** Take one primary Industry for this assignment. I choose Fishing industry ... As example i attach file for assignment. The ability to argue and present a business case is a key function of business development. Apply the first 2 stages of the business case template as a participating member of a team whose mission is to make the case for sustainable innovation. The focus of your team's business case is a primary industry firm or company in Australia or elsewhere. Part 1 of the business case sets the foundation or argument in favour of a sustainable innovation. Guidance with stage 1 (define the problem or need) and stage 2 (benefits and significance arising from innovation) is to take place during in-class discussion and workshop sessions. Teams are to incorporate the principles of a personal sustainability project. Content from Tidd & Bessant (2013) explains how innovation encompasses rationale, detail, situational or contextual data to progress from idea generation to commercialisation. The personal sustainability component encompasses individual action steps that are (i) repeatable, (ii) inspirational, (iii) sustainable, and (iv) enjoyable (RISE). Initial ideas expressed in class, will typically start with individuals (idea generation), but the involvement of others (the team) is also needed to realise the sustainable innovation, the business model, the measures (quantitative data & mathematical models), as well as shared insight and critical thinking (qualitative data). Key steps: Business Case Template (.docx) Weighting 30% Min 1500 words The assessment criteria for the task comprise: Problem or defined need for sustainable innovation (15%) Benefits and significance of generated ideas (15%) Idea generation and application of models (20%) Business case components, concepts and theoretical treatment (20%) Team formation and contribution (10%) Written communication and referencing standards (20%) The business model generator (worksheet) is one critical component from which to identify approaches to value creation, key internal and relational resources, tasks and processes, and value appropriation. As part of the business model generation process, teams are also required to select and operationalise mathematical models (see Moodle). Mathematical models are necessary to test and validate measures that are integral to submission of parts A & B of the business case. Mathematical modelling used in the business case must be justified or substantiated. Generic & process method outline Append the completed business model generator worksheet to Assessment 1. Weighting 20% The assessment criteria for the task comprise: Content (25%) Presentation (25%) Drive (25%) Conclusion (25%) Part B of the business case involves teams incorporating stages 3-5 of the template to finalise the written component for submission to key or principal stakeholders. Teams are required to demonstrate both scholarly independence and academic integrity in undertaking stage 3 (strategic assessment of the sustainable innovation), stage 4 (coordination of project options), and stage 5 (recommended deliverables). Further clarification during in-class discussion will depend on the extent to which teams specify difficulty with conceptual or theoretical content. Responsibility for structuring, co-ordination, and managing processes to finalise the business case lies with each team. Teams are encouraged to work with content beyond Tidd & Bessant (2013) and Ostervalder & Pigneur (2013). The use of refereed journal articles, mathematical models (Wolfram alpha), and business development issues specific to the problem or need expressed in Part 1 must be resolved and confirm the range of stated benefits. Teams must take charge and deliver a rationale capable of convincing key or principal stakeholders that a payoff is within reach - for without a satisfactory set of deliverables - the bid for funding cannot be contemplated. Weighting 25% Min 1500 words The assessment criteria for the task comprise: Problem or defined need for sustainable innovation (20%) Benefits and significance of generated ideas (20%) Idea generation and application of models (10%) Business case components, concepts and theoretical treatment (20%) Team formation and contribution (15%) Written communication and referencing standards (15%)