MGB234 Managing Knowledge, Innovation, and Creativity
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | MGB234 |
|---|---|
| Prerequisite(s): | 96 credit points of completed studies |
| Antirequisite(s): | MGB355 |
| Equivalent(s): | MGB226, MGX226 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,124 |
| Pre-2021 CSP student contribution | $1,663 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,204 |
| International unit fee | $4,512 |
Unit Outline: Semester 1 2025, Gardens Point, Internal
| Unit code: | MGB234 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 96cp of completed study |
| Equivalent: | MGX226, MGB226 |
| Anti-requisite: | MGB355 |
| Coordinator: | Kavoos Mohannak | k.mohannak@qut.edu.au |
Overview
Managing knowledge and innovation are key drivers of success for many of today's firms and ventures and are integral to an organisation's ability to survive and thrive in a dynamic and competitive marketplace. The purpose of Managing Knowledge & Innovation is to extend your understanding of the human and technical systems of organisations by focusing on how information and knowledge can be harnessed for innovation and competitive advantage. With a focus on the theories and frameworks to inform decisions for organising human and technical systems, this unit develops your understanding of the meso-level responsibilities of management, and parallels.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify a wide range of conceptual and practical issues that need to be managed for knowledge and innovation. [KS 1.1,1.2]
- Apply knowledge management and innovation management frameworks to analyse and critique business issues. [HO 2.1, 2.2]
- Critique existing knowledge and innovation management practices in organizations and recommend and justify improvements. [HO 2.2]Relates to: UG Business Capabilities: HO (2.2)
- Apply reflective practice to assess the effectiveness and reasoning to make decisions. [TS 4.1]Relates to: UG Business Capabilities: TS (4.1)
- Communicate knowledge and innovation management concepts and solutions for specialist and professional audiences. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
Content
The content of this unit equips you with a strong conceptual and critical foundation for understanding current trends in knowledge and innovation management and encourages your ability to think critically and creatively. You will be introduced to a range of perspectives on importance of knowledge as a driver for innovation and value creation and gain a critical grounding in the tools, methods and techniques used in innovation management. The content is divided into three sections:
- Understanding Innovation, Knowledge and Creativity
- Managing for Innovation and Knowledge
- Developing dynamic capabilities of innovation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The learning experiences in this unit incorporate a range of learning activities including lectures and tutorials. The unit draws on a range of resources each week to explore innovation, knowledge and creativity. The design of this unit aims to foster innovative thought processes through ideation and evaluation of concepts through application and use of an innovation simulation. Students engage in critical enquiry by reflecting on the connection of innovation theory with their experiences of developing innovative business solutions. Class time in this unit has a high focus on active learning. The activities in the tutorials are closely aligned with the lecture content and the assessment activities.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessments in this unit are structured to provide you with a broad developmental understanding of how knowledge can be managed to support innovation and creativity in organisations.
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Innovation Simulation
You will use an online simulation tool to manage the innovation process for a company. Based on the simulation, you will write a reflective analysis of your decision to evaluate the outcome of your innovation solution and reflect on how the innovation process is approached.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), TS (4.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Innovation Case Study
You are required to write a real-world critical appraisal of an innovation undertaken by one of the industry or government organisation of your choice. In this assignment, you need to critically evaluate different dimensions and features of the innovation and provide creative recommendations for the further improvement of the innovation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Knowledge Management Plan
You have been appointed by a knowledge management officer to apply knowledge management frameworks to develop an action plan to address an emerging business issue. You will propose an innovative solutions and make recommendations for the knowledge management and innovation managing requirements that demonstrate the feasibility and impact of the solution.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.2), PC (3.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
There is no required textbook for this unit and custom-made/online reading materials will be provided to students via Canvas.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Innovation Simulation, Innovation Case Study
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, ULO3, Innovation Simulation, Knowledge Management Plan
KS (1.1): Discipline Knowledge
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Knowledge Management Plan
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Innovation Simulation
Unit Outline: Semester 1 2025, Online
| Unit code: | MGB234 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 96cp of completed study |
| Equivalent: | MGX226, MGB226 |
| Anti-requisite: | MGB355 |
Overview
Managing knowledge and innovation are key drivers of success for many of today's firms and ventures and are integral to an organisation's ability to survive and thrive in a dynamic and competitive marketplace. The purpose of Managing Knowledge & Innovation is to extend your understanding of the human and technical systems of organisations by focusing on how information and knowledge can be harnessed for innovation and competitive advantage. With a focus on the theories and frameworks to inform decisions for organising human and technical systems, this unit develops your understanding of the meso-level responsibilities of management, and parallels.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify a wide range of conceptual and practical issues that need to be managed for knowledge and innovation. [KS 1.1,1.2]
- Apply knowledge management and innovation management frameworks to analyse and critique business issues. [HO 2.1, 2.2]
- Critique existing knowledge and innovation management practices in organizations and recommend and justify improvements. [HO 2.2]Relates to: UG Business Capabilities: HO (2.2)
- Apply reflective practice to assess the effectiveness and reasoning to make decisions. [TS 4.1]Relates to: UG Business Capabilities: TS (4.1)
