Business model innovation strategies, 12 credits

Strategier för affärsmodellsinnovation, 12 hp

TEIN02

Main field of study

Industrial Engineering and Management

Course level

Second cycle

Course type

Programme course

Examiner

Johan Holtström

Director of studies or equivalent

Daniel Ellström

Education components

Preliminary scheduled hours: 96 h
Recommended self-study hours: 224 h

Main field of study

Industrial Engineering and Management

Course level

Second cycle

Advancement level

A1F

Specific information

May not be included in the same degree as TEAE12.

Not generically selectable for students in semester 7 and above, see Entry requirements.

Course offered for

  • Master of Science in Industrial Engineering and Management - International
  • Master of Science in Industrial Engineering and Management

Entry requirements

This course concludes the master profile Strategic Management and Control for the I/Ii program, and it is required that the student has already passed the preparatory profile courses. Prior to the start of the course, the examiner/director of studies will verify that participating students have sufficient knowledge, see information under Prerequisites.

Prerequisites

Corporate Strategies, Management Control and one more elective course from the master profile Strategic Management and Control.

Intended learning outcomes

Upon completing the course, students should be able to carry out systematic strategic analyses of industrial companies and apply different approaches to strategic change aiming at developing companies’ businesses. The course builds on, and deepens knowledge from the courses in business strategies and financial management within the Master Profile Strategic Management and Control. More specifically, students should be able to:

  • Apply different methods and tools for strategic analyses and change as well as understand the possibilities and challenges to be found in strategy development and strategic change management in industrial companies
  • Understand strategic congruence and the interplay between strategic management and management control and how this contributes to the development of long-term sustainable competitive advantage in modern industrial organizations.
  • Carry out systematic analyses, through the application of strategic methods and tools, of industrial companies and identify areas for improvement, both from a technical and a strategic point of view, as well as discuss societal effects.
  • Communicate analyses and solutions to industrially oriented strategic challenges and argue for their applicability from both a theoretical and practical perspective.
  • Follow and contribute in academic discussions regarding research in strategic management realted to business model innovation, strategic change and contemporary relevant phenomena likded to, for example digitalisation, data-driven decision making and sustainability.

Course content

Strategic analysis and methods for strategic change, which is part of the subject industrial management, is about solving problems from an industrial perspective, where the student integrated uses both technical, economic and societal knowledge. The course takes a starting point in industrial companies' strategy work to capture current and relevant strategic challenges facing the company. The content of the course focuses on strategic development and strategic change in these types of companies, where corporate strategy is integrated with deep technical knowledge in order to find improvement potentials and propose solutions to identified problems. Changes in focus can be about creating more efficient industrial activity systems, developing technical abilities or driving innovation and growth, implementing data-driven or digitized business models, developing a business model with a more sustainable and circular approach in the company's value creation network.

The course content also includes how the company relates to changes in the outside world (technical, economical as well as societal), how to analyze and develop an industrial company's business model (for example, through increased use of big-data, or through an increased focus on reduced environmental impact in the value chain) and its value-creating processes (e.g. together with other actors). Some concepts discussed are strategic analysis, strategic development, strategic change and adaptation, business model innovation, dynamic capabilities, value creation and strategic congruence.

For more details, see course web page.

Teaching and working methods

Lectures, Seminars (e.g. case and literature seminars), Project work.

Examination

UPG1Compulsory Seminars2 creditsU, G
PRA1Project5 creditsU, 3, 4, 5
MUN1Oral Examination5 creditsU, 3, 4, 5

Grades for examination modules are decided in accordance with the assessment criteria presented at the start of the course.

Grades

Four-grade scale, LiU, U, 3, 4, 5

Other information

About teaching and examination language

The teaching language is presented in the Overview tab for each course. The examination language relates to the teaching language as follows: 

  • If teaching language is “Swedish”, the course as a whole could be given in Swedish, or partly in English. Examination language is Swedish, but parts of the examination can be in English.
  • If teaching language is “English”, the course as a whole is taught in English. Examination language is English.
  • If teaching language is “Swedish/English”, the course as a whole will be taught in English if students without prior knowledge of the Swedish language participate. Examination language is Swedish or English depending on teaching language.

