Course description
Managing Innovation
Do you feel innovation activity in your organization is ad-hoc? Are you looking for a systematic approach through which innovation capacity can be enhanced in your organization? Do you want answers to questions like what is innovation in business, what is innovation in entrepreneurship, importance of innovation in business, innovative ideas for business growth, and why businesses need to innovate, etc.
Thiscourse will show you how you can build aninnovation pipeline, improve idea velocity and enhance business impact through an8-steps approach.Moreover, we will also explore ways of sustaining participation in innovation activity.
You will get to learn some of the industry best practices. And also learn to apply the tools in your own context. For example, you will learn to create a challenge book that articulates the key challenges in your organization. Similarly, you will find ways to design low-cost experiments.
Whether you are in a start-up or a large organization, in a hi-tech or low-tech business, product or services business, thiscoursewill have something for you to apply in your context and make your organization more innovative.
Upcoming start dates
Who should attend?
Prerequisites
None
Training content
- Week 1 : Introduction
- Week 2 : Lay the foundation and create a challenge book
- Week 3 : Build participation and Experiment with low-cost at high-speed
- Week 4 : Go fast from prototyping to incubation and Iterate on the business model
- Week 5 : Build an innovation sandbox and Create a margin of safety
Course delivery details
This course is offered through Indian Institute of Management Bangalore, a partner institute of EdX.
3-5 hours per week
Costs
- Verified Track -$149
- Audit Track - Free
Certification / Credits
What you'll learn
- What is innovation?
- Why innovate?
- Jugaad vs systematic innovation : The eight steps
Step 1: Lay the foundation
Step 2:Create a challenge book
Step 3: Build participation
Step 4: Experiment with low-cost at high-speed
Step 5: Go fast from prototyping to incubation
Step 6: Iterate on the business model
Step 7: Build an innovation sandbox
Step 8: Create a margin of safety
Contact this provider
edX
edX For Business helps leading companies upskill their labor forces by making the world’s greatest educational resources available to learners across a wide variety of in-demand fields. edX For Business delivers high-quality corporate eLearning to train and engage your employees...