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New Value Creation (MGMT90174)
Graduate courseworkPoints: 12.5On Campus (Parkville)
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.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
April
Dr Niharika Garud niharika.garud@unimelb.edu.au
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | April |
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Fees | Look up fees |
This subject provides frameworks for entrepreneurial activity and commercialisation of new ideas, which are of value to organisations and to customers in markets or societies. It covers creativity and ideation processes and the processes by which entrepreneurs prioritise, make decisions, allocate resources and evaluate such ideas as the pass from invention or acquisition stage through to scale up and commercialisation. The integration of market, economic, financial, societal, sustainability and production aspects of evaluation will also be considered.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Manage creativity processes aimed at identifying new forms of value creation in organisations
- Know how to evaluate ideas for decision purposes and prioritisation
- Evaluate potential for scale-up of new value potentials
- Apply market logic to new value potentials
- Recognise financially valuable new elements of products services and processes
- Consider new forms of business models and revenue streams delivered by entrepreneurial activities
- Apply opportunity recognition frameworks in organisations and society.
Generic skills
On successful completion of this subject students should have enhanced their skills in:
- Understanding of entrepreneurial processes and key elements of innovation success
- Analysis and problem solving
- Capacity for intellectual curiosity, creativity and independent thought
- Communication of key ideas and theories within the discipline areas
- Capacity for effective teamwork and collaboration
- Information retrieval and application in relation to practical problems.
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
Entry into the Master of Enterprise.
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: 9 April 2024
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 |
---|---|---|
Take-home exam
| Due on the Tuesday after the delivery | 20% |
Assignment
| 4 Weeks after the end of teaching | 30% |
Field project
| 8 Weeks after the end of teaching | 50% |
Last updated: 9 April 2024
Dates & times
- April
Principal coordinator Niharika Garud Mode of delivery On Campus (Parkville) Contact hours 20 hours of seminars taught intensively over 5 days, plus 2 x 3 hour group case analysis sessions (held on two evenings from 6-9pm during the intensive week) Total time commitment 170 hours Teaching period 20 April 2020 to 24 April 2020 Last self-enrol date 21 April 2020 Census date 8 May 2020 Last date to withdraw without fail 29 May 2020 Assessment period ends 21 June 2020 April contact information
Dr Niharika Garud niharika.garud@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Enterprise Course Graduate Diploma in Enterprise - Links to additional information
Last updated: 9 April 2024