Administrivia 🧐

💎 Business Value Creation with IT (BVC)

Andy Weeger & Arne Buchwald

Neu-Ulm University of Applied Sciences

March 4, 2024

General remarks

In this course you will develop a technological artifact that has the potential to create value for a specific organisation (e.g. prototyping a new product, improving a process, supporting a decision).

As to that, you

• will apply your learning from your undergraduate degree as well as from the first semester of your Masters program; and you
• will also be introduced to current methodological and theoretical knowledge. This will help you to carry out the real-world problem and to reflect on the process and the results.

It is very important that you prepare yourself for the classes (see Table 1 for details).

Contents

To support understanding and transfer of topics, additional knowledge of core concepts and related methods will be taught, e.g.:

• Business value sources and characteristics
• Essential aspects of IT/digital resources
• Identification of (customer) needs (e.g. Design Thinking)
• Turning digital resources into value
• Modern approaches of IT-enabled value creation
• Challenges in implementing digital innovations (changing, adopting & using)

Learning objectives

During this course, you should advance your skills in the following areas:

• Understand the mechanisms by which IT creates business value
• How to conceptualise, design and implement IT solutions that create value in a specific context.
• How to apply and contextualise existing knowledge and understanding of disruptive technologies in the context of a specific organisational environment
• Problem-solving skills to analyze the particularities and complexities of different project contexts
• Reflecting on social and ethical responsibilities and making responsible decisions with incomplete or limited information

Examination

Challenge + Group
= Approach + MVP
→ Presentation + Paper

During the semester you will be required to work within a group on a business challenge posed by company partners. The eximaniation will be based on following performances:

• A presentation of your approach to the challenge and to create value with IT/AI.
• A seminar paper that details your approach and solution.

Details regarding the assignment can be found here.

Effort

You will gain 5 ECTS for this course.
This corresponds to approx. 150 hours of workload for average students required to pass the module.

Effort distribution for average students

 

• Live sessions (approx. 20 hours)
• Preparation of the live sessions (approx. 10 hours)
• Project work and documentation (remaining time)

Please prepare your schedule accordingly.

Schedule

It is of importance that you prepare yourself for the sessions and work on the case study continually. Please prepare your schedule accordingly.

Date	Topic	Preparation
18.03.2024	Administrivia & introduction	-
25.03.2024	Challenges & hybrid intelligence	-
01.04.2024	Easter Monday (no lecture)	-
05.04.2024	Design thinking workshop1	-
08.04.2024	Lightweight IT & team work	-
15.04.2024	Digital twin & team coaching	Questions
22.04.2024	Excursion week (no lecture)	-
29.04.2024	Team coaching (mandatory)	Interim results, questions
13.05.2024	Communication input & coaching	Interim results, questions
03.06.2024	Presentation & Feedback	Presentation
01.07.2024	Deadline: Paper	Paper

Table 1: Schedule summer term 2024 (may be subjected to changes)

Literature

Footnotes

1. Room: Innovation Space, Creative 2