Strategic approaches to managing innovation within organizations including innovation portfolio management, business model innovation, innovation metrics, and systematic approaches to building innovative organizational capabilities.
Students will develop strategic innovation management capabilities including portfolio management, business model innovation, innovation metrics design, organizational innovation capability building, and systematic approaches to translating innovative ideas into sustainable business value and competitive advantage.
Systematic approach to managing multiple innovation projects including portfolio selection criteria, risk assessment methodologies, resource allocation strategies, and performance measurement across innovation portfolios.
Comprehensive study of business model innovation including Alexander Osterwalder's Business Model Canvas, value proposition design, customer development, and systematic approaches to business model experimentation and validation.
Detailed study of stage-gate methodology for innovation process management including gate criteria development, decision-making processes, risk management, and systematic approaches to innovation project progression.
Systematic development of innovation measurement systems including financial metrics, process indicators, outcome measures, and balanced scorecard approaches to innovation performance assessment.
Comprehensive study of innovation funding including venture capital principles, corporate investment strategies, innovation finance, investment evaluation methodologies, and financial risk management for innovation projects.
Design of organizational structures and governance systems for innovation including innovation councils, governance frameworks, decision rights, accountability systems, and organizational design for innovation effectiveness.
Strategic management of innovation partnerships including ecosystem orchestration, alliance formation, partnership governance, collaborative innovation models, and network management for enhanced innovation outcomes.
Integration of digital technologies in innovation processes including digital transformation strategies, emerging technology adoption, digital business models, and systematic approaches to technology-driven innovation.
Comprehensive risk management for innovation including risk identification, mitigation strategies, failure analysis, recovery planning, and systematic approaches to learning from innovation failures.
Strategic planning for corporate innovation including strategy formulation, competitive analysis, innovation positioning, resource planning, and systematic approaches to aligning innovation with business strategy.
Integration of sustainability principles in innovation management including circular economy models, sustainable business model innovation, environmental impact assessment, and systematic approaches to responsible innovation.