Leading Open Innovation - Developing Innovation Ecosystems Leadership
About This Course
1. Introduction to Innovation Ecosystems and Making Open Innovation Work for Enterprises.
• Discuss the concept of innovation ecosystems.
• Why Open Innovation?
• Types of Open Innovations?
• Case Study 1: Innovating Coatings at Nipo International Private Limited.
• Case Study 2: Ideas and not Solutions: Enabling Through Internal Crowdsourcing in the TATA Group.
2. The Exploitation and Exploration Innovation Continuum.
• The Innovation/Product Life Cycle and Technology S-Curves.
• How do enterprises Exploit Growth opportunities?
• How do enterprises Explore Growth Opportunities?
• Case Study 3: Neeuro Private Limited: Revolutionizing Health Tech Through Open Innovation
3. Managing Innovation Risk and Trade-off.
• Exploitation/Exploration Trade-off.
• Managing Leadership Challenges of Innovation Ecosystems .
4. Introduction to Social Capital and why it is important to developing your Ecosystem Leadership - The What and Why of Social Capital:
• What is Social Network and Capital?
• Network Models of Advantage.
• Case Study 4: Social Network Study of an Asia-Pacific Leadership team of a large Multi-National Company, May 2006.
• Case Study 5: Training Community Leaders in Improvised Communities to become Ecosystem Leaders, 2016 – 2018.
5. Social Capital as a Personal and Organizational Competence:
• Examine your personal social network from your personal social capital survey.
• How to purposefully expand your social networks.
• Network brokerage and how you can create value in an Innovation Ecosystem.
6. Next Step and call to action from training program.
What You'll Learn
Individuals and leaders must develop ecosystem leadership skills to work with people and stakeholders within and across organizational boundaries to take full advantage of Open Innovation. These skills also provide a system engineering approach to developing products and services that meet customer needs. Such skills are essential for engineers and engineering managers as they are likelier to believe that the best solutions rely primarily on individual expertise, creativity, and hard work and less on co-creating solutions with others.
Entry Requirements
Anyone who wishes to develop self-leadership, first-time leaders, team leads, project managers, etc.