Description
Course Objectives
At the end of the course, students should be able to;
- Explain different types of innovation and innovation dynamics.
- Identify strategic innovation challenges in organizations.
- Explore core innovation and the key enablers required for successful innovation in existing operations, business and markets.
- Develop managerial approaches to organize innovation processes.
- Explore the key capabilities which support successful innovation.
- Reflect on innovation responses in real case studies.
The program targets;
- Professionals both in the public and private sectors who have an interest in innovation and would wish to improve their knowledge or make innovation happen in their organization.
Course Content
- Identify obstacles, sources and pitfalls that affect successful management of innovation.
- Differentiate between innovation in core business and transformative business opportunities.
- Discuss why management of innovation is important.
- Identify key enablers for managing innovation in core business.
- Evaluate actions required in own organization(s) for improving management of innovation in core business.
- Describe the disruptive nature of innovation.
- Identify managerial approaches to respond to disruptive change.
- Define the concept of open innovation and the openness continuum.
- Identify the different approaches through which open and collaborative innovation occurs.
- Evaluate actions required in own organization(s) for gaining value from open and collaborative innovation.
- Reflect on the core elements of design thinking (DT).
- Explore how design thinking can be used to foster innovation, with exposure to some tools and methods of design thinking.
- Explain sources of corporate knowledge and protectable intellectual property rights.
- Identify risks associated with knowledge leakage and IP infringement.
- Explore proactive and reactive strategies for the protection and enforcement of intellectual property rights.
- Analyze innovation capabilities at own organization.
Training Format:
- All materials are made available through our Online Learning Platform
- Students should commit approximately 5-6 hours of their time per week
Materials Provided:
Online delivery of curriculum materials, exercises and templates.
Assignments:
In order to demonstrate their understanding of the course content, students will be required to submit assignments at the end of every month.