Empowering Minds for Innovation & Organisational Success

“Just as energy is the basis of life itself, and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress”
-Ted Levitt-

A global trend for business growth in our highly competitive business environment are increasingly driven by the ability to innovate and not just by making quality products more cheaply or efficiently. In another word, future success and growth will be innovation-driven and not just efficiency-driven. “Innovate or die!” – it’s a reality about organisational survival. The most successful companies of the future will be those that build and sustain vibrant innovation systems within the organisation.

Despite the importance of innovation to commercial success, few companies have mastered the ability to identify, create, and exploit opportunities for innovation on a systematic basis. Why are some organisations routinely more innovative than others? What strategies can be pursued to capture value from innovation? What capabilities must

be developed in order to ensure that a firm responds effectively to sudden and dramatic technological or market changes? These issues - among the greatest challenges facing general managers across a variety of industries - will be explored in this workshop.

Workshop Objectives

At the end of the Workshop, participants will gain the following benefits:

• Understand the urgency and critical needs for Innovation in today’s business environment
• Develop a strategy for building Innovation management systems – a Customer-Value and Market focused practice for business growth
• Understand the nature and key success factors for developing and cultivating an Innovation-driven performance culture within your organisation
• Learn how to analyse and work effectively as a team to come up with innovative solutions that add values to your organisation

Content

Innovation - Empowering the Minds
• A time of rapid change, instability and uncertainty
• Compelling Mission and Vision
• A Spirit of Passion for the Possible
• Seeking Opportunities, Managing Risk and Gaining Rewards

Innovation – Seeing the Big Picture
• Creating Customer Value
• Market Changes and Internet Power Shift
• The Challenge and Discipline of Innovation
• Designing Effective Process, Structures and Support Systems
• Maximise the values created through innovation
• Building Capabilities for Execution

Value Creation and Analysis
• Proactive and Strategic Advantages
• Comparative and Compensating Strategies
• Time, Place, and Initiatives
• Innovation Plan

Building and Sustaining a Results-oriented, Customer-focused Culture
• The Invisible Force
• Creating a Value-driven Culture
• Sustaining a Customer-focused and Innovation Culture
• Empowerment – Tapping into Your Talents
• Performance Coaching

Innovation Teams
• Authority and Alignment
• Adversity to Advantage
• Creativity, Efficiency, Effectiveness and Decision Making
• Communication and Coordination

Innovation Enterprise
• Overcoming Blockages to Innovation
• Know the Road Signs of Danger
• Innovation Motivators

Methodology

This course will be conducted with a combination of lectures, group discussion, case studies, exercises, role plays, video viewing and group presentation. Participants will deepen their understanding by engaging in Group analysis, sharing and development workshops.