Innovation Management
- building an invincible company by sustained innovation
Dr. Tao, a professor of technology management and director of Institute for Innovation and Economic Development, leads executives through a journey of innovation that started from a deep appreciation of how individual brains work in innovation, to enabling everyone to become more innovative, to cultivating innovative teams and conclude with how innovation can lead to not just one successful product, but a long lasting, invincible company.
Many innovation management theories by the top scholars over the last fifty years, Peter Drucker (father of modern management), Clayton Christensen (Harvard Professor, author of Innovator’s Dilemma), Tim Brown (Stanford scholar and CEO of Ideo) will be discussed and practices in the workshop. Through stories, hands-on exercises, team-projects and brainstorming, Dr. Tao guide the executives completing the workshop with a new mindset, a set of usable strategy and a plan to make their company invincible through sustained innovation.
16-hour lecture and workshop for executives
Hour 1-2 Start the innovation journey
- What is innovation
- What is design thinking
- Innovation stories that we can learn from
- “Innovate or die” - is it true
- Discussion the sample and importance of innovation
Hour 3-6 Becoming an innovative individual
- Know how your brain work
- 5 good habits to make you more innovative
- Individual innovation games
- Innovation now! (in class exercise)
Hour 7-10 Build an innovative team
- Why some team are more innovative?
- How to promote innovation in your team
- How the human resources department can help
- Team innovation game
- Reflection on current company policy (in class exercise)
Hour 11-12 Balance between innovation and efficiency
- Efficiency is crucial for survival
- Learn from efficiency stories and theories
- Innovator’s dilemma
- Essential efficiency strategies
- Balance innovation and efficiency
Hour 13-18 Build an invincible company via innovation
- The design thinking and innovation process
- Analyze the market place and trends
- What are the competitors doing
- Change management challenges
- Design new product/services to the markets (in class exercise)
- The long term goal - invincible
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