Report on Building a Sustain and Innovative Work Environment for MMI

This report outlines the development of an innovation policy for MMI Professional Education Pty Ltd, focusing on building a sustainable and innovative work environment. It details the purpose, which is to foster innovation in both the workplace and products offered by the company, which provides VET accredited and non-accredited business courses. The report defines innovation policy and its various types, including product, procedure, management, and marketing innovation. It outlines objectives, responsibilities, and procedures for implementing the policy, emphasizing the importance of resources, recognition, review, and employee training. The report also explores related policies, an innovation model, and concludes with a discussion on the implementation of these policies to improve services and products. The report also includes a briefing report section which discusses ideas, risks and approaches to work practice changes. Finally the report includes workplace environment discussion and changes made to promote innovation and consistency.

Running head: BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Name of the Student
Name of the University
Author Note

1BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Table of Contents
Introduction................................................................................................................................3
Purpose.......................................................................................................................................3
Definition...................................................................................................................................3
Objectives...................................................................................................................................4
Responsibilities..........................................................................................................................4
Procedures..................................................................................................................................4
Resources...................................................................................................................................5
Recognition and Celebration......................................................................................................5
Review........................................................................................................................................6
Training......................................................................................................................................6
Related policies..........................................................................................................................6
Innovation Model.......................................................................................................................6
Conclusion..................................................................................................................................6
References..................................................................................................................................7

2BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Introduction
Innovation plays an essential role in the economy. It offers advantages to the citizens
as both workers and the consumers. It is important to develop better jobs, creating a society
that is greener and upgrading the quality of life. In the global market, the policy of innovation
is the interface between the development policy that is technological and research and the
policies of industries and it aims to develop a framework that is conducive in order to bring
the ideas to market. The report discussed about the development of the innovation policy for
the MMI Professional Innovation Pty Ltd.
Purpose
The purpose of this report is to develop an innovation policy for the MMI
Professional Education Pty Ltd. This organization offers education those are the VET
accredited and non-accredited courses of business to the clients those are corporate
(Etzkowitz and Zhou 2017). The innovation policy is to be developed in order to make the
workplace innovative and to make the product innovative. The strategic plan of the company
also need to be discussed before the innovation polices are developed.
Definition
The innovation policy includes the generation of idea and the recognition of
opportunity required to take benefit of the opportunities of market in order to introduce a new
market, service or products (Mazzucato 2018). Any kind of product, business or service may
be used. There are various types of innovation polices are to be developed. These include
product innovation, procedure innovation, management innovation and marketing innovation.

3BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Objectives
The objectives are to develop the strategic plan of the company MMI Professional
Education Pty Ltd. After developing the strategic plan, the innovation policies of the
company is to be developed so that the company can innovate new ideas and products,
innovate procedures and other innovation to make the company increase its revenue by
providing services to its corporate and local clients.
Responsibilities
It is the responsibility of the project manager of the company to distribute the roles
and responsibilities to the various employees in the company MMI Professional Education
Pty Ltd. The responsibility of product innovation is to be given to the employees’ who deals
with the products of the company. The development of procedure innovation must be
allocated to the employee that deals with the processes of the company. The development of
the marketing innovation of policies must be allocated to the employees who do the
marketing of the products of the company. The development of the management innovation
policies are to be allocated to the members of the administration of the company as the
administration department manages the Company.
Procedures
The procedures for the development of the policies are to be done by the company. It
includes whether there is a requirement for the guidance about how the policies will be
developed and by whom. The product innovation policies are to be developed by the
employee that deals with the products of the company and it should be consist of the
innovative products that will help the customers (Cunningham et al 2019). The process
innovation policy is to be developed by the employee that handles the process of the
company. The policy will consist of the improvement of the procedures and the way it will

4BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
help the company to provide excellent services to the clients. The marketing innovation
policies are to be developed by the employee that deals with the marketing of the company.
The policy will consist of new ideas in order to advertise the new product that will be created.
It will also deal with the promotion of the packages and the services that will be developed
newly. The members of the administration of the company will develop the management
innovation policy. The policy will include new ways to manage the company.
Resources
In order to develop the innovation polices, resources are required for the development
of the policies. The main resources those are required for the formulation of the policies
include the people. The people are the most important resources that are required while
developing the policies. Another resource that is important in order to support the innovation
is time (Berger and Kuckertz 2016). The law of resources call the business to assign various
equipments for the purpose of innovation and developing the innovation policies. The most
crucial resource in order to develop the policies of innovation is money and it is required to
purchase the items those are required to formulate the innovation policies.
Recognition and Celebration
The innovation policies for the MMI Professional Education Pty Ltd are to be
developed by the various employees and the managers. These people will be provided with
proper recognition as they are developing the policies for the company. The people that will
be provided with proper recognition include the project manager, the product manager, the
marketing manager, Process manager and the members of the administration unit of the
company.

5BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Review
Before the policies are implemented they should be reviewed by the project manager
in order to see that the polices are well developed and it can be implemented by company.
The review of the policies should be done to see that the policies are meeting the purposes.
Training
After the policies are developed, the employees of the company are to be trained
according to the policies. The Company should enforce the policies to the employees and
they should adopt the policies in order to make improvements in the company. The company
must hire an HR expert in order to provide training to the employees according to the
innovation policies those are developed.
Related policies
The related policies that can be formulated side by side to the innovation policies
include the IT policies of the companies that is related to the information technology of the
company. The behaviour policies are related to the behaviour of the employees inside the
workplace, attendance policies that is related to the attendance of the employees and the Pay
policies that is related to the salary of the employees.
Innovation Model
The innovation model includes the model that can be developed by the innovation
policies that is the developed by the managers of the company in order to provide excellent
services to the customers. The innovation model will help the company to develop new and
innovative products, improve its procedures, develop new methods of advertising and
manage the company well to serve its clients properly.

6BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Conclusion
The report deals with the development of the innovation policies of the MMI Professional
Education Pty Ltd. The innovation policies include the products, processes, marketing and
the management of the company. These policies will help the company to innovate new ideas
and to provide excellent services its corporate as well as local clients.

7BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Briefing Report
Legislation
The innovation principle is a tool that helps to accomplish the EU policy objectives by
making sure that the legislation is designed in a way that develops the best conditions for the
innovation to precede. The principle means that in the future when the commission creates
new initiatives it will take in account the impact of innovation.
Ideas
The innovative ideas that are got during the research are the product ideas such as the
automating the procedures of the company and making new products for the clients so that
clients can get help in their education (González-López et al 2019). The company can
develop new marketing strategies and advertising so that they can properly advertise the
products such as the making gifs for the advertisement in the social media, hiring
professionals for the advertisement in the television and many more.
Risks
There can be various risks in the ideas that are suggested to the company. The risks
can be that the company does not have enough funds in order to carry out the suggestion or to
purchase the equipments those are required to carry out the suggestion. It can be mitigated by
taking loans from the banks and then purchasing the equipments (Lyall 2017). Another risk
can be scope creep that means that changes, continuous or uncontrolled growth in the scope
of project. The scope creep can be mitigated by the documentation of the requirements of the
project.

8BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Approaches to Work Practice Changes
The work practices needs to be changed in the company and due to these innovation
policies are developed. The approaches are to change the way the products are developed, the
processes are changed, and the procedure needs to be automated using some technology so
that the procedures are improved. The approaches are consistent, the Company like MMI
would approach them like the way it is discussed, and it will make the company better.

9BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
Workplace Innovation Report
Workplace Environment
The workplace environment must be proper so that the employees of the University,
teachers and the students can work properly. The environment should be good such that it is
innovative and it is student and teacher friendly. The workplace must be installed with
technologies so that it is easier for the teachers to teach the students. The workplace will be
innovative and technically advanced.
Changes Made
The changes that will be installed in the university include the various technologies
that will be installed in the various classrooms (Chaminade and Padilla-Pérez 2017). The
workplace will be made innovative. The technologies that will be installed in the classroom
include smart boards. The cubicles of the teachers will be made innovative so that they
communicate with each other properly and the classrooms will be automated. The
technologies include smart tables, projectors, many more will help the teachers to teach the
students, and it will be easier for the students to learn from the innovations and the
technology.
Consistency
The innovation and the changes will be consistent as they are being installed in the
university and it will align to the changes that are made in the university. The consistency
will help to provide proper services to the students and it will help the students in their
lessons. The innovation policies those are implemented to provide excellent services to its
clients and to make the university better in terms of technology and procedures.

10BUILD A SUSTAIN AND INNOVATIVE WORK ENVIRONMENT
References
Etzkowitz, H. and Zhou, C., 2017. The triple helix: University–industry–government
innovation and entrepreneurship. Routledge.
Mazzucato, M., 2018. Mission-oriented innovation policies: challenges and
opportunities. Industrial and Corporate Change, 27(5), pp.803-815.
Cunningham, J.A., Lehmann, E.E., Menter, M. and Seitz, N., 2019. The impact of university
focused technology transfer policies on regional innovation and entrepreneurship. The
Journal of Technology Transfer, 44(5), pp.1451-1475.
Berger, E.S. and Kuckertz, A., 2016. Complexity in entrepreneurship, innovation and
technology research: applications of emergent and neglected methods. Springer.
Chaminade, C. and Padilla-Pérez, R., 2017. The challenge of alignment and barriers for the
design and implementation of science, technology and innovation policies for innovation
systems in developing countries. In Research Handbook on Innovation Governance for
Emerging Economies. Edward Elgar Publishing.
González-López, M., Asheim, B.T. and Sánchez-Carreira, M.D.C., 2019. New insights on
regional innovation policies.
Lyall, C., 2017. New modes of governance: developing an integrated policy approach to
science, technology, risk and the environment. Routledge.