Strategic Innovation A step-by-step manual for implementing innovation within your company
Build up all of the necessary abilities for organizing and carrying out strategic innovation within your company, no matter how big or little. These abilities are sure to boost output and quality, improve the workplace at your company, and make you a more effective manager.
Find out how to create an innovation community that can make your company a fantastic place to work. This course uses best practices from globally recognized organizations to provide you a step-by-step plan for organizing and carrying out successful change. You can put what you learn into practice through class projects. You may easily construct innovation plans by using carefully crafted templates.
Access to a sizable library of reading notes, slides, case studies, and model Innovation Plans is provided for the course.
Innovation is a key driver of both initial and ongoing organizational growth. When it comes to a certain product, process, or service, effective innovation might mean the difference between being a market leader and simply following the crowd, which runs the danger of stagnation and decline. Innovation makes regular businesses into global leaders and ordinary workplaces into motivating places to work. Innovation is the process of bringing something new while changing something that has already been established. These changes might be radical or gradual.
Innovation is a necessity for all businesses, whether they are for profit or not. Both the procedures and products used in a manufacturing company and the services provided by a public hospital can benefit from innovation. An organization’s management committees, specific departments, project teams, and people all participate in innovation. In the modern global economy, innovation frequently involves cross-organizational collaboration with suppliers, distributors, and other strategic alliances. Despite its significance, many businesses struggle to understand the need for innovation and to cultivate the abilities to innovate continuously. An organization must build its capacity to manage its innovation process if it wants to be sustainable.
The term “innovation” might be vague to some people and is frequently linked to ideas of businesses that can develop items that can compete with the best in the world and eventually take over entire industries. This point of view is informative and frequently enjoyable, but it also enables many practitioners to avoid the idea of innovation because they are aware that such visions are seldom realized and frequently depend on elements like luck and previous market domination. This book examines the practical methods for managing innovation that are used on a daily basis in top businesses, both large and small. Despite the fact that innovation theory can help businesses make decisions, this book is mostly on the tools and processes that give those decisions structure.
What you’ll discover
- Establish and carry out innovation portfolios
- Make operational and strategic plans.
- Set higher performance standards.
- Create concepts that produce results Lead initiatives that result in real change
- Take charge of your team.
- track and evaluate the impact of the change
Who should take this course:
Managers at all organizational levels Team leaders and team members