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BSBSTR601 Manage Innovation And Continuous Improvement

Assessment 1

Questions and Answers

Question
 

1.

Explain the meaning for each of the following innovation and continuous improvement concepts. Provide an example where possible.
1.1 Approval process It is the kind of workflow which consist of the range of steps that the work should pass for being approved (Van Niekerk & Getz, 2019).
1.2 Change Management It is the organized approach to dealing with the transformation of processes and goals of the organization.
1.3 Coaching It is the method of instructing the group or individual on how to develop various skills to improve performance.
1.4 Contingency Plans It is a plan made for taking into account the probable future circumstance.
 

1.5 Continuous Improvement

It is the technique of lean improvement that assists in streamlining workflow.
 1.6 Cost Benefit Analysis It is the procedure utilized for measuring the benefits of the decision or taking relevant action deducting the costs related to taking that particular action.
 1.7 Creativity It is the tendency for generating or recognizing possibilities or ideas that might be useful to solve issues.
 

1.8 Feedback

It is information about the performance of an individual or product which is utilized as the basis for enhancement.
 1.9 Gap Analysis It is the method of evaluating the business performance for determining whether the objectives of the business are met or not.
 1.10 Innovation It is the process or action of innovating.
 

1.11 Knowledge Management

It means effective handling of resources and information within the organization.
 1.12 Learning It is the acquisition of skills or knowledge through experience and study.
 1.13 Mentoring It is the method of giving support and guidance to individuals that will help them in process of development and learning.
 1.14 Objectives It is the goal towards which the efforts are directed (Van Niekerk & Getz, 2019).
1.15 Organisational Attitudes These are the ways through which the individuals within the company respond.
 1.16 Organisational Culture It is the collection of practices that inform and guide the actions of entire members.
 1.17 Organisational Values These are the guiding standards that give the organization direction and purpose.
 1.18 Project Management It is the application of experience for achieving particular objectives as per the criteria of project approval within approved parameters.
 1.19 Quality Management It is the act of overlooking entire activities required to maintain the desired excellence level.
1.20 Rewards Program – Staff These are the programs mainly set up by the organization for rewarding performance and motivating staff.
1.21 Risk Management It is the process of managing and monitoring probable risks for reducing negative implications for the organization.
1.22 Supply Chain It is the network of entire individuals, activities, and organizations involved in the sale and creation of the product.
1.23 Stakeholders It is the party that mainly has an interest in the organization and could either impact or be impacted by the business.
1.24 Sustainability It is the capability for being maintained at a definite level.
 1.25 Timeframes These are the particular time structure in which specific thing happens.
1.26 Workplace It is the place where individuals work.
2. Identify two methods of cost-benefit analysis. Briefly explain when each method should be used.
Method Explanation of When Each Method is Used
a. Net present value It is the current value of cash flow at the needed return rate of the project mainly compared to the first investment
b. Payback period It is the time amount it mainly takes for recovering the investment cost (Ross, 2017).
 

3.

Define knowledge management systems.

 

Provide at least two examples of knowledge management systems used in an organisation.

a. Definition of knowledge management systems
These are the system of IT that store knowledge for improving collaboration.
b. Two examples of knowledge management systems
1. Self-service portals
2. Forums of community
3. Bases of knowledge (Ross, 2017).
 

4.

For each of the following creativity and innovation theories, explain what each theory means.

Creativity and Innovation Theory Brief Explanation of the Theory
 a. Incremental innovation It is the sequence of little improvements that are made to the present services or products of the organization.
 b. Disruptive innovation It is the procedure of changing the expensive service or product into accessible and affordable to the wider population (Heagney, 2016).
 

5.

Not every new idea or product or method can be termed as an innovation. List at least four (4) key tenets of innovation.

1. Determine the expectations, wants and needs of the consumer
2. Innovation must be focused and simple
3. Innovation sources for opportunities should be analyzed
4. Innovation must target leadership
6

Complete the table below:

§  Identify at least four (4) learning principles used in a workplace.

§  Outline how each principle effectively facilitates learning.

§  Outline how each identified principle can be applied in a workplace setting.

Conduct your own research to determine how each principle can be applied in the workplace.

