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:
- analyse the current working practices within the organisation
- research and identify possible innovations of working methods, services or products
- collate information to support the innovation with your own ideas
- evaluate your ideas against the agreed criteria and organisational aims and objectives
- identify the costs and benefits of your ideas and analyse their impact on working methods, services or products
- carry out a risk analysis of your ideas
- assess own ideas' competitiveness
- question your own ideas and assumptions to develop concepts and propositions
- evaluate the potential of your ideas with colleagues and team members, identifying the required improvements
- communicate and promote your ideas to colleagues and team members
- develop a formal proposal to influence the stakeholders and decision-makers
- collate the feedback and review your ideas and working practices
- improve your ideas and working practices from lessons learned
Knowledge and Understanding
You need to know and understand:
- the current working practices within the organisation
- the range of working methods, services or products at your organisation
- how to research possible improvements to support the innovation
- the value of innovation and new solutions to the current issues
- how to evaluate ideas, including cost, benefit and impact analysis
- the methods of carrying out the risk analysis
- how to assess the competitiveness of your ideas
- how to question your ideas and assumptions to develop concepts and propositions
- the relevant methods of evaluation of your ideas and how to implement improvements
- how to communicate and promote your ideas and working practices
- how to develop and document proposals
- how to collate feedback to review your ideas and working practices
- the value of reflection based on lessons learned
Scope/range
Scope Performance
Scope Knowledge
Values
Behaviours
Skills
analysing
communicating
evaluating
negotiating
organising
persuading
planning
problem-solving
questioning
reviewing
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