How BHP Billiton Can Improve Through Innovation and Entrepreneurship

$36.00

MGMT20144 Management and Business Context

Term 3, 2016

Course Coordinator: Dr Geoffrey Chapman (g.chapman@cqu.edu.au)

Assessment 2 – Report
Applying Contextual Factors

On campus students
You will work on this report task individually. You will be required to show understanding
and application of the materials presented in weeks 1-8. Once completed, you will be
required to submit this task through turnitin on the Moodle site for this course.
FLEX students
Your requirements for this task are the same as on campus students.
Policies and Procedures for Assessment
You should familiarise yourself with the following policies and procedures at
http://policy.cqu.edu.au:

 Assessment and examination policy and procedures
 Assessment of Coursework Policy
 Assessment of Coursework Principles
 Assessment of Coursework Procedures

You can also find useful information pertaining to assessment submission and support
services on the CQU website: https://www.cqu.edu.au/student-life/new- students
The School of Business and Law generally uses the APA (Author/date) style of referencing.
More information on the styles used by various schools can be found at
https://www.cqu.edu.au/student-life/services- and-facilities/referencing/cquniversity-
referencing-guides
Applying for assignment submission extensions should be done through the assignment
extension system http://webfuse.cqu.edu.au/Assignment_Extensions/
Contacting Teaching Staff
During the course, you should initially contact your class facilitator to answer any queries
related to the course that you may have. Contact details for local teaching staff can be
found on the Moodle course website. Flex students should contact the course coordinator
with any questions regarding the course, its content, and assessments.

If your class facilitator cannot fully answer the query, or it is of a personal nature, all
students can contact the Course Coordinator, Dr Geoffrey Chapman
(g.chapman@cqu.edu.au).
Student Contact
The University allocates every student an individual email address, the format of which is
firstname.lastname@cqumail.com (e.g. john.citizen@cqumail.com). This is the official email
address that the university will use for all email correspondence. You can access your
student email account through http://my.cqu.edu.au.
You are requested (and expected) to check your official email address on a frequent and
consistent basis (at least once weekly, but ideally more often). You are also encouraged to
review the new Student Email Principles university policy relating to email communication
at http://policy.cqu.edu.au which has been introduced to ensure all course and program
updates are received. Regular student access to email is required for this course. Regular
student access to the Internet is also required for this course. Students are expected to
follow a self-directed study schedule which meets the required deadlines.
Student use of the course website is mandatory. This is provided through Moodle
http://moodle.cqu.edu.au. MGMT20144 uses the Moodle site extensively. If you have
difficulty logging into Moodle sites, please contact IT Helpdesk on (07) 4930 9233 or 1300
666 620, Monday to Friday between 7.30 am to 5.30 pm.

Description

As the business world becomes competitive, new avenues for gaining competitive advantages are arising, one of them being innovation and entrepreneurship (Greenhalgh& Rogers, 2006). Innovation and entrepreneurship presents business with a chance to improve their products or develop new products and services that disrupts the industry, and in the process setting a new growth path from their competitors (Bowman, 2011). Technology based industry leads the way of innovation especially in the mobile phones and computer software and hard sectors (Hughes, 2008). The industry has shown that innovation not only helps the individual company to growth their resource base and performance, but also leads to improvement of the industry as a whole.  It is the new lifeblood of organizations, but most organization are approaching it in the wrong way, making it difficult for them to successful innovate or benefit from their innovations. This report outlines how BHP Billiton can improve through innovation and entrepreneurship.