Innovation through technology
The detailed description of your innovation project should provide enough information to propose the project to a client or a source of
The detailed description of your innovation project should provide enough information to propose the project to a client or a source of funding entity. The solutions’ technology, operational environment, and competitive value should be addressed. All areas covered in Part 1 should be revisited in more detail. The idea here is to compel the reader to embrace the solution.
The Project Paper Description Document should be written in APA format and not be around TEN double-spaced pages (Excluding the Cover Page, Summary – Conclusions, References, Bibliography, and/or Appendices), using no larger than the Times New Roman 12-point font.
The Final Project should consist of the following.
1. Cover page
2. Table of contents
3. Executive summary:
A. One page
B. Summarize the key points of the Final Project. Make sure you point out how the proposed technology solution supports business innovation.
4. Introduction
(a) Half page
(b) Explain the purpose of this report.
(c) Provide an overview of the report’s contents; for example, identify sections.
5. Project Plan
(a) One and a half to two pages
(b) The organization would need to create a project to facilitate identifying needs and solutions and the implementation of the solution. Here, address the following issues regarding such a project for your proposed technology. (TCO E)
1) Identify how many people would be on the project team to carry out the project. Briefly list each participant (e.g., project manager, network administrator, etc.) and the role of each.
2) Identify and discuss four to six key skills the project manager needs.
3) Identify three to four possible reasons why this project could fail.
4) Explain any planned work that might be outsourced (if any)
(C) A project to implement a technology uses some type of system development methodology. Identify a system development methodology (e.g., waterfall, prototyping, agile, iterative, etc.) and explain how you would use it for this project. Explain why you selected this methodology over others.
6. Organizational background
A. Half page
B. Give an overview of the company and its history.
7. Business problems or opportunities overview
A. Half page
B. This project seeks a technology solution to solve a business problem or take advantage of an opportunity. Here, explain the problem or opportunity.
8. Overview of the technology solution category
A. One and a half to two pages
B. Give a brief overview of the technology solution category you discussed in the research paper (Project Part 2).
C. Explain why this is an appropriate solution for the problem/opportunity identified.
D. Explain how this technology enables business innovation.
E. Summarize how the organization can demonstrate CSR with the implementation of this technology.
9. Alternative solutions and recommendations
A. Not more than Three pages
B. Do one of the following.
i. If the technology category discussed in the section above can be provided by multiple vendors/companies, do the following.
1) Select two specific products/vendors.
A. Research and present a description and analysis of each of the products/vendors selected.
B. Compare the selected products/vendors, pointing out similarities and differences.
C. Recommend one of the products/vendors and explain why it was better than the other alternative.
ii. If the technology discussed in the section above is provided by only one vendor/company (i.e., there are not multiple products/vendors), do the following.
1) Research and describe the vendor/product that provides this technology.
2) Select one other technology category that could have been used as an alternative to the selected technology category.
A. Research and present a description and analysis of the alternative technology category.
B. Compare the alternative and selected technology categories, pointing out similarities and differences.
C. Explain why the selected technology category was a better choice than the alternative.
10. Performance measurement plan
A. One page
B. Once the solution is implemented, we must be able to measure how successful the solution is in solving the problem or taking advantage of an opportunity. This measurement is generally done over a period of time. Here, you will lay out a plan outlining how to measure the solution’s success.
i. Explain how data will be gathered to measure the success of the solution.
ii. Explain the metrics you will use as key performance indicators (KPIs) to measure success and why you selected these metrics.
11. Organizational Impact
A. One and a half to two pages
B. Explain how the implementation of this solution will impact business processes. Explain the changes that will take place.
C. Explain how implementing this solution will impact the organization in other ways (Will it require changes to organizational structure, personnel, etc.? Will the organization need to make changes in other areas to integrate this solution?)
D. Explain how the solution will improve or support decision-making in the organization.
E. If your solution did not deal with a data-based system (such as an enterprise system, big data, database system, business intelligence, data analytics, web analytics, data-driven website, etc.), explain how one such system could be used to improve or support decision making in the organization.
12. Summary – Conclusions
A. Half to one page
B. Summarize the main findings and future steps.
13. Bibliography
14. Appendices (optional)
15. You must use at least three authoritative resources. Credible reference sources are available through the DeVry Library. But you don’t have to limit yourself to this library. Please do not use Wikipedia.
16. The written document for this assignment should follow the APA style of citing references in the text and on the bibliography page.
17. Ensure correct spelling and grammar (use built-in tool with MS Word).
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Item |
Description |
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Formatting, editing, organization, and structure of the document |
Include a title page followed by an introduction; you may use the same introduction you created for Part 1 or update it. Address each of the required sections in separately labeled sections of the document. The document should be free of any spelling, punctuation, or grammatical errors. Sentences and paragraphs should be clear and well organized, as should the entire document. References are required. |
|
Brief Background of the project idea with a brief description of the business or organization |
Provide a brief business or organization background consisting of how that business or organization has operated and how your innovative solution will change how it will operate in the future. |
|
Description of the of the problem with respect to the opportunity for innovation |
Describe the innovative idea that will help transform the business or organization to make it more competitive. |
|
Description of the technology integration components |
Describe the technology and/or systems components needed to deploy the solution. Consider describing business partners that may be needed to complete the solutions. |
|
Description of the of operational environment of the solution |
You should describe the infrastructure needed or in place, for example, network partners’ delivery mechanisms and payment methods. |
|
Sustainability |
Describe why the solutions should be embraced and how it may be funded and sustained. |
|
Project Summary |
Provide a summary of the project. |
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