 

Learning Principle

How each Principle Facilitates Effective Learning Application of each Principle the Workplace
 

1. Performance standards

It gives employees the structure of how the organization expects them to perform. These are applied for ensuring that both employees and employers are on a similar page regarding expectations of the job.
 

2. Guidance

It assists the individuals in understanding their potential for acquiring knowledge It enhances the work relation and uses for facilitating the potential of individuals
 

3. Communication

It promotes efforts, changes attitudes and inspires thinking. It builds employee engagement, satisfaction and morale.
 

4. Feedback

It is very productive for the learning of students when they are explained what is right and what is wrong. It motivates employees; also enhances the performance of the team (Heagney, 2016).
7.

Listed below are three different objectives of an organisation.

Identify the most appropriate quality management and continuous improvement theory to meet that objective and briefly explain why this theory is the most appropriate.

Organisational Objective Quality Management and Continuous Improvement Theory
 

1. Minimise variance (variation) in time taken for forms processing

Continuous improvement- it is all about the ongoing development of a specific service or product. This way of thinking enables the organization to recognize changes and adjust its operations accordingly.

Quality management- Although we are all aware that it is nearly difficult to completely eliminate variances, we can lessen the impact they have. We must continuously analyses new and developing patterns in the corporate environment if we are to lessen the impact of variation (Golestaneh, et al., 2021).

Explanation
 this theory is most suitable because it helps in reducing the variance.
 

2. Reduce wastage on the production floor

Quality Management and Continuous Improvement Theory
Continuous improvement theory- According to this theory, a product can be improved by recognizing the needs of the market & making changes in response to those needs.

Quality management theory- This idea focuses on administering, collecting, assessing, and monitoring data. A particular set of statistical and mathematical techniques used in quality management help to shrink the factory floor.

Explanation
this theory is most suitable because it helps in reducing the wastage.
 

 

3. Implement continuous improvement across the entire organisation

Quality Management and Continuous Improvement Theory
Continues improvement Theory: The improvement of goods and services that are environmentally friendly is the main goal.

Quality Management: The primary goal of quality management is to raise the standard of goods and services provided to the public.

Explanation
this theory is most suitable because it helps in implementing the continuous improvement.
8. Complete the table below by:

§  Identify at least three (3) concepts of effective risk management.

§  Discuss how each concept increases effectiveness of risk management processes

§  Discuss how each concept can be applied in a workplace setting Conduct your own research to determine how each risk management concept is to be applied in a workplace.

 

Concepts of Effective Risk Management

Explanation of How Each Concept Increases Effectiveness of Risk Management Processes Application of Each Risk Management Concept into Workplace Setting
 

1. strong management

to reduce the risk management will be helpful Strong management would result in the development of risk-appropriate policies.
 

2. with the decision making integrate the risk

in decision making it will be helpful in making people aware about or regarding the risk in management it can be applied to making an effective decision.
 

3. continuous development

if there is continuous development it will lead to better decision-making and growth of the organization. continuous development can be done by seeking feedback from the employees and applying their feedback in the decision making. As they are the person who knows the organization very well.
 

9.

Outlined below are core internal systems in an organisation.

For each of these systems, identify and define at least two (2) key aspects based on which improvements can be defined and measured for each of them.

 Internal Systems  Key Aspects  Definition
 

 

 

1. Supply Chains

 

a. planning

to get the better results from the supply chain, the process starts with the planning. It helps in matching the supply with the demands of customers and manufacturing.
 

b. sourcing

effective supply chain depends on strong relationship with the suppliers. Souring is done with the supplier through the process of manufacturing.
 

 

 

2. Operational Systems

a. security management The security management system serves as supervisor mode and provides a highly secure firewall for the system. OS handles and quickly fixes the faults without any problems.
b. process management it helps in effectively managing the operating system without any kind of time delay or overlapping.
 

 

 

3. Product Systems

a. consistency of data  data consistency produced within the organization.
b. accuracy of data it is the data quality measures based on the factors like reliability, completeness and accuracy.
 

 

 

4. Service Systems

a. capacity management management of capacity within the organization.
b. service level management management of services within the organization (Traunspurger, et al.,  2019).
10. Outline and explain each of the five (5) steps for conducting gap analysis.
Step Explanation
 1. focus area is defined boundaries are set and scope of analysis is defined.

