Innovation: How to Generate Breakthrough Growth Ideas
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Growth through innovation is recognized as a strategic imperative. More than ninety five percent of all CEOs around the world recognize the importance of business innovation and yet most are unhappy with their company’s ability to innovate and create business impact. Innovation is no longer just for product development and R&D but is now recognized as crucial for development of new processes, services, brands, channels, business models and growth engines across the organization.
This course will cover the definition of business innovation and its importance, the difference between innovation and breakthrough innovations, and the principles behind breakthrough innovations. This course will share the challenges and barriers faced by individuals for making innovation real inside their company. Individuals will learn tools and techniques to help them think and act differently. They will also learn a simple and proven process in creating more and better business ideas. Different ideation tools and techniques will also be shared to help individuals be a more creative thinker.
This course is developed by IXL Center, a GIM Institute-certified Registered Training Provider, as a preparatory course for the GIM Institute's Level 1 innovation certification exam. GIM Institute's Innovation Certification Program is designed for anyone interested in becoming certified in innovation as a business discipline, from creative minds to innovation professionals to business managers and leaders. This applies to anyone who wants to broaden their capabilities in innovation, build a career in innovation, or help their organization become a leader and high performer in both the creation and capture of business value from innovation. Certified professionals will gain insights around new approaches to many different functional areas of a business, including marketing, technology, finance and sales.This Level 1 course is designed to help individuals understand what business innovation is and what process and tools are needed to generate new breakthrough ideas for their organization.
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|Section 1: Course Overview|
|Section 2: Introduction to Business Innovation|
Importance of Business InnovationPreview
Definition of Business Innovation and Breakthrough Innovation
Principles of Breakthrough Innovations
Challenges Around Innovation
|Section 3: Tools and Techniques to Think and Act Differently|
|Section 4: Innovation Process - Step 1: Innovation Intent|
Overview of Innovation Intent
Case for Change
Innovation Intent Activities
|Section 5: Innovation Process - Step 2: Opportunity Insights|
Overview of Opportunity Insights
Opportunity Insights Activity 1: Your Company
Opportunity Insights Activity 2: Your Competitors
Opportunity Insights Activity 3: Partners on the Value Chain
Opportunity Insights Activity 4: Adjacencies
Opportunity Insights Activity 5: Future
Opportunity Insights Activity 6: Combine into One BOM
|Section 6: Innovation Process - Step 3: Fields-of-Play|
Overview of Fields-of-Play
|Section 7: Innovation Process - Step 4: Business Concepts|
|Section 8: Innovation Process - Step 5: Business Case|
|Section 9: Course Summary|
Global Innovation Management Institute is the global standard certification board for innovation and innovation management. Over 200 Fortune 500 companies have participated in developing competencies in innovation based on the innovation frameworks and processes of GIM Institute. Companies such as Johnson Controls, Cigna, Natura, Verizon, EmiratesNBD, BAE Systems, Bunge, P&G, Eastman Chemical, Alibaba and many others around the world have been trained. Additionally, over 5,000 MBA students worldwide have developed mastery of innovation through the structured courses and manuals of GIM Institute. The innovation frameworks are developed, approved and endorsed by innovation experts, leading management consulting firms, academia and industry practitioners. Four levels of mastery certificates are available. GIM Institute is a non-profit organization with a mission to make innovation management a management discipline.