Innovation: From Plan to Product

Course
en
English
80 h
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Source
  • From www.edx.org
Conditions
  • Self-paced
  • Free Access
  • Fee-based Certificate
More info
  • 10 Sequences
  • Intermediate Level

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Course details

Syllabus

Week 1: Why do innovations fail?
Analyze the factors that lead to the failure of innovation

Week 2: Business models and innovation
Explain and apply the role of the business model in capturing value from innovation

Week 3: Value chains and Industry Networks
Introduce value chains and their use for innovation including within industry networks and multi-business projects

Week 4: Designing and testing innovation options
Identify how design thinking can help innovation, including technologies that can be used during the designing and testing of innovation concepts

Week 5: Managing for now and the future
Describe how portfolio approaches can be used to scale up innovation

Week 6: Introduction to valuing innovation
Introduce valuation, discounted and dynamic cash flow modeling and the relationship between financial tools and innovation

Week 7: Managing implementation projects
Outline project management tools for use in innovation projects including stage gate, network and knowledge management

Week 8: Structured problem solving for planning
Demonstrate competence in adapting and applying the strategic and operational managerial frameworks and tools necessary for innovation

Week 9: Business plans
Identify the value of innovation business plans

Week 10: Managing uncertainty and risk in innovation
Explain how organizations respond to shifting workplace dynamics, customer expectations or technological advances

Prerequisite

  • English writing/reading proficiency (required)
  • General knowledge of business processes (recommended)

Instructors

Tim Kastelle
Associate Professor
The University of Queensland

Anna Jenkins
Senior Lecturer in Entrepreneurship and Innovation
The University of Queensland

Rachel Fitzgerald
Associate Director of Online Education
University of Queensland Business School

Editor

The University of Queensland is a public research university located primarily in Brisbane, the capital of the Australian state of Queensland. Founded in 1909 by the Queensland Parliament, UQ is one of six sandstone universities, an informal designation of the oldest university in each state. 

Combining the three world rankings of the most established universities in 2023, the University of Queensland is ranked 2nd in Australia and 42nd in the world. UQ is also a founding member of edX, Australia's leading group of eight and the international research-intensive association of Pacific universities.

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