Risk and Change Management
Implementing change management strategies in business
Manage risk and lead change
Learn to analyse risk and make data-driven decisions to keep your business at the forefront of digital innovation.
In this module, you’ll examine practical strategies to create a workplace culture that values flexibility, agility, and life-long learning. You will learn to apply the core principles of risk and change management in your industry and understand how digital transformation affects business models and workforce dynamics.
We focus on communication, stakeholder engagement, and developing an organisational culture that nurtures digital adaptation. Using critical comparisons of digital business models and strategies, you will build the skills to assess risks and opportunities and evaluate the broader impact of digital disruption and innovation across various industries.
Learn from industry experts and case studies
Glean insight from expert guest lecturers offering different insights and observations about risk and change management in an ever-evolving digital ecosystem. Case studies bring the material to life as students grapple with analysing what innovators did and could have done. Seminar-based learning engages students with the material and each other as they forge a practical and strategic approach to apply in their field.
Ongoing assessments offer feedback throughout the course. Clear assessment rubrics and criteria are applied to each topic, and students’ progress will be assessed through examinations, assignments, projects and exercises culminating with a proctored written test that is 100% of the allocated marks for the module.
Time commitment
Classroom and demonstrations: 24 hours
Practical work/tutorials: 24 hours
Independent learning: 77 hours
Total: 125 hours
Credit points
5 ECTS
Full course breakdown
Subjects covered:
Risk and Change Management in Digital Business Environments is a 5 ECTS module delivered over 4 hours per week for 12 weeks. An indicative schedule of topics to be addressed each week is outlined below:
- Introduction to Risk and Change Management
- Fundamentals of risk and change management within digital ecosystems.
- Explore the dynamics of digital societies and technology trends, highlighting both challenges and opportunities in digital transformation.
- Digital Transformation and Change Management
- Deep dive into digital transformation projects and the critical role of change management for their success.
- Focus on effective communication, stakeholder engagement, and cultivating a supportive organisational culture.
- Digital Business Models and Strategies
- Examination of prevalent digital business models and strategies, understanding their influence on industries, and the significance of innovation in spearheading digital transformation efforts.
- Digital Workforce and Workplace Transformation
- Investigation of digital technologies’ impact on the workforce and workplace dynamics, including remote work, automation, and the use of collaboration tools.
- Discuss the management of a digital workforce.
- Risk Management in Digital Transformation
- Study of risk management within digital transformation contexts, focusing on risk identification, assessment, mitigation, and the formulation of comprehensive risk management plans.
- Digital Disruption and Innovation
- Exploration of digital disruption effects on industries and the pivotal role of innovation in driving transformation, creating novel business models, and seizing new opportunities.
- Agile and Adaptive Leadership in Digital Environments
- Insight into agile and adaptive leadership styles essential for digital transformation and change management, emphasising flexibility, resilience, and a commitment to lifelong learning.
- Data-Driven Decision Making in Digital Environments
- Introduction to the significance of data-driven decision making in digital environments, including methodologies in data analytics, visualisation, and reporting tools.
- Digital Ethics, Privacy, and Compliance
- Discussion on the ethical, privacy, and compliance challenges in digital environments, focusing on data protection, responsible tech use, and ethical guidelines development.
- Building a Digital Culture and Fostering Innovation
- Examination of the elements comprising a digital culture and methods to nurture a digital mindset within organisations, encouraging collaboration, innovation, and continuous learning.
- Digital Talent Management and Workforce Development
- Analysis of talent management strategies pivotal for digital transformation success, covering attraction, retention, development of digital talent, and the importance of upskilling and reskilling.
- Risk and Change Management Case Studies and Future Trends
- Review of real-world case studies in risk and change management across various industries.
- Discussion on future trends, potential challenges, and the impact of emerging technologies like AI and quantum computing.
Learn with Digital4Business
This elective module is part of an EU-funded, online masters programme geared to develop fresh leadership for the future. Digital4Business is preparing emerging leaders to foster digital transformation at the cutting edge of enterprise. This module focuses on the skills and strategies needed to lead in a changing landscape.
FAQ
Minimum C1 English proficiency, plus 2 years' work or education in an English-speaking environment. IELTS: 6.0; TOEFL PBT: 600; TOEFL CBT: 200; TOEFL iBT: 100
Applicants need a suitable cognate EQF Level 6 qualification (e.g. STEM, economics, etc.). Description of the eight EQF levels Those without such a qualification will undergo an interview and assessment to determine the suitability of their certifications, other qualifications, and/or professional experience.
This EU-funded programme is open to all EU nationals with a passport or valid ID from one of the 27 EU countries