MIT Sloan School of Management

Driving Strategic Innovation: Achieving High Performance Throughout the Value Chain

MIT Sloan School of Management

Marketing

About Programme

Why attend Driving Strategic Innovation?

How do the most successful innovators generate more than their fair share of smart ideas? How do they unleash the creative talent of their people? How do they move ideas through their organizations and supply chains that are not only creative but fast to market? The answers to these key questions form the core of this program for business leaders and entrepreneurs who are determined to position their companies for future growth.

Offered jointly with IMD , this course combines marketing, product development, technology assessment, value-chain design, project execution, and talent management in an end-to-end roadmap for achieving breakthrough performance. Drawing on a dynamic and integrative value chain framework created at MIT, participants learn how to build organizational relationships that facilitate knowledge transfer, both within the firm and across the value chain. Business leaders will explore how to successfully manage strategic innovation from concept to commercialization.

Course Topics

Programme Content

Day 1

2:30 PM – 3:00 PM

Registration

3:00 PM – 5:00 PM

Introduction: Observe, Admire and Adapt

5:00 PM – 6:30 PM

Entrepreneurial Dynamics: How to Nail it

6:30 PM – 7:30 PM

Welcome Reception

Day 2

8:00 AM – 8:30 AM

Breakfast

8:30 AM – 9:30 AM

Learning Synthesis

8:30 AM – 12:30 PM

Introduction to the DSI Framework

12:30 PM – 1:30 PM

Lunch

1:30 PM – 5:00 PM

Innovation Dynamics (w/ break)

5:00 PM – 7:00 PM

Entrepreneurial Dynamics: How to Scale it

Day 3

8:00 AM – 8:30 AM

Breakfast

8:30 AM – 9:30 AM

Learning Synthesis

9:30 AM – 12:30 PM

Innovation for Sustainability

12:30 PM – 1:30 PM

Lunch

1:30 PM – 5:00 PM

Why Great Innovations Fail Understanding Strategic Resources

5:00 PM – 5:30 PM

Break

5:30 PM – 7:00 PM

Entrepreneurial Dynamics: How to Sail It

Day 4

8:00 AM – 8:30 AM

Breakfast

8:30 AM – 9:30 AM

Learning Synthesis

9:30 AM – 12:30 PM

Creating and Capturing Value with Strategic Partners

12:30 PM – 1:30 PM

Lunch

1:30 PM – 4:00 PM

Business Model Innovation & Organizational Culture Understanding Strategic Resources

4:00 PM – 4:30 PM

Break

4:30 PM – 7:00 PM

Ambidextrous Leaders: Manage the present, create the future

Day 5

8:00 AM – 8:30 AM

Breakfast

8:30 AM – 9:30 AM

Learning Synthesis

9:30 AM – 12:30 PM

Alien Thinking: The Unconventional Path to Breakthrough Ideas

12:30 PM – 1:30 PM

Lunch

12:30 PM – 4:30 PM

From Value-Chains to Ecosystems

4:30 PM – 6:15 PM

Synthesis: Pulling It All Together

6:30 PM – 8:30 PM

Closing Dinner: MIT Museum

Day 6

8:00 AM – 8:30 AM

Breakfast

8:30 AM – 10:00 AM

Innovation & Teams

10:00 AM – 11:30 AM

Organizational Transformation

11:30 AM – 12:30 PM

Conclusions & Program Closing

12:30 PM – 1:30 PM

Celebration Lunch

Programme Objective

Throughout this course, you will participate in wide-ranging and challenging discussions, intensive group projects, and live case studies, with ample opportunities for interaction with faculty and peers. Past participants form a network of innovative thinkers who continue to exchange ideas long after the course ends.

Program themes:

Incremental and discontinuous strategic innovation are not opposites, they are partners

We love our customers, but we are always out of equilibrium with them

We might serve our customers better by talking with people who are not our customers, and never will be

Good ideas do not just rely on experts, they require non-experts as well

Innovation thrives when ambiguity is both reduced and enlarged

Creating value is not the same as capturing value

Wide-ranging creativity requires discipline

Bottom-up entrepreneurial innovation thrives under strong, self-confident, top-down leaders

Programme Audience

This course is designed for senior executives and entrepreneurs who have significant input into the technology and innovation strategy of their organizations. Participants should play a key role within their organizations where they have the ability and perspective to look up and down the value chain to appraise strategic technology options wherever they arise.

Business leaders who will take away the greatest value from this program include:

CEOs
COOs
CIOs
CTOs
R&D Directors
Other senior executives, and entrepreneurs who are responsible for technology, R&D, and supply chain strategy
Senior executives in charge of strategic innovation or new business development
Teams charged with planning and implementing innovation or value chain strategy

"The course provided a holistic perspective of innovation in industries, the strategic decisions that need to be made in order to create, capture and deliver value, as well as the many factors needed to foster it and make it a continuous capability. It was an inspiring one week journey with lots of learnings and new connections."