 2. desired future state is identified

then desired future state is framed for innovation in fairly larger terms.
 3. current state is assessed when the future state is identified now its time to get the understanding about the current stage. SWOT analysis can be conducted to assess the current state.
 4. right KPIs are choose for every focused area some specific measured will be added.
 5. action plan is created a specific action plan is created to conducted the gap analysis (Haegerbaeumer, et al., 2019).
 

11.

Explain what an Internal Stakeholder is and provide at least three (3) examples of who an Internal Stakeholder may be.

Internal stakeholders are those who have a direct interest in a firm, for instance through employment, administration, or investments.

examples-

1.        top management

2.        project team members

3.        resource manager (Mosaddad, et al., 2021).

Assessment 2

Task 1

INNOVATION AND CONTINUOUS IMPROVEMENT FACT SHEET
Learner Name
Workplace/Organisation The bounce fitness private limited
State/Territory Australia
Date Prepared 25 – 08 – 2022

SYSTEMS AND PROCESSES – KEY OBJECTIVES

Key Systems

Indicate the name and a brief description of the system.

 

Performance Objective

 

Sustainability Objective

a.       Customer relationship management  Client feedback To make a long relationship with the client by providing the right service
b.      Marketing The number of the customer subscription  Adapting as per the market requirement
Key Processes

Indicate the name and a brief description of the process.

 

Performance Objective

 

Sustainability Objective

a.       Customer support system Assisting with every query Enhancing the system
b.      Marketing strategies Making the right strategy to attract a different group Making a plans for every group

EVALUATION AND MONITORING STRATEGIES

Evaluation Strategy
Strategy Checking the database
Established Date 25 – 08 – 2022
 

 

Evaluation Metrics

Performance Sustainability
1 Increasing subscription

2 positive customer feedback

Make sure to make changes as per the market need.
Evaluation Tools/Methods Report of data of customer subscription and the complaint from the client
Outcome The result will show the direction of the process
Monitoring Strategy
Established Date 25 – 08 -2022
Monitoring Schedule

(select anyone)

¨ Daily ¨ Weekly ¨ Monthly ¨ Annual ¨ Other (please specify)
 

Outcome

 Constant observation (Akaeze, 2016).

TEAM MEMBERS

Member 1 Details
Name Jack
Contact Information
User Role

List the relevant system or process that this team member uses, from the table above and their role/function for that system/process.

System/Process Used by Team Member Team Member’s Role in the System/Process
Customer support Customer support
Communication to Team Member
 

Ways of Working

Making changes in strategies
Key Objectives Increase client satisfaction
Expectations Positive client feedback
 

Desired Outcomes

Continue to make improvements
Member 2 Details
Name John
Contact Information
User Role

List the relevant system or process that this team member uses, from the table above and their role/function for that system/process.

System/Process Used by Team Member Team Member’s Role in the System/Process
Marketing Marketing
Communication to Team Member
Ways of Working Making changes as per requirement
Key Objectives To increase customer subscription
Expectations Increase customer subscription
Desired Outcomes Manage customer subscription

Task 2

MEETING MINUTES
Learner Name
Workplace/Organisation  The bounce fitness private limited
State/Territory  Australia

[MEETING TITLE]

 

Date

25 – 08 -2022 Time  18:00 Meeting Location Meeting hall
Purpose of meeting To identify the new areas of improvement in the organizational system and process
Facilitator Operational manager
Notetaker Staff member
Attendees Attendees must sign beside their name after the meeting.

Internal stakeholders

Review of Previous Action Items

Write NA or Nil if not applicable for this meeting.

Action Items Person Responsible Remarks
Offers for new member Financial manager Increased client
Ease of subscription Project manager Quick subscription adapted
strategies Manager New strategies for work
Agenda Item 1: [Topic]
Discussion
To increase the customer subscription
Agenda Item 2: [Topic]
Discussion
To make changes as per the requirement of the industry
Agenda Item 3: [Topic]
Discussion
Plan for different age groups (Byukusenge, & Munene, 2017).
Agenda Item 4: [Topic]
Discussion
Revised marketing strategies
Action Items for Next Meeting
Action Items Person Responsible Target Date
To increase customer subscription Manager 26 – 08 – 2022
To increase customer satisfaction Relation manager 26 – 08 – 2022
To manage customer retention Supervisor 26 – 08 – 2022

Task 3

Meeting roleplay

Operational manager: good morning to both of you present over here today.

