Innovation is a special and highly regarded ability in people at work. The organisations that are the most successful at innovation will gain leadership in their market. This course focuses on the role of the corporate innovator in larger scale project development and highlights the importance of building innovative teams in order to maintain a competitive edge
Innovation Project Management: On-Demand Companies need growth for survival. Companies cannot grow simply through cost reduction and reengineering efforts. This program describes the relationship that needs to be established between innovation, business strategy, and project management to turn a creative idea into a reality. We will explore the importance of identifying the components of an innovative culture, existing differences, challenges, and the new set of skills needed in innovation project management. Companies need growth for survival. Companies cannot grow simply through cost reduction and reengineering efforts. Innovation is needed and someone must manage these innovation projects. Over the past two decades, there has been a great deal of literature published on innovation and innovation management. Converting a creative idea into reality requires projects and some form of project management. Unfortunately, innovation projects, which are viewed as strategic projects, may not be able to be managed using the traditional project management philosophy we teach in our project management courses. There are different skill sets needed, different tools, and different life-cycle phases. Innovation varies from industry to industry and even companies within the same industry cannot come to an agreement on how innovation project management should work. This program describes the relationship that needs to be established between innovation, business strategy, and project management to turn a creative idea into a reality. We will explore the importance of identifying the components of an innovative culture, existing differences, challenges, and the new set of skills needed in innovation project management. What you Will Learn Explain the links needed to bridge innovation, project management, and business strategy Describe the different types of innovation and the form of project management each require Identify the differences between traditional and innovation project management, especially regarding governance, human resources management challenges, components of an innovative culture and competencies needed by innovation project managers Establish business value and the importance of new metrics for measuring and reporting business value Relate innovation to business models and the skills needed to contribute in the business model development Recognize the roadblocks affecting innovation project management and their cause to determine what actions can be taken Determine the success and failure criteria of an innovation project Foundation Concepts Understanding innovation Role of innovation in a company Differences between traditional (operational) and strategic projects Innovation management Differences between innovation and R&D Differing views of innovation Why innovation often struggles Linking Innovation Project Management to Business Strategy The business side of innovation project management The need for innovation targeting Getting close to the customers and their needs The need for line-of-sight to the strategic objectives The innovation enterprise environmental factors Tools for linking Internal Versus External (Co-creation) Innovation Open versus closed innovation Open innovation versus crowdsourcing Benefits of internal innovation Benefits of co-creation (external) innovation Selecting co-creation partners The focus of co-creation The issues with intellectual property Understanding co-creation values Understanding the importance of value-in-use Classification of Innovations and Innovation Projects Types of projects Types of innovations Competency-enhancing versus competency-destroying innovations Types of innovation novelty Public Sector of Innovation Comparing public and private sector project management Types of public service innovations Reasons for some public sector innovation failures An Introduction to Innovation Project Management Why traditional project management may not work The need for a knowledge management system Differences between traditional and innovation project management Issues with the 'one-size-fits-all' methodology Using end-to-end innovation project management Technology readiness levels (TRLs) Integrating Kanban principles into innovation project management Innovation and the Human Resources Management Challenge Obtaining resources Need for a talent pipeline Need for effective resource management practices Prioritizing resource utilization Using organizational slack Corporate Innovation Governance Types of innovation governance Business Impact Analysis (BIA) Innovation Project Portfolio Management Office (IPPMO) Using nondisclosure agreements, secrecy agreements, confidentiality agreements, and patents Adverse effects of governance decisions Innovation Cultures Characteristics of a culture for innovation Types of cultures Selecting the right people Linking innovation to rewards Impact of the organizational reward system Innovation Competencies Types of innovation leadership The need for active listening Design thinking Dealing with ambiguity, uncertainty, risks, crises, and human factors Value-Based Innovation Project Management Metrics Importance of innovation project management metrics Understanding value-driven project management Differences between benefits and value - and when to measure Traditional versus the investment life cycle Benefits harvesting Benefits and value sustainment Resistance to change Tangible and intangible innovation project management metrics Business Model Innovation Business model characteristics Impact of disruptive innovation Innovation Roadblocks Roadblocks and challenges facing project managers Ways to overcome the roadblocks Defining Innovation Success and Failure Categories for innovation success and failure Need for suitability and exit criteria Reasons for innovation project failure Predictions on the Future of Innovation Project Management The Six Pillars of changing times Some uses for the new value and benefits metrics
