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Task Description: Drawing from your learning in the course, pitch your selected solution to the problem statement. Based on your problem statement, you now need

Task Description:

Drawing from your learning in the course, pitch your selected solution to the problem statement.

Based on your problem statement, you now need to develop solutions using the structured solution development process and pitch your solution to your target audience.

Problem statement:

Holden, a significant player in Australia's rich history of automobile manufacturing, is facing a significant challenge in addressing climate change and environmental degradation, shaped by the complex interplay between economic dynamics and technological progress. This challenge requires the company's strategic commitment to promoting sustainable vehicle technologies, adopting environmentally friendly manufacturing processes, and adhering to intricate regulations. The volatility of fuel prices due to global economic factors and local political events poses a serious economic challenge, impacting consumer preferences and demand for alternative fuel-saving solutions. Neglecting this could significantly impact Holden's market share, financial stability, and reputation as an innovator in a threatened industry. Additionally, the transition to electric vehicles (EVs) necessitates strategic thinking and a comprehensive reevaluation of production procedures, supply chain networks, and the entire business ecosystem. Addressing climate change urgently and promoting sustainable practices by businesses is crucial for reducing emissions, but the challenge of addressing climate change is becoming more challenging. The financial weight of this transformation requires significant investment in cutting-edge technology and sturdy infrastructure, which is a significant roadblock to the automobile industry's progress. To secure its competitiveness and sustainability, Holden must involve proactive investments in infrastructure, research, and development.

Using the Basic Template to answer each questions below:

  1. Overview of the Presentation
  • What will your presentation cover?

2. Introduction and Context

  • What is the purpose of your pitch?
  • What is your selected business/ industry and key context to frame the presentation?

3. Problem Identification (Problem Statement)

  • Current/present state -
  • Gap -
  • Future state -

Note: Summarise information from Problem statement above; consider:

o What is your problem statement?Include keyelements of the problemstatement (Current State - Gaps - Future State)*.

o What problem(s)/ gap(s) were identified in problemstatement that is hindering you from achievingthe 'future' state/ your stated goal?

o The problem/ gap should focus on one problem that is created by agrand challenge/ wicked problem. This assignment is not about solving the grand challenge/wicked problem (e.g.,COVID), but solving a problem(s) experienced by your selectedbusiness/ industry caused by the grand challenge/ wicked problem (e.g.,howlockdown measures due to COVID has impacted the hospitality industry).

o It is fine if you need to 'reframe' your problem because the grand challenge problemyou identified in Problem statement has since evolved or was not clearly defined (e.g., how policies changed when the COVIDDelta-variant emerged), but youcannotuse an entirely differentproblem/ business/industry from Problem statement.

* Revise your problem statement:How good is this problem statement?How could you improve it? Can you identify the problem statement components (current state/ gaps/ future state)? Does it focus on the business/ industry? Or does it focus on the grand challenge or how the business/ industry contributes to the grand challenge (if this is the case, it MUST be reframed). Is the gap specific and clear? Is it possible to draw solutions for it? How concise and clear is the problem statement overall? Is it too wordy?

4. Proposed Solution

  • How to solve the problem
  • Solution 1/ Hypothesis Statement 1
  • Solution 2/ Hypothesis Statement 2

*Your solutions must besupported by credible sources*.

*Important:your proposed solution should add 'value' beyond just talking about existing solutions published in the academic literature and credible sources. You could demonstrate 'value-add' by incorporating the correct application of concepts/ framework/ techniques taught in this course such as systems thinking, design thinking, etc. Your solution hypotheses need to take into consideration ethics and sustainability.

*Identify which one is the most effective solution (the solution to implement).

*Remember, you need to convince your audience why this is the most effective solution in the nextslide.

5. Pitch Solution

  • Describe the solution: a blended manufacturing process where AI and humans can work together. Define the blended manufacturing approach.
  • Key stakeholders who will be involved in the solution
  • Why is it the most ethical?
  • Why is it the most sustainable?
  • Advantages/ disadvantages (risks associated with the solution)

*Why is this solution selected out of other solutions? Why will this solution work (feasibility)? How will this solution help resolve the gap identified in the problem statement? How does this solution help you move from the 'current state' to the 'future' state in the problem statement?

*When presenting a solution, to be convincing, you need to show that you have thought about the value and benefits or the strengths of your proposed solution (how does your solution take us from the current state to the future desirable state), but also that you have considered the weaknesses, consequences or risks associated with it and how to overcome them. Think about turning a threat/ negative situation into opportunities.

6. Pitch Solution - SMART

  • Specific - upskilling program for all employees in manu, industry
  • Measurable - time metrics (efficiency), increase in inventory volume, performance of AI robots, costs reduction.
  • Achievable/ Attainable - examples of effectiveness from other industries
  • Realistic/ relevant - cost/efficiency linked to broader objectives for the industry/companyTime - Bound - use time intervals to describe timelines e.g. 3/6/9/12/18 months

7. Conclusion

Briefly recap the problem, how you used the structured solution implementation processes to work out your solution(s), and why your selected solution will help achieve the 'future' state in your problem statement (importantly, also why your selected solution is ethical and sustainable and S.M.A.R.T.

8. Reference List

  • Use APA7 style.
  • A minimum of 6 references are required with at least half of them from academic/ business sources, such as peer-reviewed/ academic journal articles and credible publications like government, business or industry (avoid unsubstantiated sources that are not credible or reliable like Wikipedia, blogs, etc.).

Marking Criteria

- An insightful and well justified grand challenge problem that impacted the selected business was clearly presented referring to all the relevant elements of a problem statement (current state, gap, and future state) and is written in proper context. The problem statement has identified the problem/ gap clearly and succinctly that will allow the future state identified in the problem statement to be achieved when the solution is developed and selected.

- It is evident in the presentation that the ^solution hypotheses have been developed using the structured solution development processes and supported by high quality and credible sources (through appropriate in-text references). The solution hypotheses are of exceptional quality*

- One clear and feasible solution is selected and demonstrated: (1) excellent S.M.A.R.T. technique and (2) ethics and sustainability . The pitch* is highly effective in convincing the target audience why this is the most effective solution. That is, the presenter is able to justify why the selected solution will resolve the gap and help the selected business arrive to the future state identified in problem statement. The conclusion is highly impactful and reinforce the key points of the presentation. That is, the purpose of the assignment*

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