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Global Trends, Business Innovations and ConceptsLaajuus (5 cr)

Code: LY00BJ58

Credits

5 op

Teaching language

  • English

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Materials

To be announced later

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.08.2025 - 30.09.2025

Timing

06.10.2025 - 15.12.2025

Number of ECTS credits allocated

5 op

Virtual portion

3 op

RDI portion

2 op

Mode of delivery

40 % Contact teaching, 60 % Distance learning

Unit

KAMK Master School

Teaching languages
  • English
Degree programmes
  • Master's Degree in Global Business Management
  • Master’s Degree in Game Business Management
Teachers
  • Sari Yli-Kauhaluoma
  • Tomasz Potocki
Groups
  • GBMY25S
    GBMY25S
  • FMGB25S
    FMGB25S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Materials

To be announced later

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.08.2024 - 31.12.2024

Timing

13.01.2025 - 30.04.2025

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

KAMK Master School

Teaching languages
  • English
Degree programmes
  • Master's Degree in International Business Management
Teachers
  • Sari Yli-Kauhaluoma
  • Tomasz Potocki
Groups
  • MGB24S
    MGB24S
  • MGBE24S
    MGBE24S
  • LBY24S
    LBY24S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Materials

To be announced later

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

02.08.2024 - 31.10.2024

Timing

01.09.2024 - 15.12.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

KAMK Master School

Teaching languages
  • English
Degree programmes
  • Master's Degree in Global Business Management
Teachers
  • Tommi Kyllönen
  • Tomasz Potocki
Groups
  • FMGB24S
    FMGB24S
  • GBMY24S
    GBMY24S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Materials

To be announced later

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.12.2023 - 27.02.2024

Timing

01.02.2024 - 15.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

3 op

RDI portion

2 op

Mode of delivery

40 % Contact teaching, 60 % Distance learning

Unit

KAMK Master School

Teaching languages
  • English
Degree programmes
  • Master's Degree in Global Business Management
Teachers
  • Tommi Kyllönen
  • Päivi Karhu
  • Tomasz Potocki
Groups
  • GBMY23S
    GBMY23S
  • GBMY24K
    GBMY24K

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Materials

To be announced later

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.08.2023 - 31.12.2023

Timing

01.01.2024 - 15.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

RDI portion

3 op

Mode of delivery

Distance learning

Unit

KAMK Master School

Teaching languages
  • English
Teachers
  • Päivi Karhu
  • Tomasz Potocki
Groups
  • MGB23S
    MGB23S
  • MGBE23S
    MGBE23S
  • LBY23S
    LBY23S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.01.2023 - 31.03.2023

Timing

23.01.2023 - 31.05.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

KAMK Master School

Teaching languages
  • English
Teachers
  • Tommi Kyllönen
  • Päivi Karhu
Groups
  • DGBMY23K
    DGBMY23K

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.01.2023 - 31.03.2023

Timing

01.01.2023 - 31.05.2023

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

2 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Unit

Business

Teaching languages
  • English
Degree programmes
  • Master's Degree in International Business Management
Teachers
  • Tommi Kyllönen
  • Päivi Karhu
Groups
  • GBMY23K
    GBMY23K

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.09.2022 - 30.12.2022

Timing

01.01.2023 - 14.05.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Business

Teaching languages
  • English
Degree programmes
  • Master's Degree in Global Business Management
Teachers
  • Päivi Karhu
  • Jari Fridman
Groups
  • LBY22S
    LBY22S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Location and time

Teams, Spring 2023

Materials

All learning material can be found in Reppu

Teaching methods

Lectures, Individual Course Work / Essay

Student workload

5 credits = 135 h work

Content scheduling

Global, regional, national, and subnational economic processes and market dynamics
Future research with basic concepts
Foresight in strategic decision making
Importance of innovation
Global trends and megatrends
PESTELE analysis
Foresight tools, future forecasting methods
Utilization of scenarios in practice
Innovation process and innovation management
Business concept, process and resources
Creation of a new business concept

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

Assessment methods and criteria

Individual course work essay following academic writing principles.

en
Enrollment

01.08.2021 - 31.12.2021

Timing

01.01.2022 - 31.05.2022

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

3 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Unit

Business

Teaching languages
  • English
Degree programmes
  • Master's Degree in International Business Management
Teachers
  • Mervi Väisänen
Groups
  • LBY21S
    LBY21S

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Assessment criteria, approved/failed

All learning outcomes/ assessment criteria have been met at a good or very good standard.
Good understanding, exploration, insight, and application of the theories and concepts learned. No significant inaccuracies or errors.
Clear adherence to all specifications for the assessment task. Evidence of reasonable to good quality of analysis, evaluation and critical appraisal. Development proposal benefits working life, it’s feasibility and implementation is applicable. Connection between the theoretical background and application is clear.
The written report (part I and II) is organised having a pristine appearance. The language is clear and consistent appropriate to academic texts.

Evaluation scale

Hylätty/Hyväksytty

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

en
Enrollment

01.01.2021 - 31.05.2021

Timing

01.01.2022 - 31.05.2022

Number of ECTS credits allocated

5 op

Virtual portion

2 op

RDI portion

3 op

Mode of delivery

60 % Contact teaching, 40 % Distance learning

Unit

Business

Teaching languages
  • English
Teachers
  • Tommi Kyllönen
  • Päivi Karhu
Groups
  • GBMY22K
    GBMY22K

Objective

Student understands the interactions among global, regional, national, and subnational economic processes over resources and market dynamics. She/He understands their effects on economy with respect to economic growth, the environment and interactions among market forces and political institutions. She / He knows how to use scenario technique to forecast future. The student identifies and is able to nominate global (consumer/business) trends. She / He understands the importance innovations in business. She / he makes oneself familiar with the innovations especially in her /his business branch. She / he is able to create new business concepts, describe process and understands the needs of resources in new businesses.

Content

Future forecast methods, scenario
Scenario in practice
PESTEL analysis
Global trends and megatrends
Innovations and creativity
Innovation process + innovation methods
Innovation management
Business concept, process and resources
Creation of a new business concept

Location and time

Teams (if possible, KAMK classroom TA12L119)

Materials

Will be handed by the lecturer

Teaching methods

Lectures
Group assignments
Individual assignments
Individual learning

Evaluation scale

0 - 5

Assessment criteria, approved/failed

Assessment criteria Pass/Fail
The student understands the importance of forecasting and new innovations in their business sector. The student understands and applies the theories and tools of new business innovations and can contribute to innovation processes in his/her own work and operations. He/She is able to evaluate and develop the innovation process and innovation management in his/her own businesses. The course assignment meets the requirements of a written report.

Assessment methods and criteria

All learning outcomes/ assessment criteria have been met at a good or very good standard.
Good understanding, exploration, insight, and application of the theories and concepts learned. No significant inaccuracies or errors.
Clear adherence to all specifications for the assessment task. Evidence of reasonable to good quality of analysis, evaluation and critical appraisal. Development proposal benefits working life, it’s feasibility and implementation is applicable. Connection between the theoretical background and application is clear.
The written reports are organised having a pristine appearance. The language is clear and consistent appropriate to academic texts.
Presentations given in professional manner.