Unit name | Enterprise Case |
---|---|
Unit code | INOVM0014 |
Credit points | 20 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
Unit director | Professor. Tom Ellson |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | Centre for Innovation |
Faculty | Faculty of Arts |
The unit aims to give students a starting point in the management, growth, and development of an enterprise. In this context, the unit will analyse how early stage enterprises can grow and develop through the creation of sustainable competitive advantage and sound operating practices.
In order to achieve this, the unit will take students through a number of functional areas of enterprise management. An understanding of particular features of management will be presented to provide students with technical skills and conceptual frameworks to implement sustainable growth and development strategies. Fundamental concepts for planning and running an enterprise will be addressed, including market analysis and marketing, competitor analysis, pricing, profitability forecasting, risk management, and legal issues.
As an essential part of the unit, students will be asked to analyse and present solutions to real enterprise issues. During these tasks, they will face challenges such as making decisions in the absence of perfect information, allocating resources, leading multi-disciplinary teams, defending their findings, or asking for resources to implement their enterprise plans.
At the end of the unit, it is expected that students will be able to:
10 x 3-hour seminars
The unit will be assessed by
(i) an individual 3000 – word essay worth 40%,
(ii) group work including a 10-minute enterprise case study presentation worth 20% (which will include peer assessment)
(iii) an interactive project worth 40%.
The essay intends to assess the application and evaluation of different management tools and techniques (ILO 1, 2, 3 & 4: understanding of the basic management functions, mainly analysing, planning, managing, and controlling; overview of the particular conditions that companies face when attempting to develop competitive advantages; critical reflection of case studies and their own experiences). The group case study exercise intends to give a holistic view of management while at the same time develop teamwork and leadership skills (ILOs 4-6: hands-on experience in enterprise management, the ability to reflect on their own previous experience, and skills to think strategically). The interactive project intends to demonstrate the ability to apply management concepts in practical environments (ILOs 1-6: developing and implementing competitive advantage, management functions, performance management and strategic thinking).