MMM162-Innovation Management

Module Provider: Leadership, Organisations and Behaviour
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2022/3

Module Convenor: Dr Anlan Chen
Email: a.chen@henley.ac.uk

Type of module:

Summary module description:

Please note that this module is still in development as it will be introduced for the first time in 2022/23.

This module is relevant for all innovative and entrepreneurial organisations. The focus here is on internal and open innovation based upon existing systems and knowledge and the import of knowledge through eco-systems. It intends to demonstrate how innovation can be a managed process. It is therefore slightly different to modules where the emphasis is upon entrepreneurial opportunities being spotted and acted upon in the external environment.

Managing Innovation is not a simple process. If done successfully it can lead to new products and services, new ways of serving existing markets, or new ways of producing products and services. It can result in new ways of configuring how organisations make money; the business model. This module therefore elicits insights from leading experts like Drucker, Christensen, Tidd, Bessant, Pisano to provide a framework for students to analyse and develop innovation strategies across different case study companies, looking at technological innovation, open and eco-system innovation and the role of employees enhancing existing systems and processes.

Students will select from a small list of companies to create a case study to analyse how these organisations manage innovation and then progress to a strategy for enhanced ways of managing 

Aims:

This module aims to provide students with an in-depth understanding of the distinctive features of management of innovation in a range of organisations.  

Assessable learning outcomes:

Students should demonstrate an in-depth knowledge of innovation methods and how different organisations deploy different innovation strategies. In devising their own preferred strategy students will experience the conceptual design that will need to be approved by stakeholders and as such provides a foundation for their own innovation contributions in future employment.

Intended learning outcomes: 

Be adept at analysis of a current Innovation strategy and having confidence to conceptually design of a future innovation strategy for the chosen case company.

Additional outcomes:

Students will have to work both independently, and in groups, leading to the development of time-management and team working skills. They should be able to organise material and articulate arguments effectively in writing, both under timed conditions and in assessed coursework assignments.

Outline content:

The module discusses the concept of innovation and its relationship to enhanced organisational performance and entrepreneurship. Innovation concepts will include new product and service development, process innovation, business model innovation and inter organisational innovation, or open innovation.

Brief description of teaching and learning methods:

The module consists of lectures (10x2) and seminars (2x2). The main topics of the syllabus are covered in the lectures. Students are encouraged to familiarise themselves with key readings and contribute to the lectures, sharing their ideas and relevant work experience.



Seminars enable students to work in groups and practice their presentation of their  analysis of existing innovation strategies.

Summative assessment- Examinations:

Task 1: Group presentation - analysis of an existing innovation strategy.

Submit week 29.

Maximum 5 in a group.

Individual

Task 2: Conceptual design of an Innovation Strategy based upon a selected case study (80%).

Submit in week 30+2

Summative assessment- Coursework and in-class tests:

Formative assessment methods:

Practice presentation based on the  Innovation case analysis (group work)

Penalties for late submission:

Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment requirements for a pass:

Reassessment arrangements:

Re-assessment is by individual project only.

Additional Costs (specified where applicable):

Module text book:

Managing Innovation: integrating technological, market, and organizational change. Tidd, J, and Bessant, J, 4th edition (2009), John Wiley and Sons, Chichester.

Last updated: 22 September 2022