Team member: good morning to you too sir.

Operational manager: as you all know that this meeting is about innovation-based coaching on which the ideas will be discussed for the betterment of the firm.

Team member: ok sir as we already have something to suggest too it will be a good opportunity

Operational manager: ok then let’s begin

Team member 1: sir for marketing we can make a brand t-shirt and logos on it.

Operational manager: that’s great do it.

Team member 2: sir to make better relationships with the customer we can increase the support staff

Operational manager: very good do it.

Team member: thank you, sir

Operational manager: okay then this is all for this meeting thank you for joining.

Team member: your welcome sir.

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: meeting summary

Attachment:

Dear stakeholder,

This is to inform you all about the meeting which has been conducted for the coaching to the team member please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 4

Mentoring session 1

Operational manager: good morning

Team member: good morning sir

Operational manager: this mentoring session is about providing you the right guidance about how you can do better in customer satisfaction and can increase their overall experience, to do so you must be creative and include different points of view which must include the customer’s personal and don’t forget that the customer must have an experience that he can not forget.

Team member: yes sir I understand the whole concept that you are trying to convey and I will implement it as soon as possible.

Operational manager: all right thank you for attending the meeting

Team member: your welcome sir.

Mentoring session 2

Operational manager: good morning

Team member: good morning

Operational manager: this meeting is about how you can increase the marketing area so that you can target more try to be innovative more as you have suggested about the logo on a shirt like that keep it up.

Team member: thank you sir I will

Operational manager: thank you for joining me today

Team member: your welcome sir

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: meeting summary

Attachment:

Dear stakeholder,

This is to inform you all about the mentoring session which has been conducted for the team member for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 5

INNOVATION AND CONTINUOUS IMPROVEMENT OPPORTUNITIES REPORT
Learner Name
Workplace/Organisation The bounce fitness private limited
State/Territory Australia
Date Prepared 25 – 08 – 2022

PERFORMANCE VARIANCE ANALYSIS

Performance Variance Analysis 1
System / Process Name Customer relation management
System / Process Type ¨ Supply Chain ¨ Operational System ¨ Service System
Documents Analysed
Performance Report Name: customer relation

Date: 25 – 08 – 2022

Organizational Plan Name: to enhance customer relation

Date:

Variance Analysis
Amount of Variance As per the changing need of customer it has been observed that there is much more can do to increase the service in many different ways.
Cause of Variance

Analyze and explain the reason for variance, for example, objectives were mapped incorrectly.

The main cause is the recent pandemic that has to change the client way of thinking and now they are more focused on their safety (Chaudhary, et al., 2015).
Performance Variance Analysis 2
System / Process Name Marketing strategy
System / Process Type ¨ Supply Chain ¨ Operational System ¨ Service System
Documents Analysed
Performance Report Name: marketing strategies

Date: 25 – 08 – 2022

Organisational Plan Name: innovative marketing strategies

Date: 25 – 08 – 2022

Variance Analysis
Amount of Variance Different approaches has been introduced
Cause of Variance

Analyse and explain the reason for variance, for example objectives were mapped incorrectly.

 The main cause of change is the recent pandemic which has shifted the whole marketing strategy to online
 

 

Description

Briefly describe two trends and two opportunities and the source of information

 

 

Organisational Relevance

Explain how the trend / opportunity is relevant to your organisation

 

 

System / Process Relevance

Explain how the trend / opportunity is relevant to your organisation’s key systems and processes

Trend / Opportunity Analysis
Internal Impact Analysis

Analyse impact on internal systems or processes if the trend / opportunity becomes stronger and weaker

External Impact Analysis

Analyse impact on customers, suppliers, partners, etc. if the trend / opportunity becomes stronger and weaker

 

 

 

Trends

a.       Getting fitness in daily life For fitness people generally go to the gym As there is a need for marketing and the awareness around it will help in it. It will increase the cash flow It will promote the brand
b.      Awareness of nutrition Nutrition plays a vital role and the right information could be provided Marketing for protein supplements won’t require It will increase the cash flow It will promote the brand
 

 

 

Opportunities

a.       Can increase the client subscription As people want to get healthier they will choose gyms for fitness purposes As there is a need for customer subscription It will increase the cash flow It will promote the brand
b.      Can also think about adding health food court Can offer protein powder and other supplements Can help in marketing of supplements It will increase the cash flow It will promote the brand
Supply Chain
System / Process Name management
Data Source

Mention how primary and secondary data was collected.

