MNM3STIN-Strategic Innovation

Module Provider: International Business and Strategy
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Autumn / Spring / Summer module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2022/3

Module Convenor: Prof James Walker
Email: j.t.walker@henley.ac.uk

Type of module:

Summary module description:

The Strategic Innovation module is designed for practising managers.

Aims:

The Strategic Innovation module is designed for practising managers to enable them to:

• develop an understanding of current thinking and approaches to strategic innovation and its management

• apply concept, principles and strategic thinking to the analysis of their organization’s innovation capability

• demonstrate competence in identifying the relevant issues and developing managerial insight through judicious application of appropriate tools of analysis

• on the basis of the analysis of their organization’s innovation capability identify and evaluate suitable interventions aimed at improving the organization’s innovation capability.

Assessable learning outcomes:

On completion of the module, program members should be able to:

• understand and apply the basic principles of strategic innovation in a competitive context

• demonstrate a high level of ability and skill applying basic concepts and analysis to a real business-relevant innovation challenge in their own organization

• identify, evaluate and propose appropriate interventions for improving the innovation performance of their organization; reflect critically on the implications of their proposed intervention for the organization



These outcomes will be achieved through acquiring high levels of knowledge and understanding, cognitive and intellectual skills. They will help programme members to develop and demonstrate personal and team competence and behaviours expected at senior executive level within an organisation.

Additional outcomes:

Outline content:

The Strategic Innovation elective module provides current thinking in the area of innovation and its strategic management in business organizations. The basic premise underpinning this elective is that innovation is an increasingly important strategic vehicle for creation and delivery of a unique, superior and thereby differentiated value offering to multiple potential stakeholders. It thereby derives its strategic mandate. The elective content provides current management thinking on innovation in a strategic context, including key concepts, frameworks of analysis and diagnostics. The assessed assignment provides program members with the opportunity to apply the learning derived from this elective to a real innovation challenge within their organizations.

Brief description of teaching and learning methods:

The delivery of this elective module is through on-line delivery only; learning is based on self-study. Key module content is provided online in the Henley e-learning space.

Contact hours:

	Autumn	Spring	Summer
Guided independent study:			100
Total hours by term			100
Total hours for module	100

Summative Assessment Methods:

Method	Percentage
Written assignment including essay	100

Summative assessment- Examinations:
N/A

Summative assessment- Coursework and in-class tests:

A written project of 3,500 words.

Formative assessment methods:

Penalties for late submission:

These are in accordance with the mode of study arrangements laid out in the Programme Specifications.

Assessment requirements for a pass:
50%

Reassessment arrangements:

Reassessment by 100% assignment (capped at 50%); deadline to be advised by the Examinations Manager following the relevant Programme Examiners’ Meeting.

Additional Costs (specified where applicable):

Last updated: 22 September 2022