12 points, SCA Band 3, 0.250 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Not offered in 2018
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Global Executive MBA Innovation II comprises of four component topics: Executive Leadership III: Innovation Mindset, Corporate Finance, Innovation and Entrepreneurship, and Commercialisation of Technology.
Leading in an age of disruption and volatility requires a capacity to stimulate and sustain continuous innovation at all levels of an organisation. Executive Leadership III promotes the development of an innovation mindset that fosters a commitment to - and expert practice in - creativity, innovation and entrepreneurial activity. Innovation modelling, managing collaboration networks, leading teams through cycles of divergent and convergent thinking and establishing organisations with an experimental mindset are among the issues addressed in this leadership component.
Investment, financing, budgeting and operations decisions are critical areas for business leadership. Drawing on cross-disciplinary perspectives and recent advances in theory and practice, Corporate Finance develops frameworks for analysis and decision-making important to executives and managers in contemporary organisations. The unit introduces the resourcing theories and practices that contribute to the sustainable, strategic management of organisations, and places a particular emphasis on financing issues in innovation and entrepreneurial processes.
Innovation and Entrepreneurship explores the drivers of sustainable competitive advantage in organisations and emphasises technological capability, innovative thinking and practice and entrepreneurial capability. The integration of multiple organisational functions is required for successful product and process innovation, and user-led and technology-led models are explored. The Business Model Canvas framework, and the lean start-up model that supports entrepreneurship by experimentation and iteration, is developed; global case studies and examples are leveraged.
The application of science and engineering technologies to social and economic problems in complex, global environments is a critical area for leaders of next-generation enterprises. An especially important requirement for the contemporary executive is the capability to generate profitable business models for new technologies. In Commercialisation of Technology, commercialisation development models, commercialisation networks, market research, intellectual property, wealth pathways and related issues are explored, developed and applied.
The learning goals of this unit are to:
- analyse and synthesise complex business situations by drawing on the knowledge bases of Leadership, Corporate Finance, Innovation and Entrepreneurship, and Commercialisation of Technology
- demonstrate the ability to integrate and evaluate that knowledge to create and implement appropriate business initiatives and responses.
Within semester assessment: 100%
Minimum total expected workload to achieve the learning outcomes for this unit is 288 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average six/eight hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information