BSBMGT608 - Manage Innovation and Continuous Improvement Assessment Answer

Subject Name : Management

Assessment Activity
(Performance amp Knowledge)

BSBMGT608
Manage innovation and continuous improvement
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Table of Contents
TOC h z t Heading 1 c Introduction PAGEREF _Toc2713973 h 3Part 1 PAGEREF _Toc2713974 h 3Part 2 PAGEREF _Toc2713975 h 4Part 3 PAGEREF _Toc2713976 h 5Conclusion PAGEREF _Toc2713977 h 6Reference list PAGEREF _Toc2713978 h 7

IntroductionMeetings and Events Hire is an event organising company which helps for organising meetings and various events in a very low cost. The company is organising the events from 15 years in the land of Melbourne. The company under consideration provides the support for the event management system and this company also supply equipments for all types of events in the land of Melbourne. The assignment has focused on the development of the business operation. Additionally, the assignment is also focusing on the development of the business for becoming the number one event management organization in the land of Melbourne within the time interval of the five years. The continuous improvement plan and the creativity in the business operation has been done and analysed in the business operation. Apart from this, the risk management of the business operation and the implementation of the business plan has been prepared and discussed in the business operation.
Part 1Meetings and Events Hire is one of the famous event management companies in the land of the Melbourne. This company is well known and famous for the excellence in the operation and sustainable business operation. Moreover, the business organization also running the business since 15 years, which has helped the organization for accessing huge customer base in the business operation (Lam, ODonnell and Robertson, 2015). The understanding of the development of the business plan showed that creative thinking is very much necessary in the business operation for operating an innovative business. For improving the business and for becoming the number one event organizing company in the land of Melbourne, the organization needs to improve the process for gaining the support of customers. The company need to reach too many customers for gaining the customer support. Moreover, conducting an online business operation will be very much beneficial for the company. For that reason, the company need to include the social media and other digital platform in the business operation for gaining more customers in the business operation. The implementation of the technology is the most important factor in the business operation for improving the business and for reconstructing the business structure. Inclusion of the technology in the business operation will help for understanding the demand of the customers and the technology will help for conducting the business in a sustainable way (Kang and Bhatti, 2018). Furthermore, this technology will help for connecting with many customers and it will help for centralising the business operation. The application of technology in the business operation will help for maintaining the business automatically which will help to gain the market information automatically and it will help for managing the entire business automatically (Boer et al. 2016). In addition to this, the implementation of the technology in the business operation will help to improve the customer base. The technology will help for becoming the number one event management company as it will help for controlling the business operation and it will help to understand the pricing process and will also help to analyse the financial system of the business system.
Part 2The Meetings and Events Hire is a well known event management company in the land of Melbourne. The company has appointed 80warehouse staff and 20 technical staff in the business operation. In addition to this, the company has appointed 20 more people as a supporting staff for administration, sales, finance, HR operations and innovation processes. The employees in the business operation will help to develop the process by maintaining the entire business operation in a structured way. Additionally, the technological implementation in the business operation will help to organise a customer centric business operation. The inclusion of the social media and the other digital platform in the business operation will help for promoting the business also. The digital technology in the business operation and the social media will help to access many customers in the business operation (Purcell, Scott and Mixson-Brookshire, 2017.). The improvement of the business operation will help to gain the information regarding the customer demand. Moreover, the technology will help for including the customers in the business operation. The technology will also help to improve the planning process for the events and the meetings in the business operation. The improvement in the business will help to increase the profitability in the business operation. In addition, the implementation of the technology in the business will help to understand the market demand and requirement of the planning (Bellamy, Elkins and Dobbs, 2017). The application of the technology in the business operation will help to develop the business by providing the online platform for operating the business. The online business operation will help to conduct the business by taking order from the online basis. The online business process will help to improve the customer base in the business and will help to expand the business in a broader way. Apart from this, the implementation of the technology will help to operate the risk management process in the business operation. The implementation of the technology in the business process will help for analysing the operational process in the organization. Moreover, the technology will help to understand the risk level and the process for mitigating the risk in the business operation. Apart from this, the technology will also help to improve the business process. In addition to this, the development of the business operation is completely dependent on the technological implementation. Additionally, the development technology will also help for finding way for mitigating the risk in the business operation.
Part 3The inclusion of the social media and the digital media in the business operation will help to develop the business by promoting the business globally. Moreover, the social media in the business operation will help to understand the demand of the market, which will help to develop the business in a proper way. In addition to this, the understanding of the business market will help to improve the customer base (Matthews et al. 2015). The innovation in the business operation will help to develop the customer base by gaining more customers in the online basis. The implementation of the technology in the business operation will help to improve the business with help of the proper promotional technology in the online basis. The technology will help to gain more customers in the business operation by connecting with the customer at the same time. Moreover, the implementation of the technology in the business operation will be very much helpful to improve the business operation by gathering the market information. In addition to this, the implementation of the technology will be done depending on the online survey in the business operation which will help to gather customers demand in the business operation. The analysis of the market condition will also be done with the help of the technological implementation in the business operation. Moreover, there will a feedback taking process which will help to gather information regarding the customer expectation and customer demand in the business operation (Isaac et al. 2016). The application of the customer satisfactory information will help to improve the service quality of the business operation. The technological implementation in the business operation will also help to cultivate the innovation in the service operation. The online business operation will help to increase the service area and will help take order from online basis. The service area operation and the improvement in the business development will be encouraged with the help of the technological implementation in the business operation. The technology will help to audit the business data automatically and will help to track and maintain the data in a secure way.
ConclusionAll types of safety measures will be maintained during implementation of the technology in the business operation. The main purpose if the business operation is to gain the huge customer support from the business operation that will help to become the number one event organizing company in all over the world. Moreover, the technological implementation will help to analyse the risk in the process and will help the business by providing the procedure for mitigating the risks in the business operation. The technology in the business will help to increase the service area in the business operation which will help to gather more customers in the business operation. Apart from this, the innovative business operation and the continuous improvement plan also include the regular check up of the technology in the business operation, which will help to gain more customers in the business. The above discussion is about the planning and the implementation of the technology in the business operation which will help to become the Meeting and Event Hire company number one event management company in the business world. The application of the technology will also help to improve the business promotional process that will help to attract customers in the business process.

