Contribute to innovation in a business environment

URN: INSBA002
Business Sectors (Suites): Business and Administration
Developed by: Skills CFA
Approved on: 08 Feb 2021

Overview

This standard is about contributing to innovation in a business environment. It includes generating, developing and evaluating ideas for innovation in a business environment.  It also covers identifying and researching possible ways of improving working practices, products or services, evaluating the ideas and adapting them based on the feedback received.

It is for professionals in business administration roles who are involved in making contributions to innovation.


Performance criteria

You must be able to:

  1. analyse the current working practices within the organisation
  2. research and identify possible innovations of working methods, services or products
  3. collate information to support the innovation with your own ideas
  4. evaluate your ideas against the agreed criteria and organisational aims and objectives
  5. identify the costs and benefits of your ideas and analyse their impact on working methods, services or products
  6. carry out a risk analysis of your ideas
  7. assess own ideas' competitiveness
  8. question your own ideas and assumptions to develop concepts and propositions
  9. evaluate the potential of your ideas with colleagues and team members, identifying the required improvements
  10. communicate and promote your ideas to colleagues and team members
  11. develop a formal proposal to influence the stakeholders and decision-makers
  12. collate the feedback and review your ideas and working practices
  13. improve your ideas and working practices from lessons learned

Knowledge and Understanding

You need to know and understand:

  1. the current working practices within the organisation
  2. the range of working methods, services or products at your organisation
  3. how to research possible improvements to support the innovation
  4. the value of innovation and new solutions to the current issues
  5. how to evaluate ideas, including cost, benefit and impact analysis
  6. the methods of carrying out the risk analysis
  7. how to assess the competitiveness of your ideas
  8. how to question your ideas and assumptions to develop concepts and propositions
  9. the relevant methods of evaluation of your ideas and how to implement improvements
  10. how to communicate and promote your ideas and working practices
  11. how to develop and document proposals
  12. how to collate feedback to review your ideas and working practices
  13. the value of reflection based on lessons learned

Scope/range


Scope Performance


Scope Knowledge


Values


Behaviours


Skills

  1. analysing

  2. communicating

  3. evaluating

  4. negotiating

  5. organising

  6. persuading

  7. planning

  8. problem-solving

  9. questioning

  10. reviewing

  11. risk analysis


Glossary


Links To Other NOS


External Links


Version Number

1

Indicative Review Date

01 Mar 2026

Validity

Current

Status

Original

Originating Organisation

Instructus

Original URN

CFABAA112, CFABAA113

Relevant Occupations

Administration, Administration and Secretarial Occupations, Business, Business and Related Associate Professionals, Administration and Law

SOC Code

4159

Keywords

Business; administration; innovation