EXMBM532-19GA (HAM)

Managing Innovation and Value Creation

15 Points

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Waikato Management School
Te Raupapa
Executive Education

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: ashleigh.neame@waikato.ac.nz

Placement Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
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    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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Paper Description

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This paper introduces a series of tools that enable students to create, test, refine, package and deliver a business opportunity. These skills are important for all individuals and organisations and, in the corporate world, these skills are vital for innovative thinking. For aspiring entrepreneurs, it will deliver the skills of design thinking and the tools of innovation to achieve personal dreams to start an enterprise. It draws on prior learning in papers on strategic management and change management to provide a template for innovation managementThis paper introduces the concepts and tools that will be applied in the capstone Action Learning Project which completes the MBM programme.

Managing innovation and creating value for business is a key skill for aspiring managers. This paper draws together the learning from previous papers in the MBM and introduces participants to the human-centred approach to planning and creaing value for a business. In the not for profit sector, one of the most competitive markets in the world, these skills will enable participants to be able to deliver their important and often essential services. In a family business, it is the importance of sustainable growth, building on the founder’s legacy and ensuring the traditions of the business are maintained. The social enterprise is a new term, but an old concept - how do you effectively and powerfully deliver strong economic and social dividends without compromising either? This paper will reveal the “how”.

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Paper Structure

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This paper will be facilitated with face-to-face sessions.

You will be introduced to the Design Thinking (DT) concepts, and a facilitator will engage with you in each phase of the DT process. When you enter the paper, you will need to, as a group, have a clear idea as to what product/service you want to engage with as entrepreneurs. The end result is a presentation of your solution, which will then be taken to the next paper where you will be seeking investment.

You will have to maintain your own reflective journal and update your learning as you engage with each phase of the DT process.

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Explain and demonstrate design thinking approaches to identify opportunities
    Linked to the following assessments:
  • Demonstrate how to identify customers needs and to unearth entrepreneurial opportunities
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  • Demonstrate effective persuasion - presenting, selling and conversation
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  • Demonstrate an ability to think laterally and creatively to design a product or service

    Linked to the following assessments:
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Assessment

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All assessment is compulsory.
It is expected you have read the Corporate & Executive Education Policies.

PLEASE NOTE: The University has zero-tolerance for Plagiarism.

All assessment must be submitted as a Word document or PDF, unless otherwise stated.

Please refer to Moodle for assessment details.
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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Reflective Essay
1 Dec 2019
11:30 PM
15
  • Online: Submit through Moodle
2. Individual Innovation Failure Pitch
12 Dec 2019
2:00 PM
15
  • Presentation: In Class
3. Individual Report on Management Innovation Framework
10 Dec 2019
11:30 PM
30
  • Online: Submit through Moodle
4. Group Pitch
12 Dec 2019
2:00 PM
25
  • Presentation: In Class
5. 3 x Random In Class Quizzes
15
  • In Class: In Test
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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There are no standard texts to read. It is useful to download the Human Centered Design Thinking Field Guide from IDEO: http://www.designkit.org/

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Online Support

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Waikato Management School Helpdesk: wms_helpdesk@waikato.ac.nz, 0800 WAIKATO, extn 4599
ITS: https://landesk.waikato.ac.nz 0800 WAIKATO, extn 4008
Moodle help files
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Workload

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As a general guide 30-40 hours per week is required over the whole period of the paper.
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Linkages to Other Papers

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Prerequisite(s)

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: EXPM516

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