PURPOSE-DRIVEN INNOVATION. Think of a purpose-driven innovation in each of the f

PURPOSE-DRIVEN INNOVATION. Think of a purpose-driven innovation in each of the following market categories: (a) TRANSPORTATION, (b) FOOD AND BEVERAGES, and (c) PERSONAL CARE. Within each category, answer these questions. (i) CATEGORY INNOVATION. Describe the status quo in the product category, your purpose, and your innovation. (ii) TARGET MARKET. Identify the consumer segment who will be the most likely to value your category innovation. Use demographic, geographic, psychographic, and/or behavioral variables to define this segment. (ii) ANTICIPATED RESPONSE. Anticipate the response and resistance to your innovation from other relevant stakeholders (e.g., activists, employees, communities, governments, journalists). (iii) PROMOTION MIX. Explain how you would promote this innovation to ensure that it is a success. The slide entitled “Promotion Mix” could serve as a checklist of options.MAKING THE PITCH. A key step in any marketing project is pitching your ideas to your colleagues, bosses, partners, and funders. Watch any 3 pitches from the TV show Shark Tank on YouTube. You just need to watch the pitch, not the investor negotiations. (a) LINKS. List weblinks for the 3 pitches you selected. (b) THE LEAST EFFECTIVE. In your opinion, which pitch was the least effective and why? If you were to redo the least effective pitch, what would you do differently? (c) THE MOST EFFECTIVE. Which pitch was the most effective and why? If you were to redo the most effective pitch to make it even better, what would you do differently? (d) PITCHING EXPERIENCE. Describe any experience you have had pitching a new idea to a tough audience and what you learned from the experience. (e) MY PITCH. As an entrepreneur, you are seeking venture capital for a new business idea. Please write a short elevator pitch.CAREER ADVANCEMENT. Find 5 different job ads (internships or permanent jobs) in marketing or other business areas that interest you. Aim for as much variety as possible. At least one of these jobs should be at a global company. At least one of these jobs should be at a relatively small company. (a) JOB ADS. Provide web links to the descriptions of each of these 5 jobs. (b) VALUES-BASED SELECTION. Which of these jobs most closely aligns with your personal values and how? (c) LIKELY HURDLES. Identify all the educational, experiential, psychological, and practical hurdles you might face in securing these jobs. (d) MY NEXT STEPS. Enumerate the steps that you are going to take to overcome these hurdles and get these jobs in the next few months.PROFESSIONAL DEVELOPMENT. (a) COURSE SLIDES. From all the slides discussed in the course so far, elaborate on 3 course slides that may be helpful for your professional goals. Describe when, where, and/or how you might use the slide. (b) CHARACTER STRENGTHS. Describe 3 character strengths that you think you are improving upon during this course. Describe where you used to be, how you are progressing, and how you hope to develop next. (c) WELL-BEING PILLARS. Do the pillars of well-being exercise. Identify at least 3 actionable insights that you learn about your current circumstances. (d) PEER REVIEW. Who was your peer reviewer? What were their most useful comments on your portfolio? (e) SELF ASSESSMENT. Please evaluate your own portfolio on the 10 evaluation criteria using a 1-5 scale.

You may also like