Government of the Russian Federation Saint Petersburg State University Graduate School of Management WORKING PROGRAM OF AN ACADEMIC DISCIPLINE Entrepreneurship, Organizational Change and Open Innovation Предпринимательство, организационные изменения и открытые инновации Study language English Workload 6 credits Working program registration number: Faculty or other Approval year Index number or structural code cipher department code / / Saint Petersburg – 2012 Part 1. Characteristics, structure and content of academic studies 1.1. 2. Goals and results of academic studies. The aim of the International Summer School is to provide students with an insight of the most relevant topics when trying to develop new business ideas, as well as a profound understanding of the opportunities and challenges managers face in context of entrepreneurial decision making processes, and/or change management. We will integrate perspectives of international companies operating in both developed and developing markets. 1.2. Requirements to a student`s preparedness for mastering the content of academic studies (prerequisites) Strategic Management 1.3. The list of competences developed (study results). Competence code GC-1 GC-2 Competence description Competences in the field of general culture (GC) Ability to increase own cultural and intelligence level GC-5 Ability to use the knowledge of modern science and education discoveries for solving educational and professional problems Ability to work with professional texts in English and Russian GC-6 Ability to make organizational and managerial decisions and evaluate their consequences PC-1 Professional competences (PC) Ability to manage organizations, departments, teams, projects and networks PC-4 PC-1.4 Ability to develop programs for organizational development and changes and ensure their implementation Ability to depelop programs of organizational development of emerging Russian and international companies 1.4. Knowledge, skills and acquirements got by a student. Through participating in the seminar the students will: learn to understand the basic approaches in entrepreneurship in various business contexts, how to create an entrepreneurial business, enrich business ideas and negotiate with professional investors; gain a better understanding of innovation strategies and decision making processes in new business development; understand contemporary theories and approaches to change management, learning the main sources of the resistance to change and tools to manage that resistance validate and enrich the knowledge gained in a real-life group project. 1.5. The list and volume of active and interactive forms of academic studies. The course integrates various teaching methods such as theory lectures, case studies, discussions, and a real-life group project with a multinational company. Substantial classroom discussion is encouraged and expected. All students are required to work on the group project during the course. 1.6. Academic studies organization. 1.6.1. Workload, volumes of academic work and fill rate of students groups (Workload and academic work volumes distribution is shown along with the recommended limits of groups fill rate in modules and types of academic work in the table) Workload 6 0 101 0 0 29 6 Practical exercises Lab exercises Tests 3 4 5 6 7 M2.212 15 27 2 0 0 0 0 3 2 0 Total: 15 27 2 0 0 0 0 3 2 0 Interim attestation Consulatations 15 Seminars 14 Lectures Interim attestation 29 Current control 0 Using methodological materials 0 With presence of teacher 101 Under guidance of teacher 0 13 2 Current control 17 12 1 Colloquia 16 11 Modul e code 8 9 10 Study forms Volume of Active and interactive academic classes forms Out of class workload, hours In-class workload, hours 1.6.2. Types, forms and dates of the current academic progress control and interim attestation. (Types, forms and dates of the current academic progress control and interim attestation are shown in modules within a discipline and in forms of study) Code of module Interim attestation Current control within a Types Dates Forms Dates discipline Full-time study format Written assignments Group project Will be specified according to the schedule of the classes Will be specified according to the schedule of the classes Written in-class exam 1.7. Structure and content of academic studies Organizational Change To be announced later Faculty: Prof. Galina Shirokova DESCRIPTION Three-day session on Organizational Change Management is designed to present to the student a pattern of contemporary theories and approaches to change management, to explain what are the main sources of the resistance to change and give them tools to manage that resistance. Within this session, students discuss opportunities and challenges of Russian entrepreneurial companies and implementing change management practices in Russian business. Session 1: Tuesday, September 4 Organizational life cycle In this session we will learn how to define the stage of organizational life cycle; what are the main problems of each stage and how to overcome these problems. In particular the main focus will be on: - Adizes’ model of organizational lifecycle and main problems at the different stages - Normal and abnormal problems of organization. How to overcome the problems at the different stages of organizational life cycle. - How to rejuvenate the aging company. Corporate governance and OLS. Cases and videos involving organizational life cycle model will be discussed during the session: Video “Go-Go company”, “How to rejuvenate an aging company” Case “The Untsiya company: Business development in Russia”. The session is organized with a mix of lectures, case studies, exercises, videos. Associated readings and cases: Adizes I. Organizational passages – diagnosing and treating lifecycle problems of organizations. Organizational Dynamics. 