Program Goals

Programs goals Our MBI programs overall objective is to provide learners with knowledge, methods, tools and capabilities to shape them as managers in organizations operating under uncertainty in complex and rapidly changing market and technological environments.

The goals of the MBI program are to provide the knowledge, skills, tools and understanding required to:

  • Identify and generate new ideas
  • Evaluate benefits versus risks in business opportunities
  • Select best opportunities
  • Integrate theories and practices to strengthen innovative* dynamic capabilities of organizations**
  • Operationalize (develop and launch) new processes, products and / or services
  • Manage innovative projects and organizational development through new processes, new products and /or services
  • Attract and retain the best people
  • Facilitate the emancipation of dynamic capabilities* and the required change (human, process, technological) for your company or organization to become innovation centric

mbi program goals

Our MBI program focuses upon management within the frameworks of short-term and long-term objectives. For many companies, a critical issue is how to compromise between efficiency and innovation in combining their short and long term aims.

For today's business leader, it requires the mobilization of existing resources to current activities, whilst seeking new resources to develop innovative businesses and services. Hence, our MBI program's overall objective is to provide learners with knowledge, methods, skills, tools and understandings to shape them as managers in organizations operating under uncertainty in complex and rapidly changing market and technological environments.

Our MBI program is designed to answer both regular education as well as executive continuous education needs. It can be specialized to meet the needs of a particular industry so please do contact us for more information. Executive training and certificates in the field of innovation are also available. For more information regarding the Innovation Certificates, click here.

*. Teece, D., & Pisano, G. (1994). The dynamic capabilities of firms: an introduction. Industrial and corporate change, 3(3), 537-556.
**. Eisenhardt K.M. & Martin J.A. (2000). Dynamic Capabilities, what are they? Strategic Management Journal, 21(10-11), 1105-1121.

 

Program Goals
READ MORE

MBA vs MBI

It is time to move on to the MBI. MBA is becoming a global commodity.

Education in general is facing issues regarding its capacity of adaptation towards our globalized world. There are still debates over whether business education is about teaching a profession, or a social science subject. That debate will continue.

Managers and employees are more and more asked to use their personal knowledge and skills to analyze contexts, characterize problematic situations, and provide suitable solutions. Therefore, managers and employees’ training should not involve scholar knowledge acquisition only. It should encompass experiences of applications of that knowledge to solve concrete corporate challenges.

Therefore, the MBI pedagogical approach integrates business challenges that students will have to solve by applying the delivered knowledge. To achieve such a goal, students work in small teams of 3 to 5 members. The composition of the teams is established to ensure the diversity and complementarity of profiles. The cognitive profile of each student is established at the start of the year by using a test determining the dominant traits of his/her personality.
The active resolution of multiple real corporate challenges helps students to strengthen their core competencies and more particularly their "soft skills".
The MBI program focuses on developing students' personal potential through the acquisition of actionable knowledge* and does not focus on filling their brains with theories.

MBA vs MBI?

Let us consider the differences between a traditional Master in Business Administration (MBA) and a Master in Business Innovation (MBI).

The MBA content and format evolved to address economical and industrial needs but it still remains focused on the core traditional business fields such as accounting, finance, marketing, human resources and operations.

The MBI is focused also on the current strategic/competitive needs of modern organizations.

It also covers the core business areas. However, it integrates them in a more pragmatic and transversal manner. For example, within the innovation projects feasibility course, the different aspects of product or service viability, risk and sustainability are addressed, taking into consideration strategic, economic, technological, legal and operational aspects.

The key differences are summarized in the following graphic.

mba vs mbi

* Argrysis & Schon 1978 (ORGANIZATIONAL LEARNING: A THEORY OF ACTION PERSPECTIVE)

MBA vs MBI
READ MORE

What is Business Innovation?

Not only do organizations need to adapt to faster environmental changes, but they also need to develop new and creative forms of transformation. Successful companies are not those that go through a process of change, but those that generate and lead change through innovation.

The ten types of Innovation*

ten innovation types

*Keeley, L., Walters, H., Pikkel, R., and Quinn, B. (2013). Ten types of innovation: The discipline of building breakthroughs. John Wiley & Sons.

Therefore, to maintain their market performance, companies align their organizational structures and their business models with their innovation policies. The latter takes into account competitors developments, customer needs, and available innovative / dynamic capabilities and technologies. To access new technologies and to develop new capabilities, companies apply open innovation logics and build networks and potentially ecosystems.

All such adaptations provide opportunities to innovate in several different domains at the same time. These domains encompass different topics: Finance, Process, Offering, and Delivery containing 10 innovation archetypes presented in the illustration above. Each innovation type requires specific skills and knowledge to manage a specific change.

Our MBI program aligns innovation logic with the stages of its process in order to better describe the various strategies implemented by companies to achieve their innovation objectives.

