Section outline

  • Innovation - continued 

    Kia ora everyone

    This week we will continue exploring business innovations all over the world and discuss how enterprising people use their creativity and turn their ideas into a reality.    

    Learning Intentions: We are learning 

    how people sought economic and social wealth growth through business, enterprise, and innovation


    Success Criteria: I can 

         Analyse a business and identify the key features of that business 


    Motivation 

    A great quiz by the Asia New Zealand Foundation about the different

    Asian inventions, eg, why was the umbrella invented (10

    questions).

    https://www.asianz.org.nz/quiz/asian-inventions/

    Activities:

    Read through the following three  innovative businesses 

    1. A great initiative from a woman who has taken upon herself to recycle old pool toys into bags. 

    https://thespinoff.co.nz/business/20-01-2020/meet-the-woman-

    turning-your-old-pool-toys-into-bags/

    2. No checkouts, no cash needed – the new Amazon Go stores

    calculate all that you buy via face recognition and then charge the

    amount to your credit card when you walk out the door. Watch the

    4min YouTube video at

    3.“Tinners” a product for gamers on Christmas Day when they do not

    want to leave their gaming to have a Christmas dinner – instead it comes in a tin https://www.nzherald.co.nz/index.cfm?objectid=12292389&ref=twitter

    4. All Heart NZ won a “NZI Sustainable Business Network Award” for  setting up a social enterprise to reuse and recycle corporate waste.

    https://thespinoff.co.nz/partner/nzi-sbn-awards/15-11-2018/outsourcing-ethics-how-all-heart-nz-is-helping-businesses-go-sustainable/


    Analyse how each business 

    1. Developed their innovative  ideas. What was the innovation?  Who was/were involved? What needs were met?  What issues were addressed? 

    2. Turned the idea into action. What resources did they need? What steps did they take to start their business/enterprise?  What were the challenges? How did they deal with the challenges?  

    3. Made an impact on the economy,  environment, people and the community.   What was the outcome of the business? Was it financially independent and sustainable? 

    You can use your selected graphic organiser to answer all the questions.