BIK 2943 Board Development, Innovation Management and Social Responsiblity
The course provide professional specialization in three focus areas: 1) board development, 2) innovation management, and 3) reputation / social responsibility / ethics.
The three focus areas catch emerging trends of our time: Innovation and change management are becoming increasingly important in a society in rapid technological and social evolution. Reputation, social responsibility and ethics are receiving increased attention in a more and more transparent and communicative world. And, last but not least, this increases the demands on leadership skills and managerial development. At a time when both industry and society expect the board to take an active role in the formulation of corporate strategy, it is also important that the board has expertise in these areas.
The course combines theory and practice: It gives participants insight into the main contribution to the fundamental thinking in the three focus areas, and combines it with 'hands on' experience from practical cases.
Understand how the company should develop itself and its governance function within a coherent framework for optimal business management. This includes, understand the chairman's special role and tasks as well as the challenges facing external directors and employee representatives.
Understand challenges in managing entrepreneurship, innovation and restructuring of enterprises. This includes understanding the governance hurdles in phases of corporate development from entrepreneur phase until mature product; and governance challenges of intrapreneurship and restructuring in mature companies.
Understand the importance of reputation issues, social responsibility and ethics as governance challenges in an increasingly transparent and communicative world. This Includes understanding how reputation, corporate responsibility and ethics can be actively used in corporate value creation.
Ability to facilitate and promote a good and active Board management of the Board. Including ability on behalf of the Board to continuously communicate well with the general manager - shareholders employee representatives - and other stakeholders
- Knowledge of methods and tools to promote appropriate development from entrepreneurship towards a mature company, seen from a Board perspective.
- Insight into approaches and tools to work systematically with reputation, social responsibility and ethics, and the Board's role in such matters.
To take ethical considerations in the boardroom by positively influencing the attitudes of Board members
Development of respect for the complexity of the Board's work
Respect for the time required for preparation in order to exercise solid work in the Board
- The role of the Board executive
· The Chairman's special role and tasks
· Leadership and teamwork on the Board, the shareholders / owners and the executive management
· The Board as a value-creating team - Team Development
· The Boards strategic control
· The external chairman, a management resource
Entrepreneurship, innovation and restructuring of enterprises
- Management of entrepreneurship, innovation and change in rapidly evolving firms
- Management challenges in phases of corporate development from the entrepreneurial phase until the mature product phase
- Management challenges of intrapreneurship and restructuring in mature companies
- Balancing efficiency and creativity
- Practical examples
Reputation, social responsibility and ethics
· Reputation issues, social responsibility and ethics as Board challenges
· How reputation, corporate responsibility and ethics can be actively used in corporate value creation
· Stakeholders and stakeholder analysis
· Ethical and societal reflection as Board concerns
· Practical applications
The course consists of 36 hours of instruction, module based, total 5 or 6 days during one semester.
Study progression is ensured through debates and discussions during the modules. Students are given councelling during various phases of their project work.
They must submit a preliminary theme/issue that they want to work on, together with an indication of relevant literature following the first session. The lecturer will provide feedback on this and coach the student group during the teaching sessions.
The course consists of 36 lessons over 6 days, completed in modules of 2 days - one for each focus area.
Higher Education Entrance Qualification
There are no requirements, but BIK 2940 Board Competence from BI, or equivalent courses with exam certificate from other Norwegian Colleges / Universities may be of advantage.
|Exam category||Weight||Invigilation||Duration||Grouping||Comment exam|
Form of assessment:
Internal and external examiner
Examination when next scheduled course
|100||No||1 Semester(s)||Group/Individual (1 - 3)||Examination form is term paper.The term paper will be set at the beginning of the semester and must be submitted at the end of the semester. The term paper may be done in groups of 1 to maximum 3 students.|
|Form of assessment:||Written submission|
|Grouping (size):||Group/Individual (1-3)|
|Comment:||Examination form is term paper.The term paper will be set at the beginning of the semester and must be submitted at the end of the semester. The term paper may be done in groups of 1 to maximum 3 students.|
|Exam code:||BIK 29431|
|Resit:||Examination when next scheduled course|
|Workload activity||Duration||Type of duration||Comment student effort|
|Teaching||36||Hour(s)||Participation in teaching|
|Prepare for teaching||80||Hour(s)||Preparation for lectures / reading literature|
|Examination||54||Hour(s)||Writing term paper|
|Group work / Assignments||15||Hour(s)||Exercises|
|Self study||15||Hour(s)||Self-study and study groups|
|Comment:||Participation in teaching|
|Workload activity:||Prepare for teaching|
|Comment:||Preparation for lectures / reading literature|
|Comment:||Writing term paper|
|Workload activity:||Group work / Assignments|
|Workload activity:||Self study|
|Comment:||Self-study and study groups|
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.
BIK 2907 Styrekompetanse II, 100%