Course Title: Management of Innovation
Part A: Course Overview
Course Title: Management of Innovation
Credit Points: 12
Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
BUSM1551 |
City Campus |
Postgraduate |
660H Grad School of Business |
Face-to-Face |
Sem 1 2006,
Spring2006, Sem 2 2007, Spring2009 |
Course Coordinator: Prof Peter Sheldrake
Course Coordinator Phone: +61 3 9925 5601
Course Coordinator Email:peter.sheldrake@rmit.edu.au
Pre-requisite Courses and Assumed Knowledge and Capabilities
This is an elective in the MBA(Executive) program. It will draw on learnings and skills from other MBA(E) courses, without requiring any specific pre-requisites.
Course Description
This subject is intended to fill a strategic need in the business education area - the development and implementation of innovative practices within existing businesses. This will enable you to learn and to think strategically and laterally about your business (or organisation) and how the organisation can become better at maintaining a culture of innovation. Analysis of cases from the current business scene will provide you with practice in identifying key strategic issues and also enable you to develop critical and analytical skills.
Objectives/Learning Outcomes/Capability Development
You can expect to improve your development in the following capabilities:
Strategic Planning ;
Risk Assessment ;
Communication Skills, including research gathering and analysis;
Commercial opportunity focus; and
Managing Change
After successfully competing this course, you will be able to:
• Develop an innovation strategy for an organisation
• Manage the innovation program for an organisation
• Understand the key issues in Innovation
• Understand the impact of technology on Innovation
• Understand business model innovation
• Understand the sources of innovative concepts
• Understand the contribution alliances can make to innovation
• Consider ethical business practice in relation to the management of innovation
• Understand how to manage a portfolio of innovations
Overview of Learning Activities
Classes will be lectures and tutorials.
Overview of Learning Resources
Some materials will be made available in class or via the Learning hub. Students are also expected to purchase the prescribed text.
Overview of Assessment
Individual Assignment 40%
Case Study Research Project 40%
Presentations 20%