Training Disruptive Innovation
INTRODUCTION
This Management & Leadership training seminar on Disruptive Innovation focuses on one of the most important challenges facing all businesses today - innovation. Product and business life-cycles are shortening and the intensity of competition is rising globally. Innovation is emerging as the most strategically significant aspect of business operations. It takes two forms: (i) innovation that improves product and process efficiency and (ii) innovation that results in a radical new way of doing business. The first can be termed an “enabling” innovation, the second a “disruptive” innovation. An enabling innovation will improve performance in existing operations; a disruptive innovation will take an organisation into a differentiated and leading position. “Disruptive Innovation” is the subject of this training seminar. This Disruptive Innovation training seminar is designed to enable an organisation to achieve and sustain superior performance - measured in terms of profitable growth - usually through radical change in its complete business model.
This training seminar will highlight:
- The Strategic Significance of Innovation
- The Significance of Enabling and Disruptive Innovation
- Disruptive Innovation as a Business Process
- Risk and Reward in Disruptive Innovation
- Introducing and Developing Disruptive Innovation in your Team
PROGRAM OBJECTIVES
- Understand the potential strategic impact of innovation
- Identify the potential for disruptive innovation in your organisation
- Implement disruptive innovation programmes within your organisation
- Minimise the risk associated with disruptive innovation
- Manage enabling and disruptive innovation in all your activities
WHO SHOULD ATTEND?
- Strategic and Operational Planning Specialists
- Marketing and Commercial Managers
- Financial Managers
- Research and Development Scientists and Technologists
- Human Resource Managers
- Logistics and Supply Chain Managers
PROGRAM OUTLINE
The Strategic Significance of Innovation
- Why Innovate? - The Strategic Relevance of Innovation
- Complexity and Non-linearity in 21st Century Business Development
- When and How disruptive innovation was first introduced?
- Differences between an Enabling Innovation and a Disruptive Innovation
- When is a disruptive innovation an appropriate strategic approach?
- Deciding which innovation – enabling or disruptive?
- Case Study for Group Work
The Concept of Disruptive Innovation
- Assessing the Business Potential of a Disruptive Innovation
- Innovation in Product and Service
- Case Example of Best Practice for Discussion
- Innovation in Business Model and Organisational Structure
- Corporate Incubation – How to upscale a viable disruptive innovation?
- Case Example of Best Practice for Discussion
- Case Study for Group Work
How does disruptive innovation work?
- Analysing and Evaluating Risk – disrupt or be disrupted?
- Monitoring and Managing Risk – decisions on the next stage
- Case Examples of Success and Failure – for discussion
- Disruptive Innovation in New Product Development
- Disruptive Innovation via the Research Laboratory
- Disruptive Innovation in Organisational Development
- Case Study for Group Work
Getting Organised for Disruptive Innovation
- Good Ideas can come from Anywhere
- Processes and Mechanisms for Generating New Ideas
- Use of Data Mining to Generate Innovative Ideas
- Internal / External Open Bidding as a source of ideas
- Feasibility Studies as a means of screening for Viability
- Has innovation become a core competency?
- Case Study for Group Work
Managing Disruptive Innovation
- Ideation and the Process approach to Innovation
- Creating an Innovation Culture in your Team
- Acquisitions, Networks and Alliances as Disruptive Mechanisms
- Activity Integration or Separation following Disruptive Innovations
- Financial Justification and Methods for Disruptive Innovations
- Measuring the Impact of Disruptive Innovations
- Evaluating our Ability to Implement Disruptive Innovations
- Course Overview and Personal Action Plans for Delegates
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