MANAGING INNOVATION BBS209

What is your sphere of influence?

Don’t be passive. Take existing ideas, goods or services and make them better.

Managing innovation is the difference between having potential and seeing that potential come to life and learning to make the most from your ideas and products.

This course is unique! Conceived and developed by ACS staff from both the UK and Australia, that includes science, business and education professionals. Professional innovators have collaborated to blend their experience of more than 150 years working across many industries to create this course.

Learning objectives:
Recognise types of innovation, and how we use innovation.
Define creative thinking and explain its association with innovation.
Explain design thinking and its association with innovation.
Describe innovation as a process and its application to organisations.
Identify risk management strategies when formulating new innovative products or services.
Explain the purpose of journey maps as a tool in understanding consumer behaviour.
Explain how innovations are implemented.

Learn with us, learn skills to:
Be more creative
Be more effective
Be more productive
Be more innovative

There are 9 lessons in this course:

Lesson 1: Scope and Nature of Innovation
Innovation VS Improvement
Why Innovate?
Types of Innovation
Adoption of Innovations
Developing Innovative Products or Services
Models of Innovation

Lesson 2: Creative Thinking
Creativity and Innovation
What is Creative Thinking
What Make Employees Creative
Ways to Improve Creativity
Creative Thinking VS Critical Thinking

Lesson 3: Design Thinking
Design Thinking and Innovation
Design Thinking Process
Association with Innovation
Applications of Design Thinking

Lesson 4: The Process
Innovation Process
Continuing Innovation
Case Study

Lesson 5: Managing Risk and Problems
Managing Risk
Risks Associated with Innovation
Scaling Innovation
Enhancing Employee Innovation
Innovative Identification of Risks and Risk Management

Lesson 6: Types of Innovation
Innovation Types
Innovation Matrix
The Innovation Lifecycle

Lesson 7: Prototyping
Why Prototype?
Product Failures
Types of Prototyping

Lesson 8: Journey Mapping
How to Write a Journey Map

Lesson 9: Implementation
Pilot Testing
Planning
KPIs and Tracking
Roll Out, Bringing to Market
Benefit Realisation

Looking to build entrepreneurship and innovation into a business and management qualification? Talk to us today.
Not every course in this field will lead you into the corporate world.

Depending on your interests you might be considering:
Agriculture
Communications
Computing
Information technology
Environmental studies
Sport and leisure
Hospitality and tourism…

All of which have specialisations incorporating business and management. It’s a diverse field of study. You’ve possibly already got some background and are ready to gravitate towards the emerging fields such as entrepreneurship and innovation.