This assignment is designed to get you to think more deeply about Part 3 of how you might solve the overall management challenge and why your chosen approach could be the “best way.” Your goal in A1 (Part 1) was to analyse what the FFCRC does as an R&D organisation, and the goal of A2 (Part 2) was to analyse a particular energy product created by Engie Energy Resources (listed below). In A3 (Part 3), you will bring what you have learned in A1 and A2 together to design a business model / roadmap for FFCRC to present to Engie Energy Resources about how they could work together to commercialise that product for three business sectors.
Overall management challenge: The FFCRC, as an R&D organization, helps energy businesses design solutions to technical & management problems. In this instance, the FFCRC is trying to help Engie Energy Resources design a business plan (roadmap) to commercialise the technical products they have created at the REIDS-SPORE Demonstration project.
Your group will be required to demonstrate a thorough understanding of the relevant theory and application of that theory in a way that creates a business report that the partner organization can act upon. You will also be required to create and present a 6-minute video of your findings.
The group report:
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