•   Futures Thinking, Trends and Transformations TOU011AS3AE-3001 25.03.2024-17.05.2024  5   (CAMPUS24K, ...) +-
    Learning objectives
    Upon completion of the course, the student is able to
    • understand the importance of future orientation and trend watching for the success of businesses and individuals
    • research the most important technologies, global events and big ideas that are shaping the future to discover new possibilities and opportunities for doing business
    • apply innovative development methods to futures thinking and scenario planning in a chosen industry
    • describe the different stages and key steps of the transformation process
    • innovate ideas for business transformations for the future and provide solutions and scenarios for how to adapt to and benefit from the future changes
    Contents
    Part 1: Industry, trends and scenarios
    Future orientation and trend analysis. Application of an innovative development method to selected trends and scenario planning in the chosen industry.

    Part 2: Letter from the future
    Transformation description of how the trends and transformation will shape the chosen industry: business opportunities and possibilities
    Assessment criteria
    Assessment criteria - grade 1
    When the implementation type of the course is CONTACT, ONLINE or BLENDED it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25 %, your grade will be lowered by one. If you are absent more than 50 %, the course is failed.

    The student is aware of future orientation and trend watching for the success of businesses and individuals. The student can identify potential technologies, global events and big ideas that are shaping the future to a limited degree. The student finds it challenging to apply innovative development methods to futures thinking and scenario planning in a chosen industry. The student has basic understanding of the importance of innovating ideas for business transformations for the future. The student needs help in finding solutions and scenarios for how to adapt to and benefit from the future changes. The student understands some of the stages and key steps of the transformation process.
    Assessment criteria - grade 3
    The student understands the importance of future orientation and trend watching for the success of businesses and individuals. The student can identify potential technologies, global events and big ideas that are shaping the future rather well. The student is able to apply innovative development methods to futures thinking and scenario planning in a chosen industry. The student has a rather good understanding of the importance of innovating ideas for business transformations for the future. The student is able to find solutions and scenarios for how to adapt to and benefit from the future changes. The student understands the stages and key steps of the transformation process fairly well.
    Assessment criteria - grade 5
    The student understands and can justify the importance of future orientation and trend watching for the success of businesses and individuals. The student can identify potential technologies, global events and big ideas that are shaping the future very well. The student is able to apply and evaluate innovative development methods to futures thinking and scenario planning in a chosen industry. The student has a very good understanding of the importance of innovating ideas for business transformations for the future. The student is able to find versatile solutions and scenarios for how to adapt to and benefit from the future changes. The student understands the stages and key steps of the transformation process very well.
    Further information
    Part 1: Industry, trends and scenarios (60%)
    Part 2: Letter from the future (40%)

    Teaching methods and instruction

    This is a virtual course with no contact hours. Independent study in network environment. Feedback provided for parts 1-2. The assessment of one’s own learning 1 h.

    Working life connections

    The course supports the students in their own research/development project which is related to the business community.

    Campus

    Porvoo Campus

    Exam dates and re-exam possibilities

    Deadlines of assignments are available on the course Moodle site. No exams for this course.

    Teaching language

    English

    Internationality

    International learning materials and assignment contents.

    Timing

    25.03.2024 - 17.05.2024

    Learning assignments

    Part 1, 3 cr Future orientation and trend analysis (The importance of futures thinking, definitions; analysing, anticipating and forecasting future trends) Innovative development methods (Applying two step method and environmental scanning wheel for making scenarios). Part 2, 2 cr Transformation description: How the trends and transformation will shape the chosen industry: business opportunities and possibilities

    Enrollment

    02.01.2024 - 22.03.2024

    Content scheduling

    Week 13. Have a look at the course contents and start your hunt for future trends. First decide your industry.

    Week 14. Describe the megatrends that affect the world in the decades to come and describe the two most interesting industry-related trends you focus on.

    Week 15. Apply the two-step method for making scenarios.

    Week 16: Describe the scenarios with the environmental scanning wheel.

    Week 17: Finalise your industry, trends and scenarios video/report. Deadline part 1: Industry, trends and scenarios video/report.

    Week 18. Transformation: Apply the six hats method.

    Week 19. Describe the key steps to business transformation in form of a letter from the future.

    Week 20. Deadline part 2: Submit your letter from the future assignment and the official course feedback.

    Groups
    • CAMPUS24K
    • VIRTUAL
    • RE4PC1
    • EXCH
    Teachers

    Anu Seppänen, Annika Konttinen

    Seats

    25 - 100

    Degree Programme

    RESTO Restonomi

    R&D proportion

    0.00 cr

    Virtual proportion

    5.00 cr

    Evaluation scale

    H-5