Leading with Innovation
1h 31mIntermediate2022-04-11
Authors

Anil Gupta
Leading expert on strategy, globalization, and entrepreneurship

Haiyan Wang
Managing Partner of the China India Institute
Course details
No company can survive without innovation. Large or small, new or old, for profit or nonprofit, all organizations need to keep morphing to succeed. But how do you nurture nonstop innovation? Strategy experts Anil Gupta and Haiyan Wang outline the core logic of innovation and show how leaders at many companies and nonprofits—including Apple, Amazon, Google and Khan Academy—nurture innovation without losing control. They outline the multiple ways—including design thinking, lean startup, and collaborative innovation—in which any organization can innovate. They also show how companies can change the rules of the game by dramatically redefining the target customer, rethinking the value proposition for the customer, and/or reengineering the value chain. And, they discuss the why and how of digital transformation and social innovation. Use these strategies to uncover new pathways to innovation at your organization.
Learning objectives
Fundamentals of innovation
Fostering creativity without losing control
Design thinking
Lean startup
Redefining customer value
Digital transformation
Social innovation
Frugal innovation
Learning objectives
Fundamentals of innovation
Fostering creativity without losing control
Design thinking
Lean startup
Redefining customer value
Digital transformation
Social innovation
Frugal innovation
Skills covered
Business StrategyBusiness Analysis and StrategyLeadership and ManagementOne-Off
Concepts
Introduction
- Lead with innovation
The Fundamentals of Innovation
- Why organizations stumble at innovation
- The core logic of innovation
Nurturing the Innovation Process
- Novel combination of existing ideas
- Foster creativity without losing control
- Experimentation and the lean start-up process
- Design thinking
- Collaborative innovation
- Corporate skunkworks and innovation
Different Types of Innovation
- Reimagine the target customer
- Redefine customer value
- Reengineer the value chain
- Frugal innovation
- Digital transformation
- Social innovation
Conclusion
- How to nurture order and chaos
- Next steps