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2016/17 Undergraduate Module Catalogue

LUBS2065 Managing Innovation in Business

10 creditsClass Size: 60

Module manager: Dr Richard Tunstall
Email: r.tunstall@leeds.ac.uk

Taught: Semester 2 View Timetable

Year running 2016/17

Module replaces

LUBS2030 Leadership in Business (at level 2)

This module is approved as a discovery module

Module summary

Organisations that successfully manage innovation consistently outperform their peers, both in terms of growth and financial performance. However, managing innovation is not easy and can disturb the stability of an enterprise. It requires skills, knowledge and attitudes that often don't conform to standard business procedures. 'Managing Innovation in Business' encompasses more than any one single aspect instead, looks at innovation as an integrated approach to dealing with organisational change. This module is about more than having good ideas; it's about managing new ideas, improving old ideas and understanding how to implement them successfully.This module is designed to be accessible for all students, regardless of subject discipline. It supports and encourages students to experiment with, and learn from, innovative action both generally and within their subject discipline.

Objectives

The module aims to provide the knowledge and skills to enable the student to demonstrate a comprehensive understanding of innovation, the current practices and management of innovation and apply their knowledge to current case studies and present evidence to support arguments for different models of change. In doing so, students will be able to demonstrate recognition and understanding of their own innovative skill set.

Learning outcomes
On completion of this module, students will be able to:
- Describe and explain concepts and theories relating to innovation
- Identify and analyse the current practices and management of innovation
- Recognise and outline what innovative skills are and discuss how these can be developed in relation to organisational culture
- Develop their own skills through experimenting with, and reflecting on, innovative practices both generally and within their subject discipline

Skills outcomes
Upon completion of this module students will be able to:
Transferable
- Develop an understanding of their and others’ personal skills and attributes
- Develop and exercise presentation and team working skills in the context of a group project

Subject specific
- Recognise and develop their own creativity and innovation skill set relevant to a business context


Syllabus

The general outline of the syllabus is:

Workshops
1. Introduction; a) Overview of Creativity & Innovation; b) Overview of Leadership & Management
2. Aspects of Innovation; Innovation - what is it & why does it matter?
3. Innovation as a business process; Models of innovation process, can we manage innovation? Successful innovation management
4. Group project; Preparation of case study assessment
5. Context of Innovation; Building the innovative organisation, developing innovative strategy
6. Sources of Innovation; Where does innovation come from? Innovation networks
7. Decision making under uncertainty; Challenges of uncertainty, decision making at the edge, spreading the risk
8. Group project presentation; Delivery of group assessment
9. Innovation Implementation; Creating new products and services, exploring new ventures
10. Capturing innovation; Benefits of innovation, creating value, learning from innovation, developing management capability
11. Reflections; Review of module and coursework requirements

Supported by 4 additional guest lectures.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Workshop102.0020.00
Class tests, exams and assessment12.002.00
Lecture41.004.00
Private study hours74.00
Total Contact hours26.00
Total hours (100hr per 10 credits)100.00

Private study

The module has a core text and a recommended supplementary edited book of readings. There will also be a reading list of contemporary journal articles.

Opportunities for Formative Feedback

Attendance will be expected at every workshop session, and non-attendance without good reason will be followed up. Progress issues will be addressed informally during the interactive workshop sessions.

Methods of assessment


Coursework
Assessment typeNotes% of formal assessment
EssayOpen innovation audit (1,800 words excluding references)70.00
PresentationGroup project30.00
Total percentage (Assessment Coursework)100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 14/02/2017

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