Manage Innovation and Continuous Improvement Assignment | Homework For You

Learner Evidence BSBMGT608: Manage innovation and continuous improvement This document is to provide the learner with a reference point for recording their own performance on criteria required for this unit. They should detail the nature of the evidence, where it can be accessed and its relevancy to the criteria. In your own words, please provide details for any evidence you refer to, answering the following: ? What did you do? ? When did you do it? ? When or over what period of time did you do it? ? How did you do it? ? What was the outcome? Evidence must be: Valid – the evidence you provide must be directly relevant to the unit criteria you are submitting it for. Sufficient – the evidence you provide must be substantial enough to allow someone to judge your competency.

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Note that this means the evidence should be high quality, rather than high quantity. Authentic – the evidence must be your own work (or assessment of your own work). Current – the evidence you provide must be from the present or the very recent past (e.g. qualifications must still be recognized and valid).? Element/criteria Details of evidence of competency in criteria

1. Review programs, systems and processes 1.1 Establish strategies to monitor and evaluate performance and sustainability of key systems and processes 1.2 Undertake detailed analyses of supply chains, and operational, product and service delivery systems 1.3 Identify performance measures, and assessment tools and techniques, and evaluate their effectiveness 1.4 Analyse performance reports and variance from plans for key result areas of the organisation 1.5 Identify and analyse changing trends and opportunities relevant to the organisation 1.6 Seek advice from specialists, where appropriate, to identify technology and electronic commerce opportunities

2. Develop options for continuous improvement 2.1 Brief groups on performance improvement strategies and innovation as an essential element of competition 2.2 Foster creative climate and organisational learning by promoting interaction within and between work groups 2.3 Encourage, test and recognize new ideas and entrepreneurial behaviour where successful 2.4 Accept failure of an idea during trialling and recognize, celebrate and embed success into systems 2.5 Undertake risk management and cost-benefit analysis for each option or idea approved for trial 2.6 Approve innovations through agreed organisational processes

3. Implement innovative processes 3.1 Promote continuous improvement and sustainability as essential to doing business 3.2 Address the impact of change and consequences for people and implement transition plans 3.3 Ensure objectives, timeframes, measures and communication plans are in place to manage implementation 3.4 Implement contingency plans in the event of non-performance 3.5 Follow up failure by prompt investigation and analysis of causes and manage emerging challenges and opportunities effectively 3.6 Ensure that learnings from activities are captured and managed to inform future work 3.7 Regularly evaluate continuous improvement systems and processes 3.8 Communicate costs and benefits of innovations and improvements to relevant groups and individuals Performance Evidence Evidence of the ability to: ?

Analyse and evaluate systems and performance in key areas of the organisation and identify opportunities for improvement, seeking advice from experts as appropriate ? Promote the value of creativity, innovation and sustainability and recognize successes ? Support the testing and trialling of new ideas and undertake risk management and cost-benefit analysis for options ? Plan for and implement improvements using organisation’s processes for approvals, project management and change management ? Facilitate effective contributions to and communications about continuous improvement and innovation ? Capture insights, experiences and ideas for improvements and incorporate them into the organisation’s knowledge management systems and future planning

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once. Foundation Skills This section describes language, literacy, numeracy and employment skills incorporated in the performance criteria that are required for competent performance. Learning ? Plans and implements strategies to review and improve own performance Reading ? Analyses, evaluates and integrates facts and ideas to construct meaning from a range of text types Writing ? Integrates information and ideas from a range of sources, utilizing appropriate support materials ? Communicates complex relationships between ideas and information, matching style of writing to purpose and audience Oral Communication ? Participates in a variety of spoken exchanges with co-workers and stakeholders when developing options and implementing the continuous improvement plan Numeracy ?

Selects and interprets mathematical information to analyse performance ? Performs calculations required to establish timeframes, cost-benefits and measures for continuous improvement and innovation processes Navigate the world of work ? Adheres to organisational policies and procedures and considers own role in terms of its contribution to broader goals of the work environment Interact with others ? Recognizes the importance of taking audience, purpose and contextual factors into account when making decisions about what to communicate, with whom, why and how ? Recognizes the importance of building rapport to establish positive and effective working relationships ? Collaborates with others to achieve joint outcomes, playing an active role in encouraging innovation and facilitating effective group interaction Get the work done ?

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Plans, organises, implements or reviews organisational strategies, systems and processes ? Applies problem-solving processes to identify risks, evaluate options and determine solutions ? Uses lateral and analytical thinking to evaluate options against needs, resources and constraints before making decisions ? Facilitates a climate in which creativity and innovation are accepted as an integral part of achieving outcomes ? Recognizes that the current way is only one way of doing something and explores possibilities that challenge current approaches ?

Actively identifies systems, devices and applications with potential to meet current and or future needs, with the help of specialists Knowledge Evidence To complete the unit requirements safely and effectively, the individual must: ? Outline cost-benefit analysis methods ? Describe creativity and innovation theories and concepts ? List organisational learning principles ? Identify quality management and continuous improvement theories ? Describe relevant risk management concepts ? Outline relevant sustainability practices. Get Finance homework help today