Schedule: 14.01.2019 - 22.03.2019
Teaching Period (valid 01.08.2018-31.07.2020):
III - IV spring (2018-2019, 2019-2020)
Learning Outcomes (valid 01.08.2018-31.07.2020):
Upon complication of this course:
- The student can demonstrate knowledge and comprehension of the seminal and the latest academic research in organizational innovation, dynamic capabilities, strategic and corporate entrepreneurship, organizational renewal, ambidexterity, and managerial capabilities
- The student can analyze, evaluate, and reflect upon
- why established companies lose their growth momentum, and their innovative and renewal capabilities over time;
- why and how by building capabilities a company can foster its growth and renewal potential.
- The student can apply analytical techniques, tools and frameworks taught in the class on a company-based group project, advising a company on how to tackle its innovation, renewal, or growth challenges
- by evaluating the company’s innovation or renewal capabilities; and
- by producing original work to resolve challenges the company faces in developing innovation and renewal capabilities
- The student can reflect upon what managerial capabilities are needed if he/she wants to drive entrepreneurial and renewal initiatives within existing companies.
Content (valid 01.08.2018-31.07.2020):
The course focuses on the domain of organizational renewal and growth, by drawing on the framework of dynamic capabilities, and on tools companies can employ to access and design their internal environment to a) sense new opportunities, b) seize them, and c) reconfigure their sets. Such tools include the experimentation with business models to build ventures, the adoption of an ambidextrous mindset in managing and transforming innovation portfolios, the development of an entrepreneurial strategy and an ambidextrous culture, the reconfiguration of structures and resource leveraging systems. The course also focuses on the managerial capabilities needed to support the development of dynamic capabilities.
Assessment Methods and Criteria (valid 01.08.2018-31.07.2020):
Group project, Class contribution and participation.
Workload (valid 01.08.2018-31.07.2020):
- Contact hours: 22 hours (10x2 hours of teaching sessions; 1x2 hours for coaching on group project)
- Group assessment: 55-60 hours
- Individual assessment: 15-20 hours
- Self-study: 30-35 hours
Substitutes for Courses (valid 01.08.2018-31.07.2020):
Replaces the course TU-91.2014, TU-91.2034, TU-91.2038 and TU-E1020
Registration for Courses (valid 01.08.2018-31.07.2020):
The number of students is limited due to the case teaching approach and the requirements of the group project. Students have given priority as follows: 1) students of the Master's Programme in Industrial Engineering and Management, 2) students of the Master's Programme in Information Networks 3) students minoring in Creativity and Venturing, Strategy and Corporate Renewal, People, Organizing and Change, and Startup Minor. All other students will be chosen through a separate application process at the end of November and before the course starts. Bachelor students will be considered only if they have completed their bachelor thesis. A limited number of places are available for exchange students. More information on the application process can be found at the website of the course. Please note that it is not sufficient to enroll in Oodi.
Further Information (valid 01.08.2018-31.07.2020):
Although a variety of pedagogical methods will be used, classroom time will revolve primarily around the critical reflection on theoretical concepts and frameworks (assigned readings per teaching session), and around the critical analysis of case studies. As a result, class attendance and participation are highly advised, but not mandatory. Further, two coaching sessions will be offered to all group projects during the length of the course to advance their progress. Groups are highly recommended to engage with the responsible teacher and seek feedback while working on the group project.