Purpose of this Assessment
Statement: Apply innovative frameworks and strategies to address organizational problems.
Title: Recommendations for Increasing Value, Creativity and innovation in your chosen company.
double-spaced, Times New Roman, APA 6th Edition Headings and Citations, Title Page and
References
Using the Outline.
you are to examine how creativity and innovation have affected the company you have chosen. You are
to design strategies to increase cash, profit, and growth in this company through understanding
innovation and creative dynamics within the global marketplace. You will analyze and apply decision
matrices for creative opportunities, and/or to mitigate risk, and/or for legal considerations in the global
marketplace as they pertain to your company. The Analysis should also include your assessment of your
company’s collaboration style, and apply this across stakeholders, including customers and suppliers, to
increase creativity, innovation, and profitability, if applicable.
double-spaced, Times New Roman, APA 6th Edition Headings and Citations, Title Page and References.
each). You do not need to use the exact three headings below, but they are recommended.
Your research from the “Risk Analysis” paper can be included and expanded on here, but not copied and
pasted. Further develop what you wrote for this previous assignment in regards to Risk and also explore
the topic of Corruption for both the industry and company you have chosen. Note that the Risk that is
identified needs to be supported and clearly explained by data analysis (not opinion). Risks will generally
include something that can be solved using the material from this (e.g., creativity, innovation, and/or
collaboration between stakeholders). Also, the Foreign Consumer Protection Act (FCPA) should be
discussed in this section of your Analysis as it relates to your chosen industry/company. Note that risk
factors such as having “old machinery” or something general like “bad management” do not qualify as
Risks for this paper.
Starting with the information you gathered in the paper titled “Competitor Analysis,” further research
and analyze the competition for your company in the same industry. You can choose to keep the same
three competitors or find others, but do not change the company. Just a reminder that the competition
you choose should be comprised of companies who compete for roughly the same customers as your
company, and are not necessarily the largest competitors in the industry. Also, as a reminder, you should
choose competitors who are publicly held as financial information is readily available.
In this part of your Analysis section, determine what the competition may do better than the company
that you chose. Opportunities can be found through an honest analysis of the competition. Also, identify
ways that the competition is more creative, and/or innovative, and/or collaborative. This portion of the
Analysis lends itself to a table, chart or graph that is followed by the analysis.
Using what you developed for the paper titled “Collaboration in the Workplace” and in the Competition
section of the Analysis (the previous section in this document), you may have found that your
company’s competitors are strongly collaborative in creative and interesting ways. Note any
information you have found regarding collaboration in this three to four page section of your paper.
Also, you also learned about the value of teams in regards to innovation. As collaboration is an integral
part of teamwork, you should explore your company and its competitors assemble teams and utilize
teamwork to foster innovation in this section of your paper. In addition, highlight any opportunities that
you have determined from the Risk and Competition sections of the paper that tie in with the
collaboration style of your company (as an example, a comparison/contrast can be used here if
appropriate for the information you have gathered). Be mindful that this is not the Action Plan so there
should not be specific steps outlined. Also be sure to save any recommendations for the Conclusions/
Recommendations section of the paper. It is appropriate to show in-depth data analysis and/or to
analyze some of the stronger synergies that have resulted in increased profitability in this section of your
paper.
Using the Conclusions/Recommendations you created in the “Outline,” write the finalized version of your
Conclusions/Recommendations for your paper.
tell a company what they “must do.” Rather you should make specific conclusions regarding the operation
of the company you have chosen and the recommendations for creative and innovative improvements.
The last step of your paper is to create an Introduction that includes research on the industry you have
researched, as well as the company. The Introduction will
clearly point to the Action Plan and will show the analyses that the you have performed. The
Introduction is written after the Analysis and Conclusions/Recommendations sections of the paper as
until those sections are written, you do not know what you are introducing. The information from the
“Outline” will be referred to in the Introduction regarding both the history and position of the company
within the industry as well as the history of innovation (successful and unsuccessful). The Introduction
should not be more than ¾ to one page so be succinct.