CODE | BEM5108 | ||||||||
TITLE | Applied Emerging Technologies | ||||||||
UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | ||||||||
MQF LEVEL | 7 | ||||||||
ECTS CREDITS | 5 | ||||||||
DEPARTMENT | Business and Enterprise Management | ||||||||
DESCRIPTION | In today’s fast-evolving business landscape, emerging technologies like artificial intelligence (AI), blockchain, the Internet of Things (IoT), and cloud computing are transforming industries and opening new strategic opportunities. The "Applied Emerging Technologies" study-unit equips you with the knowledge and practical skills to understand, implement, and manage these technologies within an organizational context. Focusing on the intersection of technology and strategy, this unit prepares you to integrate cutting-edge technologies into business decision-making, drive innovation, and lead digital transformation efforts. You will gain hands-on experience with emerging technologies, learning how to leverage them to create competitive advantage, enhance organizational agility, and navigate industry disruptions. Additionally, this unit addresses the risks, ethical considerations, and societal impacts of technological advancements, ensuring you develop a responsible and sustainable approach to technology strategy. Emphasising interdisciplinary collaboration and data-driven decision-making, the unit empowers you to confidently manage the complexities of a tech-driven business world. Upon completion, you will be ready to lead organizations through technological change, apply emerging technologies strategically to solve business challenges, and innovate for future growth. Study-Unit Aims: The study-unit aims to equip you with a comprehensive understanding of key emerging technologies—including AI, blockchain, IoT, and cloud computing—and their strategic impact across industries. You will learn to strategically apply these technologies to enhance organizational performance, drive innovation, and create competitive advantage in business models, products, and services. This unit prepares you to lead digital transformation by aligning technology with long-term organizational goals and developing the skills to make data-driven, evidence-based decisions that improve strategic planning and execution. You will also gain the ability to assess and mitigate risks associated with emerging technologies, addressing cybersecurity, legal, and ethical challenges to promote responsible leadership. Through this study-unit, you will foster a mindset of innovation and agility, discovering how organizations can leverage technology to stay adaptable in a rapidly changing market. Emphasis is placed on cross-disciplinary collaboration, enabling you to work effectively with diverse teams across business, technology, and regulatory domains. Finally, this unit empowers you to apply emerging technologies toward global challenges and sustainability goals, aligning strategic decisions with ethical and environmental considerations. You will cultivate a commitment to continuous learning, preparing you to adapt to future technological developments and apply this evolving knowledge in organizational contexts. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: LO1: Demonstrate a comprehensive understanding of emerging technologies by identifying and explaining the features, functionalities, and applications of AI, blockchain, IoT, and cloud computing, as well as their impact on various industries. LO2: Analyze the strategic implications of emerging technologies, assessing how they influence organizational strategy, decision-making, and competitive positioning in both local and global contexts. LO3: Develop and implement technology-driven solutions by applying emerging technologies to create innovative business models, processes, and strategies that drive value creation and organizational growth. LO4: Lead digital transformation initiatives within organizations, aligning technological innovations with strategic objectives to enhance organizational agility and resilience. LO5: Make informed, data-driven decisions by collecting, analyzing, and interpreting data using advanced technological tools, applying insights to improve strategic planning and execution. LO6: Evaluate and mitigate risks associated with emerging technologies, including cybersecurity threats and ethical challenges, and develop strategies to ensure compliance with regulatory standards. LO7: Foster a culture of innovation and adaptability within organizations, promoting the strategic use of emerging technologies to maintain competitiveness in dynamic markets. LO8: Collaborate effectively across disciplines, integrating perspectives from technology, business, law, and ethics to address complex strategic challenges. LO9: Assess the social and environmental impact of emerging technologies, incorporating sustainability and ethical considerations into strategic decision-making. LO10: Cultivate a mindset of lifelong learning, preparing to anticipate and adapt to future technological trends, ensuring organizations remain forward-thinking and agile. 2. Skills: By the end of the study-unit the student will be able to: Strategic Technology Integration: Develop the ability to integrate emerging technologies into business strategies and operational frameworks, ensuring alignment with organizational goals and driving competitive advantage. (Aligned with LO1 and LO3, focusing on technology’s strategic role in organizational growth.) Digital Transformation Leadership: Cultivate skills to lead and manage digital transformation initiatives, ensuring that technological change aligns with broader strategic objectives and promotes organizational agility. (This corresponds to LO4, emphasizing leadership in driving technological change.) Data Analytics for Decision-Making: Gain proficiency in using data analytics tools to extract insights and make data-driven decisions that enhance strategic planning and execution. (Linked to LO5, focusing on data analysis and evidence-based decision-making.) Innovation Management: Foster the ability to identify and leverage technological opportunities to create innovative business models, products, or services within an organization. (This skill supports LO3 and LO7, emphasizing strategic innovation and adaptability.) Risk Assessment and Mitigation: Develop skills to identify, assess, and manage risks associated with emerging technologies, including cybersecurity threats and ethical and regulatory considerations. (Aligned with LO6, focusing on risk management and ethical considerations.) Problem-Solving with Technology: Enhance critical thinking and problem-solving abilities by using emerging technologies to address complex business challenges and develop innovative solutions. (This skill relates to LO3 and LO7, emphasizing technology-driven problem-solving.) Agility and Adaptability: Demonstrate the ability to adapt to technological changes, applying flexible strategies to maintain competitiveness in evolving markets. (Aligned with LO4 and LO10, focusing on adaptability and future readiness.) Collaboration and Interdisciplinary Teamwork: Develop collaboration skills to work effectively with cross-functional teams, integrating insights from IT, legal, regulatory, and business departments to implement technological solutions. (This skill supports LO8, emphasizing interdisciplinary teamwork.) Ethical and Sustainable Leadership: Apply ethical reasoning in technology-driven decision-making, ensuring that strategic actions consider the social, environmental, and legal impacts of emerging technologies. (This corresponds to LO6 and LO9, focusing on responsible and sustainable leadership.) Communication of Technological Concepts: Communicate complex technological concepts and their strategic implications clearly to both technical and non-technical stakeholders, facilitating organizational alignment. (Aligned with LO10, supporting effective communication and stakeholder engagement.) Technology Implementation and Project Management: Acquire practical skills in planning, executing, and managing technology-focused projects, ensuring effective implementation of emerging technologies within organizations. (This skill supports LO4 and LO7, emphasizing hands-on project management and implementation.) Continuous Learning and Technology Scouting: Develop a commitment to lifelong learning and technology scouting, staying updated on emerging trends to anticipate and respond to future technological disruptions. (Aligned with LO10, focusing on continuous learning and adaptability to technological advancements.) Main Text/s and any supplementary readings: Main Texts: Title: The Fourth Industrial Revolution Author: Klaus Schwab ISBN-13978-1524758868 Supplementary Readings: Title: Driving Transformative Change in E-Business Through Applied Intelligence and Emerging Technologies Author: Hamed Taherdoost (2022) ISBN: 978-1668452356. Title: Business Models in Emerging Technologies: Data Science, AI, and Blockchain Author: Dr. Stylianos Kampakis, Dr. Theodosis Mourouzis, Gerard Cardoso MSc, Dr. Marialena Zinopoulou ISBN: 978-1637423134 |
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STUDY-UNIT TYPE | Lecture | ||||||||
METHOD OF ASSESSMENT |
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LECTURER/S | Godwin Caruana Anthony Farrugia |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |