HiAs usual please compile the answer in one file, no need to retype the question.Please do as minimum as possible. Plagiarism max 15%. Thanks

1 answer below »
HiAs usual please compile the answer in one file, no need to retype the question.Please do as minimum as possible. Plagiarism max 15%.
Thanks


T: +61 7 3324 2705 (Brisbane) | +61 3 9640 0057 (Melbourne) E: [email protected] W: www.newton.edu.au Brisbane Campus: 98 Cleveland Street, Greenslopes QLD 4120 Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000 Melbourne Campus: Level 10, 108 Lonsdale Street, Melbourne VIC 3000 Case Study – WORLDUCATION Worlducation is a social startup that manufactures tablet computers for primary school students. They not only focus on the hardware, but they also have a competitive team creating software, content and activities to better engage and educate the students.  Worlducation aims to change the way children learn at school by implementing artificial intelligence technology that can follow up on each child’s progress and adjust to their needs as they learn, creating the optimal path learning experience. So far, Worlducation only sells their tablet computers business to business (B2B) as they realised that their content and hardware proved most effective when a whole classroom was using it, and a teacher was coordinating the activities. Also, this helped the sales team focus on larger sales, and minimised the potential number of problems that could arise from individual customers. However, the long-term plan is to also tackle a business to consumer strategy (B2C).  What makes Worlducation completely different from their competition is that they envision a world in which every child learns how to read and write – a world without illiteracy. Given this vision, for every classroom that buys their products, they donate and train a classroom somewhere around the world that can’t afford the same technology. Furthermore, they connect the two classrooms (those who bought the products and services and those who received the donation) so that they can grow together and collaborate throughout their learning cycle.  Worlducation was founded in 2016, and by the end of 2019 they had sold over 35,000 tablets to over 550 schools in 23 countries, generating revenue in hardware sales and software subscriptions.  Worlducation headquarters are in Sydney’s CBD but they have a development team in Bulgaria, a manufacturing team in Hong Kong, and operation and marketing staff in Colombia, Egypt, Iceland, Russia and the Philippines. Worlducation started 2020 with a huge sale to a school in Portugal. Although it was a great start, the context for the rest of the quarter was highly uncertain due to COVID-19. Surprisingly the pandemic brought hundreds of new leads and that led to an unprecedented growth that brought alongside dozens of operation and production problems. The factory in Hong Kong closed down for 1 month due to government restrictions limiting supply, the sales team was overwhelmed with sale meetings over ZOOM, the tech-support team had to re-adapt the software to remote learning for many of the schools, and the founders had to start thinking on how education was going to change after this worldwide event. Strategic and Operational Plan 2021 – 2023 Welcome Welcome to the Strategic and Operational Plan for Worlducation. This document sets out our vision for the next two years and how we hope to achieve it. We hope you enjoy reading this document. Lucas Lopez CEO Worlducation Executive Summary Founded in 2016, Worlducation is a social startup that manufactures tablet computers for primary school students. Our focus is not only on the hardware, but also creating software, content and activities to better engage and educate primary school students. Worlducation aims to change the way children learn at school by implementing artificial intelligence technology that can follow up on each child’s progress and adjust to their needs as they learn, creating the optimal path learning experience. Worlducation envisions a world in which every child learns how to read and write – a world without illiteracy. This is why, for each classroom that buys our product, we donate and train a classroom somewhere around the world that can’t afford the same technology. We then connect the classrooms together so that they can grow and collaborate throughout their learning cycle. Vision Statement To see a world without illiteracy. Mission Statement To be the change and facilitate a world without illiteracy by changing the way children learn at school and the number of schools that have access to technology. Our values are: Core values underpinning our activities are: Ethical principles Innovation Collaboration. Strategic Priorities To be well led, high performing, profitable and accountable. Ensure that all financial operations, performance indicators and results support the strategic policies Identify new and expand existing sources of revenue and ways to help more classrooms in need Achieve profits of at least 10% per annum. Increase our reach Increase range of products and services offered to reach a larger target market Increase sales to increase donations to needy classrooms. Continue building deeper customer relationships Customer-centred practice, with a focus on meeting their total needs for high-quality technology Strengthen the skills of our people, to better support customers Have an effective help desk function in order to meet customer needs Strengthen the effectiveness of internal customers through provision of effective systems within each team Drive innovation to better meet customer demands. Attract, engage and develop the best staff Continuing the drive to a customer centred, high performance workforce and culture Strengthening the skills of our people, to better support customer needs Empowering innovation and responsiveness to change Continuing to enhance the diversity of our workforce Exploring the use of technology in human resources. Our organisation structure Senior Management consisting of the CEO and General Manager heads up the overall