- Communicate knowledge and innovation management concepts and solutions for specialist and professional audiences. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
Content
The content of this unit equips you with a strong conceptual and critical foundation for understanding current trends in knowledge and innovation management and encourages your ability to think critically and creatively. You will be introduced to a range of perspectives on importance of knowledge as a driver for innovation and value creation and gain a critical grounding in the tools, methods and techniques used in innovation management. The content is divided into three sections:
- Understanding Innovation, Knowledge and Creativity
- Managing for Innovation and Knowledge
- Developing dynamic capabilities of innovation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The learning experiences in this unit incorporate a range of learning activities including lectures and tutorials. The unit draws on a range of resources each week to explore innovation, knowledge and creativity. The design of this unit aims to foster innovative thought processes through ideation and evaluation of concepts through application and use of an innovation simulation. Students engage in critical enquiry by reflecting on the connection of innovation theory with their experiences of developing innovative business solutions. Class time in this unit has a high focus on active learning. The activities in the tutorials are closely aligned with the lecture content and the assessment activities.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessments in this unit are structured to provide you with a broad developmental understanding of how knowledge can be managed to support innovation and creativity in organisations.
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Innovation Simulation
You will use an online simulation tool to manage the innovation process for a company. Based on the simulation, you will write a reflective analysis of your decision to evaluate the outcome of your innovation solution and reflect on how the innovation process is approached.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), TS (4.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Innovation Case Study
You are required to write a real-world critical appraisal of an innovation undertaken by one of the industry or government organisation of your choice. In this assignment, you need to critically evaluate different dimensions and features of the innovation and provide creative recommendations for the further improvement of the innovation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Knowledge Management Plan
You have been appointed by a knowledge management officer to apply knowledge management frameworks to develop an action plan to address an emerging business issue. You will propose an innovative solutions and make recommendations for the knowledge management and innovation managing requirements that demonstrate the feasibility and impact of the solution.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.2), PC (3.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
There is no required textbook for this unit and custom-made/online reading materials will be provided to students via Canvas.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Innovation Simulation, Innovation Case Study
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, ULO3, Innovation Simulation, Knowledge Management Plan
KS (1.1): Discipline Knowledge
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Knowledge Management Plan
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Innovation Simulation
Unit Outline: Semester 2 2025, Gardens Point, Internal
| Unit code: | MGB234 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 96cp of completed study |
| Equivalent: | MGX226, MGB226 |
| Anti-requisite: | MGB355 |
| Coordinator: | Kavoos Mohannak | k.mohannak@qut.edu.au |
Overview
Managing knowledge and innovation are key drivers of success for many of today's firms and ventures and are integral to an organisation's ability to survive and thrive in a dynamic and competitive marketplace. The purpose of Managing Knowledge & Innovation is to extend your understanding of the human and technical systems of organisations by focusing on how information and knowledge can be harnessed for innovation and competitive advantage. With a focus on the theories and frameworks to inform decisions for organising human and technical systems, this unit develops your understanding of the meso-level responsibilities of management, and parallels.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify a wide range of conceptual and practical issues that need to be managed for knowledge and innovation. [KS 1.1,1.2]
- Apply knowledge management and innovation management frameworks to analyse and critique business issues. [HO 2.1, 2.2]
- Critique existing knowledge and innovation management practices in organizations and recommend and justify improvements. [HO 2.2]Relates to: UG Business Capabilities: HO (2.2)
- Apply reflective practice to assess the effectiveness and reasoning to make decisions. [TS 4.1]Relates to: UG Business Capabilities: TS (4.1)
- Communicate knowledge and innovation management concepts and solutions for specialist and professional audiences. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
Content
The content of this unit equips you with a strong conceptual and critical foundation for understanding current trends in knowledge and innovation management and encourages your ability to think critically and creatively. You will be introduced to a range of perspectives on importance of knowledge as a driver for innovation and value creation and gain a critical grounding in the tools, methods and techniques used in innovation management. The content is divided into three sections:
- Understanding Innovation, Knowledge and Creativity
- Managing for Innovation and Knowledge
- Developing dynamic capabilities of innovation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The learning experiences in this unit incorporate a range of learning activities including lectures and tutorials. The unit draws on a range of resources each week to explore innovation, knowledge and creativity. The design of this unit aims to foster innovative thought processes through ideation and evaluation of concepts through application and use of an innovation simulation. Students engage in critical enquiry by reflecting on the connection of innovation theory with their experiences of developing innovative business solutions. Class time in this unit has a high focus on active learning. The activities in the tutorials are closely aligned with the lecture content and the assessment activities.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessments in this unit are structured to provide you with a broad developmental understanding of how knowledge can be managed to support innovation and creativity in organisations.
