Creativity, Enterprise and Innovation: Digital & Data Skills Report

This report delves into the critical digital and data skills required for effective enterprise management, covering a range of topics from self-skill audits to action plans for skill development. It explores the application of advanced technologies, such as AI, big data analytics, and IoT, and their impact on enterprises, including considerations related to the COVID-19 pandemic. The report further examines how innovation can benefit both management and customers, emphasizing strategies for managing the risks associated with innovation. It includes a detailed self-audit of digital competencies, outlines a practical action plan for skill enhancement, and discusses the strategic use of technology to drive enterprise success. Furthermore, it addresses the importance of innovation in business models, marketing, and services, and provides insights into mitigating the risks inherent in the innovation process.

REPORT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Self-audit of digital and data skills..............................................................................................1
Action plan for the development of your data & digital skills....................................................2
Application of advances in technology or impact of COVID-19 on the enterprise....................3
Innovation to benefit the management of the enterprise & the customers..................................4
Managing the risks associated with innovation...........................................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Skills can be defied as ability of an individual to perform an action or complete a task in
order to complete that task on time (Wu and Li, 2018). There are various kinds of skills that are
required to be developed by an individual for effective management of an enterprise and for
completing a task on time in a proper and appropriate manner. this report will lay emphasis upon
digital and data skills required for management of enterprise, action plan for development of data
and digital skills, ways in which advance technology can be applied to the enterprise and ways in
which it can be supported for effective enterprise management, and ways in which risk
associated with innovation can be managed.
MAIN BODY
Self-audit of digital and data skills
Digital and data skills are those skills that can be used by an individual for using digital
devices, network, communication devices etc. for management of information or data. There are
various kinds of digital and data skills that are required to be present within an individual. Skill
that have been developed within me during this module and skills that are required to be
developed have been easily identified with the help of self- skill audit “Online Testing Tool that
Maps your Digital Competencies”. This skill audit helped me in providing an overview of skills
that are required to be developed within me and skills that have already been developed within
me during this module. This self- skill audit helped in identifying that as per my total score and
skills I was on level four which is an intermediate level. With the help of this self- skill audit
helped in evaluating what kind of skills I do have, whether I am good in those skills or need
improvement. So this test helped me in understanding that I am good in all the skills and score of
all the skills of my lies in normal range only but if lowest score skills are analysed then I have
identified few skills in which there is still scope of improvement. I have also identified skills in
which I am extremely good in like I have achieved highest score in self- service, identify
management, law because if score of these skills is compared with normal score then I have
achieved top score in these skills. I need to bring improvement within my automation, data
protection skill and critical evaluation. If my automation skill is analysed then it can be said that
I have lowest score in it and need to bring improvement within my overall automation skills. I
have developed my searching and storage skill in an excellent manner. It can also be said that I
can easily search for new information and store in in an appropriate manner. but I need to bring
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improvement within my critical evaluation skill. I man not much good in critically evaluating
new information and there is still scope of improvement which is required to be developed and
managed in an effective manner for enterprises. I also need to bring improvement within my data
protection skills by enhancing my ability to identify and protect sensitive data or data which is at
risk. I can easily identify sensitive data which is required to be protected but I need to learn new
skills and abilities though which I can identify risk level associated with the data and ways in
which it can be protected. I also need to enhance my overall knowledge about new technology,
ways in which I can use online services safely so that my overall self-service skill can be
improved in a proper and effective manner.
Action plan for the development of your data & digital skills
Action plan can be defied as a kind of plan that helps in outlining action needs for
achievement of desired goals and objectives (Miller, 2017). Development of action plan can
help in developing plan though which I can bring improvement within identified skills in which
there is scope of improvement. Action plan for development of identified digital skills are as
follows:
Action Specific Measurable Appropriate Realistic Time Status
1 To enhance
automation
skills
I have better
understanding of
ways in which my
ideas can be used for
automation but I need
to identify ways in
which I can create
digital solution to
compete a task in a
fully automated
manner.
