?Review the processes
of invention and innovation. Then, select a new product that you have been
introduced to in the past 12 months. You are encouraged to research this new
product using outside sources. You can use the same company you have been
researching, or pick a new one.
?You are to create a
PowerPoint presentation about future inventions this new product could help to
inspire and what innovations could be developed to enhance and improve this
product. Analyze how these two areas could impact the company. Perform an analysis
or SWOT on potential impact of inventions or innovations. Your PowerPoint
presentation should include the following elements:
?· Slide
1: Title page·
?· Slide
2: Objective or table of contents·
?· Slide
3: Description of the new product·
?· Slide
4: Description of the importance of R·&D to include lead users and market
research
?· Slide
5: Discussion of appropriate structure and culture necessary to support
innovative ideas and products·
?· Slide
6: Exploration of future inventions inspired by the product·
?· Slide
7: Analysis of future innovations of this product (Was this a successful
invention leading to innovation?)·
?MBA 5101, Strategic
Management and Business Policy 6
?
?· Slide
8: ROI, shareholder value, economic value added analysis, or a SWOT, on
innovation·
?· Slide
9: ROI, shareholder value, economic value added analysis or a SWOT, on
invention·
?· Slide
10: Brief description of the benchmarking process as applied to this company
(What problems with performance measuring can be encountered?)·
?· Slide
11: Prediction of product demand in five years·
?· Slide· 12:
Conclusion
?· Slide
13: List of sources using APA guidelines Please ensure that every slide has a
title at the top explaining what the slide covers. Add citations in proper APA
format, use applicable pictures or graphics, use a slide template, and avoid
wordy slides by focusing on bullet points. Remember, this is an academic
presentation.·