Other

The course is conducted in such a way that there are equal opportunities with regard to sex, transgender identity or expression, ethnicity, religion or other belief, disability, sexual orientation and age.

The planning and implementation of a course should correspond to the course syllabus. The course evaluation should therefore be conducted with the course syllabus as a starting point. 

The course is campus-based at the location specified for the course, unless otherwise stated under “Teaching and working methods”. Please note, in a campus-based course occasional remote sessions could be included.  

Department

Institutionen för ekonomisk och industriell utveckling

Course literature

Books

  • Amit, Raphael, Zott, Christoph, (2021) Business model innovation strategy : transformational concepts and tools for entrepreneurial leaders
    ISBN: 9781119689683, 1119689686

Other

  • Relevant articles

Code Name Scope Grading scale
UPG1 Compulsory Seminars 2 credits U, G
PRA1 Project 5 credits U, 3, 4, 5
MUN1 Oral Examination 5 credits U, 3, 4, 5

Grades for examination modules are decided in accordance with the assessment criteria presented at the start of the course.

Course syllabus

A syllabus must be established for each course. The syllabus specifies the aim and contents of the course, and the prior knowledge that a student must have in order to be able to benefit from the course.

Timetabling

Program courses are timetabled after a decision has been made for this course concerning its assignment to a timetable module. Single subject courses can be timetabled at other times.

Interruption in and deregistration from a course

The LiU decision, Guidelines concerning confirmation of participation in education, Dnr LiU-2020-02256 (https://styrdokument.liu.se/Regelsamling/VisaBeslut/764582), states that interruptions in study are to be recorded in Ladok. Thus, all students who do not participate in a course for which they have registered are therefore obliged to report the interruption so that this can be noted in Ladok. Deregistration from or interrupting a course is carried out using a Web-based form.

Cancelled courses and changes to the course syllabus

Courses with few participants (fewer than 10) may be cancelled or organised in a manner that differs from that stated in the course syllabus. The Dean is to deliberate and decide whether a course is to be cancelled or changed from the course syllabus. For single subject courses, the cancellation must be done before students are admitted to the course (in accordance with LiUs regulation Dnr LiU-2022-01200, https://styrdokument.liu.se/Regelsamling/VisaBeslut/622645).

Guidelines relating to examinations and examiners 

For details, see Guidelines for education and examination for first-cycle and second-cycle education at Linköping University, Dnr LiU-2023-00379  (http://styrdokument.liu.se/Regelsamling/VisaBeslut/917592).

An examiner must be employed as a teacher at LiU according to the LiU Regulations for Appointments, Dnr LiU-2022-04445 (https://styrdokument.liu.se/Regelsamling/VisaBeslut/622784). For courses in second-cycle, the following teachers can be appointed as examiner: Professor (including Adjunct and Visiting Professor), Associate Professor (including Adjunct), Senior Lecturer (including Adjunct and Visiting Senior Lecturer), Research Fellow, or Postdoc. For courses in first-cycle, Assistant Lecturer (including Adjunct and Visiting Assistant Lecturer) can also be appointed as examiner in addition to those listed for second-cycle courses. In exceptional cases, a Part-time Lecturer can also be appointed as an examiner at both first- and second cycle, see Delegation of authority for the Board of Faculty of Science and Engineering.

Forms of examination

Principles for examination

Written and oral examinations and digital and computer-based examinations are held at least three times a year: once immediately after the end of the course, once in August, and once (usually) in one of the re-examination periods. Examinations held at other times are to follow a decision of the faculty programme board.

Principles for examination scheduling for courses that follow the study periods:

  • courses given in VT1 are examined for the first time in March, with re-examination in June and August
  • courses given in VT2 are examined for the first time in May, with re-examination in August and January
  • courses given in HT1 are examined for the first time in October, with re-examination in January and August
  • courses given in HT2 are examined for the first time in January, with re-examination in March and in August.

