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Innovation Management and Leadership Insights in Their Teams and Organizations

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Innovation Management and Leadership Insights in Their Teams and Organizations September 13 - November 13, 2021. Leadership through Learning About the Program Innovation has become critical for winning in the marketplace. Several forces of change including technological progress, demographic shifts, changing customer demands and global competition have increased the need for companies to excel in innovation. Enhancing the innovation readiness of firms requires a multi-faceted approach that touches upon all aspects of business strategy and a rigorous discipline in execution. Innovation today extends from new products and services to include new business models and new ecosystems. Organizations have to innovate in both incremental steps and also be ready to leverage opportunities for disruptive innovation. Successful innovation strategies are born out of an innovative culture and an investment in creative people. Succeeding in a rapidly changing world will require both leadership in innovative products, services and business models and an inspirational leadership style to be bold, take risks and win in the marketplace. This program will be delivered by the best faculty from top schools worldwide. The program will be led by a program coach who will lead you through live collaborative group work. You will also get real-world insights from industry experts and practitioners. Key Learning Outcomes The goal of this course is to provide an effective combination of theory and practice in the management of innovation. Lectures and case studies will provide a rich forum for in-class discussions. You will assemble key insights along three important dimensions Creativity and ideation 1. The program will describe approaches to enhancing creativity and the process of ideating new products and services. Approaches such as design thinking and Blue Ocean strategy will be highlighted as approaches to enhancing creativity and coming up with new products and service ideas Innovation readiness 2. Companies have to work on multiple dimensions to enhance their innovation readiness. Investments in human talent have to be complemented by new processes and appropriate technologies Innovation leadership 3. Rigorous and disciplined execution is essential for innovation leadership. The program will outline the key essentials of managing the innovation process and also describe strategies adopted by different firms to drive innovation such as the creation of innovation labs and corporate ventures Upon completion of the program, you will be ready to apply your knowledge to lead the strategic management and execution of innovation in your business Key Program Facts 5 interactive modules over 2 months for time 01 bound learning 02 16 live lectures for enhanced experiential learning Faculty from top global schools providing global 03 perspective on key learning areas Participation of industry experts offering multi 04 industry insights Customized company projects aimed at translating 05 learning into deliverables 06 Dedicated Group Coach to lead you through the course and group work 07 Post-program alumni community access Record of Participation from the University of 08 California, Los Angeles (UCLA) Extension 09 INR 95,000* per executive * +18% GST or taxes as applicable Record of Participation Upon successful completion of the course, you will be awarded a record of participation from the University of California, Los Angeles (UCLA) Extension Who should take this course? This program is designed for a broad range of executives across industry sectors. Managers of all functions and senior executives can learn to effectively analyze, articulate and apply innovation management and leadership insights in their teams and organizations. This program will benet you if • You are seeking to enhance the innovation readiness of your firm • You are interested to leverage the forces of innovation and disruptive change • You are keen to innovate in new product/service development and the creation of new business models • You want to identify specific tools and approaches for driving innovation in your firm. • You are a senior executive wishing to lead innovation within your organization Program Structure During the program you will have the chance to learn from world class faculty through live virtual lectures delivered from the USA on the Igesia learning platform. You will interact with industry executives and better understand ongoing trends in Indian and global business. You will be given the opportunity to work in groups on projects of relevance to your business contexts Orientation by Program Coach SESSION 1 LIVE Live virtual lectures by world class faculty Module 1 SESSION 2 LIVE Landscape of innovation SESSION 3 LIVE management Live Virtual Session SESSION 4 LIVE with Industry Expert Module 2 SESSION 5 LIVE Market and SESSION 6 LIVE technology driven Platform innovations Live Virtual Group Work SESSION 7 LIVE led by Program Coach Exchange irtual Collaboration Module 3 SESSION 8 LIVE Business model SESSION 9 LIVE innovations on Igesia Learning Live Virtual Session Live V Continuous SESSION 10 LIVE with Industry Expert Module 4 SESSION 11 LIVE Building an agile and learning SESSION 12 LIVE organization Live Virtual Group Work SESSION 13 LIVE led by Program Coach Module 5 SESSION 14 LIVE Winning with SESSION 15 LIVE innovation Post Program Session SESSION 16 LIVE Record of participation from the University of California, Los Angeles (UCLA) Extension LIVE ORIENTATION MODULE You will be welcomed to the program and start connecting with fellow participants in the program and get an overview of the forthcoming program. You will also start forming teams and start considering questions to explore in your customized project work. LIVE LIVE MODULE 1 Landscape of innovation management This first module of the course will present a broad overview of trends and directions in innovation management. Key drivers of innovation will be described including technological disruptions, changing millennial expectations and intensifying global competition. Relevant approaches will be described and their practical implications in different business domains will be explored. LIVE Live Virtual Session with Industry Expert LIVE LIVE MODULE 2 Market and technology driven innovations Innovative products and services can arise from either leveraging fundamental technolog ical breakthroughs or by understanding the needs of customers which are new or unmet. Specific tools and techniques that can be used to identify such innovations will be described in this module. LIVE Live Virtual Group Work led by Program Coach LIVE LIVE MODULE 3 Business model innovations This module of the program will focus on how organizations can build new business models to win in the competitive global marketplace. Firms have to creatively integrate customer needs within a flexible ecosystem of partners and competitors for successful innovation. LIVE Live Virtual Session with Industry Expert LIVE LIVE MODULE 4 Building an agile and learning organization Succeeding in innovation requires a flexible and agile organization. Organizational silos have to be broken down and cross-functional team work encouraged. Processes have to become flexible based on data based experimentation. Learning has to be designed into the DNA of the organization. LIVE Live Virtual Group Work led by Program Coach LIVE LIVE MODULE 5 Winning with innovation This concluding module of the program will focus on enhancing the innovation readiness of your firm. You have to be prepared to leverage disruptive trends in technology and society to innovate and win in the global marketplace. You will explore how you can provide the vision and lead the change to achieve these goals. LIVE POST PROGRAM Record of attendance from theUniversity of California, Los Angeles (UCLA) Extension + Knowledge updates + Alumni Community + Social interactions Faculty Professor Soumitra Dutta Soumitra Dutta is a Professor of Management at and the former founding dean of the SC Johnson College of Business at Cornell University, New York. He is the founder of the Global Innovation Index, published by the World Intellectual Property Organization and was the co-editor of the Global Information Technology Report, published by the World Economic Forum – two influential reports in technology and innovation policy. He is also the founder and President of Portulans Institute, a non-partisan nonprofit research and education institution based in Washington DC. Dutta is on the global boards of Sodexo and Dassault Systemes. He is also a member of the Shareholder Council of Chicago-based healthcare consulting company ZS Associates. Dutta is a member of the Davos Circle, an association of long-time participants in the Annual Davos meeting of the World Economic Forum. He was the co-chair of the World Economic Forum’s Global Future Council on Innovation Ecosystems. He is also the Chief Academic Advisor to the Artificial Intelligence Forum of the Confederation of Indian Industry). contd Faculty Professor Bruno Lanvin Dr Bruno Lanvin is the President of the Smart City Observatory. He is also Executive Director of INSEAD’s Global Indices, founder and CEO of D&L Partners, and co-founder and director of Portulans Institute. He has exercised senior responsibilities at the World Bank and in the United Nations. Since 2002 he has been co-authoring the Global Information Technology Report (INSEAD-World Economic Forum); he is currently the co-editor of the Global Innovation Index Report (INSEAD-WIPO-Cornell University); he was the founder of a significant number of other key global indices and reports,
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