The aim of this course is to provide students with conceptual frameworks and related concepts and tools to solve innovation related challenges that companies constantly face. In order to grant comprehensive understanding and acquisition of these frameworks, the course is structured in lectures, workshops, and coaching sessions that revolve around a real innovation challenge faced by a Partner Company. This setting offers students the opportunity to practically apply and test the concepts learned in class (experiential learning).

Students will develop ways to drive corporate innovation. Equipped with state-of-the-art tools to foster capabilities, manage complex projects, and analyze innovation and entrepreneurial potential, students will take the role of top-management consultants and work in teams to solve the real-life corporate innovation challenges faced by the Partner Company.

Mirroring the approach of top management consultancies, teams are formed based on individual background, competence, and industry experience.

This course expects students to dedicate to constant high performance and to create excellent deliverables. In return, students participating in this course will receive a hands-on training pivotal for becoming a(n) (innovation) manager or a top management consultant with an entrepreneurial mindset.

After completing this highly interactive and practice-oriented course, students will have advanced their knowledge of and skills in:

Innovation Management and (Corporate) Entrepreneurship
- Identifying innovation related challenges that incumbent company face and apply tools to solve these challenges and foster innovation related capabilities in the company
- Learning about and applying state-of-the-art concepts and tools to develop solutions tailored to client needs
- Developing roadmaps for project implementation

Top Management Consulting & Project Management
- Successfully working with high-profile clients in consulting projects
- Applying tools to organize and coordinate complex and demanding consulting projects
- Building industry-related knowledge

Team Management & Communication Management
- Successfully and joyfully working in interdisciplinary and international teams
- Presenting with impact in front of senior executives
- Communicating complex findings in a structured and easy way

Mandatory attendance of all students at 1) kick-off, 2) mid-term presentation, 3) final presentation

Mandatory attendance of a minimum of members per team for remaining sessions - for details see kick-off

• Interactive theory inputs and best practice inputs
• In-class discussions
• Intra- and inter-team work
• Team coaching
• Development workshops
• Presentations in front of executives

· 40% Project Deliverables (Group Assessment)

· 20% Mid-term Presentation (Group Assessment)

· 20% Final Presentation (Group Assessment)

· 10% Professional Growth and In-class Contributions (Individual Assessment)

· 10% Reflection paper (Individual Assessment)

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.