report for yourself and for your group
member (unless you are alone). Use bullet points to peer review your
team member (Due for submission on Blackboard by 10th May, 2021)
Criteria Standards Rubric : The issue 10%

The issue/problem is stated clearly, described


comprehensively, succinctly delivering all relevant
information necessary for a full understanding.

There are no omissions and/or errors.


Evidence based analysis – references, sources from chosen
firm/industry sector 40%

A comprehensive analysis is based on a deep


understanding of relevant information, concepts, and
methods.

Information analysed is from many diverse, high quality


source(s) beyond those provided
Perspectives taken (and trade offs if any) 20%

The perspective is comprehensive, taking into account


the bulk of the complexities of the issues.

Other people’s perspectives are deeply analysed (trade


offs) and comprehensively synthesised, with the limits
of the positions described and acknowledged.
Alternatives (possible alternatives) 20%

Presents and evaluates alternatives in a way that


demonstrates in-depth and significant understanding of
the relative merits and/or drawbacks of each
alternative
Genre and discipline conventions 5%

Demonstrates detailed attention to and successful


execution of, a wide range of conventions particular to
a specific discipline and/or writing task(s) including
organisation, jargon, content, presentation, formatting,
and stylistic choices.
Conclusions 5%

The conclusions/solutions are robust, comprehensive,


relevant, significant and organised.

All conclusions are logically supported by the evidence


and/or the process of analysis.

Assumptions are stated, comprehensively described


and justification for their use is provided.

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