"This is one of the best courses for managers and architects who are embarking a transformation journey in their companies. The faculty for the course Bill Fischer and Charles Fine were excellent, ensured that everyone participated and provided tools and techniques for innovation\transformation. The examples provided strengthened the learning. The course content, case studies are perfectly designed and easy to understand."

Programme Benefits

Innovation

Manage the front-end of the innovation process and navigate increasingly unpredictable value chains

Breakthrough Performance

Combines marketing, product development, technology assessment, value chain design, project execution, and talent management in an end-to-end roadmap for achieving breakthrough performance

Personalized Roadmap

Explore your own approach and style to innovation and leave with a roadmap which supports your company’s strategic goals and accelerates change

Mens et Manus

Participate in wide-ranging and challenging discussions, intensive group projects, and live case studies

Certificate

Earn a certificate of course completion from the MIT Sloan School of Management

Testimonials

"Learning the frameworks had an immediate impact on my day-to-day work, and weeks later, Im still using them and sharing the insights with others. The professors are engaging and make the material clear and easy to internalize. The global cohort added real depth to the experience, and the content resonated equally well for entrepreneurs and those from larger organizations."

Hrag N

"It was a high impact week at MIT Executive Education with an inspirational learning experience on Driving Strategic Innovation. The coverage of relevant themes was extensive - with great case studies and relatable personal experiences from the professors. The diverse participants from around the globe offered immense potential for knowledge exchange. A course on Strategic Innovation can easily become a bit philosophical, with a great opening up of the mind but leaving one clueless on how to implement what was learnt in the real world . The course was specifically designed to prevent this potential pitfall and instead delivered on how to carry forward the learning into the real world and help us become more effective in our respective roles in enterprises seeking to transform and drive strategic innovation. This course helped me re-think on topics related to Virtuoso Teams, Organisation Change, the importance of smart skills , and how to create strategic value , capture value in ecosystem and deliver value to customers. Many thanks to professors, Bill Fischer, Charles Fine, Zhike Lei and Duncan Simester for helping us learn the art and science of achieving high performance through out the value chain. Thanks to the DSI cohort of diverse thinker-doers from around the world for the intense collaboration, congenial competition and inspiration!"

Sandhya Ramachandran A

"Overall, an excellent and well-structured MIT program with strong analytical depth. I appreciated the quality of instruction and case material. My only suggestions are to broaden the economic perspectives beyond the U.S. and China to include more diverse and emerging markets, and to consider ending the program slightly earlier to allow participants time to explore Bostons academic and innovation ecosystem. One note on Professor Duncan: while he is a brilliant and engaging storyteller, he tended to sidestep participant questions, which limited deeper discussion."

Yousif A

"The course offers an immersive and hands-on experience in innovation and strategy through a value-chain perspective. The professors deliver outstanding content and actively leverage the cohorts experiences to generate powerful insights. Highly recommended."

Rafael V

"Professors Bill Fischer Charles Fine were great pair modelled to impact knowledge. The experience was memorable and thrilling in every ramification. The training and equipping were classy and invaluable. Special thanks to the IMD team that did a great job. I recommend this program even to leaders that may not afford it."

Okechukwu J

"great overall learning experience, even though the scheduling of the classes could be better"

Ahmed B

"The course provided a holistic perspective of innovation in industries, the strategic decisions that need to be made in order to create, capture and deliver value, as well as the many factors needed to foster it and make it a continuous capability. It was an inspiring one week journey with lots of learnings and new connections, I am happy I was able to participate in it. The lecturers were all very experienced and a pleasure to work with."

Rodrigo B

"Most of the presented material was not new or unknown. However, if we take time from daily work and zoom out with an elevation of 40k feet things would come into perspective and would have meaning."

Faisal A

"Indeed, DSI was very informative, interactive, and interesting course. i have personally learned a lot. i would like to extend my thanks to Prof. Charles Prof. William for the excellent job done. i would also like to thank Prof. Zhike and Prof. Duncan for the interesting insights shared during the course."

Ahmed K. A

"I gained a lot from the DSI programme for my new role in my company. The lectures and practical cases, as well as the guest speakers, were very good to excellent. Two of the lectures were very basic if you already had an MBA background, but the professor responded to participants' requests and adapted the content. Overall, I can highly recommend Driving Strategic Innovation as a joint programme of MIT and IMD."

André R

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Prashansa Uttam

Programme Advisor

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

MIT Sloan School of Management

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Driving Strategic Innovation: Achieving High Performance Throughout the Value Chain | MIT Sloan