The assignment will require the review of the innovation processes used in the company, an analysis of the new product development process and how it has been adopted by this business.
An examination of the strategic and operational decisions undertaken by the company. An understanding of the challenges and problem solving difficulties faced by the company and an assessment of the specific risks experienced the launch period of a new product or service.
An examination of the strategic and operational decisions undertaken by the company. An understanding of the challenges and problem solving difficulties faced by the company and an assessment of the specific risks experienced the launch period of a new product or service.
Assessment Task
Critically analyse the new product development process used by an energy company involved in the development of renewable energy. Explore how the challenges faced by the management team influenced the development of the new product development process problem used to assist the company in the development of a new product or service.
Examine how the new ideas developed by the business were responding to the changing needs of an increasingly global customer base for renewable energy based products and services.
Using the techniques of new product development, new product screening and new product commercialisation discussed in class as a basis of your research work and analysis. Critically examine the impact of the innovation process on the new product development process within the company, the corporate culture and business growth and development of the renewable energy business opportunity.
The assignment will also require the analysis of the financial, economic and political risks that accompany the development of a renewable based energy products or services in the global energy business of today.
The assignment will require the review of the innovation processes used in the company, an analysis of the new product development process and how it has been adopted by this business.
An examination of the strategic and operational decisions undertaken by the company. An understanding of the challenges and problem solving difficulties faced by the company and an assessment of the specific risks experienced the launch period of a new product or service.
An examination of the strategic and operational decisions undertaken by the company. An understanding of the challenges and problem solving difficulties faced by the company and an assessment of the specific risks experienced the launch period of a new product or service.
