Part A: Course Overview

Course Title: Innovation Management

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM4550

City Campus

Undergraduate

630H Management

Face-to-Face

Sem 1 2017,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021,
Sem 1 2022,
Sem 2 2022,
Sem 1 2023,
Sem 2 2023,
Sem 1 2024,
Sem 2 2024,
Sem 1 2025

BUSM4551

Singapore Inst of Management

Undergraduate

630H Management

Face-to-Face

Offsh3 17,
Offsh1 18,
Offsh3 18,
Offsh1 19,
Offsh3 19,
Offsh1 20,
Offsh3 20,
Offsh1 21,
Offsh3 21,
Offsh1 22,
Offsh3 22,
Offsh1 23,
Offsh3 23,
Offsh1 24,
Offsh3 24,
Offsh1 25

BUSM4553

RMIT University Vietnam

Undergraduate

630H Management

Face-to-Face

Viet1 2018,
Viet2 2018,
Viet3 2018,
Viet1 2019,
Viet2 2019,
Viet3 2019,
Viet1 2020,
Viet2 2020,
Viet3 2020,
Viet1 2021,
Viet2 2021,
Viet3 2021,
Viet1 2022,
Viet2 2022,
Viet3 2022,
Viet1 2023,
Viet3 2023,
Viet1 2024,
Viet2 2024,
Viet3 2024,
Viet1 2025

BUSM4650

RMIT Vietnam Hanoi Campus

Undergraduate

630H Management

Face-to-Face

Viet1 2020,
Viet2 2020,
Viet3 2020,
Viet2 2021,
Viet3 2021,
Viet2 2022,
Viet3 2022,
Viet1 2023,
Viet3 2023,
Viet1 2024,
Viet3 2024,
Viet1 2025

Flexible Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM4550

City Campus

Undergraduate

630H Management

Internet

JulDec2024 (All)

BUSM4552

Universitas Pelita Harapan

Undergraduate

630H Management

Face-to-Face

OFFSe22017 (UB3)

BUSM4552

Universitas Pelita Harapan

Undergraduate

630H Management

Face-to-Face

OFFSe22018 (UB3)

BUSM4700

Shanghai Uni of Int Bus & Econ

Undergraduate

630H Management

Face-to-Face

OFFSe22018 (All)

BUSM4700

Shanghai Uni of Int Bus & Econ

Undergraduate

630H Management

Face-to-Face

OFFSe22019 (All)

BUSM4700

Shanghai Uni of Int Bus & Econ

Undergraduate

630H Management

Face-to-Face

OFFSe22020 (All)

BUSM4700

Shanghai Uni of Int Bus & Econ

Undergraduate

630H Management

Face-to-Face

OFFSe22021 (All)

BUSM4700

Shanghai Uni of Int Bus & Econ

Undergraduate

630H Management

Face-to-Face

OFFSe22022 (All)

Course Coordinator: Dr Yuksel Ayden

Course Coordinator Phone: +61 3 9925 0372

Course Coordinator Email: yuksel.ayden@rmit.edu.au

Course Coordinator Location: Building 80, Level 9

Course Coordinator Availability: via Email


Pre-requisite Courses and Assumed Knowledge and Capabilities

None


Course Description

This course explores contemporary perspectives on creativity and innovation, emphasising their strategic role in building entrepreneurial organisations that can thrive in global markets shaped by evolving technological, social, and environmental trends. Through a blend of theory and practical tools, you will develop the skills to manage innovation processes and drive sustainable competitive advantage. Key topics include the innovation imperative, creative problem-solving approaches, innovation management strategies, and methods for measuring innovation performance. By the end of the course, you will be equipped with the skills and frameworks needed to effectively lead and manage innovation in dynamic business settings.


Objectives/Learning Outcomes/Capability Development

.


On successful completion of this course you will be able to:

1. Explain the relationship between creativity, innovation, and entrepreneurship, and their impact on business growth, sustainability, and value creation.   2. Investigate the factors that inhibit creativity in individuals and teams, as well as innovation within organisations, and recommend strategies to foster entrepreneurial behaviour.   3. Critique strategies and frameworks for innovation management and assess their effectiveness in achieving business goals.   4. Work individually and collaboratively to apply a range of tools and techniques that facilitate creative problem-solving and drive innovation.   5. Evaluate the characteristics of innovative organisations and propose actionable strategies for businesses to successfully emulate these traits.   6. Deliver effective presentation and communication skills in diverse business and professional contexts.


Overview of Learning Activities

In this course, you will be actively engaged in a variety of learning activities designed to support your development as an independent and collaborative learner. These activities will include both in-class and online components, comprising individual and group work. You may participate in quizzes, assignments, and discussions; engage with recommended readings; research, analyse, and present specific information; solve complex problems; deliver presentations; produce work across various media; and collaborate with peers on tasks and projects.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 

 


Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

For students enrolled in Melbourne Semester 1, 2025   Assessment Task 1: 30% Linked CLOs: 1, 2, 3   Assessment Task 2: 40% Linked CLOs: 4, 6   Assessment Task 3: 30% Linked CLOs: 1, 4, 5, 6

For students enrolled in Vietnam Semester 1, SIM Semester 1, SUIBE Semester 2 and RMITO Teaching Period 1 2025

Assessment Task 1: 30%
Linked CLOs: 1,2, 3

Assessment Task 2: 50% 
Linked CLOs: 4, 6 

Assessment Task 3: 20%
Linked CLOs: 1, 2, 3, 4, 5, 6