Reference listBellamy, L.M., Elkins, K.L. and Dobbs, M.R., 2017. Abstract TP390 Continuous Quality Improvement Implementation Across a Large Stroke Network of Affiliated Rural Hospitals Demonstrates Improved Care.Stroke,48(suppl_1), pp.ATP390-ATP390.
Boer, H., Berger, A., Chapman, R. and Gertsen, F., 2017.CI Changes from Suggestion Box to Organisational Learning Continuous Improvement in Europe and Australia Continuous Improvement in Europe and Australia. Routledge.
Isaac, J.K., Sanchez, T.H., Brown, E.H., Thompson, G., Sanchez, C., Fils-Aime, S. and Maria, J., 2016. How compliance measures, behavior modification, and continuous quality improvement led to routine HIV screening in an emergency department in Brooklyn, New York.Public Health Reports,131(1_suppl), pp.63-70.
Kang, P.S. and Bhatti, R.S., 2018. Continuous process improvement implementation framework using multi-objective genetic algorithms and discrete event simulation.Business Process Management Journal.
Lam, M., ODonnell, M. and Robertson, D., 2015. Achieving employee commitment for continuous improvement initiatives.International Journal of Operations amp Production Management,35(2), pp.201-215.
Matthews, R.L. and Marzec, P.E., 2017. Continuous, quality and process improvement disintegrating and reintegrating operational improvement.Total Quality Management amp Business Excellence,28(3-4), pp.296-317.
Purcell, J.W., Scott, H.I. and Mixson-Brookshire, D., 2017. Continuous Improvement in Online Education Documenting Teaching Effectiveness in the Online Environment through Observations.Online Journal of Distance Learning Administration,20(4).