Innovation and Sustainable Business Development: Palazzo Versace Case

This case study explores innovation and sustainable business development at the Palazzo Versace Hotel, focusing on the implementation of wearable applications to improve employee performance, enhance information sharing, and reduce operational costs. The study highlights the significance of this technology in improving individual performance, facilitating team management, and ultimately enhancing customer satisfaction. The business case components, including problem identification, benefits realization, strategic response, options analysis, and delivery considerations, are discussed. The analysis suggests that adopting wearable technology can lead to improved team coordination, enhanced service quality, and better overall employee engagement, contributing to the organization's objectives in an effective manner. Desklib offers a range of resources, including past papers and solved assignments, to support students in their academic pursuits.

Innovation and Sustainable
Business Development
A case study based on
Palazzo Versace Hotel

Table of Content
• Introduction of Idea
• Value and significance of generated
idea
• Business case components
• Conclusion
• References

Introduction of Idea
• This presentation is based on Palazzo
Versace Hotel.
• Innovations in information sharing is
required for the hotel.
• Use of wearable applications are the
innovative change for the
organization.
• It enhance the management of
employees in activities.

Value and significance of
generated idea
• Use of wearable application is significant to
in improving individual’s performance.
• It is effective to decrease operational cost.
• It will be effective to enhance information
sharing and flow of order in the
management.
• Team managers can trace their employees
in the hotel to monitor them.
• It will improve the value of deliverables for
clients.

Business case
components
1. The Problem
• Employees took more time to
accomplish a task in the hotel.
• Misinterpretation of information
misguides to employees.
• Management of employees is
required to engage them work
properly.

Continued
2. Benefits
• Use of wearable application based on smart
watch concept will be improve monitoring.
• Enhance the information sharing in the
employees.
• Improve the team work to attain shared
goals in the hotel.
• Improve the customer satisfaction by the
use of warble application.

Continued
3. Strategic response
• This innovation in the hotel will effect
on the employees performance.
• Team coordination will improve by
this innovative change.
• Quality in providing services will
improve by the innovative change.

Continued
• 4. Options analysis
• CCTV monitoring is effective to trace
employees in the hotel.
• Whatsapp can be used for flow of
orders in the employees.

Continued
5. Delivery
• Hotel should use effective size of
gadgets in this innovation to provide
employees.
• The wearable application device
based on smart watch concept have
to be user friendly.
• Hotel management have to provide
these gadgets in 6 months.

Conclusion
• Innovative change is significant in the
organisation.
• Use of information technology develops
potential of organisation to attain its
objectives in effective manner.
• Use of wearable applications are effective
to engage employees in the work.
• Development of information technology is
significant for organisations.

References
• Zhou, A. H., Cheng, W., Zhou, D. T., &
Zhou, T. T. (2016). U.S. Patent No.
9,342,829. Washington, DC: U.S.
Patent and Trademark Office.
• Zhou, T. T., Zhou, D. T., Zhou, A. H.,
Xing, Z. T., & Xi, M. M. (2017). U.S.
Patent No. 9,646,300. Washington,
DC: U.S. Patent and Trademark
Office.

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