2014/2015 KAN-CCMVV1681U Design-Driven Innovation Strategy
English Title | |
Design-Driven Innovation Strategy |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | One Quarter |
Course period | Second Quarter |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Max. participants | 50 |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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Administrative contact: Karina Ravn Nielsen - electives.mpp@cbs.dk or direct phone: 38153782 | |
Main academic disciplines | |
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Last updated on 02-05-2014 |
Learning objectives | ||||||||||||||||||||||||
At the end of the course the students should be
able to:
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Course prerequisites | ||||||||||||||||||||||||
Students with diverse backgrounds and interests are welcome. The project developed in the course will provide opportunities for students to draw from what they have learned in other courses, as well as from their own experiences. The course is integrative and complementary with the offers of programs in strategy, innovation, and marketing. | ||||||||||||||||||||||||
Examination | ||||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||||
Design is increasingly becoming a major competitive weapon in
today’s competition, especially in advanced economies. In any
industry, whether in product or services, in consumer or industrial
markets, firms are achieving a remarkable competitive advantage
thanks to design, i.e. thanks to the capability to create products
and services that are more meaningful to customers. Large
and small companies such as Apple, Nintendo, Alessi, BMW,
Starbucks, Whole Foods Market, STMicroelectronics, Bayer, do not
compete only on technical functionality. They succeed by providing
people meaningful experiences that are also superior in terms of
emotional and symbolic value.
Executives who nowadays work in the field of strategy and innovation need to understand the role of design in business and how to create an organization with strong design capabilities. The course therefore provides the frameworks and tools for managers who want to master the power of design and become leaders in organizations that compete on design: - part 1 of the course focuses on how to develop a design-driven innovation strategy (i.e. how to define a design vision for a company; how to identify and select projects that create new emotional experiences for customers; how to profit from design) - part 2 focuses on the process to create breakthrough innovations based on design - part 3 focuses on the role of top executives on building design capabilities in their organization,by structuring the internal innovation team and by collaborating with external creative talent. The course is inherent to CBS’s current strategic focus on
design in business.
The course's development of personal competences: The course is intrinsically managerial: it is not a course on
how to design, but on how to be an executive who make business
through design. It is therefore targeted to students who want to
become leaders in manufacturing or service firms that compete on
design, with a position in the areas of strategy, innovation,
marketing, R&D, business development. More specifically, the
course develops capabilities to:
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Teaching methods | ||||||||||||||||||||||||
The course involves three complementary elements.
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a) Short lectures on design-driven innovation strategies, based on cases and frameworks. b) Case presentations from industry guests, who will also provide subject-relevant challenges that students work on during class hours in the Studio at Copenhagen Business School (www.cbs.dk/studio). c) Group projects of five (5) around developing a design vision for a company, transforming it into a strategy, and finding the relevant networks of creative talent with whom to cooperate. Students need to find existing firms who will provide them with a challenge on how to improve their design strategy and capabilities. Because of the interactive learning moments, class attendance and participation is highly encouraged. Given the teaching approach, there is a limit in the maximum number of students. |
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Further Information | ||||||||||||||||||||||||
This course is part of the minor in Design
Strategy
Changes in course schedule may occur Thursday 09.00-13.00, week 44-50 |
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Expected literature | ||||||||||||||||||||||||
Michael B. Beverland, 2005 “Managing the Design Innovation–Brand
Marketing Interface: Resolving the Tension between Artistic
Creation and Commercial Imperatives.” Journal of Product
Innovation Management, 22:193–207.
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