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IoT Innovation Strategies
You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. In response to a VUCA (volatile, uncertain, complex, and ambiguous) world, innovation has become a necessity for most organizations that want to compete in the marketplace. This includes automobile and truck manufacturers. Your organization has decided to add IoT technology to its vehicles. While your organization is debating whether to utilize incremental or discontinuous innovation, you have been asked to create a presentation analyzing the dimensions of innovation for your team members. This presentation will help your team members understand the types of IoT technology that can be included in their organization’s vehicles and the possible technological trajectory (path).
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IoT Innovation Strategies
Prompt
Create a presentation that identifies IoT devices and discusses the two approaches to innovation (discontinuous and incremental) using the information provided in the above overview and the dimensions of innovation and the five major technological trajectories from your textbook. It may be helpful to review the CTO Brief, Comparative Growth Data, Comparative Operating Statistics, and Comparative Product Plans documents included in the Module One Memo Guidelines and Rubric to support your work in this assignment as needed.
Specifically, your presentation must address the following rubric criteria:
- Slide One: Identify examples of loT devices for your company to adopt at the component level (individual parts) and system level (how these parts integrate and function together).
- Slide Two: Explain which of the IoT device examples provided are potential incremental innovations and why they are incremental.
- Slide Three: Explain which of the IoT device examples provided are potential discontinuous innovations and why they are discontinuous.
- Slides Four: Explain the potential path for your organization using one of the five technological trajectories for your organization and provide justification for your choice.