Rapid technological development and increased globalisation bring with it a wealth of new business and societal opportunities and challenges as competitive advantages of societies, nations, and companies continue to change. This unit focuses on developing your ability to think creatively about anticipating and responding to these developments and to identify opportunities and directions for sustainable growth. The unit develops your abilities to recommend practical innovation systems and programs for organisations. The unit improves your skills in analysing and synthesising information and developing solutions to improve the long-term sustainability of a business or organisation. You learn about concepts, principles, tools and techniques relevant to all phases of idea generation, concept development and commercialisation of new business models, new business processes, new products, new services and solutions to societal challenges. This unit identifies and explores the issues in implementing these solutions while recognising the competencies, power and access to resources of the individual and the organisation. This unit allows students to focus on an organisation, industry, or sector of their choice from a selected list of options for all assessments.

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback from Informal communication in class

Participants are less concerned about filling out formal feedback. Participants have been reminded to fill in formal feedback, and this special reminder is also shown on the lecture slide. Informally and overall, participants' feedback indicate that they were relatively satisfied. Their concern is more about practicing using the tools in the workshop section every week so that they can be used for every assessment.

The ongoing unit improvement activities must be continued to maintain the unit focus on contemporary developments in innovation and sustainable business development concepts and practices.