Innovation Management
Innovation Management level 1
Innovation has become one of the strategic weapons of companies and many innovations fail due to weak execution. In this certificate, you will learn how to manage the innovation process from ideation to commercialization, reflecting upon the human, technology, strategy, and governance aspects. The knowledge and skills gained through level 1 will assist you in managing innovation in your company, in an efficient and successful manner.
Business Innovation
(Preliminary module) This module is concerned with strategic innovation management for corporate competitive advantage. It provides students with the knowledge to understand, and the skills to manage innovation at the operational and strategic levels. Specifically, it integrates the management of market, organizational and technological change to enhance competitiveness of the firm. Students will acquire a critical understanding of innovation at the operational and strategic levels in the strategic innovation management context and obtain a critical understanding of the contexts, processes, structure, and capabilities in managing innovation in a fast changing globalised business environment.
Creativity and Ideation Techniques
This module introduces students to an exploration of creativity and ideation within the discipline of business and management. The changing understanding of creativity is explored as well as personal approaches to creative problem solving. The broad nature of ideation is examined – especially in terms of idea generation, evaluation, and concept development. The role of both creativity and ideation in gaining strategic advantage is introduced. Students will be exposed to creativity in different fields i.e. Business, Arts, Science, Engineering and Social science.
Innovation Project Feasibility
This module presents the various methods and concepts that can be used to assess the feasibility, viability, and sustainability of an innovation project in term of: Economic feasibility, Legal feasibility, Operational feasibility, Technical feasibility, Schedule feasibility, etc. Accounting, Finances, Risks and Budgeting concepts will also be covered. The Innovation Project Feasibility sees the application by students, to their own professional practice, of the theory they have learnt regarding the design and evaluation of learning innovations, through carrying out and writing up a smallscale research project.
New Product Development
During this module students will be presented with the New Product Development process including services as well as techniques to manage innovation teams composed of members from different departments such as marketing, engineering, R&D, sales, etc. This module examines the strategies, processes, methods and techniques used for newâ€product development. The first part of the module focuses on new product development strategies. The second part considers techniques and processes for managing different stages of product development, from idea generation to market testing.
Innovation Management Project
Every participant will be given the opportunity to apply the knowledge and skills that they have acquired through the 4 certificate modules to a real innovation challenge/project of their organization. This practical experience will be source of valuable learning that will validate and enrich their strategic innovation expertise.
Innovation Management level 2
This certificate builds on the knowledge and skills gained during Level 1. Learn how to make innovation a systematic, sustainable, and scalable process in your company. Learn how to better understand and detect the real innovation opportunities through innovation design techniques. Learn how to project manage innovation involving various international players. The knowledge and skills gained through this certificate will equip you with the knowledge and tools to successfully manage transformational product and service innovations.
Innovation Design Innovation Design Techniques
module seeks to develop basic skills in design thinking and innovative problem solving. Design thinking is a methodology of innovation based on a deep understanding of what people want and need. During this module, participants will be presented with various approaches and techniques that can be used to design new products, services, etc. Hands on experience will be provided developing physical prototypes, mockups, fablab, etc.
Knowledge Based Innovation
Participants will learn innovation concepts and techniques that allow innovation to emerge from a better use and combination of existing knowledge. Concepts of Knowledge management will be presented as well as techniques like Theory of Inventive Problem Solving (TRIZ) and CK. TRIZ is an Inventive Problem Solving Process and a structured, left brained approach to breakthrough innovation through the use of patterns of invention documented in the most inventive of the world's patents. The CK design theory or concept knowledge theory is both a design theory and a theory of reasoning in design. The theory builds on several traditions of design theory, including systematic design, axiomatic design, creativity theories, general and formal design theories, and artificial intelligence based design models.
Global Project Management
This module develops the skills and knowledge necessary to manage international projects in global settings, with particular focus on project management techniques, project systems thinking, and relevant management theories. It focuses both on the hard side of project management, referring to schedule, cost, resource, risk management, and quantitative modeling and analysis, as well as the soft issues such as concept generation and teamwork that must be dealt with in order to ensure success of the projects. The module will cover the core principles of managing project development and the key elements required to bring projects to successful fruition.
Choice of Elective:
Market-Centered Innovation
Emerging Technology Trends
IP Management and Legal Strategies
Knowledge-Based Systems
Innovation Management Project
Every participant will be given the opportunity to apply the knowledge and skills that they have acquired through the 4 certificate modules to a real innovation challenge/project of their organization. This practical experience will be source of valuable learning that will validate and enrich their strategic innovation expertise.