Innovation is one of the major forces that enable organizations, regardless of industry (i.e. healthcare, finance, retail, etc.) to strategically gain and sustain competitive advantage. The objective of this course is to equip students with relevant skills necessary to identify innovative ideas, effectively manage innovation and technological change, and to become a positive participant in an organization that is undergoing change. Topics include: sources, types and patterns of innovation, standards and design dominance, timing of entry, collaboration strategies, protecting innovation, and managing new product development. The course addresses issues such as managing innovation in small vs. large organizations, closed vs. open innovation, how to connect to the market and more.
No technical background is required.
This course may be taken for 1 or 2 credits, see below for section distinction.
1-credit option: Primarily a self-paced course in which you will complete assigned readings and videos, submit quizzes and short exercises and have the option of engaging with peers and the faculty via collaborative tools such as discussion forums.
(For the 1-credit option enroll in SCH-MGMT 797IT, section 1, class number: 45154)
2-credit option: In addition to the course materials and requirements mentioned above, students will have the opportunity to engage in activities that will utilize the skills and course materials and apply them to business challenges and opportunities. Students will be encouraged to think outside the box when establishing their solutions.
(For the 2-credit option enroll in SCH-MGMT 797IT, section 2, class number: 45155)