Establishing Systems That Support Innovation: Boral Limited Report

Verified

Added on  2021/02/19

|19
|5041
|22
Report
AI Summary
This report analyzes the establishment of innovation systems within Boral Limited, a multinational construction materials supplier. It begins with an introduction to Boral, followed by an analysis of its current systems, including their impact, objectives, gaps, and competitor analysis. The report then explores system concepts and options for fostering innovation, including individual and group techniques, stakeholder engagement, and feasibility assessments. It details the development of a plan for the new system, addressing the need for specialized assistance, potential impacts on individuals, resources, and organizational practices. The report also covers change management models, innovation system concepts, testing, and implementation strategies, concluding with a discussion of gaps, barriers, and techniques for system development. Overall, the report provides a comprehensive overview of the strategies and processes involved in establishing and supporting innovation within a large organization like Boral Limited.
Document Page
Establish Systems that
Support Innovation
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1. Introduction of chosen organisation...................................................................................1
2. Analysis of the current systems..........................................................................................1
3. Generation of system concepts and options.......................................................................4
4. Development of plan for the system...................................................................................6
5. Trial of the system..............................................................................................................9
TASK 2..........................................................................................................................................11
Covered in PPT.....................................................................................................................11
TASK 3..........................................................................................................................................11
1. Possible ways of new system that support innovation.....................................................11
2. Change management and their models.............................................................................12
3. Five ways to developing innovation system concepts......................................................12
4. Four question for testing...................................................................................................13
5. Innovation trial.................................................................................................................13
6. Gaps and barrier...............................................................................................................13
7. Five different techniques..................................................................................................14
8. Developing a plan for system...........................................................................................15
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16
Document Page
INTRODUCTION
The procedure of transforming an idea or innovation into a value-creating product or
service for which clients pay. In respect to sustained improvement is necessary to maximize an
organization's profitability, performance and overall success (Balland, Boschma and Frenken,
2015). Innovation is the method of realizing that this change is needed and introducing vision to
life within the organization. To build up new ideas, the innovation process can engage with old
ideas in different manner. To stay in competitive environment companies time to time apply
innovation to improve the way things are done. There are consisting of new skills, new ideas
and engage to people for new job. To better understand the concept of establish system that
support innovation selected organisation Boral Limited which is a multinational company. The
company manufacturing as well as supplying building and construction materials in Australia.
The headquarter of the company situated in North Sydney, Australia. The report consist of
current systems that apply in the organisation for innovation, concept and options of systems,
development plan for the system, trial of the system. Along with possible way that help to new
system regarding to innovation, change management and developing innovative system concepts.
Additionally, ask question regarding to testing, different aspects that related to gaps or barrier,
define each step of apply new system for innovation.
TASK 1
1. Introduction of chosen organisation
Boral limited is greatest construction materials and building product supplier in Australia
where conduct several operations in all states and territories. It is a multinational organisation
that spread out business activities in the United States and Asia. There are working about 16000
workers across close to 700 operating sites. The headquarter of the company situated in Sydney,
Australia. It is established in December19, 1960. The organisation provides a range of
developing goods, plaster board products and construction materials that consist of agree-gates
Quarry, stabilisation, Timer decking and many others. Boral limited conduct business activities
into three division such as Boral Australia, USG Boral & Boral North America (Balsmeier,
Fleming and Manso, 2017).
2. Analysis of the current systems
a) Impact of current system in the overall organizational contexts
1
Document Page
A system is a group of different elements that use to communicate with other people in
order to form a whole. It will be affected by the atmosphere and the structure, behaviour and
interconnectivity. In current time company follow product system effectively (Bernstein, 2015)
. In the starting of the invention process can engage with several systems in order to applied
within organisation to support in innovation and impact that systems can have -
Human Resource
Innovation reward system
Learning and development system
product and service review processes
Project management
Quality management
Team management
b) Objectives of current system
In order to assure about the successful change management and invention required to set
objectives of current system. The objectives of current system linked with the general goals and
applied by the companies for potential measurement to get success in an innovation through
system. The main objective of Product system in the context of Boral limited -
Introducing functional or service issues
Modify the business
Earning more profitability
Deducting operation cost
c) Existing gap and barriers in the current system
When Boral Limited apply system after that take time to reflection of current
organisational system. It may consist of invention as well as different activities such as
communication system, financial system or producing system (Berry and Berry, 2018). The
procedure of evaluation monitor of current system work. After determining the activities of
current system in the context of selected organisation then recognise strength and weakness of
the system. There is identifying different gaps or barrier that related to organisation such as:
Limited resources
Fear of failure
No incentive
2
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Lack of leadership guidance
d) Competitor's analysis in terms of current and emerging system
Before apply innovation in the selected company, it is required to know what's going
around the business and most important to know about the competitors strategy. After looking at
system which are being applied within company and recognise several perspective of innovation.
From the competitor perspective focus on the these aspects such as organisation of rivalry, Local,
national or international, size & structure of business, different types of organisation that apply
successful system (Biemans, 2018). Different types of companies apply different system in order
to get success such as
Google's 20% time
Amazon's business model innovation
Netflix's analytics
Samsung's TRIZ
e) Resource required to foster innovation
Foster innovation is related to developing an atmosphere in which ability is motivated
and invention can grow. To develop this type of environment required the resources and
commitment, develop system for foster innovation. In terms of foster innovation consist of
different resources like
Financial
Human
Physical
Management Commitment
f) Key stakeholders who would play a vital role in conceptualizing new system ideas
Stakeholders are those person who related with company in direct and indirect manner
and business activities impact them. When selected organisation apply new system so they are
affecting (positive & negative) by it (Gomez-Uribe and Hunt, 2016). They are essential for
company and have a strong interest regarding to new system. In the key stakeholders consisting
of like:
Board of directors
Staff members
Clients
3
Document Page
Government division or other statutory authorities
Experts
Whenever company have good idea but before apply the system necessary to present in
front of stakeholders and convince them to start the process of new system. When stakeholders
involve in new idea so it will be helpful such as:
Increase the chances of success
lead to better processes
Effort will be more effective
More ideas can be put on the table
3. Generation of system concepts and options
a) Concept and ideas to foster innovation using individual and group techniques
Creating system concepts: Firstly know that organisation require a new system to
operate activities that time create system concepts that will foster innovation. In this procedure
consisting of several alternatives and ideas utilising for mixture of techniques, either individually
or as a group (Howell, 2017). There is required to focus on the different issues, challenges or
problems that identifying whilst generally addressing innovation. There are creating list of
individual and group techniques such as:
Brainstorming
Flow charts
Cost benefit analysis
Mind maps
Process analysis
b) Techniques to discuss ideas with stakeholders
In order to develop different concepts and ideas, there is required to determined them. For
this apply conventional methods to investigate about the ideas, views, concepts and solution
them after identification which are helping to become successful. Through SWOT analysis,
evaluated concepts and ideas. In general words, there is consisting of different stakeholders
which is assisting the thoughts and concepts. They can analysis the activities regarding to idea
and concepts after that choose best one from different options (Kerr and Nanda, 2015) . During
to communication with stakeholder discuss about:
Detailed information
4
Document Page
Introduce any concern and quarry
Ask reviews
Display confidence
c) Justification of chosen system ideas and options and the techniques to test, explore or
challenge them
There is analysing the new system in the context of selected organisation that helps in an
innovation effectively. It is highly difficult because need to fluent how system ideas helps to
build up and make strength and culture enable for long term invention. Due to develop system
ideas and concept than communicate with related stakeholders to disclose ongoing testing,
exploration and challenges. After that establish idea and monitor that ideas will be worked or
not.
Testing ideas and concepts
In this process consist of collecting data and examine work after moving towards right
direction. This can involve applying a practice run for the system ideas and analysing them for
possible issues or failure.
Exploring ideas and concepts
There are involving comparing and contrasting of planned system with similar or old
system within organisation. There are consisting several properties like planned system compare
with other system (Kung and Schmid, 2015).
Challenging ideas and concepts
To face challenge regarding to system required to collect feedback from staff members
and other people with different alternatives. Different people have different perspective
regarding to system that helps to understand the idea or concept. Due to constructive criticism
individual face different challenges for the development and improve idea.
Justification
Many times testing, exploring and challenging of ideas and concepts can highlight
problems which are small. These problems can be recognised through early and modified
information with idea or concept which are feasible and successful. With the help of testing,
exploring and challenging ideas apply actual plan to assure about no resources like time &
money. According to particular procedure recognised of that field that helps to get development
and advanced thoughts (Laeven, Levine and Michalopoulos, 2015).
5
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
d) Define selected ideas and options in terms of feasibility and ability to meet business
requirements
To select right system ideas required to think about the first step where assure about the
timing for selection. It is typical to take time to investigate about the system in respect to select
the best one. In the system idea must have
Have obvious benefits
Be innovative
Have potential
Be feasible Based on the others feedback
Retaining system ideas
There is not required to afraid to change of mind and improve about the ideas, the more
time spend according to ideas and less afterwards. After improving the ideas company easily
save their time, effort and money as won't require to come back to fix things. The particular
procedure depended on the previous testing, exploring and challenging and researching. For
instance refer back to operating research due to similar business and system and examine of
work. Therefore, it will be advantageous to communicate and agree for important refinements
with the relevant parties.
4. Development of plan for the system
a) Need for specialized assistance in terms of coaching and training
As per the selecting system there are going to take further steps regarding to future.
