Innovation Management

Enseignants

Gailly Benoît;

Langue
d'enseignement

Anglais

Préalables

This course is reserved for students with a bachelor's degree in business engineering or students with equivalent quantitative method skills.

Contenu

The objective of this class is to introduce the main conceptual frameworks, analytical tools and issues related to the management of innovation and its implications, in particular regarding new ventures.
We also address some key implications of innovation management regarding opportunity identification, assessment and implementation.
Finally, we also introduce students to the challenges of consensus-based decision-making in uncertain and ambiguous environments
Class structure:
1. Build a shared vision of innovation
1.1. Why it matters : innovation management capabilities (out of scope – see LSMS 2116)
1.2. Innovation as a business: more than creativity
1.3. Innovation as a process: beyond ideation
1.4. Innovation typology: more than new products
1.5. Innovation strategies: beyond new product development (out of scope – see LSMS 2116)
1.6. Drivers of innovation strategies: beyond hype (out of scope – see LSMS 2116)
2. Manage entrepreneurial ecosystems (out of scope – see LSMS 2043)
3. Identify attractive innovation opportunities
3.1. Identify the sources of innovations – beyond R&D
3.2. Foster organizational learning – beyond ideation
3.3. Harvest and protect organizational knowledge assets (out of scope – see LSMS 2041 and LSMF2011)
3.4. Integrate external sources of knowledge
4. Develop a balanced portfolio of business models
4.1. Business model design – asking the right questions
4.2. Designing competitive business models – why and what
4.3. Mobilizing the right resources – who and how much
4.4. Valuating innovative business models – quantifying the unquantifiable
4.5. Building a consistent and balanced innovation portfolio
5. Implementation: fail fast and win big
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (out of scope – see LSMS 2043)

Méthodes d'enseignement

En raison de la crise du COVID-19, les informations de cette rubrique sont particulièrement susceptibles d’être modifiées.

The pedagogical methods used include lectures, case study and testimonials, pre-readings  and student presentations

Modes d'évaluation
des acquis des étudiants

En raison de la crise du COVID-19, les informations de cette rubrique sont particulièrement susceptibles d’être modifiées.

Continuous evaluation

• See LSMS 2042

Evaluation week

• Oral: No
• Written: No
• Unavailability or comments: No

Examination session (January)

• Oral: 3 Students/hour
• Written: No
• Unavailability or comments: Teacher-run schedule

Comments: Compulsory attendance for group workshops and corporate testimonials
Students who fail the January exam can have a second chance in September (oral exam or written work if student is abroad)

Autres infos

This class is coupled with LSMS 2042 Developing Innovative Ventures

Ressources
en ligne

Bibliographie

Reference book: Navigating Innovation (Palgrave, 2018)

Recommended readings:

• Tidd J., Bessant D. (2018) Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Edition, Wiley
• Berkun, S (2007) The myths of innovation, O'Reilly
• Schilling M.A. (2006) Strategic Management of Technological Innovation, McGraw-Hill
• Robertson, D. (2014) Brick by brick: How Lego rewrote the rules of innovation, RH

Support de cours

• Class presentations available on Moodle

Faculté ou entité
en charge

CLSM