organisation. The company consists of key teams as follows: Sales Team consisting of the Sales Manager and 3 x Sales Representatives Operations Team consisting of the Operations Manager, Administration Officer and Accounts Officer. IT Team consisting of the IT Manager, IT Support Officer and Help Desk Officer. Each team develops its own performance plan each year for the upcoming 12 months. Each team is expected to: Set its overall objectives to align with its key function and our strategic directions. Define overall responsibilities according to the function within the company. Set outcomes. The Market The technology market is a growing and ever-changing industry due to the rapid rate that technology is being updated. Emerging technologies include artificial intelligence and the Internet of Things (IOT). There is an increasing focus on cyber security. Due to the global pandemic, the issues with the manufacturing industry have impacted on the supply of hardware components. The trend for consumer spending during the pandemic has taken a downturn but this has not affected the ICT industry as due to more people working from home, consumer appetite for tablets has increased. Situation Analysis Strengths Weaknesses Value and quality Strong management Customer loyalty Friendly organisational culture Level of available finance for investment Brand name not developed as well it could be Growing organisation Opportunities Threats Schools needing to upgrade technology Opportunities to offer a range of services Opportunities for synergies across all services and products High level of competition Economic downturn meaning less spent generally Failing to satisfy clients demands Marketing Strategies Our marketing strategies aim to: build our brand generate leads now convert those leads quickly have every part of the business supporting each other. We plan to develop our market share by: improving our marketing and advertising continually improving the quality of service given to clients maintaining effective communication channels with all stakeholders to ascertain industry requirements and then develop products and manage services accordingly continually improving communication channels with all our stakeholders, ensuring a flow of timely and accurate information to facilitate effective planning and decision making targeting identified growth markets with planned, market appropriate campaigns employing a variety of promotional strategies and advertising mediums offering attractive fee structures to our clients continually improving the skills, knowledge and effectiveness of our team through our commitment to training and development regularly reviewing the effectiveness of all our operations and making improvements when and where necessary. Collaboration As a company we focus on collaboration both within and outside of the company. Currently our external partners are: Lion Marketing – our marketing agency. IT Biz Solutions – Internet Service Provider and web hosting. Oz Aid – informs of us education projects in need. Key projects The following key projects will commence in 2022: Due to global economic conditions, a wait and watch attitude is being adopted while we brainstorm and provide cost estimates for future business models. Options include establishing a second manufacturing facility (estimated cost $5 million), outsourcing manufacturing to a third party (lost margin of $200 per unit sold or $2 million per year assuming 10 000 units are sold), developing a cloud based solution where customers can access the software remotely on their own devices (estimated cost of $2 million), purchasing off the shelf tablets (lost margin of $300 per unit sold or $3 million per year) or repurposing used tablets ($100 per unit sold or $1 million). Operational Plan (focus on 2022) As an introduction to the Operational Plan, it is important to understand the following information. Worlducation has a complex supply chain that begins when a sale is made usually via a sales representative or through an online enquiry that is handled by the sales team. Sales are recorded in an internal Enterprise Resource Planning System (ERP System) which notifies the operations team that an order needs to be delivered. The operations team verify the sales order and authorise the delivery of a manufacturing request to the factory in Hong Kong. Manufacturing team in Hong Kong notes the order specifications and delivery details and incorporates this within its production schedule. The order is manufactured and the operations team arrange freight and shipping directly to the customer. Since COVID-19 and the closure of the factory due to government restrictions, of the 2000 tablets due to be shipped by April 21, only 500 were completed on schedule. In the past, senior executives have met to brainstorm and provide cost estimates for future business models. Options included establishing a second manufacturing facility (estimated cost $5 million), outsourcing manufacturing to a third party (lost margin of $200 per unit sold or $2 million per year assuming 10 000 units are sold), developing a cloud based solution where customers can access the software remotely on their own devices (estimated cost of $2 million), purchasing off the shelf tablets (lost margin of $300 per unit sold or $3 million per year) or repurposing used tablets ($100 per unit sold or $1 million). Recently a decision has been made to start working on a cloud based solution but continuing with the existing model. Operational activities for 2022 are indicated. Responsibility for each area is to be determined based on staff member skill sets or potential. Operational Activities When Who New activities Finalisation of proposal for cloud-based solution Mid 2022 To be allocated Research into cloud-based solution Mid to end 2022 To be allocated Finalisation of cloud-based solution January 2023 To be allocated Education Prepare paper for Global Education Conference January 2022 To be allocated Submit paper for Global Education Conference February 2022 To be allocated Present
Answered 3 days AfterJul 11, 2022

