Innovation, Strategy and Sustainability

MQF Level 7

6 Credits (ECTS)

Innovation, Strategy and Sustainability

Start
October 2024
Module Type
Elective
Price
€875
ECTS Credits
6 Credits (ECTS)
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Get 70% back via Tax Credit

€613 refund on this module

Module Description

This module will develop your knowledge of innovation, strategy and sustainability.  

You will delve into strategic planning, industry positioning and how to maximise resources. T

his module also explores the overall landscape, as well as the consequences and impacts of innovation on environmental sustainability.  

You will also examine the strategic challenges within the ecosystem and assess how successful businesses have overcome them.  

Additionally, the module highlights ways on dealing with the creation and evolution of new markets, including responses to radical innovation and innovation failure.

You will also benefit from understanding how competitive and corporate strategy form the bases of successful business management. 

Entry Requirements

Candidates who apply for this course must possess one of the following: 

  • a Level 6 degree; 

 OR  

  • a Level 5 diploma or higher diploma and 5 years’ work experience in a supervisory or managerial role. 

 

Preference is given to applicants having a Level 6 degree in a discipline related to the study programme and a minimum of 3 years’ work experience in management 

 

Target Audience

This course is targeted at management professionals with supervisory and/or middle management experience such as:  

  • Operations Manager/ Coordinator 
  • Financial Manager 
  • Supply Chain Manager 
  • Shop Floor Manager/ Supervisor 
  • Marketing and Sales Manager 
  • Services Manager/ Supervisor. 
  • Retail Managers/ Supervisors 
  • Transport Managers 
  • Maintenance Managers 
  • Marketing Managers 

The target group focuses primarily on people already employed within supervisory and managerial roles who wish to have a more thorough background in the subject in order to progress further in their careers. 

Module / Unit Instructions

The proposed structure comprises a blended approach promoting the building of a community of practice via peer-to-peer learning. The structure uses primarily two dimensions of teaching-learning modes:

1. Face-to-face sessions: 18 hours

2. Online Learning Activities: 12 hours

Face to Face sessions

Face-to-face sessions include lectures, tutorials, discussions, presentations and workshop activities promoting peer-to-peer learning.

Online Learning Activities

Online learning activities incorporate tutorials and asynchronous discussions. These may consist of active interaction, participation and contributions in fora discussions, sharing resources and self-reflection exercises.

Learners also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.

The tutor provides continual support during both teaching -learning modes by providing information, readings and tasks relevant to the module in question.

The tutor provides continuous formative feedback as an on-going guidance during the student’s learning experience in preparation for their summative assessment.

How you’ll be assessed

Assessment of each module consists of two assignments, each carrying a weighting as below:

a) One Formative assignment carries 20% of total module mark achieved. b) One Summative assignment carries 80% of total module mark achieved.

For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in both the formative and the summative assignment.

The overall grade achieved for each module is calculated as the sum of: · 20% of the mark achieved for formative assignment; and · 80% of the mark achieved for the summative assignment.

All assignment tasks of both formative and summative assessment aim to provide the learner an opportunity to produce evidence of his/her competences aligned to the learning outcomes of each individual Module.

Assessment

a) Formative assessment tasks are provided in the form of structured online discussions that support learners in their development throughout all of the modules studied.

Such discussions are facilitated and monitored by lecturer who provides students with constructive feedback to help them improve and prepare for summative assignment and dissertation.

For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in the formative assignment.

Formative assessment tasks will contribute to the student’s final mark to acknowledge their work and give chance to improve.

This method allows students to also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.

b) Summative assessment is done via one assignment at the end of each module. The mode of assessment varies and may include in-class assignments, and home-based written assignments.

The recommended assessment tool for this module is an essay title or case studies based on relevant real-life scenarios.

Word count range: 3000 ± 10% For successful completion of a study module the student is required to achieve a minimum of 41% pass mark in summative assignment.

Assignment
Discussions

Module Intake Dates

October 2024
Price
€875

Additional Info

Reading for the entire Master of Science (M.Sc.) in Management as presented in this brochure costs €9,775.*  

Upon successful completion of this course, students will be eligible for a 70% refund of the cost through the ‘Get Qualified’ scheme.** 

Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.***  

*Prices are applicable to students who reside in Malta at the time of applying. 

**Terms and conditions apply.  

*** For the price of individual modules, please contact the IDEA Academy team.  

Learning Outcomes

Competences:

At the end of the module/unit the learner will have acquired the responsibility and autonomy to:

  • Critically analyse the relationship between strategy, innovation and sustainability how this knowledge is applied to entrepreneurship.
  • Propose how data collection, artificial intelligence and machine learning can be used to enhance business.
  • Evaluate the traditional and innovative design of strategic planning.
  • Critically analyse the challenges associated with strategy and innovation and propose relevant solutions as applied for enterprise.
  • Critically assess the impact on environmental sustainability and the role of climate change for firm competitiveness.
  • Develop a strategic holistic proposal based on knowledge of global challenges, emerging technologies and governance.
  • Critically analyse the importance and application of eco-systems in entrepreneurship.

Knowledge: 

At the end of the module/unit the learner will have been exposed to the following:

  • The relation between strategy, innovation and sustainability.
  • Innovation through data, Artificial Intelligence and Machine Learning.
  • The nature of innovation process.
  • The globalization effect, emerging technologies, emerging economies and governance impact on entrepreneurship.
  • Sustainable innovation embedded with environmental sustainability.

Skills:

At the end of the module/unit the learner will have acquired the following skills:

  • Evaluate the functions of innovation, strategy and sustainability.
  • Critically analyse what constitutes technology innovation and modern technology and how the knowledge of it can be applied in business.
  • Review the innovation process and propose relevant adjustments.
  • Analyse the globalisation effects and that of emerging technologies and economies on entrepreneurs to recommend relevant modernisations.
  • Critically evaluate the nature, determinants and consequences of sustainable innovation and environmental sustainability and propose how this can be used to run innovative entrepreneurial enterprise.

Module-Specific Digital Skills and Competences:

The learner will be able to:

  • Navigate through the online learning platform to find assignments, discussion boards, literature, tutorials etc.
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