Module Information

Module Identifier
MMM6720
Module Title
INNOVATION AND OPERATIONS MANAGEMENT
Academic Year
2012/2013
Co-ordinator
Semester
Semester 1

Course Delivery

Delivery Type Delivery length / details
Lecture 11 x 2 Hours of Lectures
Seminars / Tutorials 2 x 2 Hours Seminars
 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Individual Coursework 3,000 word essay  30%
Semester Exam 3 Hours   70%
Supplementary Assessment Repeat Failed Elements or Equivalent  30%
Supplementary Exam 3 Hours   Repeat Failed Elements or Equivalent  70%

Learning Outcomes

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

Understand the role of technological change in business operations

Evaluate the role of forms of knowledge (eg patents, licenses) in support of innovation

Implement technology acquisition strategies

Evaluate and implement tools of operations management (eg forecasting)

Develop a project management plan

Brief description

The module will provide an introduction to a range of topics : it is designed to give students a general introduction to some of the many topics that come under the general heading of ‘Innovation and Operations Management’. Hence it will help students to gain an understanding of key areas of innovation and operations including definitions and examples from existing literature and from a set of example cases that illustrate innovation and operations in many different settings and markets. Emphasis will be placed on the application of the key concepts to actual business situations. This course will discuss various aspects of innovation and operations management, focusing on the role of innovation and operations in enabling firms to generate competitive advantage, and the types of problems faced by firms in their new product and service development.

Content

A series of approximately 22 lectures and 2 case study seminars

The aims of this module are:

To provide students with a basic knowledge of the concepts and principles which are the building blocks of innovation and operations management. In addition, the students’ ability/skills to approach and analyse a variety of innovation and operations management issues and problems will be developed. Finally it will provide students an understanding of how they, as future leaders of innovative organizations, can recognize and harness innovation.

It will achieve this by considering, for example, the following areas:

• Importance and impact of technology and innovation to business and to society

• Technological change, innovation concepts, models and frameworks

• Technology acquisition, types and managemnent

• Product/process technologies, innovation management processes and tools

• Innovation strategies, implementation, control and evaluation

• Operations Management principles and cases

Module Skills

Skills Type Skills details
Application of Number Understand national accounts and other international economic data.
Communication Discussion-based seminars – formal feedback provided.
Improving own Learning and Performance Directed independent study
Information Technology Information retrieval via electronic sources will be required for coursework
Personal Development and Career planning
Problem solving Apply analytical skills to reason and understand the challenging nature of the subject.
Research skills Development of the appropriate research skills necessary to produce high quality outputs.
Subject Specific Skills
Team work Team work ethics are encouraged in seminars – formal feedback provided.

Notes

This module is at CQFW Level 7