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Module Handbook Level 6

EMERGING THEMES 15 Credits

Module Code: EMTH6013

Semester: February 2018 Disclaimer: Whilst every effort has been made to ensure accuracy, the information contained within this publication may change in the light of altered regulations or policy, or due to financial or other constraints.

Note: This document concerns the structure and content of the module. If you would like any other advice,

please consult the Student Hub via [email protected]

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Contents Introduction to the Module .................................................................................................................... 3

Faculty and Department ......................................................................................................................... 4

Module Aims ........................................................................................................................................... 5

Summary of Learning .............................................................................................................................. 6

Reading List ............................................................................................................................................. 8

Assessment ............................................................................................................................................. 9

Scheme of work .................................................................................................................................... 10

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INTRODUCTION TO THE MODULE “Hello! My name is Tawa Edwards and I am your Module Leader for the ‘Emerging Theme, EMTH6013’’ module for the current semester. Studying the material available to you will support your understanding of the subject matter, improve your learning skills and hopefully, will provide some inspiration for you to undertake work in a selective and critical manner. The ambition of this module is to give an intellectual grounding to your thinking about the subject. The module requires you to engage with current theories of learning and to consider how they can be interpreted into real life scenarios. This module identifies the nature and responsibilities of management and how these have evolved over the past few decades. Change is not only likely, it’s inevitable. This module critically reviews theories, concepts and practices applicable to emerging issues that exemplify the dynamic working environment confronting organisations and workers today. The identification and analysis of these emergent issues provides students with a functional knowledge of current issues and a critical understanding of how these affect the shaping the overall organisational strategy and decision-making. This will focus on the specific emerging themes relating to students’ disciplines of study and will change to reflect the contemporary debates of the day. This module aims to develop a deep understanding of the emerging themes within business and organisations; critically evaluate themes and assess their impact on business strategy and decision-making; apply a range of techniques to critically evaluate the appropriateness of existing organisational policies and practices; provide practice in application through assessment of organisational impact of emergent themes and the development of strategies and policies to manage change.

Attendance is key for this module, as many of the concepts taught will recur later in your programme. A basic understanding of the grounding in management at this stage will give you the opportunity to excel later on. Only if you attend regularly, engage with the module and try your utmost to stay motivated, will you reap the benefits of what has been provided for you. You should log and track your progress as you make your way through the learning environment.

A well-qualified team of staff is available to guide you and to provide assistance with any questions you may have relating to this module. However, it is you who must remain proactive and take the initiative when it comes to consolidating information that is disseminated to you.

Our long standing reputation for excellence, along with our friendly and helpful manner will ensure that you receive the very best tuition that is available. I do hope that you will reap rewards from this module, strive to succeed with the assessments and achieve a commendable pass mark worthy of your capabilities.

I do hope that you will enjoy the Emerging Theme, EMTH6013 module as it will provide a basis for your progression through your course of study, and your ultimate satisfaction of the student experience at GSM London.”

Tawa Edwards Module Leader

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FACULTY AND DEPARTMENT

Faculty Academic Faculty

Department HR and Management

Programme(s) All BSc(Hons)Programmes

Module Teaching Team

Module Leader Tawa Edwards

Tutor (s)

Wider Support Team

Head of Department Marcia Hazzard

Student Advisory [email protected]

External Examiner

Dean Christy Traore

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MODULE AIMS This module aims to develop a deep understanding of the emerging themes within business and organisations; critically evaluate themes and assess their impact on business strategy and decision- making; apply a range of techniques to critically evaluate the appropriateness of existing organisational policies and practices; provide practice in application through assessment of organisational impact of emergent themes and the development of strategies and policies to manage change.

Learning Outcomes At the end of this module you will be able to: 1. Demonstrate a critical understanding of emerging themes as informed by research and the marketplace. 2. Critically analyse evolving trends in business management in order to provide robust strategic solutions to organisations.

3. Proactively source and apply research to inform operational and strategic decisions in different organisational contexts.

