It is often stated that making strategic decisions around change and innovation is the easy part, implementing them is the hard part. In this course we draw on cases and research to discuss how to implement strategies that require radical change and innovation in established firms. This includes strategies aiming for renewal, innovation, restructuring, offshoring/outsourcing and other radical changes. Students gain hands-on experience through case discussions of various aspects of planning and managing the transformation/innovation process. Themes include: setting up structures and processes that enable change and innovation, understanding reactions to change and innovation, mobilizing support, managing stakeholders, orchestrating external partnerships, handling unforeseen events, and developing capacity for radical change and innovation.