POG340 Innovation and Risk Management Spring 2017 Resit Coursework Brief Handout: [9:00am, 13th February 2017] Deadline for Submission: [2:00pm, 27th April 2017] Submit this coursework through the Student Portal with a Turn-it-in Report Word Limit: 2,000 words (Plus or minus 10%) Learning outcomes assessed: 1. Identify the difference between invention and innovation and how innovation can be successfully implemented to achieve growth in the energy industry 2. Demonstrate a critical awareness of the different models of innovation and how they apply to the oil and gas industry case studies 3. Evaluate the role of systematic risk management in the successful implementation of innovation This coursework is worth 60% of the total marks for this module.POG340 Innovation and Risk Management Spring 2017 Coursework Brief GSM LONDON Page 1 of 4 Coursework Instructions Please read carefully • Carefully read the module handbook, the marking criteria and the grade descriptors. Academic Misconduct You are responsible for ensuring you understand the policy and regulations about academic misconduct. You must: • Complete this work alone except where required or allowed by this assignment briefing paper and ensure it has not been written or composed by or with the assistance of any other person. • Make sure all sentences or passages quoted from other people’s work in this assignment (with or without trivial changes) are in quotation marks, and are specifically acknowledged by reference to the author, work and page.POG340 Innovation and Risk Management Spring 2017 Coursework Brief GSM LONDON Page 2 of 4 BlankPOG340 Innovation and Risk Management Spring 2017 Coursework Brief GSM LONDON Page 3 of 4 Assignment Questions Background As an innovative management consultant you have been approached by an organisation called Pint Energy. Due to the current booming state of the UK economy, Pint Energy is looking to inject a couple of products and services to their existing portfolio to drive growth. Thus, Pint Energy has asked you to design and implement a strategic innovation framework. Pint Energy is a hypothetical Energy company operating in the UK. They are looking to introduce new products/services in order to take advantage of the boom in the UK energy industry to achieve strategic growth. Using your knowledge of Strategic Innovation Framework, demonstrate how this can be achieved. Assignment Task Write a 2000 word report to Critically evaluate and use the seven dimensions within a strategic innovation framework to produce a portfolio of outcomes that will drive growth for Pint Energy. LO1 & LO2 This coursework is worth 60% of the total marks for this module. End of Assignment Brief