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Unit of Study

Business Innovation and Sustainability
UoS Code IBUS6012
Credit points 6
Offered Semester 2
Prerequisites None
Assumed Knowledge IBUS5002, or completion of at least 24 credit points
Additional Information
Lectures 1x 3 hr lecture/seminar per week
Assessment market opportunity report (30%), mid-semester exam (20%), major project presentation (20%: group - 10%, individual - 10%), major project written report (25%), participation (5%)
Description Businesses are increasingly challenged to build sustainability into their core business model. Sustainability is now driving disruptive innovation. This unit centres on addressing significant business and societal challenges by exploring and devising value capturing opportunities from sustainability based innovation. Topics include global theory and practice in business innovation and sustainability, market transformation, design thinking, disruption and business model design. It also explores the processes involved in innovation which drive growth. This unit is structured around learning from engaged practice. Students are required to work with businesses in capitalising on disruptive innovation opportunities in a way which delivers social, economic and environmental returns.