You are assigned the task of identifying a specific customer need, problem, or business opportunity related
to the retail clothing industry within the local area that addresses specific Environmental, Social &
Governance issues or a combination of these.
By applying appropriate tools and methodologies taught
throughout the module, you will explore creative and innovative solutions. Your task includes selecting the
most viable solution, outlining its implementation plan for the next 12 months, and conducting an
innovation audit to identify and address potential implementation issues.
Choose a specific customer need, problem, or business opportunity related to the local retail
clothing industry. This could involve issues like promoting sustainable consumption, reducing waste
in retail operations, enhancing access to ethically sourced products, or supporting local businesses.
Analyse how the chosen opportunity or problem relates to Environmental, Social & Governance
considerations. Consider how the solution could impact the environment, contribute to community
well-being, and align with ethical governance practices.
Utilise creative and innovation tools to generate a range of possible solutions for the identified
opportunity or problem in the retail industry. These solutions could include implementing zero-waste
packaging, developing a sustainable supply chain, introducing eco-friendly product lines,
implementing in store experiences, creating digital platform for local artisans, and more.
Choose the most suitable solution based on its potential impact, feasibility, and alignment with the
identified opportunity or problem. Provide reasoning for your selection, citing relevant data and
factors.
Develop a comprehensive outline plan for implementing the chosen solution over the next 12
months. Detail key steps, resources required, stakeholder engagement strategies, and a timeline.
Apply an innovation audit methodology to proactively identify potential challenges and obstacles
that the solution may encounter during implementation. Consider factors like market readiness,
regulatory compliance, resource availability, and community engagement.
Offer well-informed recommendations for overcoming the potential challenges identified in the
innovation audit. Provide strategies to mitigate risks, align with local regulations, secure necessary
resources, and foster community acceptance.
Remember, there should be a clear
connection between the portfolio and the filmed report.
The length of your individual film report should range from 8 to 10 minutes, allowing for a small variation of
+/- 10% in duration.
Your portfolio must be submitted electronically to Turnitin using the Upload My Assignment link on
LSST Connect and should include the link to the filmed report. In addition, your filmed report must
be uploaded to your LSST Connect OneDrive and the link must be shared with your lecturer.
Your portfolio should reflect your personal effort and contributions, showcasing how you approached the
task with thoroughness and dedication. Your filmed report should be engaging and dynamic, presenting
you as a capable junior executive with a flair for imaginative communication.
More info in the breaf attached
