Individual Assignment: Evaluating Strategic Approaches to Innovation on Performance Frontier In this Individual Assignment, you will conduct a performance frontier analysis of the an organisation you...

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Individual Assignment: Evaluating Strategic Approaches to Innovation on
Performance Frontier
In this Individual Assignment, you will conduct a performance frontier analysis of the
an organisation you have chosen for your project paper.
To prepare for this Individual Assignment:
Review the Readings and, in particular, examine the articles by Eccles and Serafeim
(2013) and Kim and Mauborgne (2004) and the case studies for the unit.
Search the Library for scholarly sources and the online business press for articles
on the company you selected for your Final Project that are related to its strategic
innovation and sustainability strategies (including ESG issues).
To complete your Individual Assignment:
Conduct a brief, well­argued analysis of the past 5 to 10 years of strategic innovation
actions by your selected company (particularly relative to core competitors), which
explains the evolution of the company through the lenses of both traditional and blue
ocean innovative strategy frameworks.
Based on your analysis, provide a convincing argument on how well
prepared you think your company is to create new strategic innovation
actions or to respond to competitor’s innovations. Be sure to clearly argue
how you’ve reached your conclusions and why you think they are
appropriate. (Note: approximately 250 words)
Conduct a thorough and well­argued ‘performance frontier’ analysis which evaluates
how well the company you have selected for your Final Project has done in the past
five years in terms of ESG sustainability innovations and organisational
improvements. Consider an in­depth examination of the company through the core
questions that Eccles and Serafeim (2013: 53) outline:
Have they identified which ESG issues are most critical in their business?
Have they quantified the financial impact that such improvements would
have (had)?
Have they undertaken major innovation in products, processes and
business models to achieve the improvements?Which ones, and which
stakeholders benefited?
Have they communicated with stakeholders about those innovations? Who
were the winners and/or losers that the innovations impacted?
Did the company break down barriers to change or change its incentive
systems? Did it exhibit ‘strategic intent’ on these issues, as Hamel and
Prahalad (2005) treat the topic?
Be sure to identify the implications for future competitiveness, based on your analysis
above.
Be sure to support your postings with evidence from the Readings and current
literature from the Library and other sources. Consult the Harvard Referencing Style
Guide for proper citation and referencing information.
Answered Same DayDec 25, 2021

Answer To: Individual Assignment: Evaluating Strategic Approaches to Innovation on Performance Frontier In this...

David answered on Dec 25 2021
115 Votes
Individual Assignment 1
Individual Assignment:
Evaluating Strategic Approaches to Innovation on Performance Frontier
Individual Assignment 2
Introduction
This repor
t is about the strategic innovation and sustainability strategies of Kraft Heinz.
This also includes the ESG (Environmental, social and governance) issues. It also explains the
evolution of the company through the lenses of traditional and blue ocean strategy.
Strategic Innovative Analysis
The blue ocean strategy has developed by W. Chan Kim and Renée Mauborgne. This
strategic framework shows the re-constructionist views of the company (Kim, and Mauborgne,
2004). With the help of this framework, the strategical innovative action can be identified of
Kraft Heinz.
Eliminate Raise
 Provide more quality
 Focusing on consumers’ needs
 Introducing new products continuously
 Keeping products affordable
Reduce Create
 Traditional marketing
 Manufacturing process
 Restructuring organizational structure
 New packaging with attractive designs
and prints
Evaluating Strategic Approaches to Innovation on Performance Frontier
The innovative strategy of the Kraft Heinz is one of the most significant examples of the
blue ocean strategy framework. The above analysis clearly shows the innovations actions of the
company in the last 5-10 years. Kraft is a large and reputed firm in the food and beverage sector.
The company has a large product line with the international market. The blue ocean strategy has
provided opportunities for the company to bring more capital in the business that the enhanced
Individual Assignment 3
market share of the company (Kim, and Mauborgne, 2004). The company has focused on
bringing new products to the market and the company has a list of...
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