Term 4 2018 BSBINN501 Innovation Systems Assessment Project Analysis

This document presents a comprehensive solution for the BSBINN501: Establish Systems that Support Innovation assessment, a project undertaken as part of a Diploma of Business program. The assessment comprises two main tasks. Task 1 involves an idea pitch demonstration, where the student proposes an innovative idea for a selected company (Rassure) to senior management, analyzing the market potential, conceptual idea, and value proposition. The assessment is based on criteria defined against four sections. Task 2 requires the student to analyze a case scenario, explaining how the new system supports innovation within the organization. This includes an explanation of change management concepts and theories, innovation concepts and techniques, analysis of the technical context, and the typical barriers to innovation. The document includes an analysis of the chosen case study (Rassure), outlining the company background, business objectives, innovation area, current performance, performance gaps, future business direction, and resources needed to support the new direction. Additionally, it provides a discussion on the Australian government's 'The Innovation Connections' initiative, explaining its purpose and benefits. The document provides a detailed overview of the company, including its background, objectives, and innovation area, and uses this information to develop and analyze a proposed innovative solution.