Firstly analysis of whether there is need for differentiated activity due to building and applying
with new system (Lyytinen, Yoo and Boland, 2016). There is set a range of simple advice as well
as suggestion to full fill the participation in entire procedure. There is required to special
assistance such as:
Financial activity
Programming meetings
Any related legal suggestions
Creating new policies
Provide training to individual regarding to new system
Producing a plan
6
Document Page
Assessment of Risk
Relevant health and safety problems
External consultants or advisors
There are introducing those experts which are talented into their field and examine
through the procedure of developing and applying new system. Due to they are not part of the
company so they are helping into provide advise to get set objectives and may be lacking. They
can provide through recommendations, suggestions in selected field that is eventually outside of
own perspective (Moulaert, 2016).
b) Potential impact of the new system on individual, resource and the organizational practices
Due to going ahead with the application of new system that require to determine their
long term and short term impact. It is mainly show impact on
People
Resources
Divisions
Business processes
There is determining the benefits of new system and marked positive impact as well as
negative impact. These are influencing of each company in different manner and determine the
procedure is worth spending as per the time in respect to evaluate the possible impact on the
selected company. These impact linked with the
Quality of the physical environment
Quality of communication channels
Administrative processes
Operational procedure
Impact Analysis
There is examining the potential impact of new system is to utilised for the impact
analysis. It is beneficial in order to recognise the negative impacts or circumstances of new
system. After applying structured approach for brainstorm fulfil the possibility of new system.
c) Operational plan including budget, timeliness and responsibilities
To develop any plan required to control essential activities which is working as useful
tool. Without any plan apply the system is likely to scrap problems and end up frailty like time
7
Document Page
and money (Nanda and Rhodes-Kropf, 2016). To prepare a operation plan consist of
responsibilities such as
Deduct the price of effort and time needed
Assure about the same page
Recognise new area that helps which is necessary
Provide guidance
Stay on track
d) Communicational plan to introduce the new system
Communication plan is designed to support everyone to discuss effectively regarding the
system that introduced effectively. This plan consist of map that define about the journey of new
system and aiming to acquire. It consist of explanation of nature of system and selection between
the made and have been involved stages.
There are identified several types of approaches which is applied by the selected
organisation in order to communicate with their employees. In this plan consisting of
Purpose
current situation
Objectives
who will require to interact with
Methods
The company applied two way process to communicate with people and apply it for new
system.
e) Learning and development strategy
Learning and development strategy will define the abilities of the staff members than
successfully apply the new system. After that introduce how the abilities, skills and
competencies are created (Parker and Van Alstyne, 2017). There are defining five steps
regarding to learning and development strategy
Determining the coaching and training needs
Developing coaching and training specification
Considering the learning styles and personality of those involved
Planning about the coaching, training and evaluations
Designing materials and methods
8
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
5. Trial of the system
a) Procedure to obtain, examine and integrate feedback of relevant stakeholders
System proposal: It is a congealed idea to put for trial and produce and present system. It
is defined as final step where take approval for new system. This system proposal present a
outline the best way to proceed and carry the related individual that actually supply the system.
In the proposal plan consist of
Features of the system
Objectives of the system
Benefits of the system
Costs of the system
Resources
Risks
Schedule
Presenting proposal: This proposal show in front of related stakeholders and in
appropriately way consult with them. It present in two way first one written report and second
verbal presentation (Saebi and Foss, 2015). In the written report consist of these topics such as
Visually attractive
Readable
Under stable
Concise
Well structured
Feedback: After analysing the proposal of new system stakeholders provide feedback
that help to understand the best way that proceed. It should be utilised shaping and linked with
the system development procedure accordingly.
b) Discussion of parameters for trial
Trial: It is a approach that is applied to test the activities of new system at smaller level
before committing regarding to company. It will allow for test the efficiency and the qualities in
order to know effectiveness of the introduced plan. Through trial marked issues that linked with
new system
Roles
Responsibilities
9
Document Page
Skills
Finances
Schedule
After conducting trial procedure focus on different aspects that make better of the system:
Risk and issues
Entire Plan
Budget
Allotted resources
Parameters of trial: Before trying the system it is required to analysis of actual work that done by
the system and which it should happen. In the context of trial plan that is based on the company
as well as system (Souto, 2015). There is assuring about the trial that happen in certain situation.
Possible parameters will also required to putting the system for trial. Parameters are defined as
limit or restrictions that face trial. For example
Resources
Finances
Staff
Time
c) Implementation plan to initiate the trial, including all consultative, coaching and technical
issues
Once accepted the rial go ahead from the starting of the procedure. Every system and its
trial related to the company, set goals & objectives and put mind with the help of chapter. During
to implementation of plan define about the new technology at the work place and provide
training for the learning procedure or modifying project management within trial field (Tidd and
Bessant, 2018).
d) Monitoring, review and continuous improvement procedure for the developed system (4.5)
With the help of trial to monitor and review the plan regarding to development system.
There is required to system show effect and ask the question like:
Is the system helping to accomplish set goals & objectives?
Is it foster for innovation?
Are the important skills and knowledge apparent?
10
chevron_up_icon
1 out of 19
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]