London School of International Business (LSIB)

How is the course structured to balance theoretical knowledge with practical applications of innovation and foresight?

When it comes to learning about innovation and foresight, it is essential to strike a balance between theoretical knowledge and practical applications. The course is designed in such a way that students not only understand the concepts and theories behind innovation and foresight but also get hands-on experience in applying them in real-world scenarios.

Here is how the course is structured to achieve this balance:

Theoretical Knowledge	Practical Applications
The course starts by laying a strong foundation in the theoretical aspects of innovation and foresight. Students learn about the history of innovation, different innovation models, and the importance of foresight in decision-making.	Students are then given opportunities to apply this theoretical knowledge in practical settings. They work on real-life case studies, engage in simulations, and participate in hands-on projects that require them to think innovatively and anticipate future trends.
Throughout the course, students are exposed to cutting-edge research and theories in the field of innovation and foresight. They learn about the latest trends, best practices, and emerging technologies that are shaping the future.	Guest lectures, industry visits, and workshops are organized to give students a firsthand experience of how innovation and foresight are applied in different industries. They get to interact with professionals who are leading the way in innovation and learn from their experiences.
Assessments and exams are designed to test students' understanding of the theoretical concepts covered in the course. They are required to demonstrate their knowledge through essays, reports, and presentations.	Students are also evaluated based on their ability to apply theoretical concepts to solve real-world problems. They are given projects that challenge them to think creatively, collaborate with their peers, and come up with innovative solutions.

By balancing theoretical knowledge with practical applications, the course ensures that students not only grasp the concepts of innovation and foresight but also develop the skills and mindset needed to thrive in a rapidly changing world. They graduate with a deep understanding of how to drive innovation, anticipate future trends, and make informed decisions that lead to success.