Strategic Innovation for Business Excellence

About the Program:

The dynamics of technological, environmental, market/social, political, and regulatory factors is making the current business environment complex, there by adding burden on organizations to stay relevant, competitive and achieve business excellence. By channelling the power of data analytics and advanced qualitative and quantitative tools, firms can identify numerous growth opportunities to drive innovation and successfully address these disruptions. Data-driven business and innovation analytics can aid in forecasting the market potential for growth and increased impact. The program focuses on building capabilities on successful innovation through data driven approach and reducing the state of uncertainty fast, giving early warning signs and address where and when trade-offs must be made for business excellence.

The program will be based on EXPERENTIAL LEARNING. We will use case studies, discussions, exercises, and presentations to enhance active learning through group and Individual hands-on exercises.

Session Plan:

Day

Session Theme

Day 1

VUCA and global Challenges, Innovation; Innovation Models: Past, Present and Future

Day 2

Innovation Planning Process/Functional Innovation

Pathway

Day 3

Identifying Innovation needs; Practicing Innovation Analytics

Day 4

Translating customer needs

Day 5

Strategic Integration of AI in Business Functions

Day 6

Practicing Technology and Competitive Intelligence

Objectives:

The program will bring different dimensions to understand business dynamics and will involve application of various Innovation frameworks for new product and service design with compressed timelines.

To Identify WHITE SPACES and NEEDS for Future Innovation

To Plan and reinforce INNOVATION for business excellence

To PRACTICE the innovation and technology Intelligence through Analytics

To SELECT the right Innovation and technology Strategy driving business excellence.

The program will be based on EXPERENTIAL LEARNING. We will use case studies, discussions, exercises, and presentations to enhance active learning through group and Individual hands-on exercises.