CMI 517: Principles of Innovation

Assessment brief CMI 517 features the following assessment tasks. Further detail is provided against each assessment task within the brief.

  1. Write a report entitled: The role of innovation within organisations’

LO1 Understand the role of innovation within organisations

1.1 Examine the reasons for innovation in organisations
1.2 Analyse the types of innovation within organisations
1.3 Evaluate factors that support a culture of innovation in organisations

2. Write a report entitled:‘The process of managing innovation in an organisation’

LO2 Understand the process of managing innovation in an organisation

2.1 Evaluate methods used to drive innovation in an organisation
2.2 Examine the process for innovation in an organisation
2.3 Discuss the role of the manager in leading innovation in an organisation
2.4 Analyse the role of stakeholders in the innovation process
2.5 Evaluate methods used to measure the impact of innovation in an organisation
TASK 1

Write a report entitled ‘The role of innovation within organisations’ which must include well chosen examples from a range of organisations.

The report must:

  1. Examine the reasons for innovation in organisations (AC1.1)
  2. Analyse the types of innovation within organisations (AC1.2)
  3. Evaluate THREE (3) factors that support a culture of innovation in organisations (AC1.3)
TASK 2

Write a report entitled ‘The process of managing innovation in an organisation’. 

You may base your response on ONE (1) example of innovation (i.e. a new product, process or service) or use a range of well chosen examples of how innovation is managed in an organisation you know well or have researched.

The report must be presented in THREE (3) sections:

  1. The methods and process used to manage innovation in an organisation

To complete this section of the report you are required to use examples to:

  1. Evaluate THREE (3) methods used to drive innovation in an organisation (AC2.1)
  2. Examine the process used for innovation in an organisation (AC2.2)

B. The role of stakeholders in the innovation process

To complete this section of the report you are required to use examples to:

  1. Discuss the role of the manager in leading innovation in an organisation, (AC2.3)
  2. Analyse with examples the role of stakeholders in the innovation process (AC2.4)

C. Methods used to measure the impact of innovation

To complete this section of the report you are required to use examples to:

  1. Evaluate THREE (3) methods used to measure the impact of innovation in an organisation (AC2.5)

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