The examination schedule is based on the structure of timetable modules, but there may be deviations from this, mainly in the case of courses that are studied and examined for several programmes and in lower grades (i.e. 1 and 2). 

Examinations for courses that the faculty programme board has decided are to be held in alternate years are held three times during the school year in which the course is given according to the principles stated above.

Examinations for courses that are cancelled or rescheduled such that they are not given in one or several years are held three times during the year that immediately follows the course, with examination scheduling that corresponds to the scheduling that was in force before the course was cancelled or rescheduled.

When a course, or a written or oral examination (TEN, DIT, DAT, MUN), is given for the last time, the regular examination and two re-examinations will be offered. Thereafter, examinations are phased out by offering three examinations during the following academic year at the same times as the examinations in any substitute course. The exception is courses given in the period HT1, where the three examination occasions are January, March and August. If there is no substitute course, three examinations will be offered during re-examination periods during the following academic year. Other examination times are decided by the faculty programme board. In all cases above, the examination is also offered one more time during the academic year after the following, unless the faculty programme board decides otherwise. In total, 6 re-examinations are offered, of which 2 are regular re-examinations. In the examination registration system, the examinations given for the penultimate time and the last time are denoted. 

If a course is given during several periods of the year (for programmes, or on different occasions for different programmes) the faculty programme board or boards determine together the scheduling and frequency of re-examination occasions.

For single subject courses, written and oral examinations can be held at other times.  

Retakes of other forms of examination

Regulations concerning retakes of other forms of examination than written examinations and digital and computer-based examinations are given in the LiU guidelines for examinations and examiners, Dnr LiU-2023-00379 (http://styrdokument.liu.se/Regelsamling/VisaBeslut/917592).

Course closure

For Decision on Routines for Administration of the Discontinuation of Educational Programs, Freestanding Courses and Courses in Programs, see Dnr LiU-2021-04782 (https://styrdokument.liu.se/Regelsamling/VisaBeslut/1156410). After a decision on closure and after the end of the discontinuation period, the students are referred to a replacement course (or similar) according to information in the course syllabus or programme syllabus. If a student has passed some part/parts of a closed program course but not all, and there is an at least partially replacing course, an assessment of crediting can be made. For questions about the crediting of course components, contact the Study councellors.

Registration for examination

In order to take an written, digital or computer-based examination, registration in advance is mandatory, see decision in the university’s rule book Dnr LiU-2020-04559 (https://styrdokument.liu.se/Regelsamling/VisaBeslut/622682). An unregistered student can thus not be offered a place. The registration is done at the Student Portal or in the LiU-app during the registration period. The registration period opens 30 days before the date of the examination and closes 10 days before the date of the examination. Candidates are informed of the location of the examination by email, four days in advance. 

Code of conduct for students during examinations

Details are given in a decision in the university’s rule book, Dnr LiU-2020-04559 (http://styrdokument.liu.se/Regelsamling/VisaBeslut/622682).

Retakes for higher grade

Students at the Institute of Technology at LiU have the right to retake written examinations and digital and computer-based examinations in an attempt to achieve a higher grade. This is valid for all examination components with code “TEN”, “DIT” and "DAT". The same right may not be exercised for other examination components, unless otherwise specified in the course syllabus.

A retake is not possible on courses that are included in an issued degree diploma. 

Grades

The grades that are preferably to be used are Fail (U), Pass (3), Pass not without distinction (4) and Pass with distinction (5). 

  • Grades U, 3, 4, 5 are to be awarded for courses that have written or digital examinations.
  • Grades Fail (U) and Pass (G) may be awarded for courses with a large degree of practical components such as laboratory work, project work and group work.
  • Grades Fail (U) and Pass (G) are to be used for degree projects and other independent work.

