INNOVATION MANAGEMENT - 2024/5

Module Overview

Innovation Management is about fostering strategies of growth in large organisations. 

In this module, we examine the forces of Innovation and how they can be harnessed through a sound understanding of theory and the application to a range of case studies to see how theory works in practice.  In turn, students are expected to develop a critical understanding for key concepts, tools and models and how they can be applied for decision-making in a real world context.

For assessment, students work in groups to develop presentations about a range of Key Innovation Topics.   Building on this learning, students then develop individual Innovation Reports where they evaluate the Innovation Management for a designated company and make recommendations about how they can improve to support strategies of growth

Module provider

Surrey Business School

Module Leader

SEARS Jim (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

Module cap (Maximum number of students): N/A

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative module content includes:

• Innovation Management


• Organisational Architecture


• Corporate Entrepreneurship


• Learning Organisation


• Digital Transformation

Assessment pattern

Alternative Assessment

The group project will be prepared individually as a video presentation.

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding of key topics related to Innovation Management and then to apply them in a business context.

Thus, the summative assessment for this module consists of:

• Group Video Presentation (addresses learning outcomes 1,3, and 5)


• Individual Innovation Report (addresses learning outcomes 2, 4, 5)

Formative assessment

Students will receive individual and group feedback during the module from teaching staff which they are expected to use to improve their work in subsequent assignment;

Feedback

Students will receive feedback verbally in class while they will also receive written feedback for assignments which can be used to inform further summative assessments.

Module aims

• Evaluate the various definitions of innovation and theories of innovation management
  
• Evaluate the factors affecting the development of innovation and strategies of growth in large companies
  
• Analyse and evaluate innovation management through the organisational architecture of a company
  
• Critically assess, explore and evaluate the types of support that can stimulate strategies of growth in larger organisations
  using case studies
  

Learning outcomes

Methods of Teaching / Learning

The teaching and learning strategy is designed to benefit passive as well as active learners. Apart from catering for the needs of both types of learner, and, therefore, providing a teaching and learning strategy that is fairer and does not disadvantage either group, it is intended to promote sound understanding of theory and how it may be applied in practice. Whilst, in Honey and Mumford’s terms, the pragmatist and activist learners are given the opportunity to experience the  theorist and reflector learning styles, the theorists and reflectors are able to learn by doing, thereby helping develop in them the attributes of the activist and pragmatist. This is seen as important in a programme that is intended to educate students “for” entrepreneurship rather than simply educating them “about” it. Hence it carries more weight in the assessment process.

The teaching and learning methods include 

• interactive lectures


• guest lectures (role models and subject matter experts)


• case analyses • group projects • presentations


• SurreyLearn


• support materials


• reading


• Individual and Group work

In addition the module teaching team are accessible throughout the semester to address and clarify questions. Office hours will be provided. Feedback given will be oral and written on an individual basis and summative.

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MANM442

Other information

The module supports development of 5 pillars for learning as follows:

Employability – students develop key business skills related to decision-making which they can apply in a range of different business contexts.  This is assessed in both group and individual assignments.

Global and Cultural Capabilities – students will develop their ability to work in groups effectively with other students from diverse backgrounds to develop their cultural intelligence, broaden their world view, own perspectives and interpretations and reinterpret issues against a broader spectrum of ideas and representations.  This is assessed in the group assignments.

Resourcefulness and Resilience – students work on projects where they are expected to respond to challenges to find solutions which require creativity and an ability to adapt based on the business context.  This is assessed in both group and individual assignments.

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2024/5 academic year.