Strategies for Fostering Innovation at Work
Course Code: STR320
Credential: Certificate of completion
Innovation is the process of translating an idea into new products, services, or processes that create value. Businesses that are innovative create more efficient work processes and have increased productivity and performance.
Strategic innovation results when ideas are applied by an organization in order to further satisfy the needs and expectations of their customers. This can involve implementing new ideas, creating dynamic products or improving existing services. It can also mean changing your organization’s business model, or adapting to change to better deliver your products and services.
By the end of this course, participants will define innovation and explore the necessary stages of innovation from Discovery & Exploration (divergent) to Evaluation & Implementation (convergent) using the Plan-Do-Check-Act methodology.
Describing the elements and dimensions required for organizations to become strategically innovative, including a 6-step process:
- Managed Innovation Process
- Strategic Alignment
- Industry Foresight
- Customer Insight
- Organizational Readiness
- Disciplined Implementation
Participants enrolled in this course will learn to:
- Use a self- assessment tool and measure their organizations current approach to innovation.
- Implement new strategies for fostering innovation in their organization.
Who Should Attend
- Any employee looking to successfully implement ideas.
- All employees, managers and excellence professionals responsible for increasing the effectiveness of their workgroup or organization.
- Suitable for both the public and private sectors.