MSc Engineering Management
Module Title: MN5506 Managing People & Organisations
Module Tutor: Mr Colin McEwen
Assignment Title: Assignment 2 – Innovation Management
Word Limit: 3000 Words
Student Number: 0931494Index
Part 1 – Value Creation 3
Part 2 – Managerial Planning and Goals 5
Part 3 – Innovation Management 7
Part 4 – Strategic Leadership 9
Part 5 - References 11
Part 6 – Appendices 12
Assignment/Coursework Proforma 12
Part 1 – Value Creation
Below in table 1 is a comparison of a number of wearable smart watches that are available from a number of manufactures and details of key features.
Wearable Technology – The SMART Watch
Manufacturer & Name
Advantages Over Competitors
Target…show more content…
There is a need for contingency planning and potentially have a diverse product range to limit the risk of one product.
Key points – assuming you are a UK based company, the potential uncertainty in the Euro zone e.g. countries leaving the Euro zone, fluctuation with exchange rates.
Proposed managerial planning objectives – Similar to the political future, keep abreast of potential changes and have contingency plans in place, e.g. a supplier could be based in Europe so the company could look at secondary