4. Critically evaluate a range of alternative courses of action in order to solve problems and implement decisions which result in achievable and appropriately viable outcomes for specific organisations. What is a Learning Outcome? A Learning Outcome is a statement that describes what you will be able to do as a result of learning and allows you to demonstrate an understanding of what is required. Stated learning outcomes will help you to know what is expected of you and will help the teaching staff to focus on precisely what they want you to achieve. Achievement of a Learning Outcome is a specific minimum acceptable standard for you to be able to pass a module. Module Learning Outcomes will contribute to the successful completion of your modules, which in turn, contributes to the successful achievement of your programme. All Learning Outcomes must align with the assessment given to you. Why are Learning Outcomes important? Learning Outcomes are important because they communicate to you what you are expected to do and achieve in your modules. They support your learning and assessment, and help you to understand the requirements to pass. Without Learning Outcomes it is difficult for you to know what you are supposed to be learning. They make it easier for you to write fair, comprehensive assessments, and help you to identify the level of learning that is specified within the module.

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What will I study on this module? During this module you will study: This module will be developed around key themes in current environment as relevant to the degree subject across the various disciplines. Students will look at underpinning methods and techniques such as horizon-scanning, scenario-planning and sea-change planning. Indicative content may include current impact of technology or integrated-post- technology, demographic shifts, political environments, and global power redistribution. Whilst this one module sits across a range of programmes, the content will be tailored as suitable to the degree subject area of study. For example; Emerging Themes in Marketing is likely to be different to Emerging Themes in Oil and Gas. The focus of the content for the emerging themes will be developed from the students own research and reading. So enabling students to study the impact of emerging themes on their own discipline. In some instances information regarding content of module is indicative - actual module content will be determined according to considerations (for example, opportunities for work with specific external partners or new developments in the field) which are taken into account at the time of module delivery.

SUMMARY OF LEARNING What are the learning activities on this module? This module is 15 credits; therefore most students will need to undertake 150 hours of classroom and independent study pass this module. In this module, we suggest you divide your time as follows through-out the semester:

Scheduled Activities Hours Additional Information

Lectures 20 Each workshop focuses on the specific tools of critical reading and evaluation tools particularly related to information synthesis.

Tutorials 20 Each tutorial explores an emergent issue related to the area within the award subject.

Guided Independent Study 110 The Independent guided hours are primarily spent in three areas: preparation for the workshop, specified reading relating to a topic, undertaking of critical reading and writing tasks in preparation for the workshop.

Total 150

You must attend all taught sessions for the module, or you may be not able to submit

your assessment for the module.

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Lectures: There are weekly lectures (normally held in lecture theatres) throughout the teaching period during the semester. The first lecture is designed to introduce you to the module topics that will be taught during the semester. Tutorials/Workshops: To support the lectures and to provide you with an opportunity to deepen your understanding of the content of the topics, there are weekly, interactive tutorials. You will be given the opportunity to ask questions or make comments, and to undertake short periods of group work. Tutorials normally comprise smaller numbers of students than lectures. Guided independent study: Guided independent study is as appropriate to the agreed learning outcomes. This might include preparation for scheduled sessions, follow-up work, wider reading or practice, and completion of project tasks. You are expected to be responsible for your own learning, with appropriate support provided by the teaching staff, your supervisor, the institution, and where appropriate, your employer.

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READING LIST What should I read on this module? We recommend that you buy the Core Text listed below and in addition consider obtaining other books from the list. You may wish to form a study group with other students to facilitate the sharing of non-core texts. Core Text Please see SOW Books and Texts Please see SOW

Academic and Professional Articles Leadership vs. Management (John Kotter) ‘Successful Meetings’ Oct 2009 Vol.58 Issue 11 p12-12 Kotter, J. (2001) ‘What Leaders Really Do’, Harvard Business Review, Dec Vol 79 Issue 11 p85 -96 Mintzberg, H. (2009) ‘Debunking Management Myths’, MIT Sloan Management Review, Fall, Vol 51 Issue 1 p12 John Adair Interview, European Business Forum, Spring 2007 issue 28 p64-64 Tannenbaum, R. and Schmidt, W. (1973) ‘How to Choose a Leadership Pattern’, Harvard Business Review, May-June Students will be strongly encouraged to use journal articles relevant to their areas of research. These may include articles extracted from the following sources, which are not exhaustive: Technology in Society - An International Journal Journal of Information Technology Journal of Emerging Technologies and Innovative Research International Journal of Business and Emerging Markets Harvard Business Review Journal of Business Communication Personnel Today The Leadership Quarterly Leadership Excellence Online Resources Financial Times www.ft.com BBC News www.bbc.co.uk City AM www.cityam.com Bloomberg News www.bloomberg.com Free Management Library [www.managementhelp.org] Thinking Managers [www.thinkingmanagers.com] Value Based Management [www.valuebasedmanagement.net/] Intute [www.intute.ac.uk/socialsciences/] The Chartered Institute of Personnel and Development [www.cipd.co.uk] Leadership Expert [www.leadership-expert.co.uk/] Institute of Directors [www.iod.co.uk] Kotter International [www.kotterinternational.com]

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ASSESSMENT What are the assessments on this module? Assignment 1: 1000 word written assignment based upon an article to be provided Percentage of Mark: 50% Submission: week 6 Assignment 2: 3000 word report based upon a case study to be provided Percentage of Mark: 50% Submission: week 11

How are the marks awarded for the assessments? Each summative assessment is marked on a percentage basis and combined as a final module grade, according to the specification detailed in your Module Outline. For the classification of your degree (First, Upper Second, Lower Second, or Third Class Honours) the final module grades will be combined as a programme weighted percentage according to the Programme Regulations, available on GSM Learn.

Academic Misconduct You are responsible for ensuring you understand the policy and regulations about academic misconduct. You must:

 Complete your assessment work alone except where required or allowed by the assignment briefing paper and ensure it has not been written or composed by or with the assistance of any other person.

 Make sure all sentences or passages quoted from other people’s work in this assignment are in quotation marks, and are specifically acknowledged by reference to the author, work and page.

 Failure to provide references may constitute plagiarism which is a serious academic offence.

 Should you submit work that is similar or identical in content to that of another classmate, you could be guilty of collusion. This is also a serious academic offence.

 Plagiarism, collusion, buying assessments and all other forms of cheating will not be tolerated. Serious academic misconduct can result in your withdrawal from the programme and being required to leave the college.

Also note that proven academic misconduct is usually required to be reported to relevant professional bodies and in some cases prospective employers which may prevent even a successful student from being admitted into their desired profession.

If you are unsure about how to complete your assessment, you should seek advice from your Module tutor and/or Module Leader. For support and/or clarification regarding referencing and using sources in your work, ask your tutors for guidance and/or the Library team. Guidance on GSM Learn: https://learn.gsm.org.uk/course/view.php?id=293#section-4 Further help: [email protected]

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SCHEME OF WORK What should I study each week? Scheme of work

Week What do I Study? Key Tasks to Complete this Week

Week 1 An Introduction to Emerging Themes

This week we will outline the course content and structure. This module is intended to increase students’ awareness and understanding of the key changes within their field of discipline. As a result, it requires students to ensure that they read. Further Reading: extensively within their field and to keep abreast of current news within the sector. Students are Journals: expected to keep up-to-date with current news through reading media outlets such as:

-Technology in Society

- Financial Times www.ft.com

- BBC News www.bbc.co.uk - City AM www.cityam.com - Bloomberg News www.bloomberg.com

The four pillars: -Emerging Changes in Society -Emerging Work Environments -Emerging Technologies -Emerging Industries and Markets The module will look at various business tools/techniques that can be used to analyse the changing context such as: -Horizon scanning -Horizon planning -Scenario planning

Independent Study:

Key Reading: PWC report; on GSM Learn - Journal of Information Technology - Journal of Emerging Technologies and Innovative Research - International Journal of Business and

Emerging Markets

Tutorials/Seminar Session: Lecture Activity- 60 minutes: Lecture Introduction to the module – module handbook; scheme of work; assessment methods What is meant by emerging themes? -The FOUR pillars of emerging themes -The World in 2050 Tutorial Activity: 120 minutes: Introduction to Assessments 1 & 2 Assessment 1 submission: week 6 Assessment 2 submission: week 11

Tutorial Activities: TEDtalk: Martin Reeves "How to sustain a business for 100 years" BBC Documentary: The World in 2050 Small and large group discussions

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Week 2 Emerging Changes within Society

This week we will look at the demographic shifts that are impacting on the emerging business environment, such as: Aging population and living longer; world health Global migration Education and skills Social patterns of behaviour/culture, e.g. increase in litigation/consumer rights/demands Social structures and conventions e.g. conurbations, changing family units Political environments – political change and in/stability

Independent Study: Demographic trends are a long-term challenge for markets https://www.ft.com/content/bfeb773e- ea21-11e6-967b- c88452263daf?mhq5j=e1

Key Reading: The world in 2050 https://www.pwc.com/gx/en/issues/econ omy/the-world-in-2050.html

Session 1: Lecture Activity 60 minutes:.

Overview of current cultural trends

Session 2: 120 minutes Workshop Activity: Article (TBC) Debate:

Video Parag Khanna: How megacities are changing the map of the world https://www.ted.com/talks/parag_khann a_how_megacities_are_changing_the_ map_of_the_world/transcript?language= en

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Week 3 Emerging Work Environments This week we will focus on the changing world of work and how aspects such as migration, technology, family structures, consumerism etc have influenced emerging working structures. Aspects for consideration will include: -The profile of the workforce -Job/work design -The future of work

Independent Study: What's Next Future Global Trends Affecting Your Organization http://futurehrtrends.eiu.com/report- 2015/profile-of-the-global-workforce- present-and-future/

Key Reading: The Future of Work: Jobs and skills in 2030 https://www.gov.uk/government/uploads /system/uploads/attachment_data/file/30 3334/er84-the-future-of-work-evidence- report.pdf

Preparing for the workforce of the fourth

Industrial Revolution

http://reports.weforum.org/future-of- jobs-2016/employment-trends/

Avoiding the demographic crunch: Labor supply and the ageing workforce https://www.cipd.co.uk/Images/avoiding- the-demographic-crunch-labour-supply- and-ageing-workforce_tcm18-10235.pdf

Industrial Robot: An International Journal http://www.emeraldinsight.com/doi/pdfpl us/10.1108/IR-03-2015-0050 (you access this article through Athens).

Further Reading How would Brexit immigration controls work in the UK?

https://www.ft.com/content/0b23dbe8- d99b-11e6-944b-e7eb37a6aa8e Tutorials/Seminar Session 1 hour lecture and 2 hours tutorial. The tutorial session will engage the students in three main activities

1. Group discussion about the impact of the different current trends in the environment such as Brexit, Technology advancement, retirement, on students’ specific jobs in the present and future. Also, students will discuss what skills they need to develop for the future work? 2. Students will watch ted talk video about The jobs we will lose to machines -- and the ones we won't

https://www.youtube.com/watch?v=g WmRkYsLzB4

https://www.youtube.com/watch?v=g WmRkYsLzB4

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https://www.youtube.com/watch?v=g WmRkYsLzB4

The speaker argues that machines will take many jobs, however, computers struggle when they are presented with novel situations. Therefore, the speaker believes that people in jobs that need novelty on a daily basis – copywriting and business strategy being two examples – will be safely employed for a long time to come. So what are the skills we are using, and we need to use in the future so that our jobs are not affected by technology?

3. the students will read news article about Brexit and its effect on creative industry and in peers respond to some discussion questions

https://www.designweek.co.uk/issue s/27-march-2-april-2017/theresa- may-triggers-article-50-mean- designers/

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Week 4 Emerging Technologies (1 of 2) This session examines the value of an emerging technology (or technologies) that has the potential to address a prevalent business issue or the potential to disrupt existing businesses within a single or multiple sectors.

The lecture session will focus on: -Internet of things -Connection economy -The role of technology in shaping or supporting business strategy Examples of technological impact on individual business and sectors

Key Reading:

The rise of networked enterprise: Web 2.0 finds its payday. The case study is available now:

http://www.mckinsey.com/industries/hig h-tech/our-insights/the-rise-of-the- networked-enterprise-web-20-finds-its- payday

Further Reading: Hughes, SF 2017, 'A new model for identifying emerging technologies', Journal Of Intelligence

Studies In Business, 7, 1, pp. 79-86.

