Tutor Quora

BSBMGT608 Manage Continuous Improvement And Innovation

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

BSBMGT608 Manage Continuous Improvement And Innovation

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

BSBMGT608 Manage Continuous Improvement And Innovation

0 Download6 Pages / 1,416 Words

Course Code: BSBMGT608
University: Victoria University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia


1.Define the concept of Kaizen and its most notable feature.
2.Describe all of the components of the Plan, Do, Act, Cycle.
3.What is the purpose of supply chain analysis?

Define the concept of Kaizen and its most notable feature.
Kaizen is defined as the type of continuous business process involving all the stakeholders and business processes (Salman and Broten 2017.). This worldwide accepted technology considers the working environments inside and outside the working business environment and aims to deliver the desired business objectives of the organization.
Describe all of the components of the Plan, Do, Act, Cycle.
Plan Do Act Cycle is defined as the management method which involves the planning phase, small changes of the project are considered in the do phase (McGowan and Reid 2018). The act phase involves the adjustments and corrective actions which are needed for the completion of the project.
What is the purpose of supply chain analysis?
The different steps of a business process are managed with the help of the supply chain analysis evaluation process (Christopher 2016.). Every minute aspects of the projects such as the raw materials used, resources, deadlines, customer satisfaction all are considered in this evaluation analysis.
What is cost-benefit analysis and what is it best used for?
The effectiveness of the investments of a projection is identified with the help of the cost benefit analysis procedure.
Discuss the concept of a learning organisation in a paragraph or two.
Learning organization is defined as the methodology which is essential for every business organisation to enhance its growth and productivity. The key features of a learning organisation are knowledge generation and sharing, continuous learning, systems thinking, learning culture and value of employees.
Why is the concept of shared vision an essential component of a learning organisation?  
Shared vision is an important aspect in every learning organization to maintain the energy and focus of all the stakeholders associated with the projects (McNeil, Frey and Embrechts 2015). The shared vision is very much important for the learning organization to accomplish all the business objectives.
Discuss the concept of team learning in relation to a learning organisation.
Effective learning organization involves the concept of team learning as the growth and development of the organization is only possible if all the concerned persons can achieve the desired results as a whole.
What does Kotters 8-Step change model tell us about transformational change for businesses? Discuss your answer in a paragraph or two?
Kotters 8-Step change model is defined as the change management tool which is actively used in any business organizations which is going through an organizational change. The proposed changes can be successfully implemented (Sallis 2014). The different steps of the Kotters model such as the increased urgency, build guiding team, communication for buy in, empower action, short term goals, make change stick are very much required to successfully overcome the issues related to the transformational changes in a business organization. 
What is the diffusion of innovation theory and why might a manager implementing an innovation be particularly interested in this theory?
The diffusion of Every project manager implements the diffusion of innovation theory whenever they want to bring any new product in their market (Fredendall and Hill 2016). The rate of diffusion is very important is very important as the market conditions keeps on changing with time.
What is Total Quality Management?   
The total quality management is defined as the management approach which is needed in a long term plan of every business organisation (Ghosh and Shah 2015). Products and services of a business organization can be successfully measured with the help of the total quality management. Work culture of a business organization can also be significantly used with the help of total quality management.
What is the purpose of the ISO 9000 Standards for Quality Management and what standards are included?
The purpose of the ISO 9000 Standards for Quality Management is to enhance the effectiveness of the working organization. The products and services of a business organization can be significantly improved with the help of this international standard of quality management (Delzenne and Mulli 2018). The standards focus on customer focus, leadership qualities, engagement of people, improvement, process approach, relationship management, business decisions. 
Provide a short definition of risk as identified in the Australia/New Zealand Standard for Risk Management (AS/NZS ISO 31000:2009).
Risk is defined as the effective of uncertainty on objectives as per the Australia/New Zealand Standard for Risk Management.
Briefly define risk management?
Risk management is defined as the type of management which is required for the identification, prioritization and evaluation of the probable risks associated with a business organization.
List at least 5 benefits of risk management?
The different advantages of risk management are as followings:

Improvement of resource deployment.
Reduction of performance variability.
Reduction of negative surprises.
Increment of range of opportunities.
Management of risk entity wide.

Identify three examples of potential impacts of risk?
The potential impacts of risk are as followings:

Health and safety: Estimation of casualties.
Sustainability: Estimation of potential damage.
Time: Estimation of time as a resource in a project.

What are the steps for analysing risks?
The different steps for analysing the risks are as followings

Establishment of the context of the project.
Risk identification.
Management of the potential risks.
Estimation of the likelihood.
Identification of the risk mitigation steps.
Record the finds and plan the implementation of the risk assessments.

List three sources of information that you could use to gather information on potential risks. 
The information of the potentials risks can be gathered with the help of the Delphi technique, Monte Carlo analysis and decision tree
List and explain the five options for controlling risk 



Identification of the likelihood of the risks

The possibilities of the future risks are associated with the projects should be identified.

Degree of risks

Effectiveness of the risks associated to measure its impact.


Knowledge about the risk is important for the development of the risk mitigation steps.

