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Why Choose this Training Course?
This Disruptive Innovation training course focuses on one of the most important challenges facing all businesses today - innovation. Product and business life cycles are shortening, and the intensity of competition is rising globally. Innovation is now emerging as the most strategically significant aspect of business operations. This takes two forms: (i) innovation that improves product and process efficiency and (ii) innovation that results in a radically different way of doing business. The first can be termed an “enabling” innovation, the second a “disruptive” innovation. An enabling innovation will improve performance in existing operations. A disruptive innovation will take an organisation into a differentiated and potentially leading position.
"Disruptive Innovation" is the subject of this training seminar. This 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.
This PetroKnowledge training course will highlight:
The strategic significance of innovation
The different impacts of enabling and disruptive innovation
Disruptive innovation as a business process
Risk and reward in disruptive innovation
Introducing and developing disruptive innovation in your team
What are the Goals?
By the end of this Disruptive Innovationtraining course, participants will be able to:
Understand the potential strategic impact of innovation
Identify the opportunities for disruptive innovation in your organisation
Implement disruptive innovation programmes within your organisation
Minimise the risk associated with disruptive innovation
Manage enabling and disruptive innovation in all your activities
Who is this Training Course for?
All managers and specialists need to appreciate the critical importance of innovation and its disruptive effect on business and organizational development. This training course is a suitably wide range of experienced line managers and staff:
Strategic and Operational Planning Specialists
Marketing and Commercial Managers
Research & Development Scientists and Technologists
Logistics and Supply Chain Managers
Human Resource Managers
How will this Training Course be Presented?
The training course process is based on a carefully planned combination of highly focused input by the training course leader, using a balanced set of state-of-the-art learning mechanisms. The emphasis will be on learning by examining major decisions on innovation. Above all, the principles and approaches to this subject will be illustrated by reference to real-life organisations with which the seminar leader has been personally involved.
This will be used by following training methods:
Presentations by the seminar leader, including case examples
Group work on case studies: analysis, interaction, and discussion
Presentations by subject experts on aspects of innovation
Focused problem-solving, including “outside the box” thinking
Decision analysis in different strategic and competitive conditions
In sending participants to thisDisruptive Innovation training course, the organisation will gain the following benefits:
A more professional approach to innovation, change, and development
Introduction of innovative thinking into all levels of the organisation
Top management having more confidence in the decisions of staff
A creative approach to planning at strategic and operational levels
Sharply focused views on the changes required for success
More effective programme and project implementation by managers
In attending this training course, the participants will acquire the following skills and competencies:
Extended scope and range of personal potential
Improved creativity in developing the business
Detailed understanding of the strategic impact of innovation
Greater confidence in introducing new ideas and practices
Innovative approaches in sustaining profitable growth
Understanding of best practice in innovation and how to apply it
Day One: 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 innovatio
When is a disruptive innovation, an appropriate strategic approach?
What can we learn from the experience of successful disruptors?
Deciding which innovation – enabling or disruptive?
Day Two: 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
Day Three: How Does Disruptive Innovation Work?
Analysing and evaluating risk – disrupt or be disrupted?
Monitoring and managing risk – decisions on the next stage
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
Day Four: 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”
Day Five: 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 disruptive innovations
Overview and personal action plans
On successful completion of this training course, a PetroKnowledge Certificate will be
awarded to the delegates
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