Course Purpose:
Innovation and Change Management equips students with the knowledge, skills, and critical thinking abilities to drive innovation and manage change effectively within organizations and across various sectors. It focuses on developing a deep understanding of innovation processes, leadership, and organizational change, preparing graduates to lead and adapt in a rapidly evolving and interconnected world.
Course Expected Learning Outcomes:
By the end of the course, the students are expected to:
Demonstrate a comprehensive understanding of innovation theories and models, including open innovation, disruptive innovation, and blue ocean strategy.
Analyze the internal and external factors that drive organizational change.
Understand the dynamics of organizational culture and its impact on innovation and change.
Conduct research and analyze data to inform innovation and change management strategies.
Apply critical thinking and problem-solving skills to address complex organizational challenges.
Course Content:
This course will include:
Foundations of Innovation:
Theories of innovation (e.g., diffusion of innovation, disruptive innovation)
Types of innovation (e.g., product, process, business model)
Creativity and creative thinking techniques
Innovation ecosystems and networks
Change Management Principles:
Models of organizational change (e.g., Lewin’s change model, Kotter’s 8-step model)
Leading change initiatives: overcoming resistance, building momentum, and sustaining change.
Change communication and stakeholder management
Organizational culture and its impact on change
Innovation Strategies:
Blue ocean strategy, design thinking, agile methodologies
Open innovation and crowdsourcing
Strategic planning for innovation
Technology and Innovation:
Digital transformation and its impact on organizations
Emerging technologies and their applications in innovation
Artificial intelligence, machine learning, and their implications for business
Data analytics and its role in driving innovation
Leadership for Innovation:
Entrepreneurial leadership and intrapreneurship
Building an innovation culture
Coaching and mentoring for innovation
Leading teams through change and ambiguity
Reading Materials:
Kotter, J. P. (1996). Leading Change.
Christensen, C. M. (1997). The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail.
Drucker, P. F. (1993). Innovation and Entrepreneurship: Practice and Principles.
Brown, T. (2009). Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation.
Osterwalder, A., Pigneur, Y., & Clark, T. (2010). Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers.
Moore, J. F. (1991). Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers.