STR460 Managing Change and Innovation
It is often stated that making strategic decisions 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 radically different ways of thinking about and conducting work. This includes strategies aiming for growth (e.g. M&As), innovation, restructuring, offshoring/outsourcing and radical cost-cutting. Students gain hands-on experience through exercises, role play and case discussions of various aspects of planning and managing the transformation process. Themes include: setting up structures and processes that enable change and innovation, creating readiness for change, communicating a clear vision, mobilizing support, managing stakeholders, designing the transition process, handling unforeseen events, and developing capacity for parallel and subsequent changes.
Knowledge - upon successful completion the student
- can demonstrate knowledge and understanding of central themes within strategic change and innovation
- can demonstrate an understanding of research-based knowledge on strategic change and innovation processes
- has a critical and reflective approach to understanding transition processes at group and organizational level
- can demonstrate a reflective approach to real-life strategic change and innovation processes
Skills - upon successful completion the student can
- apply research-based models and theories to analyse strategic change and innovation processes
- reflect on the strengths and weaknesses of their own analysis
- organize and plan strategic change and innovation in an organization
- make research-based suggestions on how to manage strategic change and innovation
- can understand and communicate various different approaches to strategic change and innovation
- can understand and communicate various different reactions to strategic change and innovation
- can understand path dependencies and process dynamics
- can engage in a meaningful and reflective dialogue with industry/practitioners on strategic change
Experience-based learning is a core feature of this course. Classes consist of a combination of lectures, role play, case discussions and exercises. Students are expected to contribute and participate in discussions and exercises.
Enrollment to this course is limited to 40 students due to pedagogical methods and availability of group-based classroom. The deadline for registration for limited enrollment courses is earlier than for unlimited courses. For more information, please see:
Students will benefit from having an introductory strategy course with knowledge of strategic analyses and strategic choices.
Requirements for course approval
The pedagogical approach requires active student participation. Minimum 80% class attendance is therefore required for course approval.
Case-based individual home exam, eight hours, between 09:00 and 17:00 on the exam day. Maximum 10 pages.
List of articles and cases will be distributed electronically prior to course start.
Recommended background reading:
Balogun, J. Hope Hailey, V. and Gustafsson, S. 2016. Exploring Strategic Change. 4th ed. Pearson
- ECTS Credits
- Teaching language
Autumn. Offered autumn 2020.
Professor Christine B. Meyer, Department of Strategy and Management
Professor Inger G. Stensaker, Department of Strategy and Management