BUSN20022 Disruption And Innovation Assignment
This unit provides students with a deeper understanding of the concept of disruption and how it is applied in business theories and practices. Clayton Christensen's (1995) term "disruptive innovation" describes a new product or service which creates a completely new market, and value network and replaces an old paradigm. BUSN20022 Disruption And Innovation Assignment
Over time, new technologies and value propositions have displaced many leading industries and businesses. Theories of disruption are now dominant in discussions about innovation. Students will be exposed to case studies that examine past, current, and future disruptors in order to learn about the fundamentals of disruptive theory.
Students who successfully complete this unit will be
able:
a. Review and discuss the key theories and models
for disruptive innovation within business contexts.
b. Describe and analyze the factors and conditions
which lead to disruptive innovations in business.
c.
Identify industries/firms/organizations facing disruptive innovation dilemmas
and exercise critical thinking and judgment in providing adaptive solutions.
Analyze critical exposure and response strategies to
manage disruptive innovation in existing organizations.
Topics covered by the unit
Definition of Business Disruption & Innovation.
The Theory and Effects of disruptive innovation
* Branding, business model, and disruptive innovation
Why great companies fail
* Social networks and online technologies: value and
innovation impetus
The
Adoption of Digital Concept
Performance, Demand, and Digital Disruption
* Gurus of Disruption
Disruptive Product Innovation Strategy & Forces of
Disruption
Learning outcomes for the course (CLOs): After completing
the course, the student should be in a position to:
* CLO1 Apply concepts and theories related to
entrepreneurship and innovation.
* CLO4 Use knowledge of commercial, industrial, and
financial principles as a guide to successful entrepreneurial activities.
* CLO2 Gather, distill and interpret data to analyze
business ventures.
* CLO3 Develop business innovation using analytical
skills and problem-solving strategies.
* CLO5 Be able to communicate and negotiate effectively
in order to achieve commercial and interpersonal outcomes.
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