- Dedicated Group Coach
With Active Group Work
Innovation Management: Strategy and Execution
Gain the knowledge and confidence to successfully leverage the innovative potential of your organization
Learn and interact through live online classes with world class faculty from
|Cornell University, USA||New York University, USA|
|INSEAD, France||Stanford University, USA|
- A program designed to keep you at the leading edge of success
- Connecting you to the best experience of academic leaders worldwide.
- Delivered via live virtual teaching on the Igesia learning platform
- Integrated with group work on real world projects
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.
What you will learn
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
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.
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.
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.
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.
World Class Faculty
You will learn from world class faculty in this program from leading business schools and global corporates.
Professor Michael Spence
Nobel prize winner for economics in 2001, together with George Akerlof and Joseph Stiglitz for their analyses of markets with asymmetric information, Michael Spence is senior professor at the Department of Economics at Bocconi University and professor in the MBA program at SDA Bocconi.In 1981 he was awarded the John Bates Clark Medal from the American Economic Association.
Spence is also Professor in Economics & Business at the New York University Stern School of Business and Professor and Dean, Emeritus, at the Graduate School of Business, Stanford University. Michael Spence is currently a senior fellow at the Hoover Institution, serves as co-chair with Joseph Stiglitz of the Commission on Global Economic Transformation and is Senior Advisor at General Atlantic and a Senior Advisor at Jasper Ridge Partners.
He is the co-chair with Dr. Victor Fung, of the Advisory Board of the Asia Global Institute at Hong Kong University. Spence serves on the Advisory Board of the School of Economics and Management at Tsinghua University in Beijing. Spence chaired a global Commission on Growth and Development (2006-2010), addressed to growth issues in emerging economies.
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.Global Innovation Index, published by the World Intellectual Property Organization.He is also the Chief Academic Advisor to the Artificial Intelligence Forum of the Confederation of Indian Industry).
He 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.
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, including the Global Talent Competitiveness Report (GTCI), the Smart City Index (SCI) and the PICSA Index. Dr Lanvin holds a BA in Mathematics and Physics from the University of Valenciennes (France), an MBA from Ecole des Hautes Etudes Commerciales (HEC) in Paris, and a PhD in Economics from the University of Paris I (La Sorbonne) in France.
He is also an INSEAD alumnus (IDP-C). A frequent speaker at high-level meetings, he advises a number of global companies and governments around the world on technology, innovation, talent and AI matters, and has been a member of numerous boards, including those of IDA (Singapore), ICANN, GovTech (Singapore), the Mohammed Bin Rashid Center for Government Innovation (United Arab Emirates), IP-Watch, and the Association for Accountability and Internet Democracy (EAAID), inter alia.
Professor Manuel E. Sosa
Manuel E. Sosa is a Professor of Technology and Operations Management, the Director of the Heinrich and Esther Baumann–Steiner Fund for Creativity and Business at INSEAD. He is also the director of the new “Innovation by Design” on-line executive programme.He received a BS degree in Mechanical Engineering from Universidad Simón Bolívar (Caracas, Venezuela) and an SM.
He received a PhD degree in Mechanical Engineering from the Massachusetts Institute of Technology (MIT).Professor Sosa research in complex product and software development have been published in journals including Management Science, Manufacturing & Service Operations Management, Production and Operations Management, and Harvard Business Review amongst others.
His research about “managing design” has received several awards.He developed a teaching programme with the Art Center College of Design (California) to integrate business and design disciplines for product development. He has received the Dean’s commendation for excellence in MBA teaching multiple times. He was runner-up for best professor award on innovation management and creative thinking twice.
Professor Stephanos George Eapen
Over 20 years developing and delivering programs in executive education around the world, George has held various academic roles including Affiliated Professor of the Practice of Management at INSEAD in Abu Dhabi, Academic Program Director at CEDEP in France and Visiting Professor at the Russian School of Business at Skolkovo.George has an MBA from INSEAD (1975).
He has been responsible for developing and managing relationships with large multinational clients such as Tata, Danone, Axa, Valeo and L’Oreal. He designed and delivered custom programs all over the world.A member of the Blue Ocean Strategy Network, George co-founded Strategy Regeneration a group that uses the Blue Ocean methodology to run in-company workshops.
He worked with Chan Kim and Renée Mauborgne, authors of The Blue Ocean Strategy, in the development and delivery of Blue Ocean Strategy Programmes and Seminars for Executive Development in the global marketplace. He adapted the methodology to challenges at the Base of the Pyramid and Sustainability, working with the Centre for Social Innovation at INSEAD. He helped develop the Blue Ocean Strategy open enrollment program at INSEAD. He has resided between India and France since 1975.
Your Learning Journey
During the program you will have the chance to learn from world class faculty through live virtual lectures . You will interact with industry executives and better understand ongoing global trends. You will be given the opportunity to work in groups on projects of relevance to your business contexts.
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 benefit 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.