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Perform the Assessing Innovation in an Organization simulation. Write a 1,050- to 1,400-word paper that addresses the issues of R&D measures, portfolio management and motivation.
Perform the Assessing Innovation in an Organization simulation. Write a 1,050- to 1,400-word paper that addresses the issues of R&D measures, portfolio management and motivation. To do so, include a discussion of the following: Summarize the situation at Imotep. Explain your choice of options at each phase and why you chose them. Explain how you used the data from the simulation to evaluate the alternative solutions. How accurate do you think the data presented in the simulation is? Do you believe that the data is equally accurate for all options? Discuss decision making for R&D in light of ambiguous data validity. Explain how R&D measures differ from more standard financial measures. Do they tend to be leading or lagging measures? Compare how R&D and financial measures can be used together to make management decisions. Did you use the profitability projections in portfolio planning? How accurate do you think these projections are? Are they equally accurate for all projects? How would this consideration influence your choice of projects? Explore options in a real organization to develop support for the data and estimates for upper and lower bounds as well as a best guess. Evaluate the effort required to do this background checking against the total budget of the programs involved. Click the Assignment Files tab to submit your assignment
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