8 (1), 1979: 3-25. Case: G. Shirokova, G. Vega. The Untsiya company: Business development in Russia. Session 2: Wednesday, September 5 Transition from entrepreneurship to professional management In this session we will learn how to make transition from entrepreneurship to professional management in entrepreneurial company. In particular the main focus will be on: - Transition from entrepreneurship to professional management - Pyramid of organizational development. Stages of organizational growth by E. Flamholtz. - Comparison of professional management and entrepreneurial management. - The ten most common organizational growing pains. Steps of transition to professional management. - Management and mismanagement styles. What is a good manager? Cases and videos involving transition from entrepreneurship to professional management will be discussed during the session: Video “Transition from entrepreneurship to professional management” Case “DiPaul, Inc.: Transitioning in Measured Steps». Class discussion. The session is organized with a mix of lectures, case studies, exercises, videos. Associated readings and cases: Flamholtz E., Hua W. Strategic Organizational Development, Growing Pains and Corporate Financial Performance: An Empirical Test. European Management Journal. 2002. 20 (5); 527-536. Case: G. Shirokova, T. Kozyreva, G. Vega. DiPaul, Inc.: Transitioning in Measured Steps. Session 3: Thursday, September 6 Nature of Organizational Change In this session we will discuss approaches to organizational change and how to make design choice according to organizational change context. In particular the focus will be on: - Models of and approaches to organizational change. The change kaleidoscope - Design choices. Organizational change context. Three change states - Reasons for resistance to change. How to overcome the resistance to change? - Lewin’s force field analysis. Theories E and O of change. Case and videos involving change management models will be discussed during the session: - Case “Laboratory of Management: The Transfomation of Lubimy Kray Confectionery Company». - Video “What does it mean to manage well?” - Video “How to Manage People through Continuous Change” The Corporate Entrepreneurship Lab Faculty Professor Christopher Lettl, Professor Galina Shirokova, Thomas Funke, Stefan Perkmann Berger Introduction and Pre-Works: Monday, September 3 Workshop 1: Friday, September 7 Introduction to the topic of business ethnography Description: In the first part of the class students will receive input about business ethnography. In the second part of the class students have the chance to experience the method business ethnography on the basis of a field-study. Session 2: Saturday, September 8 Exploring customer needs related to the topic of intermodality Description: Students will go out and will observe and understand customers of public transportation and try to explore market gaps. Based on the insights gained by students they will develop first business ideas addressing the identified market gaps. Assignment Questions: 1. Develop more than 5 different business ideas on how to address the identified customer needs in the market. Session 3: Sunday, September 9 Individual coaching and framing of the business ideas Description: Students will present their business ideas to the project partner and receive feedback helping them to select the best ideas to further work on. Assignment: 1. Prepare a pitch presentation based on the framework of the corporate entrepreneurship lab (introduced to students in the kick-off session) Session 4: Monday, September 10 Introduction to the ecosystem analysis – part I: learning from analogies & antilogies Assignment: 1. Prepare a pitch presentation about the main analogies & antilogies and the learnings for the respective business idea. Session 5: Tuesday, September 11 Introduction to the ecosystem analysis – part II: getting an understanding of the market and strategic positioning on the value chain Assignment: 1. Prepare a pitch presentation about the main characteristics of the market in which you are operating and your position on the value chain. Session 6: Wednesday, September 12 Development of an innovative business model Assignment: 1. Prepare a pitch presentation about the main fields of your business model. The focus should be on the customer value proposition and on different revenue models. Session 7: Thursday, September 13 Learn how to successfully pitch a business idea to investors or promoters. Assignment: 1. Prepare a pitch presentation for the closing event with the project partner. The pitch presentation should include the main points of interest for an investor, i.e. customer problem/need, solution/product, customer benefits, market and business model. Session 8: Friday, September 14 (Final Presentations) Teams will make an oral presentation of their projects to the Top Management of the partner company. Part 2. Academic discipline support 2.1. Methodological support 2.1.1. In-class work methodological support Core literature, slides, cases, hand-outs 2.1.2. Out of class work methodological support Core literature, slides, cases, hand-outs 2.1.3. Methodology for the control of current academic progress, interim attestation and assessment criteria After the course students will be assessed based on their: Ability to understand the strategic issues related to new business development and change management. Performance in the exam Active participation in class The quality of the project work and presentation - by quality in this context we mean the clarity and persuasiveness of each bit of the work. Peer review, i.e., ability to work in teams. Students failing to participate in their teams will lose the mark for that piece of work. Grading of the Entrepreneurship and Organizational Change course will