TECHCOMM 5018EX - Opportunity Assessment

External - Quadmester 4 - 2015

This course is aimed at anyone who needs to assess possible business opportunities including possible project management opportunities that are mainly, but not exclusively, based on an innovative technological concept. Rapid screening techniques are introduced, which will address the underlying business concept, the base technology, benefits to customers, potential markets, financial feasibility, risk and benefits to the organisation and the next steps to be taken. Opportunity screening protocols will be treated in depth and a comprehensive venture - screening guide will be developed during the course. The course covers all the key elements of a feasibility study for a new enterprise.

  • General Course Information
    Course Details
    Course Code TECHCOMM 5018EX
    Course Opportunity Assessment
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Quadmester 4
    Level Postgraduate Coursework
    Location/s External
    Units 3
    Available for Study Abroad and Exchange Y
    Course Staff

    Course Coordinator: Dr Allan O'Connor

    Program Director Contact Details:
    Innovation and Entrepreneurship (PG)
    Name: Dr Allan O’Connor
    Email: allan.oconnor@adelaide.edu.au
    Phone: +61 8 8313 0188


    Pitcher Partners

    Teaching Staff
    Name:
    Murray Gillin

    Short Bio:

    Professor Emeritus of Entrepreneurship & Innovation, Swinburne University of Technology;

    Adjunct Professor, University of Adelaide

    Chairman, Ausentrepreneurs Sans Frontieres Pty Ltd

    DPed (Honoris Causa) (North Eastern), BMetE, MEd, MEngSc (Melb), PhD (Cantab), ASMB (Bll't), FTSE Academy, Hon FIE Aust, Hon FWACE, FAIM,

    During a career spanning 50 years Murray has worked in the fields of defence science and technology as an Engineer, Research Scientist, and Head of Laboratory Programs and as Defence Research Attaché in

    the Australian Embassy Washington, USA. and in education as Dean of Engineering, Professor of Innovation and Entrepreneurship and Pro Vice-Chancellor (Industry/Academic Liaison) at Swinburne University of Technology. He has special interests in wealth creation from engineering and innovation (is Past President of the Institution of Engineers, Australia), work integrated learning (is Past-President of the World Association for Co-operative Education), and in church and social development (is Past Chairman of Evangelical Alliance, Vic) and currently founder of Ausentrepreneurs Without Borders.

    Murray Gillin is Professor Emeritus of Entrepreneurship & Innovation and Past Director at the Australian Graduate School of Entrepreneurship, Swinburne University of Technology. He is currently Adjunct Professor (Entrepreneurship & Innovation) at ECIC, University of Adelaide. Murray was the winner of the Inaugural 2001 Best Entrepreneurial Educator of the Year and founder of Australia’s and the World's first Master’s Degree in Entrepreneurship and Innovation. In 1994 he initiated the development of the Institute for Innovation and Entrepreneurship into a viable commercial enterprise and joint venture between Swinburne University of Technology and Ernst & Young. He is currently teaching with Pitcher Partners Institute for Entrepreneurship and Innovation.

    Murray is particularly interested in practical research in corporate entrepreneurship, intuition and aged care. He has authored and co-authored books, chapters and professional papers. In 1994 Murray was elected a Fellow of the Academy of Technological Sciences and Engineering. On Australia Day 1997, he was awarded with an AM (Member of the Order of Australia) for his work in engineering, innovation and ongoing professional education.

    Directorships

    Brotherhood of St Lawrence Social Action Group (Not-for-profit businesses); Nurses Memorial Foundation; Ausentrepreneurs sans Frontieres; Australian Institute for Archaeology; Tabor College; Sackville Grange Owners Corporation.

    Recent Consultancies

    Pitcher Partners Institute for Entrepreneurship and Innovation; National Australia Bank; Florey Institute, Unit of Melbourne, Tun Abdul Razak University, KL, Malaysia

    Email: murray@ausentrepreneurs.com

    Mobile: 0402 0407 61



    Name: David Anstee

    Short Bio:

    David holds a Bachelor of Commerce from the University of Melbourne, Master of Business Administration from London Business School, and International Exchange Programme Scholar at Haas School of Business, UC Berkeley, USA.

    David brings many years of creating growth venture start-ups, senior executive and management experience, high level education, Venture capital financing rounds knowledge and experience particularly in technology Commercialisation, is a CASA approved test pilot and a

    Master SCUBA Diver Trainer.

    He currently is:

    • The Director – Corporate Strategy, GreenSync, Melbourne, Australia
      • Demand management company providing services to national electricity market participants.
      • Responsible for legals, finance, strategy and liaison with investors, govt. and technical partners.
      • Currently raising first round finance and commercialising demand response platform.
    • Subject Convenor & Sessional Lecturer Australian Graduate School of Entrepreneurship
      • Teaching Opportunity Evaluation, Innovation and Finance subjects to Masters students.
      • Member of Board of Advisors for number of student-started enterprises.

