Implementing Effective Processes to Support Innovation
About This Course
The right innovative techniques and innovation-oriented processes can help organisations save precious time and money, and give organisations a competitive lead in expanding their businesses. This course will equip participants with cutting edge knowledge and methods to implement the right innovation processes effectively and appropriately within their organisations.
Participants will learn the following:
- The critical importance of Process in the successful realisation of innovation. Ideas are only useful if they implemented, and implemented well.
- Appreciate that making innovation work in order to enhance competitiveness requires a well-designed organisational system to create and capture value, and also end-to-end work streams whose function and performance aligns directly to the business strategy
- Implementing the ‘right’ intra-organisational innovation processes as pillars of robust innovation frameworks
- Setting up/re-optimising key business processes from beginning to end, including a current condition analysis, establishment of a future state vision, development of future state design parameters, application of innovative solutions, prototyping, development, operational implementation and a sustaining management system.
- How Lean and Agile principles can be used to design and implement effective innovation processes
What You'll Learn
• Appreciate that making innovation work in order to enhance organizational competitiveness by creating and capturing value requires a winning innovation strategy aligned with corporate strategy and supportive processes.
• Setting up/re-optimising operations and co-ordination efforts for innovation outfits, which may include prototyping test-sites
• Innovation fund management and stewardship
• Tracking progress, project budget and administration