How is the technology currently being used in today’s products and services?

Analyze your company’s capability to pursue the innovation.

Complete a partial gap analysis (2 slides):

Does your company own the technology, or does it need to be purchased?

How is the technology currently being used in today’s products and services?

What type of technology is available to purchase?

Recommend the innovation approach your company should pursue.

Innovation approach (2 slides): Explain which innovation approach you are recommending and why.

Consider the different stakeholders—research and development (R&D), marketing, finance—when communicating your recommendations.