be divided into two parts according to two topics: Assessment Kapsch Entrepreneurship Project Organizational Change Part 70% 30% ASSESSMENT of Organizational Change part The student assessment is composed of the following performance elements: - Analysis and solutions to the three cases account totally for 30% (3 cases x 10%); - Final test at the end of the third day accounts for the 70% of the grade. ASSESSMENT of Kapsch Entrepreneurship Project The student assessment is composed of the following performance elements: - In class: 4x pitch-presentations & 4x written reports (pitch-book) = max 60 points (60 %) - Each submission (pitch-book) = max 15 points (60%) - Final pitch-presentation & final pitch-book = max 40 points (40%) Individual up-/and down-grading based on Individual In-Class participation Peer ratings At the beginning of the course the students get information concerning the details of evaluation system. At the last class the students get the final evaluation grade for work during semester. If a student misses an assignment because of the illness, he may be allowed to prepare an additional assignment. If the reason for missing the class is not appropriate, a student gets 0. 2.1.4. Methodological materials for the current academic progress control and interim attestation (monitoring and test materials) To carry out monitoring and interim evaluation are used: — Handouts prepared by the professor. — Suggested literature 2.2. Staff acquisition 2.2.1. Requirements for the education level and (or) qualification of regular lecturers and other people allowed to teach a discipline. Degree and professional competence in the field of strategic management and entrepreneurship. 2.2.2. Requirements for the availability of auxiliary educational and (or) other staff 2.2.3. Methodological materials for the assessment of the study process content and quality by students 2.3. Material and technical support 2.3.1. Requirements for auditoria (rooms, seats) Lectures are held in classrooms equipped with projectors and document cameras. 2.3.2. Requirements for auditorium equipment including general computer equipment and public domain software The software of general use MS Word, Excel, PowerPoint. 2.3.3. Requirements for specialized equipment 2.3.4. Requirements for application software 2.3.5. Requirements for the list and volume of consumable materials 2.4. Information support 2.4.1. Compulsory literature list 1. Balogun J., V. Hope Hailey “Exploring Strategic Change”. Pearson Education Limited, 2010. Ch. 1-3. 2. Timmons J., Spinelli S. New venture creation: Entrepreneurship for 21st centure. 2009. Ch. 3, 5, 6, 8. 2.4.2. Supplementary literature list Adizes I. Organizational passages – diagnosing and treating lifecycle problems of organizations. Organizational Dynamics. 8 (1), 1979: 3-25. Balogun J., V. Hope Hailey “Exploring Strategic Change”. Pearson Education Limited, 2008. Ch. 1-3. Beer M., Nohria N. Cracking the Code of Change. Harvard Business Review. May-June 2000: 133-141. Flamholtz E., Hua W. Strategic Organizational Development, Growing Pains and Corporate Financial Performance: An Empirical Test. European Management Journal. 2002. 20 (5); 527-536. Lodish, L.M.; Morgan, H.L., Archambeau, S. (2007). Marketing that works: How entrepreneurial marketing can add sustainable value to any sized company, Wharton School Publishing. Ogawa, S. and Piller, F. T. (2006) Reducing the risks of new product development. MIT Sloan Management Review, 47 (2), pp. 65-71. Von Hippel, E., Thomke, S. and Sonnack, M. (2000). Creating Breakthroughs at 3M. Harvard Business Review 77 (5): 47-57. Lilien, G.L., Morrison, P.D., Searls, K., Sonnack, M. and von Hippel, E. (2002). Performance assessment of the lead user idea-generation process for new product development. Management Science, 48 (8): 1042-1059. Luethje, C. and Herstatt, C. (2004). The Lead User method: an outline of empirical findings and issues for future research. R&D Management, 34 (5): 553-568. Lettl, C., Herstatt, C., Gemuenden, H. G., 2006. Users' contributions to radical innovation: evidence from four cases in the field of medical equipment technology. R&D Management 36, 251-272. 2.4.3. Other information sources list Cases: Shirokova, G. Vega. The Untsiya company: Business development in Russia. Chaika V., Shirokova G. Laboratory of Management: The Transfomation of Lubimy Kray Confectionery Company. Shirokova, G., Kozyreva, T., Vega, G. DiPaul, Inc.: Transitioning in Measured Steps. Part 3. Procedure of development and approval of the discipline working program Developer (s) of the discipline working program Name Degree Status Position Contact information Doctor Degree in Economics Professor Shirokova G.V. Graduate School of Management, SPbU shirokova@gsom.pu.ru, +7 812 323 84 53 Lettl Ch. Ph.D. Professor Vienna University of Economics and Business christopher.lettl@wu.ac.at; Tel.: +43-1-31336-4585 In accordance with the procedure of external and internal expertise of educational programs defined by the order of the first vice rector on teaching and research signed on 18.02.2009, № 195/1, a 2-level procedure was conducted: 1st level (assessment of the content and methods used in the program) Department Date of meeting Minutes number 2nd level (correspondence to the goals and study plan of educational program) The 2nd level expertise is conducted in accordance with the order Order Executive person Date of the order number Number of Date of the document the issue Executive department document Other documents on assessment of the discipline working program Quality assessment Number of the Date of the document issue document document Approval of the discipline working program Number of the Approved by Date of approval document Introduction of changes in a discipline working program Number of the Approved by Date of approval document