MQM1DIN-Digital Innovation

Module Provider: Business Informatics, Systems and Accounting
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Spring / Summer term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Dr Yin Leng Tan
Email: y.l.tan@henley.ac.uk

Module Co-convenor: Dr Vaughan Michell
Email: v.a.michell@henley.ac.uk

Type of module:

Summary module description:

This module explores how existing and cutting-edge digital technologies can provide innovative digital business solutions and the models and techniques required to analyse and support them. It involves the understanding of digital technology principles, values-based innovation, digital business and platform ecosystems, and applies the emerging service science and ecosystem 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 digital 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 implement 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.

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


Additional outcomes:


  • ?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;

  • 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;


Outline content:

This module will cover the following areas:




  • Introduction to technology and digital innovation concepts; how technologies and innovation influences business strategy

  • Digital technology innovation –types on innovation, disruptive technology innovation, and digital capabilities

  • 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

  • Digital business model innovation

  • Innovation and diffusion



 


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 18
    Preparation of practical report 50
    Reflection 9
       
Total hours by term 0 200 0
       
Total hours for module 200

Summative Assessment Methods:
Method Percentage
Report 100

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

Students will be required to produce a 20 page A4 OR 5,000 words  individual report 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.


Formative assessment methods:

All lectures will detail the core material as they introduce the topics. The lectures are supported by workshops and case studies. Formative assessment also includes a five-minute pitch/presentation of your chosen innovation & context during the workshops as part of the coursework preparation exercise. Feedback will be provided at the end of each workshop for improvements and further considerations.


Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy “Penalties for late submission for Postgraduate Flexible programmes”, which can be found here: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmissionpgflexible.pdf
The Support Centres will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.
The University policy statement on penalties for late submission can be found at: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

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):

Required textbooks: £70


Last updated: 30 March 2023

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

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