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The course will

· Enable participants to appreciate the increasing importance of innovation in contemporary management thinking and practice.
· Equip them to recognize a variety of contexts and processes of innovation so as to plan for change.
· Enable them to think systemically to establish and lead innovation processes within organisations
Background and Scope

Managing innovation is often seen as the key to better performance of organisations and firms in today’s new knowledge economy. Existing literature drawn largely from psychology, organisational theory and change and technology management streams are broadly at three levels. The first is a focus on the creative genius of the innovator and his/her personality attributes. At another level the focus is very often on the firm or organisation and the imperative of innovation within it (“innovate or perish”). There is also the macro or the nation state level where several countries in recent times have reoriented their growth strategies to emphasise innovation. Innovation in much of this literature is often reduced to developing new products.

This course on innovation management would focus on innovation as a systemic process in which a manager using his agency can continuously adapt himself and his environment through appreciating and using recent insights on innovation management from a strategic perspective. Insights that recognise the role of users, multiple sources of knowledge,, formal and informal networks in promoting innovation and even the disruptive nature of innovation for change.

Pedagogy and Course Requirements

The course will be through interactive lecture sessions, case based presentations and reports. Participants will be encouraged to reflect, analyse and make sense of a diverse set of material ranging from magazine and journal articles, case studies and books through memos and participation in an electronic group that would be created for the course. Participants are expected to undertake a short term project doing and reflecting on an innovation strategy in an organization as part of their individual term paper assignment.

Course Modules

Modules	Description	Sessions
Understanding Innovation	Introduction, definitions and concepts, difference between innovation and invention, change management;	2
Innovation and Strategy	the discipline of innovation, patterns of industrial innovation, designing innovation at IDEO, The S curve, Indian context	3
Innovation as creating new market space	Breakthroughs at 3M case, value creation and innovation	2
Ideas on innovation	Innovation as capability, disruptive and radical innovation, innovation networks, failure and innovation	5
Thinking about innovation	Cases on learning selection, Aravind Eye hospital, Spirulina in India etc.	2
Innovation policy	Systems of innovation – national, regional and local Creating an enabling culture of innovation, Innovation metrics	2
Managing Innovation	Recent strategic thinkers on innovation – Hamel, Kanter, Prahlad, Ackoff	1

Evaluation Criteria

Class and egroup participation, memos	15 %
Assignments	20%
Term Paper	25%
End Term	40%

Select References and reading

Munshi, Porus. 2009. Making Breakthrough Innovation Happen. (key text)

Westland, Christopher, J. 2009. Global Innovation Management: A Strategic Approach.

Businessworld. 2011. Making Aspirations Count: A Case study special on Innovation.

HBPress. 2009. The Innovators Toolkit.

Silverstein, D et.a al. 2009. The Innovators Toolkit: 50 + Techniques for Predictable and Sustainable organic Growth. BMGI.

Mayle, David. 2006. Managing Innovation and Change.

Douthwaite, Boru. 2005. Enabling Innovation. Zed Books.

Apart from the above selected list articles from journals such as Harvard Business Review, The Innovation Journal, and Innovations will be used throughout the course and select reading shared. Cases developed by the instructor and others on innovation will be shared at the appropriate sessions.

- Best Wishes -
Created By: Janaki Jagan on 05/10/2011 at 03:57 PM
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