LD 605: Leadership Innovation and Change

Credits 3.0

Innovation and change has become essential for growth and sustainability of organizations in an increasing technological age. This course will involve students in exploring the need for ongoing innovation and change in organizations. It will examine concepts such as disruptive innovation, manufacturer innovation, end-user innovation, affordable innovation, breakthrough innovation, and collaborative innovation. In addition, students will be exposed to the stages of innovation (ideation, selection, development and commercialization), the importance of critical organizational factors such as leadership commitment, shared vision, perception, strategy and promotion, effective communication and cross-functional teams, finance and budgetary allocation. Innovation will be studied for the positive value it can have on the organization’s efficiency, quality, extension of product lines, creation of new markets and reduced cost.