LD 605: Leadership Innovation and Change

Credits 3.0

Innovation and change have become essential for growth and sustainability of organizations in an increasing technological age. This course involves students in exploring the need for ongoing innovation and change in organizations. It examines concepts such as disruptive innovation, manufacturer innovation, end-user innovation, affordable innovation, breakthrough innovation, and collaborative innovation. In addition, students are 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 is studied for the positive value it can have on the organization’s efficiency, quality, extension of product lines, creation of new markets and reduced costs.