This course prepares you to lead innovation initiatives in both large and established organisations, as well as in new and growing ventures. The course introduces different concepts and perspectives to demonstrate how organisations take strategic advantage from incremental and radical changes in products, services, business models and society.
Course Timeline:
There are different types of innovation. The three which people usually associate with innovation are product innovation, process innovation, and service innovation.
Not all organisations innovate. Even in organisations which do, innovation can be difficult to initiate, develop and deliver.
To stay ahead of the competition, it is important that organisations continuously innovate and push the innovation frontier.
In this lesson, you will hear professionals discuss the prominent innovation challenges that businesses face in managing innovation in the core business.
Innovation in the core business is about changing and improving what the organisation does today.
Key enablers of successful innovation in core business
Disruptive innovation is a challenge which all organisations can face – an organisation may either be the disrupter or be disrupted by innovation.
In order to manage potential disruptions, innovation needs to be recognised as a core organisational capability.
In this lesson, Krsto interviews Rashik Parmar, MBE, IBM Distinguished Engineer and Technical Executive – Europe, to discover how IBM has modified its business approach to support and manage disruptive and discontinuous innovation.
The music industry provides a fantastic example of disruptive innovation.
“No matter who you are, most of the smartest people work for someone else.”
Open innovation requires the purposeful selection of external partners, to respond to a specific type of innovative problem.
The key to successful open innovation hinges on choosing the right type of openness and the right types of external partners.
In this lesson, you will explore design thinking (DT), which is used to craft ideas into something actionable.
While there are lots of ideas floating around in organisations, ideas that can be realised to solve a problem or set of problems don’t just exist – rather they must be searched for or hunted out, evolved and crafted to fit the problems at hand.
In this lesson, Professor Tyrone Pitsis interviews Ian Smith, former Lead Innovation Architect at IBM, to discover how they have embedded design thinking into their business.
Open innovation and design thinking make the protection and management of knowledge and intellectual property (IP) a crucial aspect of innovation management.
Intellectual property (IP) infringement can result in lost profits, reputation damage, reduced market share and diminished competitive advantage.
What next?
This is an interesting course, and full of relevant knowledge
Thanks to you sir I really appreciate,the opportunity given to me to study this course. God bless you
I don't regret participating in this course, well packaged and presented.
The admin deserves an honour. The course is well prepared, suiting everyone in every way. Thank you sir and God bless you.
The course is well structured, simplified and well presented.
What a nice topic, my appreciation goes to ALI and the lecturer as well
Thank you for the opportunity to learn (again) about Innovation management. For me it have been a good experiences. Today, on my way to my farm i was just reminiscing about some of the things i have learnt from the programme, design thinking, open innovation, the IPS etc. It was great because it has added to my knowledge in management. Thank you.
It's a great experience for all hurry and finish.
What a sample lessons about innovations management. Great
Innovation is the key for any successful business
This course is full of resources.
Thanks for the opportunity to learn on this very course
Thanks ever so much ALI for the opportunity provided for younger generations. I'm optimistic that your intent will exceed and progress.
What an exciting journey is! I am optimistic of a tremendous transformation in my proffessional life journey. Thanks to ALI for the opportunity!
Great opportunity to hear from expect what innovation is all about
It was a great opportunity to learn from experts. The experience was unique! Thanks for availing us with this golden opportunity
This is a great course and everyone needs to take this.
I am so happy
I have learned a lot about innovation
The course is very interesting and insightful. It is a must course for all professionals.
I believe, a case study on the issue of intellectual property infringement should be included.
This course is great and enlightening. thank you so.much.
I'm so grateful to be part of Innovative Management
Educative
I’m glad to be a part of this
I am glad to be here
Am very happy