LEADING PRODUCT INNOVATION TRAINING

LEADING PRODUCT INNOVATION TRAINING COURSE: Innovation Management is the system by which organizations can foster a culture that supports the methodical management of human capital, information, and knowledge to transform new ideas into successful products, processes and services. The pillars of innovation include the collective knowledge, experience and other attributes of organizations and their workforce that allow them to convert ideas into viable processes, products, and services that bring economic value and increase their economic competitiveness in the knowledge economy.

This certificate program introduces participants to the elements and attributes of the innovation process as well as the key factors that allow organizations and their workforce to harness this process. It will show participants how this process can turn ideas into successful products, processes or services and add economic value to the organizations and society.

The program is designed to enable the participants to understand the tools, methods and techniques used in innovation management, and consists of three courses, each of which will include lectures by experienced instructors, review and discussions of case studies, and presentations by guest speakers, who have managed interesting and exciting innovation challenges.

To receive the Certificate of Completion, each participant is required to attend all three mandatory courses and attain a passing grade in each. This course covers the foundation topics in innovation management, providing the prerequisites for the next two courses in the program. Participants will learn about various dimensions and phases of the innovation process and explore its place in business and public organizations. The focus will be on the value generated by innovation and its implications in private business as well as in public institutions.

LEARNING OUTCOME:

By the end of this course, you will:

1. Understand what Innovation Management is and how it relates to business strategy.

2. Understand how innovation drives economic competitiveness.

3. Understand how macroeconomic indicators play a role in shaping policy.

4. Gain familiarity with the role of organizational structures and strategies in innovation.

5. Understand the enablers and inhibitors of bringing out the innovation and creativity of people.

6. Learn the fundamentals of change management and its relevance to innovation.

7. Learn the fundamentals of intellectual property and its management.

8. Have a high-level overview of innovation in product development and in operations management.

PERSONAL IMPACT

• Setting clear goal and objectives
• Effective organization and management of the process.
• Effective interaction
• Support
• Shared work
• Communication within the team and with other teams.

ORGANIZATIONAL IMPACT

• Vision and strategy which is a significant step in the process of institutionalizing innovation.
• Harnessing the competence base that involves organizational competence to manage and allocate resources appropriately in the required areas that is fundamental to ensure innovative output
• Organizational intelligence
• Creativity and idea management, by allowing untested, unrealized and divergent thinking and by accommodating radical idea capable of creating new businesses or transforming existing business strategy