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Innovation Simulation
You will use an online simulation tool to manage the innovation process for a company. Based on the simulation, you will write a reflective analysis of your decision to evaluate the outcome of your innovation solution and reflect on how the innovation process is approached.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), TS (4.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Innovation Case Study
You are required to write a real-world critical appraisal of an innovation undertaken by one of the industry or government organisation of your choice. In this assignment, you need to critically evaluate different dimensions and features of the innovation and provide creative recommendations for the further improvement of the innovation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Knowledge Management Plan
You have been appointed by a knowledge management officer to apply knowledge management frameworks to develop an action plan to address an emerging business issue. You will propose an innovative solutions and make recommendations for the knowledge management and innovation managing requirements that demonstrate the feasibility and impact of the solution.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.2), PC (3.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
There is no required textbook for this unit and custom-made/online reading materials will be provided to students via Canvas.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Innovation Simulation, Innovation Case Study
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, ULO3, Innovation Simulation, Knowledge Management Plan
KS (1.1): Discipline Knowledge
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Knowledge Management Plan
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Innovation Simulation
Unit Outline: Semester 2 2025, Online
| Unit code: | MGB234 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 96cp of completed study |
| Equivalent: | MGX226, MGB226 |
| Anti-requisite: | MGB355 |
Overview
Managing knowledge and innovation are key drivers of success for many of today's firms and ventures and are integral to an organisation's ability to survive and thrive in a dynamic and competitive marketplace. The purpose of Managing Knowledge & Innovation is to extend your understanding of the human and technical systems of organisations by focusing on how information and knowledge can be harnessed for innovation and competitive advantage. With a focus on the theories and frameworks to inform decisions for organising human and technical systems, this unit develops your understanding of the meso-level responsibilities of management, and parallels.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify a wide range of conceptual and practical issues that need to be managed for knowledge and innovation. [KS 1.1,1.2]
- Apply knowledge management and innovation management frameworks to analyse and critique business issues. [HO 2.1, 2.2]
- Critique existing knowledge and innovation management practices in organizations and recommend and justify improvements. [HO 2.2]Relates to: UG Business Capabilities: HO (2.2)
- Apply reflective practice to assess the effectiveness and reasoning to make decisions. [TS 4.1]Relates to: UG Business Capabilities: TS (4.1)
- Communicate knowledge and innovation management concepts and solutions for specialist and professional audiences. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
Content
The content of this unit equips you with a strong conceptual and critical foundation for understanding current trends in knowledge and innovation management and encourages your ability to think critically and creatively. You will be introduced to a range of perspectives on importance of knowledge as a driver for innovation and value creation and gain a critical grounding in the tools, methods and techniques used in innovation management. The content is divided into three sections:
- Understanding Innovation, Knowledge and Creativity
- Managing for Innovation and Knowledge
- Developing dynamic capabilities of innovation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The learning experiences in this unit incorporate a range of learning activities including lectures and tutorials. The unit draws on a range of resources each week to explore innovation, knowledge and creativity. The design of this unit aims to foster innovative thought processes through ideation and evaluation of concepts through application and use of an innovation simulation. Students engage in critical enquiry by reflecting on the connection of innovation theory with their experiences of developing innovative business solutions. Class time in this unit has a high focus on active learning. The activities in the tutorials are closely aligned with the lecture content and the assessment activities.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
Assessments in this unit are structured to provide you with a broad developmental understanding of how knowledge can be managed to support innovation and creativity in organisations.
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Innovation Simulation
You will use an online simulation tool to manage the innovation process for a company. Based on the simulation, you will write a reflective analysis of your decision to evaluate the outcome of your innovation solution and reflect on how the innovation process is approached.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), TS (4.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Innovation Case Study
You are required to write a real-world critical appraisal of an innovation undertaken by one of the industry or government organisation of your choice. In this assignment, you need to critically evaluate different dimensions and features of the innovation and provide creative recommendations for the further improvement of the innovation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Knowledge Management Plan
You have been appointed by a knowledge management officer to apply knowledge management frameworks to develop an action plan to address an emerging business issue. You will propose an innovative solutions and make recommendations for the knowledge management and innovation managing requirements that demonstrate the feasibility and impact of the solution.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1, 1.2), HO (2.2), PC (3.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
There is no required textbook for this unit and custom-made/online reading materials will be provided to students via Canvas.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Innovation Simulation, Innovation Case Study
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, ULO3, Innovation Simulation, Knowledge Management Plan
KS (1.1): Discipline Knowledge
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Innovation Case Study, Knowledge Management Plan
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Knowledge Management Plan
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Innovation Simulation