Manage Innovation and Continuous Improvement

BSBMGT608
MANAGE INNOVATION AND CONTINUOUS IMPROVEMENT
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Assessment 1: Activities
Activity
1A Complete the template, using knowledge of your workplace.
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Example provided Yes, we
have
this in
place.
(tick or
leave)
If yes, does it have
a key system to
process and
monitor?
Environmental
management systems,
action plans, green
office programs,
surveys and audits
Leave
Waste management
hierarchy
Yes Yes, there is a key
system of the
process in the
organisation along
with the
management
hierarchy for
monitoring purposes.
Complying with
regulations and
corporate social
responsibility
Yes There are some good
responsibilities taken
by an organisation
like less emission of
carbon dioxide gas,
an annual report for
the transparency
purpose.
Determining the
organisation's most
appropriate waste
treatment
Yes The waste is treated
according to the
government rules
and regulations and
monitored by the
higher authorities.
Implementing
ecological footprint
Leave
Implementing Yes The government

Eco-friendly packaging is a sustainable strategy taken into consideration.
The vision of the organisation can be the eco-friendly measure of the products and
packaging for the betterment of the organisation in the near future. Recycling and
reusing the packages and products can be considered as the moral success of the
organisation.
What are the advantages and disadvantages of the systems you use?
The advantages of eco-friendly business are as follows.
 Recycling always reduces the cost of packaging and products.
 Reusing encourages the stuff in using scrap paper for the necessary usages.
 New customers get easily attracted when these good practices happen in an
organisation (Leonidou 2015).
 Helps in innovating new procedures for business activities.
The disadvantages of eco-friendly business are as follows.
 Production level is low.
 The low waste costs a lot.
 The market share increases.
 Material costs reduce.
1B What are the supply chains that you access for raw materials for transforming them
into products or services?
The supply chains that can be accessed for the raw materials are the packaging
materials, market place, retailing shops materials from where all the materials are
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bought, the retailers and sellers.
What are the processes for obtaining raw materials?
The process of obtaining the raw materials are taking directly from the retailing
shops, sending service boys for collecting the raw materials, coming through services,
getting the materials in bulk from the supermarkets.
Are your finished products or services delivered through a distribution system?
Yes, the finished products are delivered by the local distribution channel.
Which compliance and supply agreements and considerations are in place to govern
the supply and use of raw materials?
The supply agreements and considerations for govern the supply and raw materials
are no leaking of personal information, no bargaining while arranging the cost of the
services, service in the particular time along with the best quality of the raw materials.
1C What areas in your organisation are typically used for performance measures?
The areas which are covered are money as profit, the emphasis of customers in case
of quality of the products, innovation along with the adaptation with the change,
input-output relationship in case of productivity and lastly human resource (Kearney
2018).
What are the performance measure assessment tools and techniques used for?
The performance measurement assessment tools are Management by objective,
performance appraisal, rewarding as well as recognizing programs.
1D What is performance reports used for? (Give three examples)
The performance reports are used for
 Communication along with providing useful information and feedback about
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the job which is performed.
 Better work relationship facilitating.
 Record of performance for contributing professional development.
Give an example of a basic process for reporting.
In the case of the E-commerce industry, there is a perforation report of the employees
who have managed to attract more customers and help in escalating the business in
future.
1E What is trend analysis?
The trend analysis is considered as a method that allows in the prediction of trades
that say what is going to happen in the near future. The trend analysis is particularly
based on the historical information about the performance of the stock in a particular
market (Kim et al. 2017).
How can you analyse changing trends and opportunities relevant to your
organisation?
The analysis can be done by identifying the particular areas where the business is
performing very well so that duplicate success can be achievable. Identification of the
particular areas where the business is underperforming should be analysed. The
evidence should be provided for informing about the decision making the process.
What might your analysis of a trend be compared to?
The analysis of trend can be compared to the areas where the business is performing
well enough so that leads to duplicate success in near future.
1F What do you need to think about/ask yourself before you seek specialist advice on E-
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