In the Field of Business Media
Search English language on-line business media* for an article that deals with a wicked problem OR mega trend in relation to business finance. Answer questions 1-4 in 400 words:
* English language on-line business media is any business media source in English that you found on line e.g., The Age newspaper, Smart Money, Entrepreneur.com, Marketing News….etc, etc..
- Cite the article citation using Harvard Reference
And Explain how you believe the media item relates to:
- A wicked problem or mega trend (see Source references below)
- In field of finance
- With the subject of Innovation and Entrepreneurship.
Use this video (https://www.youtube.com/watch?v=219YybX66MY) to answer the following questions 5-8 in 150 words:
- Complete a 4 box matrix for simple, complex, pseudo and wicked problems. In each cell, provide an example mentioned in the video of the problem type & the characteristics you used to determine that it was this problem type.
- Using the CSIRO definitions of megatrends, identify examples in the video that relate to each megatrend. (Hajkowicz, S. A., et al. (2012). Our Future World: Global Megatrends that will Change the Way We Live. The 2012 Revision. Melbourne, Australia, CSIRO).
- What implications, if any, are there for entrepreneurship & innovation emerging from this video?
8. What do the implications above mean for you as a young professional starting out in the world of work?
Source References
Chapter 6: The CEO as a Critical Thinker of “Wicked” Strategic Problems By: Oswald A. J. Mascarenhas
Mascarenhas, O (2009), Innovation as Defining and Resolving Wicked Problems
Martin, Roger (2007), The Opposable Mind: How successful leaders win through integrative thinging, Harvard Business School Press.
Rittel, H., & Webber, M. (1973). Dilemmas in a general theory of planning. Policy Sciences, 4 , 155–169.
Hajkowicz, S. A., et al. (2012). Our Future World: Global Megatrends that will Change the Way We Live. The 2012 Revision. Melbourne, Australia, CSIRO.
