Disruptive Innovation Managing Radical Change For High Growth
This training is designed to enable an organisation to achieve and sustain superior performance – measured in terms of profitable growth – often through a radical change in its complete business model.
Course Description/Objectives
Organizations who fail to disrupt will soon disappear. In the current VUCA world disruptive innovation is the futureproofing that the business will exist.
Managers who cannot innovate will stagnate their business unit result, kill the entrepreneurial spirit in their team, increase turnover of high performing employee and finally contribute to the death of the business.
This training is designed to enable organizations achieve superior performance by breaking all barriers that stifle innovation thinking and radical change.
You will learn to:
Understand the potential strategic impact of innovation
Identify the opportunities for disruptive innovation in your organisation
Implement disruptive innovation programs within your organisation
Minimise the risk associated with disruptive innovation
Manage enabling and disruptive innovation in all your activities
Course Content
THE STRATEGIC SIGNIFICANCE OF INNOVATION
- Why Innovate? – The Strategic Relevance of Innovation
- Complexity and Non-linearity in 21st Century Business Development
- When and How Disruptive Innovation was First Introduced
- Differences between Enabling Innovation and Disruptive Innovation
- When is Disruptive Innovation, an appropriate strategic approach?
- What can we learn from the experience of successful disruptors?
- Deciding which Innovation – enabling or disruptive?
THE CONCEPT OF DISRUPTIVE INNOVATION
- Assessing the Potential Impact of a Disruptive Innovation
- Innovation in Product and Service
- Innovation in Supply Chain Design and Relationships
- Innovation in Business Model and Organisational Structure
- Corporate Incubation – How to Upscale a Viable Disruptive Innovation?
- Preparing Your Teams for Disruptive Innovation
HOW DOES DISRUPTIVE INNOVATION WORK?
- Analysing and Evaluating Risk – Disrupt or Be Disrupted?
- Monitoring and Managing Risk.
- Guidelines on the Implementation of Disruptive Innovations
- Disruptive Innovation in New Product Development
- Disruptive Innovation via the Research Laboratory
- Disruptive Innovation in Organisational Development
- Aligning and Integrating Innovation with Established Practice
GETTING ORGANISED FOR DISRUPTIVE INNOVATION
- Good Ideas Can Come From Anywhere
- Processes and Mechanisms for Generating New Ideas
- Use of Data Mining to Generate Innovative Ideas
- Internal / External Open Bidding as a Source of Ideas
- Feasibility Studies as a means of Screening for Viability
- Has Innovation become a core competency?
- The Ten Elements of the “Innovation Spectrum
MANAGING DISRUPTIVE INNOVATION
- Ideation and the Process Approach to Innovation
- Creating an Innovation Culture in Your Team
- Acquisitions, Networks, and Alliances as Disruptive Mechanisms
- Activity Integration or Separation Following Disruptive Innovations
- Financial Justification and Methods for Disruptive Innovations
- Measuring the Impact of Disruptive Innovations
- Evaluating Our Ability to Implement
- Overview and Personal Action Plans
Training & Benefits
See this course training methodology, organisational impact, personal impact, and criteria for attendance.
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