1. Understand the nature of innovation and its role in various types of organisations today based on students’ ability, developed during the module, to apply major theories in the management of innovation for these two objectives.

This paper explores the primary theme of managing innovation within organisations. You are required to make a report that carries the in-depth analysis of an innovative organisation. Moreover, you have to delve deeper at the following aspects:

• Concept of innovation

• The factors why innovation is critical for organisations

• The strategies followed by organisations to develop innovative activities

• How innovations are employed with the aim of growing business

• Application of major theories in the management of innovation

• Key components of innovation process

• The tools and techniques to create and foster innovations within an organisation

Instructions 

Module Title:

Managing Innovation

Brief introduction to module:

Innovation is critical for the survival and growth of all organisations. In this module, you are offered an opportunity to explore how various forms of contemporary organisations are able to develop and manage their innovation activities. The module examines what is meant by innovation, why innovation is critical for organisations, and how innovation activities are developed and employed in contemporary organisations as a means of driving and shaping their business.

Throughout the module, seminars will involve critical analysis of real-life cases to address a range of innovation problems. In this way, you will develop commercial awareness and recognise drivers for innovation success. You will also have the opportunity to work with others and communicate your views. Formative assessment of these seminar cases will help in preparing the final assessment task.

The module is assessed (100%) by an individual report (maximum 3,000 words). involving an in-depth analysis of an innovative organisation. The subject of the report will be decided by the module convenor but you will be able to choose from a list of several examples. This will be briefed in Week 2 and submitted in Week 12 (to be confirmed).

 

 Module learning outcomes:

On successful completion of this module, you will be able to:

1.  Understand the nature of innovation and its role in various types of organisations today based on students’ ability, developed during the module, to apply major theories in the management of innovation for these two objectives.

2.  Understand the various components of the innovation process, the specific features of each component, and how the components may be combined in various types of organisations in order to build a platform for generating innovative outcomes.

  3. Identify the ways in which innovation can be encouraged in different types of organisations, and the tools and techniques used to create and foster innovation. 

Brief introduction to module: Innovation is critical for the survival and growth of all organisations. In this module, you are offered an opportunity to explore how various forms of contemporary organisations are able to develop and manage their innovation activities. The module examines what is meant by innovation, why innovation is critical for organisations, and how innovation activities are developed and employed in contemporary organisations as a means of driving and shaping their business. Throughout the module, seminars will involve critical analysis of real-life cases to address a range of innovation problems. In this way, you will develop commercial awareness and recognise drivers for innovation success. You will also have the opportunity to work with others and communicate your views. Formative assessment of these seminar cases will help in preparing the final assessment task. The module is assessed (100%) by an individual report (maximum 3,000 words). involving an in-depth analysis of an innovative organisation. The subject of the report will be decided by the module convenor but you will be able to choose from a list of several examples. This will be briefed in Week 2 and submitted in Week 12 (to be confirmed).

Module learning outcomes: On successful completion of this module, you will be able to: 1.  Understand the nature of innovation and its role in various types of organisations today based on students’ ability, developed during the module, to apply major theories in the management of innovation for these two objectives. 2.  Understand the various components of the innovation process, the specific features of each component, and how the components may be combined in various types of organisations in order to build a platform for generating innovative outcomes. 3.  Identify the ways in which innovation can be encouraged in different types of organisations, and the tools and techniques used to create and foster innovation.