Unlock Your Creative Potential with Innovation Course! ð Are you ready to ignite your creativity and drive innovation in your personal and professional life? Look no further! Our groundbreaking Innovation Course is here to empower you with the skills, mindset, and strategies you need to thrive in today's dynamic world. Why Choose Our Innovation Course? Innovation isn't just a buzzword; it's the key to staying ahead in a rapidly evolving landscape. Whether you're an aspiring entrepreneur, a seasoned professional, or simply someone who craves fresh perspectives, this course is tailor-made for you. ð Here's what sets our Innovation Course apart: Unlock Your Creative Genius: Learn proven techniques to unleash your innate creativity and generate groundbreaking ideas. Master the Art of Problem-Solving: Develop a problem-solving mindset that enables you to tackle challenges with confidence and ingenuity. Foster a Culture of Innovation: Discover how to cultivate a culture of innovation within your team or organization, driving progress and success. Stay Ahead of the Curve: Gain insights into emerging trends, technologies, and methodologies shaping the future of innovation across industries. Hands-On Learning Experience: Engage in interactive exercises, case studies, and real-world projects that sharpen your innovation skills and bring concepts to life. Expert Guidance: Learn from industry experts and thought leaders who share practical insights and best practices gleaned from their own experiences. Networking Opportunities: Connect with like-minded individuals, build valuable relationships, and tap into a diverse community of innovators and change-makers. Who is this for? Our Innovation Course is designed for anyone eager to embrace innovation and drive positive change: Entrepreneurs seeking to disrupt industries and create innovative solutions. Professionals looking to enhance their problem-solving skills and spark innovation in their workplace. Students eager to explore new ideas, expand their horizons, and prepare for the challenges of tomorrow. Creatives seeking fresh inspiration and new avenues for expression. No matter your background or experience level, if you're passionate about innovation, this course is for you! Career Path Embarking on the Innovation Course opens doors to a myriad of exciting career opportunities: Innovation Strategist: Lead innovation initiatives within organizations, identifying new opportunities for growth and transformation. Product Manager: Drive the development and launch of innovative products and services that meet evolving market needs. Entrepreneur: Build and scale your own ventures, leveraging innovative solutions to address pressing challenges. Consultant: Offer strategic guidance to businesses seeking to foster innovation and adapt to changing market dynamics. Researcher: Explore new frontiers in science, technology, and social innovation, pushing the boundaries of knowledge and discovery. Whether you're charting a new career path or advancing in your current role, the skills and insights gained from our Innovation Course will position you for success in the innovation-driven economy of the future. FAQs Q: Is this course suitable for beginners? A: Absolutely! Our Innovation Course welcomes participants of all skill levels, providing a solid foundation in innovation principles and techniques. Q: How long is the course? A: The duration of the course may vary depending on the format and structure. Typically, it spans several weeks to allow for comprehensive learning and practical application of concepts. Q: Can I access course materials after completing the program? A: Yes! Participants gain access to a wealth of resources, including recorded lectures, supplementary materials, and exclusive insights, even after completing the course. Q: Will I receive a certificate upon completion? A: Yes, participants who successfully complete the Innovation Course will receive a certificate acknowledging their achievement and mastery of key concepts. Q: Can I interact with instructors and peers during the course? A: Absolutely! Our course encourages active participation and collaboration through discussion forums, group projects, and live Q&A sessions with instructors and fellow participants. Don't miss out on this transformative opportunity to unlock your full potential and become a catalyst for innovation! Enroll in our Innovation Course today and embark on a journey of endless possibilities. ð Course Curriculum Module 1 Introduction to the Innovation Process. Introduction to the Innovation Process. 00:00 Module 2 Idea Evaluation and Development. Idea Evaluation and Development. 00:00 Module 3 Strategies and Sustainability. Strategies and Sustainability. 00:00 Module 4 The Societal Impact and Reflection. The Societal Impact and Reflection. 00:00 Module 5 Innovation Leadership and Metrics. Innovation Leadership and Metrics. 00:00
Course Overview Top companies are always looking for new ways to be innovative and creative. The implementation of new ideas is what leads to enhanced products and services, and is what drives business process improvement. In Create Innovation Culture, you will learn how to think outside the box to create and maintain a culture of forward thinking in the workplace. It will explore the different types of innovation, how to implement a structure that will drive innovation in your organisation, and also how to identify the barriers to innovation. This course is designed to equip you with the skills to become an innovative leader and creative thinker, to drive business performance and contribute to the improvement of business processes. Enrol today and learn how to create a culture of innovation for your organisation. This best selling Create Innovation Culture has been developed by industry professionals and has already been completed by hundreds of satisfied students. This in-depth Create Innovation Culture is suitable for anyone who wants to build their professional skill set and improve their expert knowledge. The Create Innovation Culture is CPD-accredited, so you can be confident you're completing a quality training course will boost your CV and enhance your career potential. The Create Innovation Culture is made up of several information-packed modules which break down each topic into bite-sized chunks to ensure you understand and retain everything you learn. After successfully completing the Create Innovation Culture, you will be awarded a certificate of completion as proof of your new skills. If you are looking to pursue a new career and want to build your professional skills to excel in your chosen field, the certificate of completion from the Create Innovation Culture will help you stand out from the crowd. You can also validate your certification on our website. We know that you are busy and that time is precious, so we have designed the Create Innovation Culture to be completed at your own pace, whether that's part-time or full-time. Get full course access upon registration and access the course materials from anywhere in the world, at any time, from any internet-enabled device. Our experienced tutors are here to support you through the entire learning process and answer any queries you may have via email.