You have 5 essay questions worth 20 points each that should not exceed 1 page per response. The questions will be graded based on how well written the answer is, how well it answers the question, how it applies logic from readings, and demonstrates critical thinking. Question 1 asks about creative confidence and providing a visual. Question 2 asks about human centered design thinking and how it could be implemented in a large organization. Question 3 asks about open versus closed business models and providing an example. Question 4 asks about how innovations spread to market and distinguishing hype from true innovation. Question 5 asks about important organizational issues to consider for a successful student team project focused on knowledge creation and management.
Insurers' journeys to build a mastery in the IoT usage
You have 5 essay questions each worth 20 points Each.docx
1. You have 5 essay questions – each worth 20 points each. Each question
should no
You have 5 essay questions – each worth 20 points each. Each question should not exceed 1
page of writing, 12 point font, 1 inch margins. Prepare as an essay, although bullet points
are allowed to help with organization. Graphics/pictures are not included in the 1 page
limit. Cite your sources. Complete your answers in a word document and upload through
turnitin, like you do your weekly assignments. All work must be done individually, but you
can leverage your notes/readings etc.Your answers will be graded on 4 things:Well written:
25%Answered question: 25%Applied logic from readings: 25%Demonstrated critical
thinking skills and synthesis of ideas: 25%Question 1: What is creative confidence and why
does it matter in the process of innovation? Create a picture showing visually what you
think creative confidence is.Question 2: What is Human Centered Design Thinking and how
does it differ from the traditional way organizations innovate? Do you think the HCDT
process/mindset can be effective in large organizations and how might you, as a manger,
effectively implement it in your own organization?Question 3: Explain the difference
between open versus closed business models. What do you think holds companies back
from adopting an open model? Find an example (not Cisco – referenced in the reading) of a
company that has adopted an open business model and explain how they do it and
demonstrate how it has driven innovation at the firm.Question 4: How does an innovation
spread from an idea to the market? How can you tell the difference between hype and true
innovation?Question 5: In preparing for your team project with fellow students, what
organizational issues do think are most important to consider for your team to be
successful? Think about knowledge creation, managing knowledge, and what computer
mediated communication channels you will use.