MPM712 - Managing Innovation
Unit details
Year: | 2020 unit information |
---|---|
Important Update: | Classes and seminars in Trimester 2, 2020 will be online. Last updated: 2 June 2020 |
Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 2: Heather Round |
Prerequisite: | Nil |
Corequisite: | Nil |
Incompatible with: | MPT712 |
Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
Scheduled learning activities - campus: | 1 x 3 hour seminar per week |
Scheduled learning activities - cloud: | 1 x 3 hour class per week (recordings provided) |
Content
This unit focuses on the notion of 'intrapreneurship' and the processes by which innovative ideas are turned into commercial advantage. Innovation can occur in products/services, processes and systems, business models, or in business operations. Hence, the unit focuses on the innovation process itself, management strategies that foster innovation, and how innovation models and theory can be applied to each of these areas, resulting in sustainable competitive advantage. Topics to be addressed in this unit include: mental models of the management process; models of appropriate control; quality assurance; improving performance; innovation strategies; and leading people in an environment of innovation.
| These are the Learning Outcomes (ULO) for this Unit |
|
ULO1 | Summarise and explain the key concepts of innovation management within diverse contexts. | GLO1: Discipline-specific knowledge and capabilities GLO8: Global citizenship |
ULO2 | Identify and define the key drivers of and future challenges to innovation within organisations | GLO1: Discipline-specific knowledge and capabilities |
ULO3 | Appraise and assess key innovation models and select the one most appropriate to your work based context | GLO2: Communication |
ULO4 | Reflect on own innovation related skills and how best to apply and further develop these skills | GLO6: Self-management |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
Assessment 1a - (Group of 4) Report (Business) | 3500 words | 40% | Week 5 |
Assessment 1b (Individual) Video recording | 5 minutes | 10% | Week 6 |
Assessment 2 (Individual) Online Portfolio- 10 entries | 1000 words in total | 10% | Week 11 |
Assessment 3 (Individual) - Report (Research) | 3500 words | 40% | Week 11 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MPM712 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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