MMM162: Innovation Management

Module code: MMM162

Module provider: Leadership, Organisations and Behaviour; Henley Business School

Credits: 20

Level: Postgraduate Masters

When you'll be taught: Semester 1

Module convenor: Dr Anlan Chen, email: a.chen@henley.ac.uk

Pre-requisite module(s):

Co-requisite module(s):

Pre-requisite or Co-requisite module(s):

Module(s) excluded:

Placement information: NA

Academic year: 2024/5

Available to visiting students: No

Talis reading list: No

Last updated: 28 May 2024

Overview

Module aims and purpose

This module aims to provide students with an in-depth understanding of the distinctive features of management of innovation in a range of organisations. Students will experience the analysis of an existing innovation process and the conceptual design of a future innovation direction. This provides a foundation for their innovation contributions in future employment.
 
This module is relevant for all innovative and entrepreneurial organisations, including start-ups, SMEs and large firms. The focus is on internal and open innovation based upon existing systems and knowledge and the import of knowledge through business ecosystems. It intends to demonstrate how innovation can be a managed business process. 

Module learning outcomes

By the end of the module, it is expected that students will be able to: 

1. Demonstrate an in-depth knowledge of innovation process and how different organisations deploy different innovation strategies. 
2. Be adept at analysis of a current innovation strategy and have confidence to conceptually design a future innovation strategy for the chosen case company. 
3. Work both independently and in groups, leading to the development of time-management and team working skills. 
4. Organise materials and articulate arguments effectively in writing, both under timed conditions and in assessed coursework assignments.

Module content

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

Structure

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 analysis on existing innovation strategies and processes.

Study hours

At least 24 hours of scheduled teaching and learning activities will be delivered in person, with the remaining hours for scheduled and self-scheduled teaching and learning activities delivered either in person or online. You will receive further details about how these hours will be delivered before the start of the module.

Please note the independent study hours above are notional numbers of hours; each student will approach studying in different ways. We would advise you to reflect on your learning and the number of hours you are allocating to these tasks.

Semester 1 The hours in this column may include hours during the Christmas holiday period.

Semester 2 The hours in this column may include hours during the Easter holiday period.

Summer The hours in this column will take place during the summer holidays and may be at the start and/or end of the module.

Assessment

Requirements for a pass

Students need to achieve an overall module mark of 50% to pass this module.

Summative assessment

Penalties for late submission of summative assessment

The Support Centres will apply the following penalties for work submitted late:

Assessments with numerical marks

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of three working days;
• the mark awarded due to the imposition of the penalty shall not fall below the threshold pass mark, namely 40% in the case of modules at Levels 4-6 (i.e. undergraduate modules for Parts 1-3) and 50% in the case of Level 7 modules offered as part of an Integrated Masters or taught postgraduate degree programme;
• where the piece of work is awarded a mark below the threshold pass mark prior to any penalty being imposed, and is submitted up to three working days after the original deadline (or any formally agreed extension to the deadline), no penalty shall be imposed;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

Assessments marked Pass/Fail

• where the piece of work is submitted within three working days of the deadline (or any formally agreed extension of the deadline): no penalty will be applied;
• where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension of the deadline): a grade of Fail will be awarded.

The University policy statement on penalties for late submission can be found at: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/qap/penaltiesforlatesubmission.pdf

You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Formative assessment

Formative assessment is any task or activity which creates feedback (or feedforward) for you about your learning, but which does not contribute towards your overall module mark.

In-class presentation practice

Reassessment

Additional costs