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MBA8011 Driving Growth and Innovation

Block 5, 2023 Online
Units : 1
School or Department : School of Business
Grading basis : Graded
Course fee schedule : /current-students/administration/fees/fee-schedules

Staffing

Course Coordinator:

Requisites

Pre-requisite: MBA8001 and MBA8002 and MBA8003 and MBA8004 and MBA8005 and MBA8006 and MBA8007 and MBA8008 and MBA8009 and MBA8010 and Students must be enrolled in the following Program: MBAL

Overview

Successful businesses rely on regular product and market renewal and on identifying ways to maximise growth and whilst maintaining quality.  This pressure for growth occurs in the context of continual global and digital disruption which forces businesses to be innovative and pro-active in their responses. These disruptive forces can change not only how we live and work but can alter markets and the structures of entire businesses and industries. To be prepared for these changes, and to future proof businesses, leaders need to be able to identity these trends and creatively find ways to turn them into opportunities for growth. Strategies for growth must take account of challenges that arise from these disruptive forces and be balanced with the constraints imposed by organisational purpose, quality imperatives, risk appetite and ethical obligations.

This course provides you with the capabilities to develop strategic responses to challenges and opportunities for business growth within the context of global and digital disruption. An understanding of where your opportunities lie in response to these forces is developed through careful analysis and review of data and mega trend. You will learn how to exercise professional judgement to interpret these trends and their potential impact on the performance of the business and to contextualise the constraints on your options through consideration of risk and governance. You will create strategic responses to the challenges and opportunities identified from this analysis that shows evidence of creativity, innovative and agile thinking aligned to the purpose of the organisation.

Course learning outcomes

On successful completion of this course students should be able to:

  1. Identify and apply contemporary and emerging knowledge to inform decisions about business opportunities, growth and innovation
  2. Apply research skills to critically analyse relevant and reliable data and information from mega-trends and disruptive forces to identify opportunities for growth.
  3. Exercise professional judgement in collaboration with others to interpret data to realise innovative opportunities for growth that balance consideration of the constraints of the organisation.
  4. Formulate innovative and creative strategies for growth that align with the capability and purpose of the organisation.

Topics

Description Weighting(%)
1. Growth, innovation, creativity and entrepreneurship theories and models 20.00
2. Disruptive forces and mega trends 15.00
3. Creating growth opportunities through an analysis of digital disruption and technology 15.00
4. Creating growth opportunities through an analysis of socio-economic change 15.00
5. Creating growth opportunities through an understanding of data and information 15.00
6. Strategically responding to challenges and emergent opportunities for growth 20.00

Text and materials required to be purchased or accessed

There are no texts or materials required for this course.

Student workload expectations

To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.

Assessment details

Approach Type Description Group
Assessment
Weighting (%) Course learning outcomes
Assignments Written Workbook 1 No 30 1,2,3,4
Assignments Written Workbook 2 No 30 1,2,3,4
Assignments Written Report No 40 1,2,3,4
Date printed 9 February 2024