Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / BIZ301 Organizational Creativity and Innovation Group Venture Plan Presentation The Subject Learning Outcomes demonstrated by successful completion of the task below include: Identify organisations that develop and foster the processes, practices, and attributes for creativity and innovation
BIZ301 Organizational Creativity and Innovation
Group Venture Plan Presentation
The Subject Learning Outcomes demonstrated by successful completion of the task below include:
Assess the suitability of innovators as agents of change.
Task Summary
This assessment is an opportunity to individually pitch your Group Venture Plan (Assessment 2) to an audience of potential investors or perhaps an investment committee, as is often found in large organizations. It will help you develop your ability to deliver an effective business pitch that convinces others that your idea for a business is worth funding - based on sound, rational business decision making.
The key objectives are to ensure the venture plan is presented with the following attributes:
Context
This assessment is a culmination of your learning this term and provides the opportunity for the you to demonstrate an understanding of, and ability to apply, all of the theories, concepts, and ideas from the subject.
Task Instructions
You will need to develop a dynamic, interactive presentation pitch that uses clear and concise language, and a logical flow of ideas. The aim of your presentation is to convince someone to invest money and therefore, you need to be as compelling as possible. The entire venture plan needs to be explained and all of your learning this term should be on display.
Suggested Content of your Venture Plan Presentation:
Specifications:
Referencing
It is essential that you use appropriate APA style for citing and referencing research. Please see more information on referencing here in the Academic Writing Guide found via the Academic Skills website.
Submission Instructions
Submit your venture plan slides and recorded presentation, by clicking on the Assessment link, in the main navigation menu in BIZ301 Organisational Creativity and Innovation. The learning facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades.
Online students are to create a PowerPoint, Prezi or like presentation and upload it to Blackboard for the learning facilitator to review. You are to record your presentation pitch using Zoom, or PowerPoint. PLEASE NOTE: You must be visible in the presentation.
The presentation pitch is to be 8-12 minutes in length.
Face-to-face students will present in class, referring to the presentation.
Academic Integrity
All students are responsible for ensuring that all work submitted is their own and is appropriately referenced and academically written according the Academic Writing Guide. Students also need to have read and be aware of Torrens University Australia Academic Integrity Policy and Procedure and subsequent penalties for academic misconduct. These are viewable online.
Students also must keep a copy of all submitted material and any assessment drafts.
Assessment Rubric
|
Assessment Attributes |
Fail (Yet to achieve minimum standard) 0-49% |
Pass (Functional) 50-64% |
Credit (Proficient) 65-74% |
Distinction (Advanced) 75-84% |
High Distinction (Exceptional) 85-100% |
|
Knowledge and Understanding
Identify a suitable idea/project to develop a venture plan and scale to a global organisation 35% |
Limited demonstrated potential for the group venture idea / project.
Limited detailing of the content of the venture plan to show how it scales to a global organisation.
|
Adequately describes the potential for the group venture idea / project.
Adequate detailing of the content of the venture plan to show how it scales to a global organisation.
|
Exceeds the basic requirements to somewhat convincingly demonstrate the potential for the group venture idea / project.
Good detailing of the content of the venture plan to show how it scales to a global organisation. |
Exceeds the basic requirements to convincingly demonstrate the potential for the group venture idea / project.
Advanced detailing of the content of the venture plan to show how it scales to a global organisation. |
Professionally and compellingly “sells” the potential for the group venture idea / project.
Expert detailing of the content of the venture plan to show how it scales to a global organisation. |
|
Application with synthesis of new knowledge
Use of relevant creativity tools and approaches for venture development
30% |
Limited understanding of required concepts and knowledge. Key elements of the theory are not addressed. Little relevant use of creativity tools to arrive at the chosen venture idea.
|
Adequate knowledge or understanding of the field or discipline. Resembles a recall or summary of key ideas. Often confuses assertion of personal opinion with information substantiated by evidence from the research/course materials. |
Thorough knowledge or understanding of the field or discipline/s. Supports personal opinion and information substantiated by evidence from the research/course materials. Demonstrates a capacity to explain and apply relevant concepts. |
Highly developed understanding of the field or discipline/s. Discriminates between assertion of personal opinion and information substantiated by robust evidence from the research/course materials and extended reading.
|
A sophisticated understanding of the field or discipline/s. Systematically and critically discriminates between assertion of personal opinion, and information substantiated by robust evidence from the research/course materials and extended reading. |
|
|
|
Some level of rationale for the chosen venture and its position in the market. |
Begins to develop a clear understanding of the market need, competitive position, and customer need for the product /venture. |
Demonstrates a clear understating and strong approach to meeting the product/venture in a new market. |
Excellent demonstration of the venture’s position in the competitive marketplace and strong understanding of the potential of the product. The path to market is expertly articulated. |
|
Analysis of the key drivers for financial success for the chosen venture
Develop a 3-year cash flow and profitability analysis demonstrating high- level break even analysis and exit strategy
(15%) |
Limited or poor financial analysis. No clear or convincing path to a positive financial outcome. |
Acceptable financial analysis. An adequate demonstration of a conceivable path to financial success. |
Good financial analysis. A good demonstration of a credible path to sustainable financial success. |
Very good financial analysis. Thoroughly understands the market size and addressable market opportunity. A very good demonstration of a convincing and thorough path to financial success. |
Expert financial analysis. Highly sophisticated and creative analysis, of the market size and addressable market opportunity. An excellent demonstration of a compelling and comprehensive path to financial success. |
|
Effective Communication
15% |
Difficult to understand for audience, no logical/clear structure, poor flow of ideas, argument lacks supporting evidence.
Audience cannot follow the line of reasoning.
Demonstrates inconsistent use of good quality, credible and relevant resources, to support and develop ideas and/or APA guidelines |
Information, arguments and evidence are presented in a way that is not always clear and logical.
Line of reasoning is often difficult to follow, structure of document is poor.
Demonstrates use of credible and relevant resources, to support and develop ideas, but these are not always explicit or welldeveloped or referenced. |
Information, arguments and evidence are well presented, mostly clear flow of ideas and arguments.
Line of reasoning is easy to follow, and the document has a good flow from idea development to financial success.
Demonstrates use of good quality, credible and relevant resources, to support and develop ideas that are well referenced. |
Information, arguments and evidence are very well presented; the presentation is logical, clear, and wellsupported by evidence.
Clear path from idea to market success demonstrated.
Demonstrates use of very good quality, credible and relevant resources that are correctly referenced to support and develop arguments and statements. |
Expertly presented; the presentation is logical, persuasive, and wellsupported by evidence, demonstrating a clear flow of ideas and arguments.
Engages and sustains the audience’s interest in the topic. Demonstrates high levels of market knowledge and customer needs, and is able to develop a quality venture plan, ready for funding by investors. Demonstrates use of high-quality, credible and relevant resources that are correctly referenced to support and develop arguments and statements. |
Already member? Sign In
