Details for Strategic Challenges, Innovation and Change
Just when organisations think they have found the formula for success, they start to fall behind. In today’s constantly changing environment standing still is the fastest way of moving backwards. This unit will address the need for change, the challenges of change and introduces students to theories and processes for innovation. This unit also looks at how innovative and entrepreneurial thinking can be used to expand God’s kingdom.
- Currently offered by Alphacrucis: Yes
- Course code: LEA303
- Credit points: 10
The following courses are prerequisites:
- At least 120 credit points including MAN101—Introduction to Management and LEA201—Leadership Principles
Awards offering Strategic Challenges, Innovation and Change
This unit is offered as a part of the following awards:
- Bachelor of Business
- Bachelor of Business and Bachelor of Ministry
- Bachelor of Business and Bachelor of Theology
- Bachelor of Ministry
- Undergraduate Certificate in Business Studies
The course looks at the development of business strategy in a global and constantly changing environment. It integrates key elements of earlier courses into a holistic analytical approach to case studies approximating real world business challenges. It discusses the need for change, the challenges of change and introduces students to the stages-and-gates process for innovation. This unit also looks at how innovative and entrepreneurial thinking can be used to expand God’s kingdom.
Students should be able to:
- Explain approaches in identifying key trends that will influence the future and applying these to local contexts. This includes understanding the basic interaction between global and local forces that precipitate change;
- Create and assess creative strategic responses to change. This includes factors such as social, environmental and community impact.
- Explain innovation for organisations. This includes key approaches and processes for innovation; methods of analysing new venture projects; how to encourage innovations in organisations; and how to manage innovation in organisations;
- Discuss approaches to change management including various change theories, models and frameworks. Assess the strengths and weaknesses of the models discussed;
- Create and assess ethical responses to change in a way that does not compromise the well-being of individuals and the larger community. This includes practical skills such as applying conflict management, assessing resource needs, and effective communication particularly in NGOs and NFP organisations.
- Living in the age of discontinuity
- Mega-trends reshaping our world
- Competing for the future: restructuring – reengineering – reinventing
- Thinking differently - Learning to forget
- Good to Great: why some organizations make the leap and others don’t
- Building gateways to the future
- Creating a culture of innovation
- Skills of the innovators
- The innovation process: stages and gates
- Leading innovation
This course may be offered in the following formats
Lectures, guided reading and reflection, seminar presentations, case studies and group project
- Forum Postings 20% (2500 words)
- Strategic Project 40% (2000 words)
- Group Presentation 40% (30 mins plus 2500 word write up)
- Primary readings provided
- Australian Institute of Management. Innovation and Imagination at Work. North-Ryde NSW: McGraw-Hill, 2004
- Belasco, J.A., Teaching the Elephant to Dance: Empowering Change in your Organization, New York, N.Y: Crown, 1990.
- Bhidé, A., The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World, Boston: Princeton University Press, 2008.
- Christensen, C.M., & Raynor, M.E., The Innovators Solution, Boston, Mass.:Harvard Business School, 2003.
- Caldwell, K. & Kallestad, W. with Sorensen, P., Entrepreneurial Faith: Launching Bold Initiatives to Expand God's Kingdom, Colorado Springs, Colo.: WaterBrook Press, 2004.
- Collins, J., Good to Great: Why some companies make the leap--and others don't, New York, NY: HarperBusiness, 2001.
- Davenport, Thomas H., Marius Leibold, and Sven C. Voelpel, Strategic Management in the Innovation Economy: Strategic Approaches and Tools for Dynamic Innovation Capabilities, Hoboken, NJ: Wiley, 2006
- Frederick, H.H., & Kuratko, D.F., Entrepreneurship: Theory, Process, Practice, Melbourne: Cenage Learning, 2010.
- Hamel, G. and Prahalad, C.K., Competing for the future, Boston: Harvard Business School Press, 1994.Kotter, J.P., Leading change, Boston, Mass.: Harvard Business School Press, 1996.
- Hanson, D, ...[et al], Strategic Management: Competitiveness and Globalisation, 4th Ed, Melbourne: Cengage Learning, 2011.
- Mintzberg, H. The Strategy Process: Concepts, Context, Cases. Upper Saddle River, N.J.: Prentice Hall, 2003.
- Nicholls, A., Social Entrepreneurship: New Models and Sustainable Change, Oxford: OUP, 2008.
- Ohmae, K., The borderless world, New York: Harper Business; London: Collins, 1990.
- Raelin, Joseph A.. ‘Toward an Epistemology of Practice’, Academy of Management Learning & Education, Vol. 6 Issue 4 (December 2007), pp.495-519.
- Smith, D., Exploring innovation, 2nd Ed, London: McGraw Hill, 2009.
- Spencer, J., Who moved my cheese?: An amazing way to deal with change in your work and in your life, New York : Putnam, 1998.
- Snyder, Nancy Tennant, and Deborah L. Duarte, Strategic Innovation: Embedding Innovation as a Core Competency in Your Organization, San Francisco: Jossey-Bass, 2003
- Waddell, D., ...[et al], Organisational Change: Development & Transformation, 4th Ed, Melbourne: Cengage Learning, 2011.
- Creativity and innovation management
- European journal of innovation management
- Innovation: Management, Policy & Practice
- Innovation: the European journal of social sciences
- Psychology of aesthetics, creativity, and the arts
- Studies in learning, evaluation, innovation and development