Business Management


Review the processes of invention and innovation, Then, select a new product that you have 1
been introduced to the past 12 months. Create a PowerPoint presentation about future
inventions this new product could help to inspire and what innovations could be developed to
enhance & improve this product. Analyze how these 2 areas could impact the company.

Perform an analysis or SWOT on potential impact of inventions or innovations. Slide 1: Title

page Slide 2: Objective or table of contents Slide 3: Description of the new product Slide 4:
Description of the importance of R&D to include lead users and market research Slide 5:
Discussion of appropriate structure & culture necessary to support innovative ideas

products Slide 6: Exploration of future inventions inspired by the product Slide 7: Analysis of
future innovations of this product (Was this a successful invention leading to innovation?)
PowerPoint required Info CONT.

Slide 8: ROI, shareholder value, economic value added analysis, or a SWOT, on innovation

Slide 9: ROI, shareholder value, economic value added analysis or a SWOT, on invention Slide

10: Brief description of the benchmarking process as applied to this company (What problems
with performance measuring can be encountered?) Slide 11: Prediction of product demand in 5 years slide.