Accelerating Strategic Innovation

Innovation is both the biggest challenge and the biggest opportunity that modern businesses face. 84% of executives say that innovation is important to their organization's success (1), and 75% say it is one of their top three initiatives (2). It used to be that only tech companies and advanced consumer retail businesses needed to focus on innovation. Today, across all industries and sectors, if you are not innovating, you're probably falling behind.

The problem is that innovation isn't like the other functions at your organization. The better you are at what you do now, the more difficult it will be to pursue novel ideas and opportunities. This is the heart of the Innovator's Dilemma.

In this program, you'll directly experience the challenge of innovation in organizations, uncovering the structural and cultural barriers that hinder creativity. You will see examples of policies and processes to facilitate innovation across the business. You will learn and practice specific tools and systems that you can implement immediately, as well as the core principles of innovation to implement a comprehensive innovation system for the long haul.

Citations:
(1) Accenture "U.S. Innovation Survey: Clear Vision, Cloudy Execution" 2015
(2) Boston Consulting Group "Overcoming the Innovation Readiness Gap" 2021

• Identify and experience the barriers to innovation in your own organization
• Understand why innovation needs to be managed differently than other organizational functions and activities
• Identify the principles of an effective organizational innovation system
• Learn and practice tools and techniques that lead to creative, breakthrough thinking in your organization
• Explore experimentation and validated learning as a key framework for making decisions under uncertainty
• Improve your ability to harness the creativity and innovative capacity of your team
• Understand how to generate a culture of creativity and the policies and incentives to encourage innovative behavior

• Functional managers
• Divisional leaders
• Executive leaders