IB9PS-15 Design Thinking
Introductory description
This module is designed to guide the MSMS students through the process of product creation, from ideation through to commercialization and the successful implementation of its introduction into the marketplace.
Module aims
This module will;
- Provide students with an opportunity to examine different concepts and methodologies for generating ideas and design thinking
- Hone students’ critical thinking skills by looking at the value, use and effective application of design thinking ideas in organisations
- Enable students to turn their ideas into viable business plans
- Develop students’ skills in selecting the appropriate target for design thinking interventions
- Develop students’ research skills to analyse effective product marketing
- Develop students' awareness of the commercialisation process of innovative ideas
- Provide students with an opportunity to develop practical managerial skills, including decision making, commercial awareness and project managerial skills
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
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Creative Design Thinking
How to manage creativity
Generating ideas through design thinking
How ideas are commercialised -
Critically objective decision-making
Common decision making biases in the creative process
Motivational and Emotional Influences on Decision Making
Diversity as a means of recovering group advantages
The of Fairness and Ethics in the Decision -making -
Commercialization
Designing for competitive advantage
Creating a viable business model
Strategic and agile resourcing
The lean start-up methodology: MVP, experimentation, and validated learning -
Effective marketing project implementation
Network analysis
Sequencing
Scheduling
Resource allocation
Monitoring & Correction
Learning outcomes
By the end of the module, students should be able to:
- Demonstrate a comprehensive understanding of the underlying concepts of the various aspects of Design Thinking and its effective application in a marketing context strategic methods
- Demonstrate a comprehensive understanding of how to choose the appropriate target
- Analyse and evaluate design thinking as an integrative process
- Demonstrate critical objective thinking
Indicative reading list
Reading lists can be found in Talis
Research element
Demonstrate research skills to gain sufficient information to be able to meaningfully analyse effective product marketing
Subject specific skills
Demonstrate research skills to gain sufficient information to be able to meaningfully analyse effective product marketing
Transferable skills
Demonstrate decision making, commercial awareness and practical managerial skills
Written communication
Oral communication
Study time
| Type | Required |
|---|---|
| Lectures | 20 sessions of 1 hour (13%) |
| Supervised practical classes | 7 sessions of 1 hour (5%) |
| Private study | 49 hours (33%) |
| Assessment | 74 hours (49%) |
| Total | 150 hours |
Private study description
Preparation for lectures and workshops
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
|||
| Individual Assignment | 70% | 59 hours | Yes (extension) |
Reassessment component is the same |
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Assessment component |
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| Group presentation | 30% | 15 hours | No |
Reassessment component is the same |
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Feedback on assessment
via myWBS
Courses
This module is Optional for:
- Year 1 of TIBS-N500 MSc in Marketing and Strategy