Think Big Assignment (Solution)

Running head: THINK BIG
Think Big
Name of the Student
Name of the University
Author Note

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Table of Contents
Introduction................................................................................................................................2
Reason for innovation................................................................................................................2
Idea benefits...............................................................................................................................3
Success factors...........................................................................................................................5
Feasibility of the idea.................................................................................................................6
Conclusion..................................................................................................................................7
Individual contribution...............................................................................................................7
Reference List............................................................................................................................8

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Introduction
The recent operations of the business has to be done in an innovative manner so that
the business can be sustained in the competitive market. The failure to adopt the new insights
within the organization will ensure that the companies may not survive in the long term. The
main purpose of the report will be to highlight the safety procedures that will be taken up by
Kinderloop so that the organization can function in a proper manner. The application of the
technology within the organization will be done with the help of Safety Australia Group, as it
provides the safety assets to other organizations. The main reason for the organization to
install safety procedures will be for effective management of the children (Britto et al., 2017).
Reason for innovation
The development of the children is very important for which proper safety measures
needs to be taken up by the organization. It will also result in increasing the inflow of
customers towards the organization. In a country lime Australia, it can be seen that
developing the children will result in the progress of the country in the future. The
educational functions that are provided to the children will allow them in gaining a better
understanding of the culture and the values that are present within the country. The main
advantages for children development is as follows:
 Development of their emotional skills
 Developing their skills
 The capacity to learn will also increase to a great extent
 The logical understanding and knowledge will also increase (Morrongiello et al.,
2014)
The parents in the recent times are facing issues regarding the proper development of
their children, as they are busy with their work schedule. This hampers the amount of times

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that needs to be spent with their child. Another factor is that the new parents do not have a
proper idea regarding the conditions that are favourable for their children to be developed in a
proper manner. Therefore the development of the children needs to be documented so that it
can nurture the values within them in an efficient manner (Pianta & Walsh, 2014).
Idea benefits
The new idea that will be taken up by the organization will result in using the new
processes so that more number of clients can be attracted towards the company. The use of
the safety procedures will result in providing the security in a proper manner so that the
accidents within the work place can be avoided at all costs. This will provide the following
benefits:
 The security of the children can be ensured within the organization
 The activities of the child can be monitored in a proper way so that the documentation
of the development process can be done effectively
 The collection of feedback will help in ensuring that the security system can be
installed in a proper manner (Leigh et al., 2013)
The use of the proper safety procedures within the organization will also result in
increasing the profits of the company, as the customers will be able to trust the company. The
safety procedures that will be installed within the organization will result in avoiding the
accidents, which may hamper the goodwill of the company. The instalment of the safety
procedures will be done by charging an amount from the clients for the first 4 months so that
the application can be installed in a successful manner. The use of the safety procedures will
result in communicating with the clients in a proper manner so that regular updates can be
provided to them (Ansell, 2016).

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The new presence of these type of organizations in the market has resulted in different
issues, which needs to be controlled so that the organization can perform in a proper manner.
Moreover, the organization will be implementing the B2B model so that proper support can
be provided to the other organizations as well who are dealing with the same type of
business.
Key Partners
The safety
organization that is
Safety Australia
Group will be the
major partner, as it
will provide the
safety applications
to the company
Key Activities
The safety
procedures need to
be controlled with
the help of mobile
applications so that
the monitoring
process will result in
documenting the
development of the
children.
Value Proposition
The use of the safety
applications within
the organization will
result in increasing
the loyalty of the
company among the
potential clients
Customer
Relationships
The clients of the
company need to
pay a minimum
fees for the first 4
months after the
safety procedures
have been installed
in to the
organizational
system.
.
Customer
Segments
The main
customers for the
company will be
the children
between the age of
3-7 years, as it is
the developing
years among the
children.
.
Key Resources
The use of the latest
technologies will
result in ensuring
that the safety
procedures can be
done properly.
Channels
The use of the
technology will
be promoted
with the help of
online and print
media
Cost Structure
The use of the security services will be charged at an amount
of $100, as the cost has to be borne by the potential clients
for the first 4 months
Revenue Streams
The fees from the clients will be the main
revenue for the company
The use of the business to business model will

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There are the normal services as well for which the clients
do not need to pay where the children will not be monitored
result in increasing the facilities within the
organization (Tilley & Sidebottom, 2017)
Business model canvas
Success factors
The organization will have the following success factors:
Checking the development
The children needs to be monitored in a proper manner so that the process of
development can be done properly. The organization will be keeping a check on the activities
that are being done by the child so that it can result in documenting their developmental
process. It will also increase the level of attraction among the clients so that the profit of the
company can be increased (Goldweber, Waasdorp & Bradshaw, 2013).
Market research
The safety procedures that will be used within the organization will help in providing
a competitive advantage to the company over the rivals that are present. The process of
feedback has to be considered by the company so that it can result in providing better services
to the clients (Keys et al., 2013).
Use of latest technologies
The safety procedures that will be adopted in the market will be done based on the
technological advancements that are present in the market. This will result in monitoring the
children in a proper manner. The success of the idea depends on including the technologies
that are present so that the organization can be sustainable. The operating cost of the
company will also be high in the first few years, as the use of the resources in a proper

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manner will result in making the business sustainable in the long run (Goldweber, Waasdorp
& Bradshaw, 2013).
Controlling the risk
The use of the latest applications within the organization may also result in risks, as
there may be risks related to technologies and economy as well. These risks need to be
monitored in a proper manner so that it can result in the smooth functioning of the company.
The contingency plan of the company will result in calculating the risks so that the business
can be controlled and can be sustainable in the future as well (Keys et al., 2013).
Feasibility of the idea

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Conclusion
The analysis that was conducted has shown that the safety procedures that are
installed within the organization will result in increasing the profit as well. The idea is
positive in nature and has to be done with the demands that are present in the market so that it
can be beneficial for the organization.
Individual contribution
The assignment has been done with the help of others so that it can be completed in a
timely manner. The research that was carried out has been done with the help of the
secondary data and the idea of the innovation has been based up on researching the market
along with the article review.

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Reference List
Ansell, N. (2016). Children, youth and development. Routledge.
Britto, P. R., Lye, S. J., Proulx, K., Yousafzai, A. K., Matthews, S. G., Vaivada, T., ... &
MacMillan, H. (2017). Nurturing care: promoting early childhood development. The
Lancet, 389(10064), 91-102.
Goldweber, A., Waasdorp, T. E., & Bradshaw, C. P. (2013). Examining the link between
forms of bullying behaviors and perceptions of safety and belonging among
secondary school students. Journal of School Psychology, 51(4), 469-485.
Keys, T. D., Farkas, G., Burchinal, M. R., Duncan, G. J., Vandell, D. L., Li, W., ... & Howes,
C. (2013). Preschool center quality and school readiness: Quality effects and variation
by demographic and child characteristics. Child development, 84(4), 1171-1190.
Leigh, J., Dettman, S., Dowell, R., & Briggs, R. (2013). Communication development in
children who receive a cochlear implant by 12 months of age. Otology &
Neurotology, 34(3), 443-450.
Morrongiello, B. A., Widdifield, R., Munroe, K., & Zdzieborski, D. (2014). Parents teaching
young children home safety rules: implications for childhood injury risk. Journal of
Applied Developmental Psychology, 35(3), 254-261.
Pianta, R., & Walsh, D. (2014). High-risk children in schools: Constructing sustaining
relationships. Routledge.
Tilley, N., & Sidebottom, A. (Eds.). (2017). Handbook of crime prevention and community
safety. Taylor & Francis.

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