Answer To: HiAs usual please compile the answer in one file, no need to retype the question.Please do as...

Bidusha answered on Jul 15 2022
72 Votes
T: +61 7 3324 2705 (Brisbane) | +61 3 9640 0057 (Melbourne)
E: [email protected]
W: www.newton.edu.au
Brisbane Campus: 98 Cleveland Street, Greenslopes QLD 4120
Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000
Melbourne Campus: Level 10, 108 Lonsdale Street, Melbourne VIC 3000
STUDENT
ASSESSMENT TASKS
    T: +61 7 3324 2705 (Brisbane) | +61 3 9640 0057 (Melbourne)
E: [email protected]
W: www.newton.edu.au
Brisbane Campus: 98 Cleveland Street, Greenslopes QLD 4120
Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000
Melbourne Campus: Level 10, 108 Lonsdale Street, Melbourne VIC 3000
BSBWRT301 Write simple documents     Trainer Guide
WARNING – UNCONTROLLED WHEN PRINTED
©NC V1.0 JULY 2021 NEXT REVIEW JULY 2022 | CRICOS: 03598G | RTO: 41437 | ABN: 75
609 329 973
WARNING – UNCONTROLLED WHEN PRINTED
©NC V1.0 JULY 2021 NEXT REVIEW JULY 2022 | CRICOS: 03598G | RTO: 41437 | ABN: 75 609 329 973
BSBSTR601
MANAGE INNOVATION AND CONTINUOUS IMPROVEMENT
First published 2021
RTO Works
www.rtoworks.com.au
[email protected]
0452 157 557
© 2021 RTO Works
This resource is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review as permitted under the Copyright Act 1968, no part may be reproduced by any process without written permission as expressed in the RTO Works License Agreement.
The information contained in this resource is, to the best of the project team’s and publisher’s knowledge true and correct. Every effort has been made to ensure its accuracy, but the project team and publisher do not accept responsibility for any loss, injury or damage arising from such information.
While every effort has been made to achieve strict accuracy in this resource, the publisher would welcome notification of any errors and any suggestions for improvement. Readers are invited to write to us at [email protected].
Business Works is a series of training and assessment resources developed for qualifications within the Business Services Training Package.
    T: +61 7 3324 2705 (Brisbane) | +61 3 9640 0057 (Melbourne)
E: [email protected]
W: www.newton.edu.au
Brisbane Campus: 98 Cleveland Street, Greenslopes QLD 4120
Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000
Melbourne Campus: Level 10, 108 Lonsdale Street, Melbourne VIC 3000
    
    Contents
Introduction    4
Assessment Task 1: Knowledge questions    5
Assessment Task 1: Checklist    7
Assessment Task 2: Project Portfolio    8
Assessment Task 2: Checklist    12
Final results record    15
    
