21E00052 - Data-Driven Business, Lecture, 23.10.2023-23.11.2023

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Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

The course provides an in-depth understanding of digitalization and its implications for corporations. The student will gain an understanding of the key technological changes and their impact on management, organizing, and work. The course covers the impact of big data, artificial intelligence, and various mobile technologies on business models and ecosystems across retail, service, and manufacturing industries, and elaborates how these changes are reflected in strategy, organizational design, and work roles.

Skills:
-Students will be able to analyze digital disruption of industries and to create realistic scenarios of potential development paths.
-Students will be able to assess and design business models that take advantage of digital data and formulate business development plans that take advantage of modular architectures and platforms.
-Students are able to scrutinize existing business processes and assess how their digitalization.

Credits: 6

Schedule: 23.10.2023 - 23.11.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Henri Schildt

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    The course introduces the key drivers behind on-going "digitalization" and its transformative effects on industries, companies, and management practice. The course examines digital transformation from the perspectives of strategy, management practice, organizational design, and work processes.

Assessment Methods and Criteria

  • valid for whole curriculum period:

    1. Participation and contributions in the classroom (10%)
    2. Group assignments, including peer evaluation (20%)
    3. Individual assignments (70%)

Workload

  • valid for whole curriculum period:

    Interactive sessions 28h
    Assingments (individual work) 70h
    Readings & self-study videos 32h
    Group assignments 30h

    Total 160h (6 ECTS)

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    10 Reduced Inequality

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Autumn II
    2022-2023 Spring III
    2023-2024 Autumn II
    2023-2024 Spring III

    Enrollment :

    Students are admitted to the course in the following priority order 1) Management and International Business / Strategic Management in a Changing World / Information and Service Management / Global Management / CEMS students, 2) Entrepreneurship and Innovation Management / IDBM students, 3) BIZ exchange students, 4) Other students

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof