Enterprise: Design and Innovation (Level 8)
The Enterprise: Design and Innovation module in an accounting degree explores the intersection of creativity, entrepreneurship, and financial acumen in developing innovative business solutions. Key topics include the design thinking process, the role of innovation in enterprise success, and how to evaluate the financial viability of new ideas. Students learn to identify opportunities for innovation within existing business models and understand the importance of aligning design and innovation strategies with financial goals.
Through case studies and collaborative projects, the module emphasizes practical skills in conceptualizing and prototyping innovative solutions while considering cost implications and potential returns on investment. By the end of the course, students will be equipped to foster a culture of innovation and effectively assess the financial aspects of entrepreneurial initiatives in various organizational contexts.
Indicative Syllabus
Introduction to Innovation
This aspect of the programme will define and discuss the various types of innovation and creativity. In addition, principals of divergent and convergent thinking practices will be identified.
Innovation and the Creative Process
Understand the link between creativity and innovation. Various creative models, such as Wallas’ four Stage Sequence are explored. In addition, the learner will examine creative problem techniques, such as De Bono’s six thinking hats, and their implications. The learner will also explore how to systematically evaluate potential ideas garnered in the creative process.
Application of Innovation
Understand the process of developing new innovations and strategies to manage them. Develop an understanding of creative teamwork and acknowledge differing team roles in the process.
Enterprise Design
Understand theories of Enterprise Design including strategy, themes, practise, and framework. This will also cover the stages in the Enterprise Design process, prepare, Discover, define, ideate, validate, implement and Deliver.
Enterprise Design & Relationship Challenge
Understand the Relationship challenges between enterprise design and Technology focusing on Humanizing technology and Information systems for Enterprise Design.
Module Details
Enterprise: Design and Innovation (Level 8)
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