Decision Making for Innovation
UndergraduateGRF-IBA3132024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 13 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Decision Making for Innovation
About this subject
After successfully completing this subject, you should be able to:
- Discuss a range of key business strategy and innovation theories and models, including being able to determine which model/theory applies to specific types of companies, economies and industries.
- Critically analyse business cases in developing, implementing, and managing technology and innovation from a strategic perspective.
- Apply the theories and models to interpret, analyse and make recommendations on practical business technological innovation challenges and problems.
Assurance of Learning:
This course evaluates student performance for Assurance of Learning purposes for the program learning objective (PLO): Develop and apply interdisciplinary perspectives to contemporary business practices.
- Technological innovation and importance of strategy for sustainable development
- Industry Dynamics of Technological Innovation (1): Sources, Types and Patterns of Innovation
- Industry Dynamics of Technological Innovation (2): Competition
- Industry Dynamics of Technological Innovation (3): Timing of Entry
- Formulating Strategy for Technological Innovation (1): The organizational Strategic Direction
- Formulating Strategy for Technological Innovation (2): Collaboration Strategies
- Formulating Strategy for Technological Innovation (3): Protecting Innovation
- Implementing Strategy for Technological Innovation (1): Organizing for Innovation
- Implementing Strategy for Technological Innovation (2): New Product Development and Responsible Innovation towards Sustainable Development
- Implementing Strategy for Technological Innovation (3): Innovation Teams for New Product Development
- Implementing Strategy for Technological Innovation (4): Crafting a deployment strategy
- The future of strategic innovation and technology
This subject is aimed at undergraduate students wishing to develop greater understanding of some of the complex issues facing organisations today and in the future. As traditional sources of competitive advantage are being eroded, managing change and innovation is becoming a crucial factor in the survival and performance of business organisations. As innovation and technology are key drivers of organisational success, economic growth, and sustained business competitiveness, the effective management of innovation and technology should provide solutions and strategies to tackle major challenges such as climate change and responsible production and consumption from business organisations. As parts of this subject, students will explore the following broad areas: competitive industry dynamics, sources and patterns of technological innovation, formulating and devising innovation strategy, and implementing strategy for technological innovation, and responsible innovation for sustainability.
Students should not enrol in this subject if they have completed 3051IBA Decision Making for Innovation at Griffith University.
- Online Quiz (20%)
- Presentation (30%)
- Case Analysis Report (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
With a network of campuses spanning three cities in South East Queensland, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from over one hundred countries, Griffith's dedication to academic excellence is available across Australia through OUA.
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- QS Ranking 2024:
- 18
- Times Higher Education Ranking 2024:
- 20
Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateGRF-BUS-DEG
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