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These products have ranged

Task Requirement

Throughout the history innovation has been playing significant role in development of great new products and a better standard of living. These products have ranged from the development of complex computers to more simple products such post it by 3M.

Your task is to do come up with an innovative concept to explore the possible solution to the existing problem of your choice. Submit the details of the problem and innovative concept. You can include a critical and brief reviews of the problem from variety of resources. You must use at least six appropriate references from different types of resources such as books, scholarly articles, reports and internet etc.

Your response to this task should include:

•        Problem statement & concept description

•        Concept analysis

•        Skills and team required to materialize the concept

 

 

 

 

Suggested Template

Introduction (100 words)

Section 1 – Concept Description (300 Words)

1.       Title of Concept

2.       The Idea in a nut shell

3.       Value proposition offered by this Concept

4.       Literature review, prior arts, existing patents and Background of concept

Section 2 – Concept analysis (250 words)

1.       Competitive advantage

2.       How competitive advantage will be sustained

3.       Assumptions in formulating the idea

4.       Weakness/risk of current plan and how they will be addressed

Section 3 – Skills & Team required (250 words)

1.       Skills needed

2.       Team required to meet the skills/experience that is needed

Conclusion (100 words)

References

 



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