Stage Gate Process

business innovation stage gate process

The stage gate process illustrates the steps needed from inception to market delivery. Each step needs to be fulfilled to complete the innovation journey.

Each step can be considered vital like a sequential process:

  1. The generation of new ideas
  2. Selecting the best ideas (user insights adequacy with available technologies and skills) in order to reduce market uncertainty
  3. Prototype development or test phase application (project efficiency verification; business and use modeling)
  4. The organization of mass production (structural and organizational adjustments)
  5. The launch of the project (lead-user tests; marketing; communication).
What is Business Innovation?
READ MORE

Pedagogic Vision

The 21st century is marked by the rise of life and work environments complexity.

To face this complexity, soft skills such as sense making, critical thinking, creativity, open-mindedness, interdisciplinary and experiential learning capabilities and communication have become increasingly necessary to resolve managerial and innovative issues (Ibarra, 2015*). Therefore, these soft skills are more and more required by organizations. They have become critical in student's education (Cf. P21's Framework for 21st Century Learning).

The pedagogical approach of the MBI program focuses especially on soft skills empowerment through real corporate challenges solving in order to

  • Exploit critical thinking to define precisely the difficulties to overcome
  • Enhance communication to improve transversal collaborations
  • Develop curiosity and creativity to generate unexpected ideas and solutions
  • Favor inter-personal exchanges to promote circulation and exploitation of new ideas
*Ibarra, H. (2015). The authenticity paradox. Harvard Business Review, 93(1/2), 53-59.

Framework for 21st century learning**

Pedagogic Vision innovation

**Graphic adapted from P21's. (2009): P21's Framework for 21st Century Learning. This framework was developed with input from teachers, education experts, and business leaders to define and illustrate the skills and knowledge students need to succeed in work, life and citizenship, as well as the support systems necessary for 21st century learning outcomes. (www.p21.org).

The MBI overall pedagogy provides knowledge, methods, tools and enhance capabilities for the participants to become innovative managers in organizations operating within uncertainty in complex and rapidly changing markets and technologies. To foster soft skills development, the MBI program places students in the shoes of managers using a Project-based learning (PBL) approach. The proposed problems reflect the uncertainty, complexity and rapidly changing market conditions, technological evolution, and new skills requirements which affect today's organizations.

To drive these projects to completion, students will have to:

  • Identify and generate new ideas and opportunities as well as develop innovation
  • Integrate theories and practices to strengthen the innovation capabilities of their organization
  • Be instrumental in the development and launch of new products or services
  • Facilitate innovation and changes required for organizations to become innovation centric
Pedagogic Vision
READ MORE

Creativity & Innovation

The 21st century is marked by the rise of life and work environments complexity. 

To face this complexity, soft skills such as sense making, critical thinking, creativity, open-mindedness, inter-disciplinary and experiential learning, communication and collaboration skills have become increasingly necessary to resolve managerial and innovative issues (Ibarra, 2015*). Consequently, today, these learning and innovation skills have become critical in student's education.

The MBI program supports students to enhance their hard and soft skills and help them better identify, analyze and generate new ideas and opportunities as well as develop innovation. The program is designed to leverage creativity capability all along the curriculum.

Innovation is nothing without creativity. Everything starts with an idea.

"Any creative idea getting implemented or realized successfully is innovation"

- Macies Soltynski

Creation was for long time considered as an act of god only. Nothing was possible to create as it was considered that the "creator" did everything. Even non-religious people were considering that human creation through art was only an imitation or a copy of "mother" nature. With the renaissance in Europe, more consideration has been given to the individual and his/her creative ability. Since then, creativity has been considered as a "gift" given to certain people.

Can creativity be taught?

Recent studies (Finch et al., 201510)* highlights that creativity can be nurture and enhance by tactics to push the boundaries of norms to become creative.

Nickerson** investigated different creative techniques developed by the academia and the industry as:

  • Establishing purpose and intention
  • Building basic skills
  • Encouraging acquisitions of domain-specific knowledge
  • Stimulating and rewarding curiosity and exploration
  • Building motivation, especially internal motivation
  • Encouraging confidence and a willingness to take risks
  • Focusing on mastery and self-competition
  • Promoting supportable beliefs about creativity
  • Providing opportunities for choice and discovery
  • Developing self-management (metacognitive skills)
  • Teaching techniques and strategies for facilitating creative performance
  • Providing balance
*Finch, D., Peacock, M., Levallet, N., & Foster (2015), W. A Dynamic Capabilities View of Employability: Exploring the Drivers of Competitive Advantage for University Graduates.
**Nickerson, R. S. (1999). "Enhancing creativity". In R. J. Sternberg. Handbook of Creativity. Cambridge University Press.
Creativity & Innovation
READ MORE