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Managing Innovation (BUSA90495)
Graduate courseworkPoints: 6.25Not available in 2020
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
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Managing Innovation as a powerful and practical way to create value for individuals and organisations, but only if innovators are able to select and exploit the best new ideas.
Managing Innovation introduces the critical elements of designing and developing innovative products and services, how these can be configured, and how the results are managed. These elements include product /service development process design and improvement; the understanding and integration of customer needs; development strategy and project management; and the powerful challenge of designing and managing development networks.
Participants will learn from benchmarked companies some of the key dilemmas encountered in the process of managing innovation and will develop solutions that they can put into practice. They will create a plan to move their own skills forward and to create a more innovation-supportive structure and culture within their organisations and teams.
Intended learning outcomes
On successful completion of this program, students should be able to:
- Describe how innovation could benefit their team or business unit and the wider organisation
- Assess when and where innovation is needed and when other approaches would be more useful
- Identify organisational and individual innovation capabilities and barriers
- Understand how to integrate customers and new technologies into product development processes
- Apply selected best practices in innovation to their organisation
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission to
- Specialist Certificate in Strategic Marketing
- Specialist Certificate in Executive Leadership
- Specialist Certificate in Leadership (Professional Services)
- Specialist Certificate in Leadership
Or
- An undergraduate degree or equivalent qualification, and three years of documented relevant professional experience; or ten years of documented relevant professional experience which demonstrates the capacity to undertake the course successfully
- and approval by the Academic Director of the Open Programs
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Assignment on Managing Innovation from ideation to commercialisation in a selected firm
| 4 Weeks after the end of teaching | 100% |
Last updated: 3 November 2022
Dates & times
Not available in 2020
Time commitment details
85 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
A study guide with readings and cases will be provided before the commencement of the subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Specialist Certificate in Leadership (Professional Services) Course Specialist Certificate in Strategic Marketing Course Specialist Certificate in Leadership - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022