FINAL Exam Content:
For a manager to successfully execute a strategy for a product or process innovation, they must have a strategy for the implementation, which requires flexing their skills in information analysis. Understanding the impact of regulatory requirements and the ethical considerations for the rollout are key factors to developing strategies for a successful launch. Each innovation will have its own considerations, such as protecting intellectual property rights, complying with federal regulations and local laws, or issues affecting the community.
This week, you’ll present the implementation strategy for a luxury Medical Spa innovation to the executive leadership team and the project management office (PMO) so they can assign resources and put a project team together. The name of the new business will be “Mikael’s Oasis: Luxury Spa Resort”
Assessment Deliverable
Write a 700- to- 1,225-word implementation strategy for the innovation you selected.
Identify the organizational resources necessary to implement and assess whether the organization has the resources or must hire or contract to get there.
Explain any ethical, legal, and regulatory implications related to the implementation.
Identify regulatory stakeholders that may influence the approval and implementation of your innovation.
Identify legal mechanisms to protect the innovation through patents, copyrights, trademarks, and trade secrets.
Identify any ethical issues related to the implementation of the innovation.
Establish a timeline for deploying the business.
Cite any references to support your assessment.
Format your assessment according to APA guidelines.
Include at least 5 major tasks or milestones that must be accomplished to roll out your innovation. Consider formatting your timeline as a chart.
Resources Needed
25% of total grade
Regulatory
15% of total grade
Legal
15% of total grade
Ethics
15% of total grade
Timeline
20% of total grade
Cultural Competence and Ethics: Respectful Communication and Interaction
5% of total grade
APA, Grammar, and Writing Mechanics
5% of total grade
Maximum Score175 points
