| CODE | BEM1003 | ||||||||
| TITLE | The Dynamics of Enterprise Evolution | ||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||
| MQF LEVEL | 5 | ||||||||
| ECTS CREDITS | 5 | ||||||||
| DEPARTMENT | Business and Enterprise Management | ||||||||
| DESCRIPTION | This unit presents, in an applied manner, theoretical models and practical perspectives relating to the dynamics occurring in evolving organisations. Looking into the areas of entrepreneurship and leadership, this study unit offers an overview of the best practices to adopt as a means of leading change within enterprising organisations and the requirements for thriving in a competitive arena. Complementary, this unit provides participants with a deeper understanding of the contribution of customer insight to organisational learning and business development as a whole. During the unit, the dynamics that influence enterprise evolution will be defined, explored in detail, and applied through the identification of examples to be discussed in an interactive setting. Study-unit Aims: This study-unit aims to: - Provide students with a thorough understanding of the dynamics of modern enterprises responding to market shifts to stay ahead in an increasingly competitive climate; - Explain how enterprise management evolves when faced with uncertainty and changes characteristic of dynamic and complex environments; - Enhance awareness and appreciation of the significance of customer insight in stimulating and driving successful entrepreneurial activities and innovation; - Assist participants in developing a deeper understanding of the effectiveness of tailor-made and creative approaches to enterprise evolution and discovering the leadership factors that contribute to business success. Learning Outcomes: 1. Knowledge & Understanding By the end of the study-unit the student will be able to: - Comprehend the complexity and need to evaluate and manage the strategic implications of an evolving organisation; - Explain the process that every organisation and entrepreneur as a leader must go through to achieve their objectives, identifying where and how even top performers underachieve during the change process; - Appreciate the value of customer insight as a strategic form of knowledge that enables an organisation to learn and change to meet market demands fully; - Evaluate academic theories and methodological practices to develop targeted interventions and actions for the successful management of an evolving enterprise; - Identify the practical methods that can serve as a foundation for strategy in dealing with change and business development. 2. Skills By the end of the study-unit the student will be able to: - Compare the knowledge gained from various theoretical models and practical perspectives to foster business development; - Demonstrate the skills needed to deal with change and overcome the challenges that arise in evolving organisations to gain a much-needed competitive advantage in the marketplace. Main Text/s and any supplementary readings: Textbooks The relevant chapters to study from the following books will be highlighted during the course. - Baron, R. A., & Shane, S. A. 2008. Entrepreneurship: A process perspective. Thomson. South Western. - Kotter, J.P., 2012. Leading change. Harvard business press. - Dubrin, A.J., 2018. Leadership: Research findings, practice, and skills. Cengage Learning. Supplementary Readings: - Palmer, I., Dunford, R. and Buchanan, D., 2016. Managing Organizational Change: A Multiple Perspectives Approach. McGraw Hill. Additional Reading: Throughout the course, relevant readings from academic journals and business press will be presented to students in class or via the VLE. |
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| STUDY-UNIT TYPE | Lecture | ||||||||
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| LECTURER/S | Stephanie Fabri |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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