BMGT 2045 - Leading Innovation and Change

Credits: 3
Hours/Week: Lecture 3Lab None
Course Description: This course focuses on the practices necessary to stimulate and manage innovation in a business. The course introduces methods and tools for developing new ideas and transforming them into marketable projects.  Topics include frameworks and methods for designing, developing, and implementing innovation in real work situations. The aim of the course is to provide students with the perspective and skill base necessary to manage innovation-focused projects, people, and ventures.  The course emphasizes how innovation tools and methods can be successfully employed in real work situations.
MnTC Goals
None

Prerequisite(s): None
Corequisite(s): None
Recommendation: None

Major Content

1. Innovation management
2. Innovation methodologies
3. Innovation tools and practices
4. Innovation theories
5. Fundamentals of change management and its relevance to innovation
6. Organizational structures and strategies in innovation
7. Innovation and economic competitiveness
8. Effective leadership of systemic organizational change
9. Nature and history of innovation
10. Balancing innovation execution within organizations
11. When to abandon ideas in organizations

1. explain innovation management.

2. apply creative problem solving and idea generation models.

3. describe innovation tools and the challenges involved in employing them.

4. apply current state business challenges through an innovation methodology.

5. analyze business challenges involving innovation management.

6. evaluate innovation policies and practices in organizations, especially from an organizational culture and leadership point of view.

7. explain why innovation is essential to organizational strategy - especially in a global environment.

8. describe the factors that increase the likelihood of successful transition from innovation to execution.

9. describe the roles played by organizational design factors in innovation.

10. explain effective leadership approaches and cultures for fostering innovation.

Courses and Registration