Course Contents
• Innovation - What it is and why it matters
• Innovation as a core business process
• Important models of innovation
• Sources of Innovation
• Exploring different aspects of innovation
• Building the innovative organization
• Developing Innovation Strategy
• Sources of Innovation
• Management of Research and Development
• Managing Product Innovation
• Managing service Innovation
• Decision making under uncertainty
• Building the innovation case
• Creating new products and services
Final Project:
Study the existing innovation of your interest that transformed the lives of individuals for the better. Final Project will be based on application of concepts learned during the coursework. Project should incorporate innovation models and how it changed the way of doing.
Course Synopsis
This course objective is to provide management students with an understanding of the main issues in the management of innovation and the relevant skills needed to manage innovation at both strategic and operational levels. Innovation is a fundamental driver of competitiveness and it plays a large part in improving quality of life. It is essential that students understand the strategies, tools and techniques for managing innovation, which often requires a different set of management knowledge and skills from those employed in everyday business administration. It will also show the students how this process can turn ideas into successful products, processes or services and add economic value to the organizations and society.it includes definitions and concepts of innovation, invention and research and development
Discuss main models of innovation. Applying tools for innovation management. Diagnostic and analytical skills. Enhance verbal skills through case studies and syndicate discussions
Develop judgmental and interpretation skills. How to evaluate different options. Formulate and develop strategy. Assess and resolve managerial challenges. Enhance innovative thinking ability through conducting project
Course Learning Outcomes
Assess and interpret innovation processes
• Develop and formulate managerial strategies to shape innovative performance
• Employ tools of innovation management to measure innovative activities
• Identify different innovation challenges and make recommendations for resolving them
Chapter 8: Building the Innovation Case ppt
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Chapter 5: Sources of innovation ppt
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What is innovation
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Does innovation matter
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Innovation Failures
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The innovation Journey - Innovation models
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Component and system innovation
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Incremental and radical innovation
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Modular Innovation
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Disruptive Innovation
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Netflix Case - A Disruptive Innovation
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Chapter 1: What is innovation and Why it matters ppt
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Chapter 1: Innovation models ppt
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Managing knowledge spaghetti
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Partial Models of Innovation along with Rothwell five generation model
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Chapter 2: Innovation as a core business process
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Building the innovative organization Part I
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Building the innovative organization -part 2
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Philips Case: Innovation leadership, team and culture
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Chapter 3: Building the innovation Case ppt
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Chapter 3: Collaborative Climate ppt
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Chapter 3: Kaizen Case ppt
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Innovation Strategy
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Chapter 4: Developing an innovation Strategy ppt
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Sources of Innovation-Part I
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Sources of Innovation-Part II
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Sources of Innovation-Part III
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Knowledge push sources of innovation
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Emerging Markets: Bottom of the pyramid
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Open Innovation
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Crises Driven Innovation
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Chapter 9: Creating new product and services
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Selecting innovation opportunities
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The problem of uncertainity
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Portfolio Management
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Decision Making Under Uncertainty
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Tools for innovation search
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Creating and Capturing Value, Adoption and Diffusion
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exploitation exploration paradigm
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Commercializing Technology
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Innovation Decision Making
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The History and Evaluation of Management Classical View of Management
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Book Title : Managing innovation: integrating technological, market and organizational change
Author : Tidd, J., & Bessant, J. R. (2018).
Edition : Latest Edition
Publisher : John Wiley & Sons.
Book Title : Innovation management and product development
Author : Trott, P (2010)
Edition : Latest Edition
Publisher : Prentice Hall
Book Title : The Management of Technological Innovation
Author : Dodgson, M. Gann, D. Salter, A.
Edition : Latest
Publisher : Oxford University Press
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