MIS40680 Managing Strategy and Innovation

Academic Year 2023/2024

Technology is implicated in a host of transformations at a speed which many claim is un-paralleled by past experience. The rate of change, the scope for adoption and disruption and the front-page successes contribute to a general belief that technology has re-written our understanding of markets, businesses, consumers, management and leadership.

This highly interactive module will provide the student with conceptual knowledge and practical tools required for Managing Strategy and Innovation mediated by technology– whether executives of medium or large companies or entrepreneurs creating new companies. We’ll examine the (sometimes hidden) drivers behind how digital technologies are transforming business context across products, services, value chain and industry structures and the universal principles that can be applied to manage in this environment.

The course topics centre on a number of related subjects, indeed, with topics split between core subjects such as Strategy, Innovation and the Economics of Information and advanced perspectives on Expertise, Leadership, Innovation, Knowledge Management, and Privacy. Combined these topics provide a granular understanding of some of the major challenges facing strategy and digital innovation.

We’ll also separate real digital value drivers from digital hype, recognising how the word disruption often means “make things better for the customer”

Module Objectives
- Describe key concepts relating to the role of information, technology and knowledge in contemporary organisations.
- Understand a number of contemporary strategic models and their management.
- Demonstrate the practical applicability of a range of theoretical perspectives to understanding the relationship between IS and business.
- Demonstrate a sophisticated appreciation of the complexity of processes of IS-enabled organisational change and the challenges associated with managing them.
- Draw on wider social debates to illuminate issues related to the implementation and use of IT in organisations,
- Develop critical thinking and communication skills.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module students should be able to:
Describe key concepts relating to the role of information, technology and knowledge in contemporary organisations.
Identify emerging trends in industry and their impact on strategy, innovation and value creation
Discuss innovation and the role of information systems in enabling innovation and analyse the competitive opportunities and threats associated with emerging information systems platforms and solutions
Assess the impact of ICT-enabled innovation and change on organisational performance, strategy, and competitive position in a range of settings
Make strategic decisions around the use of digital technology, understanding how to create and capture new business value for your organisation
Create and evaluate new business models
Formulate and justify strategic recommendations for businesses interested in pursuing Digital innovation at a strategic level by using an evidence-based approach to strategy formulation
Understand what’s required to manage change with digital technology

Indicative Module Content:

Topics
Foundations of strategy, value, competitive advantage
Foundations of innovation – how technology changes business
Frameworks for strategy and Innovation
Leveraging IT for innovation, value creation and other strategic goals
Mechanisms of Disruption and Innovation
Expertise in the Real World;
Platforms and Platform Based Competition
Ecosystems and Transformation
Business Model Innovation
Delivering Successful Transformation – making Digital Change work
Privacy and Security in a Digital Age;
Shaping the Future – Proximate Trends
(the syllabus will be subject to revision)

Student Effort Hours: 
Student Effort Type Hours
Lectures

30

Specified Learning Activities

90

Autonomous Student Learning

90

Total

210

Approaches to Teaching and Learning:
Class exercises, group analyses, journal articles and book readings. Participation, discussion, collective sense-making and formative feedback are crucial aspects of the learning experience. There is no set textbook for this course. There will be a mix of required and recommended reading and case studies, videos and supplemental material. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Essay: Term paper Coursework (End of Trimester) n/a Graded No

50

Journal: Journal reflections Varies over the Trimester n/a Graded No

15

Continuous Assessment: Individual participation Throughout the Trimester n/a Graded No

15

Group Project: Presentation / debate Throughout the Trimester n/a Graded No

20


Carry forward of passed components
Yes
 
Resit In Terminal Exam
Summer No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Name Role
John Kelly Lecturer / Co-Lecturer
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 

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