Leading Innovation
Course Description
In today¡s complex and competitive business environment, most companies rank innovation as one of their top strategic priorities. In a recent study conducted by the Boston Consulting Group, more than three quarters of business leaders surveyed ranked innovation as their top¢or one of their top three¢strategic priorities.?
The challenge is that many organizations struggle to truly innovate. Often they are restricted by a narrow definition of innovation or are limited by thinking of innovation relative to their industry or competitors.
This one-day workshop helps leaders properly implement or support real innovation.
Highlights
- Definition of InnovationŒ and Innovation Value ChainŒ
- Cultural aspects that enable innovation
- Characteristics of innovative organizations
- The elements of an innovation-friendly environment
- How to assess organizational readiness for innovation
- Steps in the innovation process and the 12 ways an organization can innovate
- How to demonstrate the leadership behaviors required to encourage and lead innovation
Target Audience
Leaders at all levels: vice presidents, directors, managers, and supervisors
Course Outline
Introduction
- What Innovation Is and Is Not
- ?The 12 Ways to Innovate
- An Innovation-Friendly Environment
1. The Innovation Value Chain
- Highlights of the Innovation Value Chain
- Innovation Leadership Behaviors and Tools
2. Define and Align ?
- What's the Problem?
- What's the Opportunity?
- Align for Results
- Identifying Stakeholders
- And Now, a Word from Our Sponsor
3. Ideate and Select ?
- Encourage and Support Idea Generation
- Ask the Right Questions
- Use Good Judgment
- Generate New Ideas
- Are You Innovative?
- Basic Elements of Innovation
- Reward and Recognize
4. Design and Develop
- Communicate with Impact
- Developing with the Building Blocks of Innovation
- Failing Fast and Effectively - Pre-Implementation
5. Implement and Measure
- Create a Plan of Action
- Action Schedule
- Delegate Effectively
- Measuring Innovation - Four Categories
- Failing Fast and Effectively - Post-Implementation
6. Summary
Perform Phase
- Suggested Activities
- Assess Your Organization's Approach to Innovation
- Identify Steps to Encourage Innovation in Your Team
- Your Innovation Strategy and Agenda
- Next Steps
Prerequisites
Prework for this course should be completed one week in advance and brought to class.
Foundational people management is recommended but not required.
Though not a formal prerequisite, we strongly recommended students complete?Active Leadership for IT Professionals (8944).
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