Success in business, as in management generally, cannot come only from reproducing what is done elsewhere. It necessarily comes from innovation, i.e. applying new or improved solutions to existing problems or from existing solutions to new problems. Either way, once the problem has been identified and suitably researched, its satisfactory resolution will necessarily go through a prototyping of the proposed solution and an in-depth analysis of the lessons learnt from that exercise.
This subject builds on the outcomes of the course RES300 Research Methods, which is a mandatory pre-requisite for this subject. Successful completion of this subject demands the actual realisation of a specific solution or a detailed feasibility study to an industry or organisational problem as identified and researched when completing RES300.