    Has been:

    • Innovation Manager - 7-Eleven Stores, Melbourne, Australia
      • Responsible for electronic services, innovation and patent commercialisation.
      • Originated, negotiated and implemented BankWest ATM service.
      • Initiated, negotiated and implemented Tattersalls & NSW Lotteries products & integrated payment.
      • Launched 2 new communications products under the 7-Eleven brand.
      • Represented company speaking at technology and payment conferences in Singapore, Sydney and Melbourne, averaging 4.8/5.0 in delegate feedback.
      • Managed the 7-Eleven e-product portfolio, including ATMs, mobile recharge and public transport
    • Arts Alliance Venture Capital, London, UK
    • Assistant Cameraman, National Geographic, Arctic, Norway
    • Manager, Corporate Finance, Merrill Lynch Australia, 2 years Melbourne
    • Founder and Director, ihavemoved.com Ltd., London, UK & Hamburg, Germany

    Email: danstee@gmail.com

    Mobile: 0422 981 144

     

    Name: Dr Stephen Spring

    Executive Director LockTec Pacific Pty Ltd

    BE (Monash), MBA (Harvard), PhD (SUT)

    Short Bio:

    Stephen Spring is an entrepreneur, a researcher and an eduactor. As an entrepreneur, he has recently established LockTec Pacific Pty Ltd an importer and distributor of elcectonic parcel lockers. As an educator, he convenes and teaches undergraduate, postgraduate and executive education subjects that focus on opportunity evaluation, business planning and corporate entrepreneurship. As a researcher he has recently completed PhD studies that explored how large company boards influence corporate entrepreneurship.

    Stephen is constantly seeking to drive change through the innovative reallocation of his own and other people’s resources.

    Stephen has had what could best be described as an ‘eclectic’ career. He has built oil-rigs in Australia, Asia and South America; he was part of McKinsey and Company’s Australian practice where he consulted to resource and finance companies; he managed and liquidated an aquaculture start-up; he developed corporate strategy and managed international mergers and acquisitions for Amcor Limited; and he established and managed eHardware.com.au, an online home and garden super-store.

    Stephen has a Bachelor of Engineering from Monash University, a Masters in Business Administration from Harvard University and a PhD from the Australian Graduate School of Entrepreneurship at Swinburne University of Technology.

    Email: sfspring@mac.com

    Phone: 0416 368 199

    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

    Opening intensive:

    Day 1 Friday 6 November 2015 1pm-18pm Promising entrepreneurs need a drive to succeed and a thirst for knowledge.
    Day 2 Saturday 7 November 2015 9am-4pm

    Mid intensive:

    Day 3 Friday 20 November 2015 1pm-18pm Promising entrepreneurs need a drive to succeed and a thirst for knowledge.

    Closing intensive:

    Day 4 Friday 4 December 2015 1pm-18pm Promising entrepreneurs need a drive to succeed and a thirst for knowledge.
    Day 5 Saturday 5 December 2015 9am-4pm
  • Learning Outcomes
    Course Learning Outcomes

    At the end of this course a candidate will have learned:

    1. The difference between an idea and an innovative business opportunity
    2. How to articulate a new venture investment proposition and communicate ideas and concepts effectively
    3. How to build an assessment process for a new opportunity or venture to determine its viability and sustainability
    4. To identify the areas of risk in research commercialisation and/or introducing new technologies or other innovations into a market
    5. To produce a feasibility report for your own or another new venture opportunity
    6. To make conclusions and recommendations on an opportunity for new venture development based upon a comprehensive assessment
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1, 4, 6
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 3-5
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 6
    Skills of a high order in interpersonal understanding, teamwork and communication. 2
    A proficiency in the appropriate use of contemporary technologies. 3, 4
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 4
  • Learning & Teaching Activities
    Learning & Teaching Modes

    No information currently available.

    Workload

    No information currently available.

    Learning Activities Summary

    No information currently available.

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    No information currently available.

    Assessment Detail

    No information currently available.

    Submission
    All text based assignments must be submitted via MyUni.
    Please refer to step by step instructions: http://www.adelaide.edu.au/myuni/tutorials/files/AssignmentStudentSubmission.pdf

    There are a few points to note about the submission of assignments:
    • Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
    • Cover Sheet:  Please submit, separate to your assignment, the completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
    • Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
    • Extensions of Time:  Any request for an extension of time for the submission of an assignment should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine extenuating circumstances and proof, such as a doctor’s certificate, may be required.
    • Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in section 5.2 or 5.3) Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.