Evaluation of risks

The possible factors which are required for the elimination of the risks should also be identified in the first place.

Financial measures

The cost of elimination of the risks should not be burden for the organizations.

 Identify and list five ways in which an organisation can minimise risk.

The 5 ways by which risks can be minimized are as followings:
Application of insurance schemes for all living and nonliving assets of a business organization.
Application of the contractual clauses between all the stakeholders of a business organization.
Management of the finance which are used in the project.
Creation of separate and unique identities of each stakeholder of the project.
Effective risk mitigation strategies which will be actually useful in the adverse weather conditions.

What are three examples of tools or techniques that could be used to identify risks as part of a risk assessment process?
Identification of the risks can be successfully achieved with the help of the brain storming process, root cause analysis and SWOT analysis.

Supply chain

Value chain

Concept by Michael Porter

Concept by Keith Oliver

It involves the integration of all the activities of a project in a business organization as well as logistics and conversion of the product.

It involves a series of activities and helps in adding values to the services and products used by the organization ( Singh and Singh 2016).

The sequence of supply chain management is Product Request – Supply Chain – Customer

The sequence of value chain is Customer Request – Value Chain – Product

The objective of supply chain is customer satisfaction.

The objective of value chain is giving competitive advantage.

 Discuss the difference between a supply chain and a value chain. Provide an example to illustrate your answer.
Table 1: Difference between a supply chain and a value chain
Created by the author
Christopher, M., 2016. Logistics & supply chain management. Pearson UK.
Delzenne, N.M. and Mullin, G.E., 2018. Benefits and risk management of functional foods in the context of chronic diseases.
Fredendall, L.D. and Hill, E., 2016. Basics of supply chain management. CRC Press.
Ghosh, D. and Shah, J., 2015. Supply chain analysis under green sensitive consumer demand and cost sharing contract. International Journal of Production Economics, 164, pp.319-329.
McGowan, M. and Reid, B., 2018. Using the Plan, Do, Study, Act cycle to enhance a patient feedback system for older adults. British Journal of Nursing, 27(16), pp.936-941.
McNeil, A.J., Frey, R. and Embrechts, P., 2015. Quantitative Risk Management: Concepts, Techniques and Tools-revised edition. Princeton university press.
Sallis, E., 2014. Total quality management in education. Routledge.
Salman, Y. and Broten, N., 2017. Leading Change. Macat Library.
Singh, J. and Singh, H., 2016. Evaluation of Kaizen Technique Across Manufacturing Unit–A Case Study. Productivity, 57(1).

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.


Yes, alert me for offers and important updates


Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 6 pages


*The content must not be available online or in our existing Database to qualify as

Cite This Work
To export a reference to this article please select a referencing stye below:


My Assignment Help. (2021). Manage Continuous Improvement And Innovation. Retrieved from https://myassignmenthelp.com/free-samples/bsbmgt608-manage-innovation-and-continuous-improvement/management-method.html.

“Manage Continuous Improvement And Innovation.” My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/bsbmgt608-manage-innovation-and-continuous-improvement/management-method.html.

My Assignment Help (2021) Manage Continuous Improvement And Innovation [Online]. Available from: https://myassignmenthelp.com/free-samples/bsbmgt608-manage-innovation-and-continuous-improvement/management-method.html[Accessed 18 December 2021].

My Assignment Help. ‘Manage Continuous Improvement And Innovation’ (My Assignment Help, 2021) accessed 18 December 2021.

My Assignment Help. Manage Continuous Improvement And Innovation [Internet]. My Assignment Help. 2021 [cited 18 December 2021]. Available from: https://myassignmenthelp.com/free-samples/bsbmgt608-manage-innovation-and-continuous-improvement/management-method.html.

.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}


Thank you for your interest
The respective sample has been mail to your register email id


$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1

Account created successfully!
We have sent login details on your registered email.



Myassignment help delivers top quality assignment with maximum insights and supporting evidence. The backbone of any research paper is the research paper outline template. It decides how the research information , ideas and concepts will be organised and delivered. Our research paper outline templates are unqiue, guiding the content of the entire research paper. Our research paper outline provides the rightmost points and directions for writing introduction, methods, results and discussion. It gives enough scope for inculcating all the relevant points from contenporary researches and covers 360 degree perimeter of the topic.

Latest Management Samples

div#loaddata .card img {max-width: 100%;

MPM755 Building Success In Commerce
Download :
0 | Pages :

Course Code: MPM755
University: Deakin University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…

SNM660 Evidence Based Practice
Download :
0 | Pages :

Course Code: SNM660
University: The University Of Sheffield

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration 

BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :

Course Code: BSBHRM513
University: Tafe NSW

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…

MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :

Course Code: MKT2031
University: University Of Northampton

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Turkey Istanbul Management University of Employee Masters in Business Administration 

MN506 System Management
Download :
0 | Pages :

Course Code: MN506
University: Melbourne Institute Of Technology

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology 


Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

11174 Introduction To Management

Free Samples 11174 Introduction To Management .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} 11174 Introduction

Read More »