Module Details

Module Code: MGMT9003
Title: Managing Innovation
Long Title: Managing Innovation
NFQ Level: Expert
Valid From: Semester 1 - 2016/17 ( September 2016 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 5 programme(s)
Module Description: This module is designed to provide engineering students with a clear understanding of the importance of innovation to the success of the firm and to the economy at large. It will explore how to manage innovation effectively within an organisation and how to map innovation opportunities. It will allow an engineering student to appreciate the impact of a product or process change / innovation on an organisation, considered from the perspective of the impact on the organisation, its strategy, resources, operations, and people and also the impact of the business environment or vice versa. Students will learn about the tools and techniques for developing ideas, how to develop partnerships across organisational boundaries and how to involve people and share knowledge. Case studies of successful innovations will be investigated to learn how they were developed and implemented.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Analyse the nature and importance of innovation to enterprise and view innovation as a management process.
LO2 Identify and evaluate innovation opportunities and the core capabilities for innovation within an organisation.
LO3 Evaluate the relationship between creativity and innovation in the development of a new product or process.
LO4 Analyse the management, IP and commercial perspectives in the design and development of a new product or process.
LO5 Define the role of knowledge based activities, relationships and networks in the development of a new product or process.
LO6 Critique the impact of product and process change driven by the business environment on implementation of an organisations strategy.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Innovation
Defining innovation. Types of innovation; disruptive, radical & incremental, business model innovation. Successful and unsuccessful innovations. Goals of innovation. Identifying and mapping innovation opportunities.
Managing Innovation
Innovation as a management process in the organisation. Process design and innovation. Quality circles and process improvement teams, TQM, ISO 9000 and EFQM. Business process re-engineering and supply chain.
Corporate Creativity
Creativity and invention. Sources of ideas. Systematic approaches to creativity.
New Product Development
New product development process. Managing the new product development team, organisational structures, cross-functional teams & key activities.
Managing Technology and Knowledge
Managing organisational knowledge. Strategic alliances and networks, open innovation. The role of technology transfer in innovation.
Commercial Exploitation & Intellectual Property Rights
Pathways to commercialisation. Intellectual property rights; patents, trademarks, copyright protection and licensing agreements.
Strategy
Defining Strategy. The Strategic Planning process. The Business Environment and Tools for Strategic Analysis. PEST, Ansoff, SWOT.
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 50
Timing Week 6 Learning Outcomes 1,4,5
Assessment Description
Analysis and Presentation of Case Scenario Material
Assessment Type Project % of Total Mark 50
Timing Sem End Learning Outcomes 1,2,4,5,6
Assessment Description
Developing an Innovation Strategy for a local based company
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact In class review of course material Every Week 2.00 2
Tutorial Contact In class case discussion of business scenarios Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Self directed learning Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact In class review of course material Every Week 2.00 2
Tutorial Contact In class case discussion of business scenarios Every Week 1.00 1
Independent & Directed Learning (Non-contact) Non Contact Self directed learning Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
 
Module Resources
Recommended Book Resources
  • John Tidd and Joe Bessant. (2014), Strategic Innovation Management, 1st. Wiley, UK, [ISBN: 9781118457238].
Supplementary Book Resources
  • John Tidd and Joe Bessant. (2013), Managing Innovation, 5th. Wiley, UK, [ISBN: 9781118538593].
  • David O Sullivan & Lawrence Dooley. (2008), Applying innovation, Sage Publications, USA.
Recommended Article/Paper Resources
  • Harvard Business Review. (2006), Proctor and Gamble; Inside Proctor and Gamble's New Model for Innovation, Harvard Business Review, 10, [ISSN: R0603C].
This module does not have any other resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_ECHBI_9 Master of Engineering in Chemical and Biopharmaceutical Engineering 2 Mandatory
CR_EMENG_9 Master of Engineering in Mechanical Engineering 2 Elective
CR_CCOPM_9 Master of Science in Construction Project Management 2 Elective
CR_EPIAI_9 Postgraduate Certificate in Process Industries Advancements and Innovation 2 Mandatory
CR_CCNPM_9 Postgraduate Diploma in Science in Construction Project Management 2 Elective