Professional Documents
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BSBCRT512 Powerpoint Slides
BSBCRT512 Powerpoint Slides
ACTIVITY: REFLECT
Reflect your own personal situation and work experience.
• Can you think of any product (that did not exist ten years ago) that has changed the
way you live or work?
• Can you think of an example where innovation resulted in an improvement to an
existing product?
IDENTIFYING GAPS
Regardless of your role or position, you can play an important part in
giving your business or workplace a competitive advantage by identifying
and communicating gaps in existing or proposed products and
marketspaces.
ACTIVITY: DISCUSS
In a group, discuss other ways you can identify gaps in existing products.
Take notes to summarise what you have read and keep them for future reference.
ACTIVITY: PRACTICAL
Mailchimp, Airbnb, Uber and Wave are examples of businesses that identified and
used gaps successfully.
Work in a small group with at least one other student. Discuss one of the businesses
listed above and establish:
• what gap they’re filling
• why they’ve been successful.
ACTIVITY: READ
Many businesses, no matter whether they’re big or small, have processes and policies
in place to monitor and improve their existing products (this sometimes known as
“continuous improvement”). The continuous improvement process starts with
identifying gaps and anyone can be part of this process. If you’re interested, take a
look at the website link below to familiarise yourself with continuous improvement
concepts.
Website: https://asq.org/quality-resources/continuous-improvement
EXISTING INFORMATION
Sometimes, the information required to identify
needs or opportunities is already available without
you having to gather the information yourself.
ACTIVITY: EXPLORE
There are many existing (and sometimes free) market research reports that can
provide a comprehensive understanding of the customer, competitor and market as a
whole. Explore the website “MarketResearch.com” to familiarise yourself with the type
of information available.
Website: https://www.marketresearch.com
ACTIVITY: DISCUSS
In a small group, discuss any other possible sources of market information. Your
trainer will facilitate a group discussion to consolidate the findings.
Take notes to summarise what you (and others) have researched and keep them for
future reference.
ACTIVITY: BRAINSTORM
Brainstorm a few ethical and legal ways to obtain information about your competitor
that will help you determine whether the competitor:
• is investigating similar new opportunities
• already meeting identified needs/gaps.
Discuss and compare your ideas in a group. Make notes and keep them for future
reference.
ACTIVITY: READ
If you’re interested in ways to differentiate your business from the competition, take a
look at the article link below.
Article:
https://blog.marketresearch.com/6-ways-to-differentiate-your-business-from-the-compe
tition
NON-OBVIOUS OPPORTUNITIES
Whether you’re using existing information or identifying gaps in a product
or marketplace, be sure to explore opportunities beyond the obvious
(don’t neglect obvious ones!).
ACTIVITY: READ
Read the article on the fascinating history of Netflix.
Article: https://interestingengineering.com/the-fascinating-history-of-netflix
ACTIVITY: PRACTICAL
Once you’ve read the article:
• identify at least two non-obvious opportunities identified by Netflix
• explain how competitors/partners reacted.
Once you’ve completed your answers, work with another student to compare what
you’ve written.
Take notes to summarise what you have read and keep them for future reference.
IDENTIFYING STAKEHOLDERS
To better understand your situation, consider as many stakeholders as
possible. Make sure you interact with stakeholders appropriately and
follow organisational (and legal) requirements.
DEFINING PARAMETERS
Did you know research shows that one of the biggest reasons projects
are unsuccessful is due to the lack of detailed requirements at the start of
the project?
It is important to properly define the parameters for developing ideas and
concepts to meet market requirements.
ACTIVITY: READ
Read the articles that provide examples of social, environmental and ethical issues.
Article 1: https://www.csi.edu.au/research/our-research-focus/social-issues/
Article 2:
https://www.michiganstateuniversityonline.com/resources/leadership/common-ethical-i
ssues-in-the-workplace/
Article3:
https://wwf.panda.org/wwf_offices/australia/environmental_problems_in_australia/
ACTIVITY: PRACTICAL
Once you’ve read the articles:
• Choose one article (either social, ethical or environmental issues)
• Describe at least four examples mentioned in the article.
Once you’ve completed your answers, work with another student to compare what
you’ve written.
Take notes to summarise what you have read and keep them for future reference.
COMMERCIALISATION
• In the workplace, one of the largest considerations when evaluating a
need/opportunity or the related concept, is the potential for
commercialisation.
• Commercialisation is about getting your product into the market to
make money.
ACTIVITY: WATCH
Watch the video that outlines issues and requirements for commercialisation. Take
notes for future reference.
Video:
https://www.youtube.com/watch?time_continue=68&v=PIDDR4rmji8&feature =emb_log
o
(01:09)
Take notes and keep them for future reference.
ACTIVITY: DEVELOP
For this activity, choose a product associated with one of the industries listed and
answer the questions.
GENERATING IDEAS/SOLUTIONS
• As you were defining needs and opportunities, you may have already
been thinking of preliminary ideas and concepts as a solution.
• There are a range of creative thinking techniques that can help you
continue to find innovative ways of meeting the need/opportunity.
ACTIVITY: REFLECT
Reflect on how you usually generate ideas. Do you have a specific method you follow?
GENERATING IDEAS/SOLUTIONS
Creative-thinking methods:
• Mind mapping
• Checklist
• Lateral thinking
ACTIVITY: PRACTICAL
In small groups, select a topic and practise lateral thinking.
GENERATING IDEAS/SOLUTIONS
There are many other methods you can use to generate ideas, including:
• Opposite thinking (considering the exact opposite to what’s normal)
• Analogy thinking (Think of a successful business/idea and apply its
principles to your need/opportunity)
• Idea challenge (hosting a formal brainstorming event).
ACTIVITY: REFLECT
An example of identifying a successful analogy when using analogy thinking is to say
“the [business name] for [industry]”. For example, “The Uber of public transport” helps
you identify Uber as being a successful idea in the transport industry.
Can you think of any other analogies?
GENERATING IDEAS/SOLUTIONS
• Other sources of information that may be relevant to your need or
opportunity include industry standards and codes of best practice.
• Organisations should frequently consider and review the best
workplace communication practices relevant to their industry.
ACTIVITY: EXPLORE
Explore the ISO standards website:
Website: https://www.iso.org/standards.html
ACTIVITY: DISCUSS
After exploring the website, work in small groups to:
1. outline what ISO standards are
2. establish how they can be used in the workplace to generate solutions
Take notes and keep them for future reference.
ACTIVITY: BRAINSTORM
In a group, brainstorm examples how legislative requirements in different jurisdictions
(e.g. data privacy laws) may impact the validity of communication best practices.
ACTIVITY: EXPLORE
Explore the content generator website.
Website: https://www.portent.com/tools/title-maker/
Show how you’ve used the content generator to another student and discuss how it
can be used for generating ideas.
RESTRICTIONS
• As you assess possible solutions, consider legislation, organisational
policies and procedures as well as the limitation of your job role.
• Legislation and organisational policies/procedures are put in place to
make sure everyone is as safe as possible and to ensure a successful
outcome for the business or organisation.
ACTIVITY: RESEARCH
Research legislation and codes of best practise associated with your workplace or
industry of interest (such as mining, manufacturing, transport, education or health).
ACTIVITY: READ
Read a few of the policies on the website below.
Website: https://www.csusb.edu/policies
ACTIVITY: REFLECT
Do any of the policies you read (from the website above) address any aspects related
to potential solutions?
TESTING IDEAS/CONCEPTS
After you’ve generated a range of ideas/concepts (including obvious and
non-obvious ones), it’s time to challenge, test and experiment with them
as part of a collaborative process. Remember to involve as many of the
stakeholders as possible.
ACTIVITY: READ
Read the article outlining ways to test a product.
Article 1:
https://www.forbes.com/sites/allbusiness/2019/09/29/test-market-new-product-tips/#35
8a2a78ce26
Take notes to summarise what you have read and keep them for future reference.
ACTIVITY: PRACTICAL
Work in small groups. Consider the Netflix example you discussed earlier and assess
how Netflix could have used the methods you read about in the article to test their
ideas before further developing them.
Present your work to a larger group.
PRACTICAL ISSUES
There are a broad range of practical and operational issues that will
determine whether or not a concept can be developed and implemented
in the specific work or community environment and implemented in the
marketspace.
ACTIVITY: BRAINSTORM
In a group, brainstorm any other practicalities that should be considered when
evaluating ideas/concepts.
Take notes to summarise what you (and others) have researched and keep them for
future reference.
ACTIVITY: DEVELOP
Continue with the need/opportunity in the process or program you chose in the
previous “develop” activity.
ACTIVITY: REFLECT
What is your communication style? Have you ever experienced difficulty
communicating in a workplace or community setting?
CONSIDERING FEEDBACK
• Workplaces need timely, accurate and constructive feedback in order
to succeed.
• The time during or after a presentation is an opportunity to ask for
feedback and then actively consider the feedback.
ACTIVITY: BRAINSTORM
In a group, brainstorm ways to record and include feedback. Take notes and keep
them for future reference.
CONSIDERING FEEDBACK
• The most important outcome from feedback is the action you take. Use
the feedback as an opportunity to refine your proposal.
• Remember that not all feedback is relevant, but should be considered.
ACTIVITY: WATCH
Watch the video on 10 tips for making a self-evaluation more meaningful.
Video: https://www.youtube.com/watch?v=-blNWDCjDcQ (05:11)
Take notes and keep them for future reference.
ACTIVITY: REFLECT
What are your strengths? What are your weaknesses? How can you address your
weaknesses? Do you currently have any skills that are unused in the workplace? What
would you like to improve on?
REFINING CONCEPTS
Throughout the concept development process, it is important to be open
to ongoing refinement and testing. This is not a once-off event.
ACTIVITY: REFLECT
Continue with the concept you selected used in the previous “develop” activity.
DEVELOPING CONCEPTS
Once you’ve refined your concept, start developing detailed
implementation specifications and then present them to relevant parties
for approval, funding or endorsement.
ACTIVITY: READ
Read the articles on product specifications. Take notes and keep them for future
reference.
Article 1: https://blog.hubspot.com/service/product-specs
Article 2:
https://www.prodpad.com/resources/guides/product-management-process/specification
s/
ACTIVITY: BRAINSTORM
In a group, brainstorm how product specifications will differ between products,
services, processes and programs.
Take notes and keep them for future reference.
ACTIVITY: DEVELOP
Continue with the concept you refined in the previous “develop” activity.
1. Create detailed product specifications.
2. Write a formal project proposal to provide to relevant parties for approval, funding or
endorsement.
ACTIVITY: REFLECT
As part of a continuous improvement mindset, reflect on your product development
approach from start to end. What would you do differently?