Examination components

The following examination components and associated module codes are used at the Faculty of Science and Engineering:

  • Grades U, 3, 4, 5 are to be awarded for written examinations (TEN) and digital examinations (DIT).
  • Examination components for which the grades Fail (U) and Pass (G) may be awarded are laboratory work (LAB), project work (PRA), preparatory written examination (KTR), digital preparatory written examination (DIK), oral examination (MUN), computer-based examination  in a computer lab (DAT), digital preparatory written examination in a computer lab (DAK), home assignment (HEM), and assignment (UPG).
  • Students receive grades either Fail (U) or Pass (G) for other examination components in which the examination criteria are satisfied principally through active attendance such as tutorial group (BAS) or examination item (MOM).
  • Grades Fail (U) and Pass (G) are to be used for the examination components Opposition (OPPO) and Attendance at thesis presentation (AUSK) (i.e. part of the degree project).

In general, the following applies:

  • Mandatory course components must be scored and given a module code.
  • Examination components that are not scored, cannot be mandatory. Hence, it is voluntary to participate in these examinations, and the voluntariness must be clearly stated. Additionally, if there are any associated conditions to the examination component, these must be clearly stated as well.
  • For courses with more than one examination component with grades U,3,4,5, it shall be clearly stated how the final grade is weighted.

For mandatory components, the following applies (in accordance with the LiU Guidelines for education and examination for first-cycle and second-cycle education at Linköping University, Dnr LiU-2023-00379 http://styrdokument.liu.se/Regelsamling/VisaBeslut/917592): 

  • If special circumstances prevail, and if it is possible with consideration of the nature of the compulsory component, the examiner may decide to replace the compulsory component with another equivalent component.

For possibilities to alternative forms of examinations, the following applies (in accordance with the LiU Guidelines for education and examination for first-cycle and second-cycle education at Linköping University, Dnr LiU-2023-00379 http://styrdokument.liu.se/Regelsamling/VisaBeslut/917592): 

  • If the LiU coordinator for students with disabilities has granted a student the right to an adapted examination for a written examination in an examination hall, the student has the right to it.
  • If the coordinator has recommended for the student an adapted examination or alternative form of examination, the examiner may grant this if the examiner assesses that it is possible, based on consideration of the course objectives.
  • An examiner may also decide that an adapted examination or alternative form of examination if the examiner assessed that special circumstances prevail, and the examiner assesses that it is possible while maintaing the objectives of the course.

Reporting of examination results

The examination results for a student are reported at the relevant department.

Plagiarism

For examinations that involve the writing of reports, in cases in which it can be assumed that the student has had access to other sources (such as during project work, writing essays, etc.), the material submitted must be prepared in accordance with principles for acceptable practice when referring to sources (references or quotations for which the source is specified) when the text, images, ideas, data, etc. of other people are used. It is also to be made clear whether the author has reused his or her own text, images, ideas, data, etc. from previous examinations, such as degree projects, project reports, etc. (this is sometimes known as “self-plagiarism”).

A failure to specify such sources may be regarded as attempted deception during examination.

Attempts to cheat

In the event of a suspected attempt by a student to cheat during an examination, or when study performance is to be assessed as specified in Chapter 10 of the Higher Education Ordinance, the examiner is to report this to the disciplinary board of the university. Possible consequences for the student are suspension from study and a formal warning. More information is available at Cheating, deception and plagiarism.

Linköping University has also produced a guide for teachers and students' use of generative AI in education (Dnr LiU-2023-02660). As a student, you are always expected to gain knowledge of what applies to each course (including the degree project). In general, clarity to where and how generative AI has been used is important.  

Regulations (apply to LiU in its entirety)

The university is a government agency whose operations are regulated by legislation and ordinances, which include the Higher Education Act and the Higher Education Ordinance. In addition to legislation and ordinances, operations are subject to several policy documents. The Linköping University rule book collects currently valid decisions of a regulatory nature taken by the university board, the vice-chancellor and faculty/department boards.

LiU’s rule book for education at first-cycle and second-cycle levels is available at https://styrdokument.liu.se/Regelsamling/Innehall

Books

Amit, Raphael, Zott, Christoph, (2021) Business model innovation strategy : transformational concepts and tools for entrepreneurial leaders

ISBN: 9781119689683, 1119689686

Other

Relevant articles

Note: The course matrix might contain more information in Swedish.

