This class exists in these courses :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS
• IÉSEG > IESEG Degree - Programme Grande École > Semester 2 > 2,00 ECTS

Prerequisites

The course aims to equip students with an understanding of the main issues in the management of innovation and an appreciation of the relevant skills needed to manage
innovation at both strategic and operational levels. An interest in innovation and ICT would be useful. Students will get to enhance their critical thinking and verbal skills through class and syndicate discussions. An entrepreneurial aspect is also incorporated into the course. Students will be required to come up with a unique idea for an ICT product or an Internet based business, and develop the business plan for their idea.

Learning outcomes

At the end of the course, the students should be able to:
1. Understand how innovation happens in organisations and what management can do to facilitate it
2. Diagnose different innovation challenges and make recommendations for resolving them
3. Analyse the usefulness of social media technologies in delivering open innovation
4. Prepare a business plan for an Internet based business

Course description

For almost all organisations, continuous innovation is the key to long term sustainability and success. Thus, the purpose of this course is to examine how innovation happens in organisations. Specific attention will also be given to understanding how ICT systems can be used to both create and support innovation activities. Focusing on the components of innovation success – ideation, idea selection, collaboration, portfolio and project management, ambidexterity etc. – the course will present and critique numerous case studies detailing how management can bolster innovation and what ICT can play. In some cases, ICT can stifle innovation and these will be debated also. Emerging innovation management concepts such as ‘open innovation’ and ‘service innovation’ will be assessed along with the potential for social media technologies within these paradigms.

Course Outline
1. What is Continuous Innovation?
2. Managing Radical Innovations
3. The Knowledge Lifecycle
4. ICT and Innovation
5. Open Innovation

Class type

Class structure

Teaching methods

• Case study
• Interactive class
• Presentation
• Research

Assessment

Recommended reading

• a set of articles will be posted on the course website around one week prior to the beginning of the course -

Internet resources

• IESEG Online