Assignment:
Topic 1: Product Design
1. List and describe briefly the elements of Product Design. Select one and apply it to a product you would like to see created in the marketplace.
Topic 2: Service Design
1. List and describe briefly the elements of Service Design. Consider a service industry and create a short service blueprint, a series of events that has at least 5 steps. Then describe each step with a short paragraph under each step.
Topic 3: VCA, RBV, and SWOT Analyses
1. Discuss how you can use VCA, RBV, and SWOT analyses to gain a stronger sense of what might be a firm's key building blocks are for a successful strategy.
2. Choose a Fortune 1000 company to demonstrate these aforementioned analyses.
3. Please remember to use APA citation (text and list references) to further validate your initial responses. Take time to review the responses of your classmates and provide your feedback.
Topic 4:
1. The concept of best practices is simple: Do not recreate the wheel.
2. For this Discussion, please research and find an article relating to best practices that you find truly interesting. Find a company or situation that created a best practice that others follow, or find a best practice that was implemented and proved effective, efficient, and innovative.
Answer the following questions relating to the article and your own experience with best practices:
1. Please describe the background for the article you researched and explain why this particular best practice scenario appealed to you. What did you learn from the situation that you could apply to your own life?
2. Best practices are for not only our professional lives, but our personal lives as well. Please describe a situation in your life that needed some type of improvement and, after observing someone else in a similar situation handle things differently, how you decided to implement your own best practice. Is this best practice still effective, or have you improved it?