link Source: www.edx.org
list 6 sequences
assignment Level : Introductory
chat_bubble_outline Language : English
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Key Information

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verified_user Fee-based Certificate
timer 18 hours in total

About the content

Do you feel innovation activity in your organization is ad-hoc? Are you looking for a systematic approach through which innovation capacity can be enhanced in your organization? Do you want answers to questions like what is innovation in business, what is innovation in entrepreneurship, importance of innovation in business, innovative ideas for business growth, and why businesses need to innovate, etc.

Thiscourse will show you how you can build aninnovation pipeline, improve idea velocity and enhance business impact through an8-steps approach.Moreover, we will also explore ways of sustaining participation in innovation activity.

You will get to learn some of the industry best practices. And also learn to apply the tools in your own context. For example, you will learn to create a challenge book that articulates the key challenges in your organization. Similarly, you will find ways to design low-cost experiments.

Whether you are in a start-up or a large organization, in a hi-tech or low-tech business, product or services business, thiscoursewill have something for you to apply in your context and make your organization more innovative.

What you will learn:

  • What is innovation?
  • Why innovate?
  • Jugaad vs systematic innovation : The eight steps

Step 1: Lay the foundation
Step 2:Create a challenge book
Step 3: Build participation
Step 4: Experiment with low-cost at high-speed
Step 5: Go fast from prototyping to incubation
Step 6: Iterate on the business model
Step 7: Build an innovation sandbox
Step 8: Create a margin of safety

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Syllabus

Week 1 : Introduction

Week 2 : Lay the foundation and create a challenge book

Week 3 : Build participation and Experiment with low-cost at high-speed

Week 4 : Go fast from prototyping to incubation and Iterate on the business model

Week 5 : Build an innovation sandbox and Create a margin of safety

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Instructors

Rishikesha T Krishnan
Professor IIM Bangalore, Director IIM Indore
Indian Institute of Management Bangalore

Vinay Dabholkar
Adjunct Faculty, IIMB, Catalyst in Innovation and Mindfulness
Indian Institute of Management Bangalore

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Content Designer

Indian Institute of Management, Bangalore
Indian Institute of Management, Bangalore
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Platform

Edx

Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with EdX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

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