30259 - NEW PRODUCTS AND PRODUCT MANAGEMENT
Department of Marketing
JOACHIM VOSGERAU
Mission & Content Summary
MISSION
CONTENT SUMMARY
- Identification of opportunities for new product/services.
- Designing and engineering new products/services.
- Systematic techniques to develop new product/service ideas.
- Creative templates for systematic product idea generation.
- Testing and launching of new products/services.
Intended Learning Outcomes (ILO)
KNOWLEDGE AND UNDERSTANDING
- Define the five templates of innovation and how each is used in the innovation process.
- Identify the principles of systematic innovation.
- Identify the limitations and weaknesses of traditional brainstorming.
APPLYING KNOWLEDGE AND UNDERSTANDING
- Produce unique ideas and concepts by applying each of the innovation templates to a specific category of products or services.
- Relate innovative concepts to a marketing strategy framework.
- Compile a hypothetical product or service catalog using concepts generated in the course to represent a portfolio growth strategy for a company.
- Describe a method of measuring innovation.
- Apply group facilitation techniques to lead small groups in the use of innovation templates.
Teaching methods
- Face-to-face lectures
- Guest speaker's talks (in class or in distance)
- Group assignments
DETAILS
Attending students work on a group project developing a new product idea throughout the course. In the final classes, teams present their new product concepts.
Assessment methods
Continuous assessment | Partial exams | General exam | |
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ATTENDING STUDENTS
- 50% of the grade is composed of project work during semester.
- 50% of the grade is composed of a final, written exam.
The project is applied to one or more templates, according with the topics developed during the course. The project is assessed by a representative of the company and the course instructor.
The exam is held in written form. It is made up of questions referring to cases, talks and related concepts, models and tools presented and discussed in class and in the textbook.
NOT ATTENDING STUDENTS
Non-attending students are evaluated in a final exam in written form. The exam consists of questions referring to the concepts, models and cases described in the textbook.
The questions are aimed at verifying learning of the systematic creativity approach, its templates and their correct comprehension, and at assessing the ability to apply the knowledge students learn when studying the textbooks.
Teaching materials
ATTENDING STUDENTS
- Slides and guest lectures.
- D. BOYD, J. GOLDENBERG. Inside the Box: A Proven System of Creativity for Breakthrough Results (English Edition), 2013.
NOT ATTENDING STUDENTS
- D. BOYD, J. GOLDENBERG. Inside the Box: A Proven System of Creativity for Breakthrough Results (English Edition), 2013.