Assessment task You are required to write a 1000 word report to the board of a business of your choice. Your innovation report must: Select a business impacted by the advances of Blockchain technology as described in the journal paper by Iansiti and Lakhani (2017). Assess the impact of the Blockchain technology trend on your selected business. Use the business model canvas by Osterwalder and Pigneur (2010) to support your analysis and argumentation. Assessment references Carson, B., Giulio Romanelli, Walsh, P., & Zhumaev, A. (2018). Blockchain beyond the hype: What is the strategic business value? McKinsey & Company. Gagliordi, N. (2019). IBM, Walmart to pilot blockchain network for prescription drug traceability. ZD Net. Higginson, M., Hilal, A., & Yugac, E. (2019). Blockchain and retail banking: Making the connection. McKinsey & Company. Iansiti, M., & Lakhani, K. R. (2017). The truth about blockchain. Harvard Business Review, 95(1), 118-127. Li, C. (2019). Maersk – Reinventing the shipping industry using IoT and blockchain. Digital Initiative. Osterwalder, A., & Pigneur, Y. (2010). Business Model Generation. Hoboken, New Jersey: Wiley. Assessment criteria Your report will be assessed according to the following criteria. Your report must demonstrate: Thorough understanding of relevant innovation and business development concepts, principles, theories, tools and models in regard to the assessment tasks. 60% Appropriate and well structured, concise and clear expression of innovation and business development arguments. 10% Clear flow of thought throughout the report with a clear and succinct purpose described in the introduction and a clear and succinct conclusion. 10% Critical review skills and integration of relevant academic and profession literature. A minimum of four (4) academic journals must be used. 10% Appropriate in text referencing and reference list. Adherence to CQUniversity APA Reference Style. 5% Clarity of expression, grammar and spelling. Appropriate report format within (±10%) of the word limit: 1000 words (from start of introduction to end of conclusion). 5%
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