¨ Primary Data

1 overall perfromance

¨ Secondary Data

1 what persona others having about the firm.

Improvement Area Required better service
Improvement Analysis Need of right approach
Operational System
System / Process Name Marketing strategy
Data Source

Mention the details for primary and secondary data collected.

¨ Primary Data

1 required experienced staff

¨ Secondary Data

1 need the external data for the better approach

Improvement Area Required online marketing service
 

Improvement Analysis

There is a need of digital marketing
Service System
System / Process Name Customer relation
Data Source

Mention the details for primary and secondary data collected.

¨ Primary Data

1 client feedbacks

¨ Secondary Data

1 brand value and standards

Improvement Area Better customer service
Improvement Analysis As per the current market requirement

GAP ANALYSIS

 

 

 

System / Process

 

 

 

Organisation Objective

 

 

 

Current State Performance

 

 

Improvement Need

Identify the performance gap

 

 

Gap Analysis

Identify the causes

Improvement Opportunity

Select one cause as the improvement opportunity with explanation

Supply Chain Management Smooth supply needed Better Nothing much Disturbed due to pandemic Take the advantage of the situation by creating the solution
Operational System Marketing Revised marketing strategy needed Good Keep going Disturbed due to pandemic Provide the solution
Service System Customer service Better customer experience excellent Need to maintain Disturbed due to pandemic The right approach at the moment to capture the audience.

RISK ASSESSMENT

 

 

Risk Description

Risk Assessment

Refer to the Risk Rating Matrix to populate the values below

 

 

Contingency Measure

Likelihood (L) Impact (I) Risk Rating (R) Priority Level
a.       Customer not getting good service unlikely moderate Moderate Medium  Immediate instance served if something get wrong
b.      There is a fault in marketing strategy rare Major high Medium Different plans to follow in failure of one plan

COST BENEFIT ANALYSI

Improvement Opportunity-1

Improvement Opportunity Implementation Approach

Outline the key steps to implement the improvement opportunity

a. increase customer satisfaction

b. different plan for marketing

c. getting advantage in pandemic

Assumptions
Costs
 

 

Cost Head

Q1 Q2 Q3 Q4  

 

Total per Cost Head

Identify the costs and benefits along with the period when they will occur. Modify the period as applicable. Ensure that the period used for costs matches the period used for benefits below.

Customer service $ 20 $ 60 $ 100 $ 60 $
marketing $ 50 $ 90 $ 80 $ 90 $ 250
Total Costs per Period $ 70 $ 150 $ 180 $ 150 $ 550
Benefits
 

Benefit

 

Q1

 

Q2

 

Q3

 

Q4

Total per Benefit
Customer service $ 30 $ 70 $ 100 $ 60 $ 260
marketing $ 50 $ 90 $ 90 $ 100 $ 330
Total Benefits per Period $ 80 $ 160 $ 190 $ 160 $ 590
Cost Benefit Analysis
Total Cost $ 550 Total Benefit $ 590 Return          on Investment $ 40
Improvement Opportunity-2
Improvement Opportunity Implementation Approach

Outline the key steps to implement the improvement opportunity

a. increase the revenue

b. increases the sustainability

c. increase the satisfaction

 

Assumptions
Costs
 

 

Cost Head

Q1 Q2 Q3 Q4  

 

Total per Cost Head

Identify the costs and benefits along with the period when they will occur. Modify the period as applicable. Ensure that the period used for costs matches the period used for benefits below.