This self-
evaluation test
helped me in
understanding
that there is still
scope of
improvement for
improving this
skill
I will work with
my mentor and
take advice from
seniors to work
on my
automation skills
3 months In process
2 To enhance
critical
evaluation
skills
I need to bring
improvement within
critical evaluation
skill so that I can
Self- evaluation
score helped me
in understanding
that there is still
I will discuss it
with my senior
teachers so that I
can identify ways
1 month In process
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evaluate digital
information when I
sent or receive it
from any platform.
scope of
improvement for
bringing
improvement
within this skill
in which my
critical
evaluation skills
can be enhanced.
3 To enhance
data
protection
skills
I need to learn new
skills though which I
can improve my data
protection skill
Score of data
protection is in
normal category
but still this score
helps in
understanding
that there is
scope of
improvement
within my data
protection skills
I will join
training course so
that I can learn
new ways and
techniques
though which I
can bring
improvement
within my skill
3 to 4
months
as per
the
duration
of
training
course
Not started
4 To easily
identify risk
level
associated
with the
data
Analysis of my past 3
months performance
I can says that there
is a need to learn new
ways for identifying
risk associated with
data which is stored
within system or
applications
This self- skill
score helped in
identifying that in
order to learn
new ways of
protecting data it
is important to
identify risk level
associated with
data first
I can attend
online courses to
learn new ways
of identifying
risk. I can also
ask my mentor to
provide guidance
to me so that I
can easily learn
new ways of
identifying risk.
2 months Need
improvement
Application of advances in technology or impact of COVID-19 on the enterprise
Today advancement in technology has increased dependency of enterprises on digital
technology. Advances in technology like Artificial intelligence, Big data analytics, internet of
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things today have become three important digital pillars upon which every industry is based. All
the three advance technologies are used and applied by every enterprise today (Krawczyk-
Dembicka, 2017). All of these three advance technologies are applied by organization in many
different ways. Internet of things today have turned competitive trend to a means of survival for
enterprises. Enterprises applies IoT technology within their business for understanding
competition in the market in which they operate. It further helps them in developing products
that reduced human efforts using IoT products like Alexa, Siri etc. Advance technology like
Artificial intelligence is applied by enterprise. for analysis of large volume of data for extraction
of meaningful data or information which is useful for decision making. Most of the enterprise
use this technology to replace human brain so that this technology can be used to react to certain
actions or task. Technology like Big data analytics is applied within enterprise today as it makes
storage and analysis of large data much easier. All of these three technologies are today used by
organizations in many ways. it has further helped in reducing negative impact of Covid-19 on
organizations (Gorkhali and Xu, 2017). This advance technology has made it possible for
organizations to manage most of their business operations either with half human resources or
manage their business operations from home. Covid-19 has forced every organization to allow
work from home, manage their functions and main operations with half human force but
applicability of this advance technology has made it possible for them to reduce negative impact
of this Covid-19 in enterprise (Brunswicker and Chesbrough, 2018). Like IoT has made
connectivity within people possible and has helped in connecting most of the devices together so
that transfer of data can be done easily. Technology like Big data has helped organizations to
analyse changing trend and customer preference according to Covid-19 so that they can bring
changes within their business operation, products and services accordingly which has helped
them to deal with this Covid-19 situation and reduce its negative impact on their business
operations.
Innovation to benefit the management of the enterprise & the customers
There are various ways and places within business operations where innovation can be
brought in such a manner that it benefits both management of enterprise and their customers/
clients in a proper manner. it is important for enterprises to bring innovation within their business
processes as it can be beneficial for them as well as for their customers (Wikhamn, 2019). Most
of the organizations focus upon bringing innovation within their products, services, marketing,
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business model and in many other areas as these are the main areas that can help an organization
to gain benefit. Innovation in terms of business model can directly help them in reducing overall
operability cost and can also help in reducing time and resource wastage as well. It is beneficial
for enterprise because it can reduce their operational cost and increase revenue (Brunswicker and
Chesbrough, 2018). It is beneficial for their customers because it can help them in getting
products and services in lower cost. It is further beneficial for management of organization in
motivating and managing their employees so that employees can work upon enhancing their
overall performance (Kandampully, Bilgihan and Zhang, 2016). It can also be said that
innovation in business model can help organization in bringing improvement within their
relationship with their employees. Innovation in marketing can directly help management of
enterprise in boosting their market position which is beneficial for them to attract more new
customers. Enterprises that are on top market position also provide guarantee of their products
and services which is beneficial for their customers as well because they can get products and
services in lower price with guarantee.