Available here (you will need your login details to access): http://search.ebscohost.com/login.aspx? direct=true&AuthType=athens&db=bth& AN=122751344&site=eds-live

Tutorials/Seminar Session The first part of the tutorial session is dedicatedtocourseworkclinics for assignment 1. Students will have the opportunity of discussing their line of argument with their tutor and receive clarification on areas that may be unclear to them.

NB: The tutor will not review assignment drafts.

The second part of the tutorial focuses around discussions on how the connection economy social networks (includingsocialmedia)impacts businessstrategy withinstudents respective specialisation.Discussions and debates will include:

- Business-to-Consumer networks

NB: Students are expected to have completed the background reading prior to this session.

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Week 5 Emerging Technologies (2 of 2)

This session examines the value of an emerging technology that has the potential to address a prevalent business issue or the potential to disrupt existing businesses within a single or multiple sectors.

The lecture session will focus on: Disruptive technologies and associated impact on individual businesses and sectors Framework for assessing the emerging technologies that can affect existing businesses.

Key Reading:

Hughes, SF 2017, 'A new model for identifying emerging technologies', Journal Of Intelligence Studies In Business, 7, 1, pp. 79-86.

Available here (you will need your login details to access)

http://search.ebscohost.com/login.aspx? direct=true&AuthType=athens&db=bth&

AN=122751344&site=eds-live

How technology is reshaping supply and demand of natural resources. Available here: http://www.mckinsey.com/busines s-functions/sustainability-and-resource- productivity/our-insights/how- technology-is-reshaping-supply-and- demand-for-natural-resources

Further Reading: Karanja, E, Njeru, K, & Muhoho, J 2016, 'Mobile Technology As a Disruptive Innovation on Shopping Malls Rental Space: Case Study From Kenya', International Journal Of Management, Accounting & Economics, 3, 12, pp. 764-778,

Available here (you will need your login details to access): http://search.ebscohost.com/login.aspx? direct=true&AuthType=athens&db=bth& AN=120914056&site=eds-live

Tutorials/Seminar Session The tutorial session focuses on the use of horizon scanning and planning horizon techniques. Horizon-scanning technique systematically investigate evidence about future trends, while horizon planning determines the amount of time an organisation should look into the future when preparing a strategic plan. Students will analyse the impact of a disruptive/emerging technology and conduct an horizon scanning around this while also preparing a 1-year and 5-year plan on how a relevant company can take advantage of, or react to, such disruptive technology. Depending on the specialism,thecase being analysed include:

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Hydraulic fracture technology and the impact on oil and gas industry and energy sector. Article for this can be found here (you may needyourFTlogin details):https://www.ft.com/content/a 9995780-099c-11e3-8b32- 00144feabdc0 Mobile payment systems and impactonthe financial services sector https://www .pwc.com/us/en/financial- services/publications/viewpoints/ass ets/pwc-payments-on-the-go.pdf

Week 6 Emerging Industries and Markets (1)

This week we will

SUBMISSION OF ASSIGNMENT ONE

Independent Study: Key Reading: Further Reading: Tutorials/Seminar Session

Week 7 Emerging Industries and Markets (2) This week will look at

Independent Study:

Tutorials/Seminar Session

Week 8 The Changing Regulatory Framework This week will look at

Independent Study:

Tutorials/Seminar Session

Week 9 Sustainability and Corporate Social Responsibility This week will Define CSR and the reasons of having CSR ( pros and cons) for business and the future of CSR. Examining a Model of CSR Principles of reporting for CSR Philanthropy and CSR The future of CSR Social business as an example of CSR

Independent Study: Key Reading: Carroll’s pyramid of CSR: taking another look International Journal of Corporate Social Responsibility 20161:3 http://jcsr.springeropen.com/articles/10.1186/s409 91-016-0004-6 Further Reading: Tutorials/Seminar Session

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Week 10 Future Scoping Independent Study:

Tutorials/Seminar Session

Extension & Consolidation