MANAGING INNOVATION IN ORGANIZATIONS

MGT5MIO

2018

Credit points: 15

Subject outline

Innovation is the key to gaining and maintaining a competitive advantage in the business world. This unit provides a systematic approach to the strategies and processes that underlie successful innovation in goods and services. Using the latest research on the process and practice of innovation, underpinned by an extensive use of site visits to local organizations and the use of case study material, we focus on market, organizational and technological issues in innovation management.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorAlex Maritz

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions For Masters of Management, Masters of Management (Entrepreneurship and Innovation), Masters of Management (Human Resource Management) Masters of Management (Sport Management) and Masters of International Business students.

Graduate capabilities & intended learning outcomes

01. Reflect on radical, continuous and discontinuous innovation in the current global environment.

Activities:
Case based seminar and team exercises on models of innovations and on capturing the benefits of innovation and learnings from innovation.
Related graduate capabilities and elements:
Personal and Professional Skills

02. Analyse and evaluate innovation within organisations, from the perspective of open innovation, innovation as a competitive advantage, innovation models and strategies, and innovation scope.

Activities:
Case seminar , team exercises and final assignment dealing with all the changing landscape of innovation, optimising collaboration, obstacles on a corporate and personal level, the forms and pervasiveness of open innovation
Related graduate capabilities and elements:
Literacies and Communication Skills

03. Create an innovation action plan for an existing organization relevant to their specific attributes and the broader market.

Activities:
Case based seminars and team and written exercises to explore the impact of innovation on corporate performance: product or service innovation, process innovation, position innovation including changes in the context in which the products/services are introduced to examine Developing an innovation strategy, sources of innovation and innovation networks. Decision making under uncertainty.
Related graduate capabilities and elements:
Literacies and Communication Skills

04. Initiate effective teamwork skills for collaboration and problem solving.

Activities:
Case based seminars and presentation approach to building the innovation case, to creating new products and services and to guide the exploitation of new ventures. Team exercises to enhance collaboration and teamwork skills.
Related graduate capabilities and elements:
Literacies and Communication Skills
Personal and Professional Skills

Subject options

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Start date between: and    Key dates

City Campus, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAlex Maritz

Class requirements

WorkShop Week: 10 - 22
One 2.0 hours workshop per week on any day including weekend at night from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
1,500-word individual assignment35 01, 02
2,500-word innovation management strategy/plan40 01, 02, 03
group presentation (10 min per student)word equivalency: 500 words per student incl. preparation25 01, 02, 04

Online, 2018, Online StudyPeriod 1, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAlex Maritz

Class requirements

Unscheduled Online Class Week: 02 - 08
One 6.0 hours unscheduled online class per week on any day including weekend during the day from week 02 to week 08 and delivered via online.

Assessments

Assessment elementComments% ILO*
1,500-word individual assignment35 01, 02
2,500-word innovation management strategy/plan40 01, 02, 03
group presentation (10 min per student)word equivalency: 500 words per student incl. preparation25 01, 02, 04

Online, 2018, Online StudyPeriod 3, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAlex Maritz

Class requirements

Unscheduled Online Class Week: 18 - 24
One 6.0 hours unscheduled online class per week on any day including weekend during the day from week 18 to week 24 and delivered via online.

Assessments

Assessment elementComments% ILO*
1,500-word individual assignment35 01, 02
2,500-word innovation management strategy/plan40 01, 02, 03
group presentation (10 min per student)word equivalency: 500 words per student incl. preparation25 01, 02, 04

Online, 2018, Online StudyPeriod 5, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAlex Maritz

Class requirements

Unscheduled Online Class Week: 36 - 42
One 6.0 hours unscheduled online class per week on any day including weekend during the day from week 36 to week 42 and delivered via online.

Assessments

Assessment elementComments% ILO*
1,500-word individual assignment35 01, 02
2,500-word innovation management strategy/plan40 01, 02, 03
group presentation (10 min per student)word equivalency: 500 words per student incl. preparation25 01, 02, 04