EXMBM532-22C (HAM)

Managing Innovation and Value Creation

15 Points

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Division of Management
Strategic Engagement
Professional Programmes

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: mbmenquiries@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: yilan.chen@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:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • 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 topics that prepares students to manage innovation and value creation in organisations. The tools introduced in the course enables students to create, test, refine, package, and deliver a business opportunity. The knowledge and skills developed in this course are important for all individuals and organisations alike. In the corporate world, these skills are vital for innovative thinking and managing innovation activities. For aspiring entrepreneurs, the course provides the tools of innovation that can be implemented to start an enterprise. It draws on prior learning in papers on strategic management and change management to provide a template for innovation management. This paper introduces the concepts and tools that will be applied in the capstone Action Learning Project which completes the MBM programme.

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Paper Structure

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This paper will be offered in a flexi format where students can participate online via Zoom synchronously or on-campus in Hamilton.

Synchronous Attendance

We expect students to participate in all sessions synchronously as some assessments are scheduled at specific times.

Although all sessions are recorded, it is expected that students attend and participate in each session to get the maximum benefit from the learning activities. Attendance and participation is noted during each session. Students who cannot attend sessions for legitimate reasons must please notify the paper convenor ahead of time.
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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • Demonstrate the ability to evaluate different types of innovations and learn how they emerge and why they fail
    Linked to the following assessments:
    Reflective Essay and commentary (1)
    Individual Innovation Failure Pitch (2)
    Online discussion- Managing innovation and value creation (4)
  • Demonstrate the ability to identify customers needs and learn how demand for disruptive innovations is created
    Linked to the following assessments:
    In class/online group participation - case analysis (3)
  • Demonstrate the ability to evaluate idea quality and how to pitch an innovative idea

    Linked to the following assessments:
    Individual Innovation Failure Pitch (2)
  • Demonstrate an ability to connect innovation and value creation and learn about business model innovation
    Linked to the following assessments:
    Online discussion- Managing innovation and value creation (4)
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Assessment

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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 and commentary
9 Dec 2022
11:00 PM
25
  • Online: Submit through Moodle
2. Individual Innovation Failure Pitch
20 Dec 2022
2:00 PM
25
  • In Class: In Lecture
3. In class/online group participation - case analysis
31 Jan 2023
2:00 PM
25
  • In Class: In Lecture
4. Online discussion- Managing innovation and value creation
7 Feb 2023
11:00 PM
25
  • Online: Submit through Moodle
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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See reading list embedded in each weekly block in Moodle

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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 10-15 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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