The routinization of practices, obsolescence of such routines and dominant logic that may be misaligned with changes in the environment subject large firms to great difficulties in innovating. Further, revenue cannibalization with existing products and the politics of allocating scarce resources away from established, competing product divisions afflict how new ventures are created within large corporations. These issues have few parallels in new, small firms. In view of typically bureaucratic hierarchies in large corporations, it is important for students to understand how to design and manage innovation systems for large corporations, as well as how to lead corporate entrepreneurship.
By the end of this course, students will be able to:
- Identify and assess institutional set-ups in existing organizations to encourage individuals to be more entrepreneurial,
- Suggest management practices that facilitate entrepreneurship within existing organizations,
- Analyze management challenges to corporate entrepreneurship, and to identify possible solutions,
- Learn from different outcomes of real attempts of corporate entrepreneurship in industry lead a new venture to maximize its growth potentials.
Who Should Attend
Polytechnic Diploma Holders.
Pre-requisites for ELP enrolment :
The student must be enrolled in with Temasek Polytechnic (TP) in the ELP-Specialist Diploma in Business Innovation in Finance offered jointly by TP and SMU.
This Specialist Diploma in Business Innovations in Finance offered under TP's SkillsFuture Earn & Learn Programme (ELP) for the Professional Services, is a 12-month work-study programme targeted primarily at local fresh Polytechnic graduates from relevant full time courses of study.
Pre-requisites for SMU course application :
All Diploma holders are welcome to apply.
This module constitutes part of ELP-Specialist Diploma in Business Innovation in Finance. You will need to complete Entrepreneurial Finance and 2 more TP modules (Marketing & Client Servicing, Data Analytics for Investment & Marketing) to be awarded Specialist Diploma in Business Innovation in Finance.
100% course work assessment
Fees and Funding
Self-Sponsored Individual / Non-SME Company Sponsored Individual
$2782 (Full fees);
$834.60 (Singapore Citizen/PR below 40 years old);
$314.60 (Singapore Citizens above 40 years old)
SME Company Sponsored Individual:
$2782 (Full fees);
$314.60 (Singapore Citizen/PR)
Dr Patrick Tan is a pracademic that integrates academic theory with business practice to deliver practical and impactful lessons to histudents. He was one of the nominees for the SMU-X Excellent Teacher Award – 2018, in recognition of his teaching Excellence.
Patrick has led an esteemed and varied career as a senior executive in global financial services organizations, writer, teacher, and business consultant. He has worked for major banks and insurance companies, such as AXA, ANZ Bank, OCBC Bank, Standard Chartered Bank, and Cigna, in general management, strategy, business development, talent management, operations and IT.
Dr Tan received his Ph.D (General Management) at Singapore Management University and is currently an adjunct faculty in the Lee Kong Chian School of Business at SMU.