2024/25 Undergraduate Module Catalogue

LUBS2065 Managing Innovation in Business

10 creditsClass Size: 200

Module manager: Melissa Schuessler
Email: m.c.schuessler@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2024/25

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 and 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 analyse concepts and theories relating to innovation
- Identify and analyse the current practices and management of innovation
- Critically evaluate 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 group discussions and interactions

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

Syllabus

The general outline of topics include:

Workshops
Introduction to the module and Creativity
What is innovation?
The Innovation Context
Developing an Innovation Strategy
The Types of Innovation & Innovation Space
Creativity for Innovation
New Product Development Models
Open Innovation
Social Innovation and Co-Production of New Services


Supported by 1 additional evening guest industry speakers/panel debate.

Teaching methods

Delivery type	Number	Length hours	Student hours
Workshop	5	1.00	5.00
Lecture	10	1.00	10.00
Private study hours			85.00
Total Contact hours			15.00
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

Students will receive feedback through the seminar activities, office hours, feedback of group and individual work.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Project	Individual Project - 2,500 words maximum	100.00
Total percentage (Assessment Coursework)		100.00

The resit for this module will be 100% by 2,500 word assignment.

Reading list

The reading list is available from the Library website

Last updated: 19/11/2024

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