MGMT20132 - Innovation and Sustainable Business Development

General Information

Unit Synopsis

Rapid technological development and increased globalisation brings 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 of 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. If you have successfully completed the unit MGMT20128 you should not enrol in this unit.

Details

Level Postgraduate
Unit Level 9
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites There are no pre-requisites for the unit.
Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2019

Term 1 - 2019 Profile
Brisbane
Melbourne
Online
Sydney
Term 2 - 2019 Profile
Brisbane
Melbourne
Online
Sydney

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 50%
2. Written Assessment 50%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2018 : The overall satisfaction for students in the last offering of this course was 4.4 (on a 5 point Likert scale), based on a 36.93% response rate.

Feedback, Recommendations and Responses

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.

Source: Sydney student
Feedback
The marking criteria and the format of assessment 2 is quite confusing....
Recommendation
The convener will spend more time briefing staff on other campuses about how to explain the assignments.
Action Taken
The assessment marking criteria was simplified for term 2 2018. The new teaching team practices introduced in term 1 2018 will be continued. In term 1 2018 the unit coordinator hosted several online Zoom sessions with the eight lecturers presenting the assessment tasks, the assessment criteria and expectations to assessment marking using Feedback Studio. Students were encouraged ask assessment questions in class and to post assessment questions online. Answers were provided by the unit coordinator online. Questions and answers were continuously added to the online assessment 1 and 2 student guides by the unit coordinator.
Source: Melbourne student
Feedback
I gained knowledge about business model and preparing business case. Moreover, I loved the pattern of assignment, I learned about making interesting video and have read really worthy some articles like Kodama and Itami & Nishino.
Recommendation
Continue with the current assessment structure and emphasis on experiential exercises in class with real-world relevance, particularly in regard to growth oriented innovations and technologies.
Action Taken
The assessment structure, emphasis on experiential exercises in class with real-world relevance, particularly in regard to growth oriented innovations and technologies was continued.
Source: Distance student
Feedback
Class room interaction and the tasks provided were helpful
Recommendation
Ensure workshops continue to be conduced with online students in their groups to ensure they have the opportunity to interact and understand how to do well.
Action Taken
Workshops were conduced with online students in their groups to ensure they had the opportunity to interact and understand how to do well.
Source: Students in class and 'Have Your Say"
Feedback
Continue to engage students with the use of practical workshops.
Recommendation
The recommendation is to continue the current workshop format as it complements the lecture part well and engages students with the unit content and assessments.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. discuss the range of innovation strategies and paths available to ensure future sustainability and viability of a business or organisation;
  2. critically analyse information that provides insight into innovation and business development processes;
  3. develop and evaluate innovative solutions to improve the sustainability and viability of a business or organisation;
  4. recommend practical innovation systems and programs which foster and commercialise innovative solutions for organisations;
  5. critically evaluate one’s own personal capabilities and the resources available to implement innovation and business development projects; and
  6. effectively communicate commercially, socially viable and ethical innovation systems and business proposals for businesses and organisations.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5 6
1 - Written Assessment
2 - Written Assessment
Alignment of Graduate Attributes to Learning Outcomes
Advanced Level
Professional Level
Graduate Attributes Learning Outcomes
1 2 3 4 5 6
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
7 - Leadership
Alignment of Assessment Tasks to Graduate Attributes
Advanced Level
Professional Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Written Assessment
2 - Written Assessment