Stanford Graduate School of Business

Driving Innovation and New Ventures in Established Organizations

Stanford Graduate School of Business

Entrepreneurship

Application Deadline Approaching

Last date to apply: February 26, 2027 · Program starts on April 11, 2027

About Programme

Innovation is not just for startups. Established organizations often have the greatest potential to innovate, from incremental improvements to transformational growth. Driving Innovation and New Ventures in Established Organizations uses multiple in-depth, real world case studies across industries to provide a comprehensive, evidence-based view of how innovation succeeds at scale. Grounded in Stanford research, the program equips leaders with proven frameworks to identify, evaluate, and scale new opportunities. Through interactive, faculty-led sessions, you will engage with research, analyze cases, and apply your learning to practical innovation challenges with the experience and insight from your executive peers.

Programme Content

Why do established companies need to innovate? Does it make more sense to incubate internally or create a new external venture? Should you buy or build?

Innovation is not easy, especially in established organizations. Coming up with the right ideas is the first step. Figuring out how to sell them, get support, and implement takes a unique set of innovation skills and innovative leadership.

The organizational innovation curriculum in the Driving Innovation program is carefully designed for senior-level leaders in large companies to help you design, generate, and lead successful innovation. It encompasses design fundamentals, strategy and innovation, and practical tools to use on real-world business challenges. This program will help you answer your most challenging questions, including:

Which ideas are worth pursuing?
How can we find and validate a truly innovative idea for a new product or service?
How do we get buy-in and funding for a new, unproven idea?
How do we build and lead a small, agile team to execute on this venture?
When is the right time to scale the venture and integrate it into the larger organization?

The program combines faculty-led lectures with hands-on experience. During the program, you’ll collaborate with peers and apply the frameworks you learn to real-world innovation challenges. You’ll also have other opportunities to exchange ideas with Stanford GSB faculty and peers through ice breakers, Q&A, and other activities throughout the week.

Below are just a few of the sessions you’ll attend as part of the program.

What are reasonable, and unreasonable, expectations for how AI might transform your business? In this session, we set out to demystify AI, discussing what it is suited for and what falls outside its scope. It explores how AI can be designed not just to automate tasks but to enhance human cognitive capacities, enabling new forms of collaboration between humans and machines. This session also delves into examples of intelligence augmentation, showcasing how AI can assist in creative problem-solving, decision-making, and expanding the boundaries of human knowledge and capability.

In this session, we will examine the most common and substantial barriers to entrepreneurship and innovation within large organizations. These include factors such as internal organization challenges, restrictive decision-making processes, missing competencies (such as the ability to evaluate innovation), institutional and individual attitudes toward risk, organizational politics, and more. You will then identify the set of tools required for overcoming these challenges.

The exponential growth in our understanding of the workings of the human brain has led to a rather startling and maybe embarrassing (even depressing) conclusion.

While the human brain is unique among species in its ability to strategize, conceptualize, hypothesize, memorize, etc., it is now undeniable that most human decisions are shaped by nonconscious instinctual neural systems and processes.

In these sessions, you will first gain an understanding of the workings of the instinctual brain and then leverage that understanding to be more effective at making decisions and influencing others’ (e.g., key stakeholders’) decisions.

Research shows that you will deliver more creative solutions if assigned a task that includes restrictions compared with a task in which you have free reign. It turns out that, with creative tasks, structure helps. This finding also extends to tasks in which people are asked to ideate new products or develop concepts for marketing campaigns. In this session, we will discuss an approach to product ideation that introduces five templates or “recipes” that can help you structure your thinking and develop both incremental and disruptive ideas. We will discuss each template and practice applying it, workshop-style, to your own products or services.

Programme Objective

Learn best practices and tools for implementing innovation, such as the role of AI in creative problem-solving and decision-making, customer-focused innovation, persuasion, and influence.
Develop a comprehensive view of innovation in large organizations through cross-disciplinary case studies spanning finance, strategy, behavioral psychology, organizational design, and culture.
Identify and overcome the challenges that established companies face when trying to innovate.
Collaborate with fellow participants to deepen your learning through shared insights, real-world experience, and ongoing idea exchange.

Programme Audience

Executives with at least 10 years of work experience, in leadership roles that give them the ability and responsibility to start new projects or ventures within their companies or divisions.
Examples of appropriate functions and titles: vice president, managing director, development officer, and director — from medium-size to large companies, from any industry, and from any country
Individuals from one company or multiple participants who — if attending as a two to six-person team — are guaranteed the opportunity to work on their own company project, advancing innovation skills and creating immediate value for their organization
Due to the goals of this program, it is not appropriate for consultants or for those who work for consulting agencies

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Speak with an Advisor

  1. Pedagogy (case method, experiential learning, coaching, simulations)
  2. Testimonials
  3. Programme Benefits
  4. Brochure

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Stanford Graduate School of Business

Executive Education Office

Christine Coli
+1 (650) 723-3341
NA
https://www.gsb.stanford.edu
Stanford, USA

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Driving Innovation and New Ventures in Established Organizations | Stanford GSB