Analysis of Innovation and Sustainable Development at Ally Fashion

This report analyzes the innovation and sustainable development strategies of Ally Fashion, a prominent Australian clothing retail company. The assignment explores how Ally Fashion can implement innovative practices, focusing on the development of electric shirts and the application of Osterwalder and Pigneur's business model canvas. The report identifies customer needs, analyzes market opportunities based on value propositions, and explores how disruptive innovation can drive strategic advantages. It emphasizes the importance of aligning business interests with customer satisfaction, maintaining profitability, and gaining a competitive edge through technological advancements. The analysis includes risk identification, option analysis, and recommendations for business model implementation to enhance the company's position. The report concludes with a comprehensive bibliography of relevant academic sources.

Innovation and Sustainable
Development

 The assignment focuses on the
importance of innovation and
business model
 The assignment focuses on Ally
Fashion and the manner in which the
company has applied the process
Introduction

 Ally Fashion is the reputed clothing retail
company in Australia
 It was founded in 2001 and since then
have tasted huge success in the business
market
 The innovation focuses on the
development of electric shirts
 It can run on batteries
Identifying the innovation

 Apply Osterwalder and Pigneur’s
business model canvas
 Identify need of the customers
 Analyse the market based on
value proposition
Identifying business models

 Ally Fashion can gain the responses
of the customers
 Application of Electric shirt can help
in the growth of the company
 Focus both on the satisfaction of the
customers and maintain
sustainability
Contd..

 Electric shirt can help in the success
 Disruptive innovation can make
drastic changes in a company
 Adopting innovative technical
changes is a strategic advantage in
the modern world
Problem

 Ally Fashion need to undertake
business innovation policies
 Stable business model can help Ally
Fashion to maintain its competitive
advantage
 Proper external and internal analysis
is required for expansion
 Ally Fashion also require to analyse
the customers
Contd..

 Electric shirts can be used by Ally
Fashion to gain an advantage
 Help to gain a competitive edge over
the business
 Effective home delivery due to
convenient location
Benefits

 Align interest of the company
with customers
 Maintain profitability of the
company
 Reputation can improve
Strategic analysis

 Identify risks
 Use the business model effectively
 Gain financial assistance
Option analysis of the project

 The goal of the company is to maintain
customer satisfaction
 Promote the electric shirt properly
 Technical advancement can help in the
growth of the company
Recommendation

 Business model can help in analysing and
evaluating the current positions of
companies
 The revenue of a company can be improved
with the application of the business model
 Loyalty of the employees and customers are
important
Conclusion