    Introduction
The assessment tasks for BSBSTR601 Manage innovation and continuous improvement are outlined in the assessment plan below. These tasks have been designed to help you demonstrate the skills and knowledge that you have learnt during your course.
Please ensure that you read the instructions provided with these tasks carefully. You should also follow the advice provided in the Business Works Student User Guide. The Student User Guide provides important information for you relating to completing assessment successfully.
Assessment for this unit
BSBSTR601 Manage innovation and continuous improvement describes the skills and knowledge required to sustain and develop an environment in which continuous improvement, innovation and learning are promoted and rewarded.
For you to be assessed as competent, you must successfully complete two assessment tasks:
· Assessment Task 1: Knowledge questions – You must answer all questions correctly.
· Assessment Task 2: Project – You must work through a range of activities and complete a project portfolio.
    
    Assessment Task 1: Knowledge questions
Information for students
Knowledge questions are designed to help you demonstrate the knowledge which you have acquired during the learning phase of this unit. Ensure that you:
· review the advice to students regarding answering knowledge questions in the Business Works Student User Guide
· comply with the due date for assessment which your assessor will provide
· adhere with your RTO’s submission guidelines
· answer all questions completely and correctly
· submit work which is original and, where necessary, properly referenced
· submit a completed cover sheet with your work
avoid sharing your answers with other students.
    i
    Assessment information
Information about how you should complete this assessment can be found in Appendix A of the Business Works Student User Guide. Refer to the appendix for information on:
· where this task should be completed
· the maximum time allowed for completing this assessment task
· whether or not this task is open-book.
Note: You must complete and submit an assessment cover sheet with your work. A template is provided in Appendix C of the Student User Guide. However, if your RTO has provided you with an assessment cover sheet, please ensure that you use that.
Questions
Provide answers to all of the questions below:
Outline two methods for conducting cost-benefit analysis.
    Scenario Analysis
The procedure of assessing a portfolio's normal worth following a particular change in the upsides of key components is known as situation examination.
Decision tree
A decision tree investigation is a visual portrayal of various potential critical thinking methodologies.

List three ways that knowledge management systems can be established in an organisation.
    1. Private Company Knowledge
To acquire further experiences into the exhibition of your business processes, contemplate putting resources into an information the executive’s framework. An information the board framework can offer helpful, information driven experiences, as the name proposes. It can screen all employing, firings, association, and some other technique you and your groups might have gone through, for example, in HR. Knowing however much you can about your buyers and the market all in all is fundamental for any advertising intend to succeed. Select a Tweet The ability to ceaselessly improve and keep methods as well as consistency in the client experience are both fundamental for progress.
2. Potential Recognized
It could be truly useful to have a solitary store of data that is easy to get to. With an exhaustive record of activities, everything from tasks to HR, showcasing, deals, assembling, and then some, can be streamlined and made due. There is no absence of information; the central question is sorting out some way to utilize it to make conjectures and unequivocally check possible no matter how you look at it. This can altogether decrease your work for planning and adaptability contemplations.
3. Promoting and Sales Alignment
Powerful group collaboration is important for productive execution. No matter what the work, it requires a group to really finish it. Each representative should know about the undertaking's advancement when it is given to a specific group of laborers.
These stages are a helpful device for group correspondence while showcasing and deals are cooperating. For every division in your business to go with information-based decisions, predictable data is required. Data trade will just further develop things and assist advertising and deals with cooperating to accomplish the best results.
List three types of continuous improvement systems/process that can be used in an organisation.
    1. Ideation and Think Tanks:
Your association can acquire from holding successive research organizations and ideation gatherings. Figure tanks can be made do considering a plan, or at any rate, you might request that notable individuals come so significant thoughts can be discussed. You can depict how systems are currently performed during these meetings to see whether there are any regions that could utilize improvement or where changes should be made. Examining updates and new innovation arrangements designated towards improvement is habitually a beginning stage since innovation is so imbued in most of corporate exercises. For example, firms are progressively relying upon mechanization innovations to remain serious.
2. Studies and Polls:
The best specialists on where upgrades might be...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here