I = Introduce, U = Teach, A = Utilize
I U A Modules Comment
1. DISCIPLINARY KNOWLEDGE AND REASONING
1.1 Knowledge of underlying mathematics and science (G1X level)
X
MUN1
Use knowledge from previous courses within the master profile
1.2 Fundamental engineering knowledge (G1X level)
X
MUN1
Use knowledge from previous courses within the master profile
1.3 Further knowledge, methods, and tools in one or several subjects in engineering or natural science (G2X level)
X
X
UPG1
PRA1
MUN1
Teaching for the intended learning outcomescourse 
1.4 Advanced knowledge, methods, and tools in one or several subjects in engineering or natural sciences (A1X level)
X
PRA1
Use the course content on a deened level in the project papers
1.5 Insight into current research and development work
X
X
X
UPG1
PRA1
Through project work, seminars, and case seminars.
2. PERSONAL AND PROFESSIONAL SKILLS AND ATTRIBUTES
2.1 Analytical reasoning and problem solving
X
X
UPG1
PRA1
MUN1
Problem formulation, analysis and rekommendations connected to project work, literature seminars and case seminars
2.2 Experimentation, investigation, and knowledge discovery
X
X
UPG1
PRA1
Formulate and identify problems
2.3 System thinking
X
X
UPG1
PRA1
Based on identified problems, prioritize and focus solutions based on relevant analysis and prioriites
2.4 Attitudes, thought, and learning
X
UPG1
PRA1
MUN1
Plan and realize literature seminars, and case seminars as well as project work
2.5 Ethics, equity, and other responsibilities
X
UPG1
PRA1
MUN1
Great personal responsibility in planning and implementing the various elements of the course, taking into account a professional conduct, reliability and loyalty to own activities as well as in the group's work and to the other course participants' contributions.
3. INTERPERSONAL SKILLS: TEAMWORK AND COMMUNICATION
3.1 Teamwork
X
UPG1
PRA1
Create groups where there is an opportunity to use the participants' respective educational backgrounds to create effective groups
3.2 Communications
X
X
UPG1
PRA1
MUN1
Communicate relevant information both in writing and orally in projects, seminars and other examinations
3.3 Communication in foreign languages
X
UPG1
PRA1
MUN1
Literature in Enligsh, and possibility to write the project in English.
4. CONCEIVING, DESIGNING, IMPLEMENTING AND OPERATING SYSTEMS IN THE ENTERPRISE, SOCIETAL AND ENVIRONMENTAL CONTEXT
4.1 External, societal, and environmental context
X
X
UPG1
PRA1
MUN1
Through discussions of phenomena around the companies' context in relation to seminars, projects and examinations.
4.2 Enterprise and business context
X
X
UPG1
PRA1
MUN1
Related to the companies' strategic change and business model development.
4.3 Conceiving, system engineering and management
X
X
UPG1
PRA1
Identify phenomena for strategic change
4.4 Designing
X
X
UPG1
PRA1
Analyze phenomena for strategic change
4.5 Implementing
X
X
UPG1
PRA1
Discuss opportunities for implementation linked to strategic change
4.6 Operating
X
X
X
UPG1
PRA1
How solutions to identified problems can be implemented in companies being studied.
5. PLANNING, EXECUTION AND PRESENTATION OF RESEARCH DEVELOPMENT PROJECTS WITH RESPECT TO SCIENTIFIC AND SOCIETAL NEEDS AND REQUIREMENTS
5.1 Societal conditions, including economic, social, and ecological aspects of sustainable development for knowledge development
X
X
UPG1
PRA1
Within the framework of identified challenges linked to the project
5.2 Economic conditions for knowledge development
X
X
UPG1
PRA1
Within the framework of identified challenges linked to the project
5.3 Identification of needs, structuring and planning of research or development projects
X
X
UPG1
PRA1
Identify, understand and analyze strategic change in companies.
5.4 Execution of research or development projects
X
X
UPG1
PRA1
Introduced to the writing process around more extensive investigations / projects
5.5 Presentation and evaluation of research or development projects
X
X
UPG1
PRA1
Oral and written presentation, and evaluation through project work, seminars and critical discussions.

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