INNOVATION MANAGEMENT
- Overview
- Assessment methods
- Learning objectives
- Contents
- Full programme
- Delivery method
- Teaching methods
- Contacts/Info
None
Written exam at the end of the Course re: the topics discussed in Class and materials indicated (see reference books list). The final written exam is administered on paper and consists of 6 items (open questions focused on topics indicated in the Syllabus), where students are required to produce a short dissertation. The goal is to assess the student’s knowledge on the whole program.
The exam lasts 60 minutes.
To succeed, students must obtain not less than 18 (eighteen) out of 30 (thirty). Students who obtain a total sum higher than 30 are entitled to pass the exam with honor (cum laude).
To navigate in the current competitive landscape, companies need to pay attention to innovation and emerging technologies. Innovation pervades the value chain of established companies, which very often are disrupted by new ventures with innovative value propositions. For all these reasons, companies - and managers and/or business analysts (on their behalf) – need to analyze real data to make their business decisions (re: technological advancements, innovation and operations management) to maintain their competitive advantage.
The course’s purpose is to make students understand the fundamentals of innovation, technology and operations management. The course also provides a comprehensive overview of strategic choices of firms in a double-fold perspective (i.e. both descriptive and problem-solving).
Key objectives are to provide students:
- the knowledge base to develop their skills in the managerial field;
- the managerial tools to understand how deal with innovation and operations management related-issues.
To reach these aims, the course has been conceived with a balanced mix of theory and practice (case study discussion in workgroups). Specifically, during workgroups, students have the opportunity to collaborate in problem solving, to address real managerial challenges.
At the end of the course, therefore, students have to prove:
- they have learned the business language, and can use properly the typical management terms/vocabulary;
- they have learned the models to represent innovation, technology and operations management;
- they can correctly use the managerial tools useful for technology and innovation management.
The course aims to illustrate the role of innovation and technology in the current competitive landscape. The course also briefly analyses operations management for manufacturing and service companies under a strategic and managerial point of view.
DETAILED PROGRAM (45 hours)
THE EVOLUTION OF MARKETS: INNOVATION AND TECHNOLOGY ADOPTION, DIFFUSION, MARKET GROWTH (10 hours)
o Doing business nowadays: innovation, internationalization and entrepreneurship
o Globalization and competitive advantage
o Technology trends
o Diffusion of Innovation and new market creation
o Great challenges: frugal approaches to innovation and inclusive/social innovation
COMPETING IN TECHNOLOGY BASED MARKETS (10 hours)
o Technology and company’s value chain
o Higher-order competencies and competitive advantage
o Innovation and technology in collaborative networks; knowledge brokers
CORPORATE INNOVATION AND INTRAPRENEURSHIP (15 hours)
o Concept definition - innovation along the years
o Typologies of innovation:
• radical vs incremental
• product/service vs process
• sustaining vs disruptive
o Different sources of innovation
o Innovation and competitive advantage
• Innovation and strategy
• First mover advantage
• Network effect
• Attacker’s advantage
o Ambidextrous organizations and intrapreneurial approaches
OPERATIONS MANAGEMENT (10 hours)
o Operations strategy, introduction:
• Competitive dimensions
o Design of products and services
• New product development
• The Stage-gate process
o Production processes
• Typologies of production processes
• Classification and comparison of production processes
o Supply chain management
• Lean production
• Supply chain characteristics
• Make or buy? Outsourcing choices
• Global sourcing and mass customization
• Operations and globalization: new trends
BUSINESS CASES
Business case discussion and working groups re: the above-listed topics.
At the beginning of the course, the detailed program along with the schedule of the lessons will be published on the e-learning platform.
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Lectures, case discussion/workgroups, seminars
The instructor will be available at the end of each class as well as in office hours that will be communicated at the beginning of the course and will be indicated on the instructor’ personal pages, with periodical updates.
Professor's e-mail: alessia.pisoni@uninsubria.it