Advanced Certificate in Transformation Through Corporate Innovation Assignment Example-SMU Singapore

With the advent of technological advancements, the market grows at an exponential pace and evolves as a transformation in the industry. It is required to work with the time and need to adopt such technologies that enhance the productivity of the business. The advancement in digital technologies prove to be fruitful for the companies and boosts the returns of such enterprise.

The course advanced certificate in transformation through corporate innovation conducted by SMU furnishes a detailed study on innovations that have taken place incorporation sectors and one such transformation reflects in digital technologies.

The innovation dominates the market and persuades the companies to rethink their strategies, evolve programs in light of digital functions and modify their approach.

Digital innovation in the corporate sector not only increases the reach of the market but also enables the organization to realize a high profit- margin and return in their business. Such digital advancement increases the opportunities and blends the market in one frame in a digital world.

Digital innovation helps the business the most in such a pandemic situation where it works as a yardstick for the enterprises. The digital innovations enable the companies to survive in such a devastating situation of pandemics and work with a distinct approach.

Assignment solution of Advanced Certificate in Transformation Through Corporate Innovation

At the end of this module, the learners able to assess and formulate corporate innovation with the following learning outcomes:-

1: How Corporate Innovation and New Markets help the business to grow and improve its working mechanism.

The reiteration of the famous statement that necessity is the mother of innovation and so corporate innovation does the same in the corporate sector. To bring the corporate innovation successfully implemented over the globe is the responsibility of companies or enterprise exists in the market and accomplish the organizational objectives.

The advanced certification enables the business to increase its efficiency level and help the business to developers reach. Digital creation all over the world makes a new market where a business can secure its profit margin at the next level and the course introduces such major corporative innovation to its learners.

The course involves planning innovation, how innovation plays a significant role in new markets, the business case for innovation, funding innovations, etc. The course also describes the difference between invention and innovation and when something new introduces in the business it is termed as innovation rather than invention.

Certain innovations incorporate are improving business processes to strengthen efficiency, increase the reach of targeted audience with the help of digital economy, etc.

2: Explain the role of leadership and the significance of the future of Work in the Digital Economy.

The course of advanced certification incorporates the role of leadership in the enterprise as a chief function. Every business runs on the pillars of efficient leaders who know how to handle any tricky situation with ease and introduce distinct innovations. The leaders are responsible and credited for all such new corporation innovations that resulted in the growth and development of the business.

The course explains such a role in a digital economy where everything evolves in terms of the digital world. The digital economy boosts the growth of the business ten times with other technological advancements and course elaborates the functioning of the digital economy.

3: How to strategize the value Proposition in the Digital Age.

Value opposition in the digital era helps worldwide customers to determine their interest in the best possible manner. This phase is identified as the enlightenment period of the digital economy where value proposition can be cited expeditiously and potential customers can scrutinize the same efficiently.

In the digital age, the value proposition helps to target the right audience that turns to be potential customers for the business. Successful implementation of value proposition on the company’s website gives comprehensive details of the products and service to the potential buyers.

The course describes the way and effective strategies to formulate value prosecution for any company in the digital era to maximize the profit of the business.

4: Critically analyze the Corporate Governance in the Digital Age and how far this benefitted the economy.

The course of advance certification by SMU academy extensively illustrates corporate governance. Traditionally the corporate functioning operates on different aspects but with the establishment of the digital era and evolution, the fundamentals of corporate governance modify.

From creating the presence of the business digitally to evaluate and assess the performance of employees, implications of executives, etc need to be operated in the digital age.

The course advance certificate in transformation through corporate innovation by SMU academy describes the functioning of corporate governance and how it works in securing the profit margin.

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