MGMT4055: Managing Innovation and Change In Action

2 Credits

This course focuses on how business organizations innovate and change. The course covers foundational topics and combines both theoretical insights and practical knowledge based on cases and hands-on exercises. The class topics address the following questions: · What are the sources, types, and patterns of innovation? · What are the characteristics of an organization’s innovation ecosystem? · How do organizations compete and collaborate in innovation ecosystems? · What are some external forces shaping organizational innovations? · How do organizations adapt to these external forces? By the end of this course, students will: - Learn the key principles of success and failure of innovation and change in business organizations across different products, services, and geographies. - Apply course concepts to real organizational cases, diagnose problems, and recommend solutions. - Use clear written, verbal, and online communication skills. - Collaborate to create novel solutions to tasks and problems. - Demonstrate the use of a wide range of qualitative and quantitative sources to support conclusions and recommendations. prereq: MGMT 3001 or MGMT 3004 or MGMT 3010 or MGMT 3015

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