Marketing $ 20 $ 60 $ 100 $ 60 $ 240
Service to cutomer $ 50 $ 90 $ 80 $ 90 $ 250
Total Costs per Period $ 70 $ 150 $ 180 $ 150 $ 490
Benefits
 

Benefit

 

Q1

 

Q2

 

Q3

 

Q4

Total per Benefit
Marketing $ 20 $ 60 $ 100 $ 90 $ 270
Service to cutomer $ 60 $ 100 $ 100 $ 90 $ 250
Total Benefits per Period $ 80 $ 160 $ 200 $ 180 $ 570
Cost Benefit Analysis
 

Total Cost

$ 490  

Total Benefit

$ 570 Return          on Investment $ 80
PERSONNEL APPROVALS
 

Objectives

 

Timeframes

 

Measures

Communication Plan
Date 25 – 08 – 2022 25 – 08 – 2022 25 – 08 – 2022 25 – 08 – 2022
Received From Operational manager Operational manager Operational manager Operational manager
Mode of Approval email email email email

Task 6

MEETING MINUTES
Learner Name
Workplace/Organisation  The bounce fitness private limited
State/Territory  Australia

[MEETING TITLE]

 

Date

25 – 08 -2022 Time  18:00 Meeting Location Meeting hall
Purpose of meeting To identify the new areas of improvement in the organizational system and process and the learning opportunity for the team members
Facilitator Operational manager
Notetaker Staff member
Attendees Attendees must sign beside their name after the meeting.

Internal stakeholders

Review of Previous Action Items

Write NA or Nil if not applicable for this meeting.

Action Items Person Responsible Remarks
Offers for new member Financial manager Increased client
Ease of subscription Project manager Quick subscription adapted
strategies Manager New strategies for work
Agenda Item 1: [Topic]
Discussion
To increase the customer subscription and to provide the best customer service.
Agenda Item 2: [Topic]
Discussion
To make changes as per the requirement of the industry making contingency plan for better sustainablility
Agenda Item 3: [Topic]
Discussion
Plan for different age groups to attract more client  (Hall, 2015).

Add more sections as necessary.

Agenda Item 4: [Topic]
Discussion
Revised marketing strategies to decrease the risk issue
Action Items for Next Meeting
Action Items Person Responsible Target Date
To increase customer subscription Manager 26 – 08 – 2022
To increase customer satisfaction Relation manager 26 – 08 – 2022
To manage customer retention Supervisor 26 – 08 – 2022

Task 7

INNOVATION AND CONTINUOUS IMPROVEMENT IMPLEMENTATION REPORT
Learner Name
Workplace/Organisation The bounce fitness private limited
State/Territory Australia
Date Prepared 25 – 08 – 2022

PRE-IMPLEMENTATION CHECKLIST

Organisation Implementation Plan
Plan Name  Innovation at work place
Plan Date 25 – 08 – 2022
System/Process Name Customer service
Target Outcome better
Organisation Transition Plan
Plan Name Innovation in workplace
Plan Date 25 – 08 – 2022

INNOVATION IMPLEMENTATION DETAILS

Objectives
To increase the customer base by the mean of increased subscription of client
Method/Framework
By providing the better customer service and with proper marketing
Activities Timelines
Activities and timelines may also be represented using a Gantt chart.
Building the customer base  6 month
Making a better marketing strategy which targets the desired audience 6 month
Testing and Trialling

Explain support for testing and trialling of new ideas prior to full implementation.

Doing it on a small scale to check the reponse on a small area
Outcomes/Milestones
It resulted in success and provide the direction for the major action plan to perform
Communications
Mostly by the E-mails

TRANSITIObN IMPLEMENTATION DETAILS

Impacted Individuals

List at least two people.

Name Previous Role/Responsibilities New Role/Responsibilities
a.       Jack Manager Supervisor
b.      John supervisor Manager
Change Impact and Consequences

Outline the change impact and resulting consequences such as resultant gaps in the individual’s skill or experience (change impact) or role change for the individual (consequence).

Individual’s Name Change Impact Consequences
a.       Jack Doing better Doing much efficient work
b.      John Taking time to understand Resulting in better service
Activities Timelines
Activities and timelines may also be represented using a Gantt chart.
 Training based on the theory  3 month
Training based on practical 3 month
Knowledge Transfer
Outline how knowledge transfer has been done, for example using training sessions or workshops. Include the participant, method ,and date of knowledge transfer sessions.
Knowledge Transfer Method Participants Date
Group discussion Staff members 25 – 08 – 2022
Communications
Mostly by the email

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: implement innovation process

Attachment:

Dear stakeholder,

This is to inform you all about the  implement the innovation process session which has been conducted for the team member for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 8

