Managing Innovation, Change and Growth

Macquarie Graduate School of Management
Sydney, NSW, Australia

Course Format: Classroom | E-learning | Virtual Class | Online/Live | On-site/In-house | Blended | Self-paced

Course Description:

'' People promoting innovation are typically creative. Leaders combine creativity with strategic skills, broader business acumen and change management skills to deliver growth. This program addresses these areas through providing participants access to best thinking in an engaging and challenging program.

You will learn all the tools utilised in the various functions of the business needed to mobilise resources towards growth fuelled by innovation.

Increasingly, innovation is at the centre of organisation’s growth strategies. Moving onto a new growth platform may involve entering new markets, launching new products and services, introducing a new business model or developing different distribution channels.

While we understand the importance of innovation, both organisations and individuals can struggle with successfully implementing such initiatives. A key reason is that innovation requires different organisational capability to managing business as usual. Managing today requires control, discipline and processes; building tomorrow requires insight, strategic thinking, broad business understanding and both influencing and change management skills.

Content

New growth platforms can arise from meeting or developing market needs, or by leveraging internal resources to find opportunities. The Managing Innovation, Change and Growth program explores the innovation imperative and why old business models can constrain growth. Strategic models from Five Forces, Hamel’s Innovation Revolution, Blue Ocean Strategy and Prime Mover / Fast Second through to Disruptive Innovation will be explored. You will come to learn the tools needed to look at your marketplace differently.

Not all organisations can re-invent themselves to exploit new market opportunities. This program discovers how to leverage organisational competencies to create new opportunities. The presenters will discuss organisational value chain analysis, identifying competencies and converting these assets into opportunity.

Innovators are those in the organisation who are responsible for developing creative initiatives. This program provides innovators with the tools to translate innovation opps into financial plans. We delve into fundamental financial tools such as financial statement analysis, profit & loss and net present value. The presenters will also cover financial modelling, scenario planning, valuing options and budgeting within uncertainty.

Developing innovation ideas is a skill which can be acquired. This program provides an interesting approach to gain insights, brainstorm new ideas and develop new value propositions.

Topics

Market Led Innovation
Resource Led Innovation
Financial Tools for Innovation
Opportunity Identification
Selling your Business Plan
The Challenge of Change
Implementing Innovation
...''

Elements of this syllabus are subject to change.

Phone:+612 9850 9017

School Address/Venue(s):

MGSM
Macquarie University
NSW 2109 Australia

Jobs & Resumes: Sydney
Houses & Roommates: Sydney
Travel Agencies: Sydney

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