STRATEGY IS INNOVATION: HOW THE LEADERS OF TOMORROW CREATE THE FUTURE

ONLINE CERTIFICATE COURSE

OBJECTIVE

This course is developed based on Prof. Vijay Govindarajan’s framework for Leading Innovation using the 3 Box Solution Model.

Companies large and small are seeking non-linear growth and hence driving innovation has become a priority.Yet, many companies struggle to bring their big ideas to life. This is because the real innovation challenge lies beyond just the idea, in the long journey from imagination to business impact.

In this course participants understand how to manage the competing demands of running today’s business while creating tomorrow’s. In particular, the course is designed to allow participants to gain knowledge, insight, and analytical skills and apply the 3-Box Framework for Leading Innovation,which includes:

a) Managing the Present:

– Core Competencies

– Concept of Business Model

– Dominant Logic

b) Selectively Forgetting the Past

c) Creating the Future:

– Strategic Intent

– Next Practices

– Innovation Execution

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COURSE HIGHLIGHTS

  • Interactive Lecture
    43 Interactive Lectures
  • Case Studies
    2 Case Studies
  • Real World Applications
    11 Real World Applications
  • Peer Learning
    6 Discussions

SYLLABUS

Framework

a) Introduction to 3-Box Framework

b) Good Examples of 3-Box Thinking

c) Bad Examples of 3-Box Thinking

d) Strategic Balance and Examples

 

Application

a) 3-Box Time Allocation to Your Company

b) Evaluate Box 2 and 3 Frameworks for Your Company and Industry

Pre-Work

a) Watch: Apollo 13 movie

 

Framework

a) Strategy Architecture and Strategic Intent

b) Strategic Intent – Apollo Program and Marathon Race

c) Core Competencies and Honda Example

 

Application

a) Create and Evaluate Your Company’s Statement of Strategic Intent

b) Evaluate Your Company’s Core Competencies

Framework

a) Reverse Innovation – Introduction

b) Example of Reverse Innovation –GE Healthcare, Narayana Hridayalaya, Artificial Leg, $300 House

c) How to Select Box 3 Ideas

d) How to Scope Each Idea

Application

a) Generating Box 3 Ideas – Non-Linear Shifts and Weak Signals

b) Selection of Box 3 Ideas

c) Scoping out Selected Ideas

d) Box 3 Idea’s Potential in New Markets

e) Modifications to Serve New Markets

Framework

a) Understanding Innovation Execution & Challenges

b) Overcoming the 6 Innovation Challenges

c) Critical Assumptions

d) Designing Innovation Experiments

e) Avoiding Common Errors

 

Application

a) Applying the 6 Challenges Framework to Your Innovation Idea

b) Identifying Critical Assumptions

FACULTY

  • Vijay Govindarajan
    Vijay Govindarajan
    Coxe Distinguished Professor of Management
    Tuck School of Business At Dartmouth

LEARNING EXPERIENCE

EMERITUS follows a unique online model. This model has ensured that nearly 90 percent of our learners complete their course.

  • OrientationOrientation Week
    The first week is orientation week. During this week you will be introduced to the other participants in the class from across the world. You will also learn how to use the learning platform and other learning tools provided.
  • Goal SettingWeekly Goals
    On other weeks, you have learning goals set for the week. The goals would include watching the video lectures and completing the assignments. All assignments have weekly deadlines.
  • Video LecturesRecorded Video Lectures
    The recorded video lectures are by faculty from the collaborating university.
  • Live WebinarsLive Webinars
    Every few weeks, there are live webinars conducted by EMERITUS course leaders. Course leaders are highly-experienced industry practitioners who contextualize the video lectures and assist with questions you may have regarding your assignments. Live webinars are usually conducted between 1 pm and 3 pm UTC on Tuesdays and Wednesdays.
  • Clarifying DoubtsClarifying Doubts
    In addition to the live webinars, for some courses, the course leaders conduct Office Hours, which are webinar sessions that are open to all learners. During Office Hours, learners ask questions and course leaders respond. These are usually conducted every alternate week to help participants clarify their doubts pertaining to the content.
  • Follow-UpFollow-Up
    The EMERITUS Program Support team members will follow up and assist over email and via phone calls with learners who are unable to submit their assignments on time.
  • Continuous Course AccessContinued Course Access
    You will continue to have access to the course videos and learning material for up to 12 months from the course start date.

EMERITUS Program Support Team

If at any point in the course you need tech, content or academic support, you can email program support and you will typically receive a response within 24 working hours or less.

 

Device Support

You can access EMERITUS courses on tablets, phones and laptops. You will require a high-speed internet connection.

 

EMERITUS Network

On completing the course you join a global community of 5000+ learners on the EMERITUS Network. The Network allows you to connect with EMERITUS past participants across the world.

ADMISSION & FEES

DURATION AND COURSE FEE

  • 2 Months
  • 2 – 4 hours per week
  • Course Fees USD 1400

PAYMENT

  • You can pay for the course either with an international debit or credit card (unfortunately we are unable to accept Diners credit cards), or through a bank wire transfer. On clicking the apply now button below, you will be directed to the application form and the payment page.
  • We provide deferrals and refunds in specific cases. The deferrals and refund policy is available here.
  • You will be provided a course login within 48 hours of making a payment.

APPLICATION PROCESS

  • Please provide your work experience and your current employer via the application.
  • You can apply by clicking the Apply Now button

FAQs

For any questions regarding Emeritus, the learning experience, admission & fees,  grading & evaluation please visit ONLINE CERTIFICATE COURSE FAQs

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