Innovation and Risk Management

Order Description

1. Identify the difference between invention and innovation and how innovation can be successfully implemented to achieve growth in the energy industry 2. Demonstrate a critical awareness of the different models of innovation and how they apply to the oil and gas industry case studies 3. Evaluate the role of systematic risk management in the successful implementation of innovation

Critically analyse and apply the Pinwheel risk management action framework to an Oil & Gas organisation of your choice demonstrating how the chosen organisation has applied this framework to successfully drive innovation. LO3

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