ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | INNOVATION AND CHANGE | ||
Code | KMBA714 | ||
Coordinator |
Dr LB Day Strategy, IB and Entrepreneurship Lisa.Day@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2022-23 | Level 7 FHEQ | Whole Session | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
KMBA710 BEING A LEADER |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
50 100 |
150 | |||||
Timetable (if known) | |||||||
Private Study | 0 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 1 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 30 | ||||
Assessment 2 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 20 | ||||
Assessment 3 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 30 | ||||
Assessment 4 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session | 0 | 20 |
Aims |
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Develop an understanding of how context influences performance, and how organisations must change and learn as their context changes; Understand how driving a sustainable competitive strategy, particularly in the context of disruptive change, is dependent upon organisations fostering a climate of innovation and creativity; Develop the skills to envision an organisation's sustainable future and foster in the organisation the capacity to achieve the envisioned future. |
Learning Outcomes |
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(LO1) Examine strategic challenges that firms face, including disruptive change and globalisation; |
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(LO2) Evaluate the concept of, and need for, sustainable competitive advantage; |
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(LO3) Compare and contrast key theories of creativity and innovation; |
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(LO4) Evaluate the means for developing a culture of creativity and innovation in an organisation; |
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(LO5) Appraise the impact of an inter-culturally diverse workforce on an organisation's creativity and innovation; |
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(LO6) Formulate a vision for sustainable competitive advantage in an organisation and construct a strategic plan for achieving that vision; |
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(LO7) Demonstrate the importance of optimizing a firm's 'triple bottom line' in developing a strategy of sustainable competitive advantage. |
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(S1) Communication Skills: Students will have opportunities to develop written and oral communication skills through group discussions, in-class presentations and coursework. This will be assessed by written assignments, reports the dissertation and short individual and group presentations; |
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(S2) Problem Solving and Decision Making: Students will be challenged to think critically about organisational issues and dilemmas. They will do this by gathering and synthesising information, analysing alternative perspectives and options and presenting a considered opinion or course of action in their course assessment; |
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(S3) Numeracy Skills: Students will learn financial and statistical techniques. These are developed as part of the modules covering microeconomics, macroeconomics, econometrics and asset pricing theory; |
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(S4) Information and Communication Technology Skills: Students will have opportunities to improve their ICT skills. Students will demonstrate skills in the use of software applications including word processing, visual presentations, data bases, econometric packages, spreadsheets and using the internet for information searches in the course of researching and presenting coursework; |
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(S5) Personal Effectiveness: This applies to all modules where students will be encouraged to think critically about theory and practice and to challenge and critique assumptions about management, economic and financial theory; |
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(S6) Time Management: This applies to all modules of the programme and is relevant for planning scheduled work and meeting assessment deadlines. This will be evident in the students’ independent management of their assignments and coursework and by meeting coursework deadlines. |
Teaching and Learning Strategies |
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Teaching Method 1 - Virtual classroom hours (for online modules) Teaching Method 2 - Non-classroom hours (for online modules) |
Syllabus |
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The concept and context of sustainable competitive advantage Theories of creativity and innovation Strategic design: the IDEO process Envisioning a sustainable future: Creating a Blue Ocean strategy Leading and developing the creative organisation Managing global creativity Sustainable competitive advantage and the 'triple bottom line' |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |