MQM1DIN-Digital Innovation

Module Provider: Business Informatics, Systems and Accounting
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2020/1

Module Convenor: Dr Yin Leng Tan

Email: y.l.tan@henley.ac.uk

Type of module:

Summary module description:

This module explores how existing and cutting-edge technologies can provide innovative digital business solutions. It involves the understanding of digital technology principles, values-based innovation, digital business ecosystems and platform ecosystems, and applies the emerging service science and service logic/thinking approaches to the development of digital business solutions. It covers innovations in processes, products, technology, services, and business models, as well as methods and models to create new business value in highly competitive and technology-rich environments.


Aims:

This module aims to provide the students with the skills, capabilities and knowledge that would enable them to contribute strongly to innovation and change in increasingly technology and information rich environments. Students will examine a range of digital technologies/innovations in development and gain an understanding of the innovation process and use of the technologies from both a theoretical and practical standpoint.


Assessable learning outcomes:

On completion of this module, the student should be able to:




  • Identify the way in which digital innovation can influence business strategies and development.

  • Demonstrate a conceptual grasp of a range of digital innovations including technology, product, process, service and business model innovations.

  • Identify disruptive technologies and how they add business value and support business strategy

  • Create and implemen t innovative technological strategies to support the development of new products, processes and services that align with the company’s business strategy, and develop and communicate compelling business proposals to support these.

  • Design and develop technology roadmaps, implementation strategies and transformation plans focused on digital technologies to achieve improved productivity, functionality and end user experience in an area of technology specialism;

  • Apply the service science/thinking/digital and business ecosystem concepts to the development of digital business solutions in a range of business and organisation situations.

  • Justify the value of technology investments and apply benefits management and realisation;

  • Monitor technology related market trends and research and collect competitive intelligence




  • Demonstrate self-direction and originality in solving problems, and act autonomously in planning and implementing digital and technology solutions specialist tasks at a professional level;


Additional outcomes:

Outline content:

This module will cover the following areas:




  • Introduction to technology and digital innovation

  • Model and concepts of organisations’ business objectives and strategy, its position in the market and how organisation adds value to its clients through the services and/or products they provide

  • Return on technology investment and technology market

  • Technology innovation –types on innovation, disruptive techno logy innovation,

  • Technology road-mapping concepts and methods and how to apply them;

  • Digital product and process innovation

  • Digital business and platform ecosystems

  • Service science and service innovation      

  • Diffusion of innovation and digital innovation strategies.


Brief description of teaching and learning methods:

Contact hours:
  Autumn Spring Summer
Practicals classes and workshops 14
Work-based learning 50
Guided independent study:      
    Wider reading (independent) 10
    Wider reading (directed) 37
    Peer assisted learning 5
    Advance preparation for classes 7
    Preparation for presentations 9
    Preparation of practical report 50
    Completion of formative assessment tasks 9
    Reflection 9
       
Total hours by term 0 200 0
       
Total hours for module 200

Summative Assessment Methods:
Method Percentage
Report 60
Oral assessment and presentation 30
Set exercise 10

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

Students will be required to produce a five-minute pitch/presentation (30%)  and 10 page A4 individual report (60%)based on the development of a new digital innovation business case for their chosen sector/industry that meets new business requirements through digital means by applying the models, techniques and methods from the module.



In addition, each student is required to contribute to the discussion forum in the form of resource sharing for knowledge co-creation as well as presenting the findings/outcomes (10%). 


Formative assessment methods:

All lectures will indicate the core material with an introduction to the topics. These are followed by workshops and case studies. Feedback will be provided in the end of each workshop for improvements and further considerations. Based on individual understanding, further reading will be recommended for their independent study.


Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment requirements for a pass:

Students will be required to obtain a mark of 50% or above based on the coursework.


Reassessment arrangements:

By re-submission of the coursework.


Additional Costs (specified where applicable):

Last updated: 27 August 2020

THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

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