About the Course
This course will show you how you can build an innovation pipeline, improve idea velocity and enhance business impact through an 8-steps approach. Moreover, we will also explore ways of sustaining participation in innovation activity.
You will get to learn some of the industry best practices. And also learn to apply the tools in your own context. For example, you will learn to create a challenge book that articulates the key challenges in your organization. Similarly, you will find ways to design low-cost experiments.
Whether you are in a start-up or a large organization, in a hi-tech or low-tech business, product or services business, this course will have something for you to apply in your context and make your organization more innovative.
What you will learn?
- What is innovation?
- Why innovate?
- Jugaad vs systematic innovation: The eight steps:
- Step 1: Lay the foundation
- Step 2:Create a challenge book
- Step 3: Build participation
- Step 4: Experiment with low-cost at high-speed
- Step 5: Go fast from prototyping to incubation
- Step 6: Iterate on the business model
- Step 7: Build an innovation sandbox
- Step 8: Create a margin of safety
- Week 1: Introduction
- Week 2: Lay the foundation and create a challenge book
- Week 3: Build participation and Experiment with low-cost at high-speed
- Week 4: Go fast from prototyping to incubation and Iterate on the business model
- Week 5 : Build an innovation sandbox and Create a margin of safety
- Rishikesha T Krishnan Professor IIM Bangalore, Director IIM Indore Indian Institute of Management Bangalore
- Vinay Dabholkar Adjunct Faculty, IIMB, Catalyst in Innovation and Mindfulness Indian Institute of Management Bangalore
To enroll in this course, click the link below.
Course on Managing Innovation
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