MANAGING INNOVATION IN ORGANIZATIONS

MGT5MIO

2021

Credit points: 15

Subject outline

Innovation is the key to gaining and maintaining a competitive advantage in the business world. This subject 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, you will focus on market, organizational and technological issues in innovation management.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorVanessa Ratten

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Available as ElectiveYes

Learning ActivitiesCase 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.

Capstone subjectYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyEnrolment accepted until quota reached

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

Intended Learning Outcomes

01. Reflect on radical, continuous and discontinuous innovation in the current global environment.
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.
03. Create an innovation action plan for an existing organization relevant to their specific attributes and the broader market.
04. Initiate effective teamwork skills for collaboration and problem solving.

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne (Bundoora), 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVanessa Ratten

Class requirements

WorkShopWeek: 10 - 22
One 2.00 h workshop per week on any day including weekend at night from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

1,500-word individual assignment

N/AAssignmentIndividualNo35 SILO1, SILO2

2,500-word innovation management strategy/plan

N/AOtherIndividualNo40 SILO1, SILO2, SILO3

Group presentation (10 min per student) Word equivalency: 500 words per student incl. preparation

N/AOral presentationGroupNo25 SILO1, SILO2, SILO4

City Campus, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment size60

Subject Instance Co-ordinatorVanessa Ratten

Class requirements

WorkShopWeek: 10 - 22
One 2.00 h 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 elementCommentsCategoryContributionHurdle% ILO*

1,500-word individual assignment

N/AAssignmentIndividualNo35 SILO1, SILO2

2,500-word innovation management strategy/plan

N/AOtherIndividualNo40 SILO1, SILO2, SILO3

Group presentation (10 min per student) Word equivalency: 500 words per student incl. preparation

N/AOral presentationGroupNo25 SILO1, SILO2, SILO4

Melbourne (Bundoora), 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVanessa Ratten

Class requirements

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on any day including weekend at night from week 30 to week 42 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

1,500-word individual assignment

N/AAssignmentIndividualNo35 SILO1, SILO2

2,500-word innovation management strategy/plan

N/AOtherIndividualNo40 SILO1, SILO2, SILO3

Group presentation (10 min per student) Word equivalency: 500 words per student incl. preparation

N/AOral presentationGroupNo25 SILO1, SILO2, SILO4

City Campus, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVanessa Ratten

Class requirements

WorkShopWeek: 30 - 42
One 2.00 h workshop per week on any day including weekend at night from week 30 to week 42 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

1,500-word individual assignment

N/AAssignmentIndividualNo35 SILO1, SILO2

2,500-word innovation management strategy/plan

N/AOtherIndividualNo40 SILO1, SILO2, SILO3

Group presentation (10 min per student) Word equivalency: 500 words per student incl. preparation

N/AOral presentationGroupNo25 SILO1, SILO2, SILO4

On-Line, 2021, LTU Term 3, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVanessa Ratten

Class requirements

Unscheduled Online ClassWeek: 18 - 23
One 6.00 h unscheduled online class per week on any day including weekend during the day from week 18 to week 23 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

1,500-word individual assignment

N/AAssignmentIndividualNo35 SILO1, SILO2

2,500-word innovation management strategy/plan

N/AOtherIndividualNo40 SILO1, SILO2, SILO3

Group presentation (10 min per student) Word equivalency: 500 words per student incl. preparation

N/AOral presentationGroupNo25 SILO1, SILO2, SILO4