Course Schedule

Making Innovation Work: How to Manage It, Measure It, and Profit from It, 1e

Leadership needs to define the role of business model innovation and technology innovation for the company (such as by defining the Innovation Model). Both are important to successful innovation, but often a company does not have the full set of capabilities required to deliver effective combinations of both. Without a clear, accepted definition of the innovation model and an understanding of the importance of both business model innovation and technology innovation, a company will not be able to create industry changing innovations or avoid being blindsided by innovations that they cannot effectively counter.

Join us on this course and equip yourself with the latest innovative tools to help within your organization

  • Where is your company?
    • Evaluating the innovation state of your company
    • Assessing the options going forward
  • How to design an innovation strategy
    • Adapting an innovation strategy that fits your company
    • Creating a balanced innovation portfolio
  • How to manage innovation
    • Fighting organizational antibodies—from bureaucracy to not-invented-here syndrome
    • Leveraging technology to design the innovation processes
  • How to measure and reward innovation
    • Designing measures that encourage innovation
    • Incentives and recognition for innovation success

Driving success: How you innovate determines what you innovate

  • Innovation is the power to re-define the industry
  • The innovation imperative
  • How to make innovation work
  • The rules of innovation

Mapping innovation: what is innovation and do you leverage it?

  • A new model of strategic innovation
  • Business model change
  • Technology change
  • Three types of innovation
  • Innovation model and the innovation rules

Choosing your destiny: how to design a winning innovation strategy

  • Choosing the right strategy
  • Play-to-win or play-not-to-lose strategy
  • Defined innovative strategy that drives change
  • Do you select an innovative strategy?
  • Strategy ad innovative rules

Organizing for innovation: How to structure a company for innovation

  • Organizing for innovation
  • Developing an internal marketplace for innovation
  • Outsourcing innovation
  • Integrating innovation within the organization
  • The leadership role
  • Organization and the innovation rules

Management systems: designing the innovative process

  • Systems and processes that makes things happen
  • The objectives of a well-designed systems
  • Choosing and designing innovative systems
  • Management systems comparison
  • Electronic collaboration
  • Management systems and the innovation rules

How to measure innovation

  • To measure or not to measure?
  • A balanced score card for measuring innovation
  • Designing and implementing innovative measurement system
  • The barriers to effective performance measurement
  • Measurement and the innovation rules

How to design reward system to support innovation

  • The importance of incentives and rewards
  • Motivation
  • A framework for incentive systems design
  • Setting goals for measuring performance
  • Performance evaluation and incentive rewards
  • Incentives, rewards and the innovation rules

Learning innovation

  • The importance of learning
  • The model of learning
  • Learning systems for innovation
  • How to make learning work in your organization
  • The dynamic nature of innovation strategy
  • Learning the innovation rules

Cultivating Innovation: How to design a winning culture

  • How culture affects innovation
  • Is innovation the new religion?
  • The danger of success
  • Organizational levers of an innovative culture
  • Different country cultures breed different innovation cultures
  • People innovation
  • The role of senior management
  • Culture and the innovation rules

Applying the Innovation Rules to your Organization

  • Combining creativity with commercial savvy
  • Smart execution
  • The role of leadership
  • Diagnostics and actions
  • Organizing initiatives
  • Generating innovative values