INNOVATION AND CONTINUOUS IMPROVEMENT POST-IMPLEMENTATION ANALYSIS
Learner Name
Workplace/Organisation The bounce fitness private limited
State/Territory Australia
Date Prepared 25 – 08 – 2022

FAILURE ANALYSIS

Analysis of causes of failure of Action Plan-1
Action Plan Outline Increasing customer service
Performance Target Increased positive feedbacks
Performance Achieved No
Investigation Approach

List all sources used to collect information about the failure

The data from the different resources such as internal and external reports on the work
Deviation from Plan

Identify the step(s) in the action plan where any deviation occurred

The marketing was well based on the work was an appreciable but sudden and rapchangesnge in customer behavior have turned out to be a major reason for failure.
Deviation Analysis

Analyze why the deviation occurred and how it could be prevented

As the earlier people won’t afraid of public places but now they have started to build fear for too crowdy places
Deviation Cause of Failure? ¨ Yes ¨ No
Root Cause Analysis of Failure

Perform root cause analysis of failure if it is identified that deviation is not the cause of failure

Failure Description As the customer has to follow the guidelines provided by the government which resulted in not going to public places and the gym comes under it.
 

Failure                      Cause Identification

Cause Occurrence Impact
pandemic rare Very high
Analysis of causes of failure of Action Plan-2
Action Plan Outline Marketing strategies
Performance Target To promote the brand name
Performance Achieved No
Investigation Approach

List all sources used to collect information about the failure

The data from internal and external resources have been used for the proper analysis
Deviation from Plan

Identify the step(s) in the action plan where any deviation occurred (if any)

The whole marketing strategy was not based online which lead to the failure
Deviation Analysis

Analyze why the deviation occurred and how it could be prevented

Lack of online or digital marketing knowledge (Hall, 2015).
Deviation Cause of Failure? ¨ Yes ¨ No
Root Cause Analysis of Failure

Perform root cause analysis of failure if it is identified that deviation is not the cause of failure

Failure Description The pandemic which was very rapid and very sudden does not provide any time to get the balance and lead to a major failure.
 

 

 

Failure                      Cause Identification

Cause Occurrence Impact
pandemic rare Very high

CONTINGENCY PLAN

 

Contingency Plan Title

 

Corresponds to Action Plan

 

Contingency Action Items

Expected Date of Implementation  

Expected Outcome

 

Actual Date of Implementation

 

Actual Outcome

a.       Better service system  To increase the customer satisfaction Digital mode of service 30 – 08 – 2022 Better customer service  30 – 09 – 2022 Positive result
b.      digital marketing Manage the marketing during pandemics also Digital mode of working 30 – 08 – 2022 Increase brand promotion 30 – 09 – 2022 Positive result
Learnings
 

Insights

a.       Worst experience and best lessons got
b.      Add invoation
 

Experiences

a.       Whole new experience in working in a different area
b.      Use different mode of approach
 

Ideas

a.       Prepare for an unknown disaster
b.      Be creative ovello, V. T., & Merkhoher, M. W. (2015).

 E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: Confirmation of updating KMS and future planning

Attachment:

Dear stakeholder,

This is to inform you all about the  Confirmation of updating KMS and future planning which has been developed for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 9

INNOVATION AND CONTINUOUS IMPROVEMENT EVALUATION REPORT
Learner Name
Workplace/Organisation The bounce fitness private limited
State/Territory Australia
Date Prepared 25 – 08 – 2022

INNOVATION AND CONTINUOUS IMPROVEMENT SYSTEM/PROCESS EVALUATION

Innovation Initiative
 

 

 

 

 

 

Initiative Overview

Title Department
Customer service Relation
Key Objectives
To provide better service to customer
Source of Information about Objectives
Internal and external both sources of information
Evaluation Round 1 Evaluation Round 2
Date of Evaluation

Dates must be in accordance with the organisation policies and procedures (schedule of evaluation).

25 – 08 – 2022 25 – 08 – 2022
Key Objectives Achieved ¨ Yes  No ¨ Yes  No
Outline of Objectives Not Achieved (if applicable) The staff has sometimes misbehaved The client is rude and the staff doesn’t know how to handle such tricky situations
Analysis of Why Objectives were Not Achieved Pandemic and bad communication skill  Staff doesn’t know the tricky situation to work with
Recommendations Need training Need training (Rezaee, 2016).
Continuous Improvement System 1
 

 

 

 

 

System Overview

Title Department
Marketing Sales and promotion
Key Objectives
Increase the customer subscription
Source of Information about Objectives
Evaluation Round 1 Evaluation Round 2
Date of Evaluation

Dates must be in accordance with the organisation’s policies and procedures (schedule of evaluation).

25 – 08 – 2022 25 – 08 – 2022
Key Objectives Achieved ¨ Yes  No ¨ Yes  No
Outline of Objectives Not Achieved (if applicable) Decent amount of customer subscription Decent amount of customer subscription
Analysis of Why Objectives were Not Achieved Due to pandemic Due to pandemic
Recommendations Need plan around pandemic Need plan around threats such as pandemic

COSTS AND BENEFITS OF INNOVATIONS AND IMPROVEMENTS

Innovation – 1
Innovation Outline A better and more innovative approach to customer
Associated System/Process Customer relation
Assumptions for cost and benefit calculations The technology that has been used for the purpose and the resulted customer subscription
Innovation Costs and Benefits
 

Cost

 

Amount of Cost in $

 

Benefit

Amount of Benefit in

$

Phones $ 100 Better satisfaction of the client $ 250
computer $ 150 More subscription $ 300
Total Costs $ 250 Total Benefits $ 550
Innovation – 2
Innovation Outline Digital marketing of the firm
Associated System/Process Marketing
Assumptions for cost and benefit calculations Getting more client
Innovation Costs and Benefits
Cost Amount of Cost in $ Benefit Amount of Benefit in

$

Computer $ 200 More brand value $ 300
Total Costs $ 200 Total Benefits $ 300

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: seeking feedback

Attachment:

Dear stakeholder,

This is to inform you all about the evaluated innovations and continuous improvement system and process which was provided that each and everything suggested by you has been included and expecting the better result from it now which has been developed for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 10

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: feedback reviewed

Attachment:

Dear stakeholder,

This is to inform you all about the feedback which was provided that each and everything suggested by you has been included and expecting the better result from it now which has been developed for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

Task 11

Reward program

The reward program is based on different criteria which are as follows:

1 over time

2 good work

3 employees of the time.

This kind of activity resulted in increasing the employee’s overall will to better more and build a healthy competition.

E-Mail to Stakeholders

To: stakeholders@bouncefitness.au.in

Cc:

BCC:

Subject: reward progra

Dear stakeholder,

This is to inform you all about the reward which was given to the staff as of their hard work which has been developed for better growth in their respective work area. please review it by yourself.

Kindly Regards

ABC

Operational manager

Bounce Fitness

References

Akaeze, C. (2016). Exploring strategies required for small business sustainability in competitive environments (Doctoral dissertation, Walden University).

Byukusenge, E., & Munene, J. C. (2017). Knowledge management and business performance: Does innovation matter?. Cogent Business & Management, 4(1), 1368434.

Chaudhary, R., Pandey, J. R., & Pandey, P. (2015, October). Business model innovation through big data. In 2015 international conference on green computing and Internet of Things (ICGCIoT) (pp. 259-263). IEEE.

Golestaneh, H., Guerreiro, M., Pinto, P., & Mosaddad, S. H. (2021). On the role of internal stakeholders in place branding. Journal of Place Management and Development.

Haegerbaeumer, A., Mueller, M. T., Fueser, H., & Traunspurger, W. (2019). Impacts of micro-and nano-sized plastic particles on benthic invertebrates: a literature review and gap analysis. Frontiers in Environmental Science, 7, 17.

Hall, B. H. (2015). Business and financial method patents, innovation, and policy. Scottish Journal of Political Economy, 56(4), 443-473.

Hall, B. H. (2015). Business method patents, innovation, and policy.

ovello, V. T., & Merkhoher, M. W. (1993). Risk assessment methods: approaches for assessing health and environmental risks. Springer Science & Business Media.

Rausand, M. (2013). Risk assessment: theory, methods, and applications (Vol. 115). John Wiley & Sons.

Rezaee, Z. (2016). Business sustainability research: A theoretical and integrated perspective. Journal of Accounting literature.

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