Managing the risks associated with innovation
Innovation is one of the most important part of an organization that can directly help an
enterprise to bring improvement within their products and services, attract a greater number of
customers and further helps the organization in sustaining within the market in which they
operate. Many times, it further helps an enterprise to gain competitive advantage as well but
there are various kinds of risk associated with innovation due to which it becomes extremely
important for organizations to identify ways in which they can manage risk associated with
innovation within their organization (Taghizadeh, Rahman and Hossain, 2018). There are many
ways in which organizations manage risk associated with innovation within organization, some
of the most common ways are: First is by identifying limitation of innovation as identifying main
limitation of innovation help organizations to understand ways in which it can result in some
unexpected outcomes. Second is by involving risk management in entire innovation cycle.
Involvement of risk management can help organization in developing strategies though which
they can integrate management of identified risk with innovative process. It not only helps in
management of risk but also helps in ensuring success chances of innovation (Dellermann,
Fliaster and Kolloch, 2017). Developing new competence is another way in which risk
associated with innovation can be managed. Development of new skills cand knowledge helps an
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enterprise to reduce limitations associated with innovation that can further help in management
of risk associated with innovation in an easy and effective manner.
CONCLUSION
From the above Business Model Canvas report it has been summarized that there are
various kinds of skills that are required by an enterprise manager for successfully completing
their roles and responsibilities in an effective manner. it is important for an individual to identify
skills in which improvement is required to be brought for becoming an effective enterprise
manager. It has further been analysed that there are various kinds of advance technologies that
have been adopted by organizations that has nor only made operability of business easier but has
also helped in reducing negative impact of Covid-19 on organization.
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REFERENCES
Books and Journals
Brunswicker, S. and Chesbrough, H., 2018. The Adoption of Open Innovation in Large Firms:
Practices, Measures, and Risks A survey of large firms examines how firms approach
open innovation strategically and manage knowledge flows at the project
level. Research-Technology Management. 61(1). pp.35-45.
Dellermann, D., Fliaster, A. and Kolloch, M., 2017. Innovation risk in digital business models:
the German energy sector. Journal of Business Strategy.
Gorkhali, A. and Xu, L.D., 2017. Enterprise architecture: a literature review. Journal of
Industrial Integration and Management. 2(02). p.1750009.
Kandampully, J., Bilgihan, A. and Zhang, T.C., 2016. Developing a people-technology hybrids
model to unleash innovation and creativity: The new hospitality frontier. Journal of
Hospitality and Tourism Management. 29. pp.154-164.
Krawczyk-Dembicka, E., 2017. Analysis of technology management using the example of the
production enterprise from the SME sector. Procedia Engineering. 182. pp.359-365.
Miller, C.L., 2017. CAREER ACTION PLAN: Applying Analytical Thinking Skills in an Online
Career Development Course. Career Planning & Adult Development Journal. 33(1).
Taghizadeh, S.K., Rahman, S.A. and Hossain, M.M., 2018. Knowledge from customer, for
customer or about customer: which triggers innovation capability the most?. Journal of
Knowledge Management.
Wikhamn, W., 2019. Innovation, sustainable HRM and customer satisfaction. International
Journal of Hospitality Management. 76. pp.102-110.
Wu, B. and Li, Y., 2018, October. Design of evaluation system for digital education operational
skill competition based on blockchain. In 2018 IEEE 15th International Conference on
e-Business Engineering (ICEBE) (pp. 102-109). IEEE.
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