Systematic Innovation Management
Master techniques to create and maintain a culture of continuous innovation, enabling organizations to adapt, compete and thrive in dynamic markets.
Master techniques to create and maintain a culture of continuous innovation, enabling organizations to adapt, compete and thrive in dynamic markets.
Transform your organization's approach to innovation with this comprehensive course from IIMBx. Move beyond ad-hoc or 'jugaad' methods to a systematic, 8-step approach for enhancing innovation capacity. Learn to build an innovation pipeline, improve idea velocity, and maximize business impact. This course covers everything from creating a challenge book to designing low-cost experiments, suitable for startups and large organizations alike. Discover industry best practices and apply practical tools to make your organization more innovative, regardless of your sector or business model.
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What you'll learn
Understand the concept and importance of innovation in business and entrepreneurship
Learn to transition from ad-hoc to systematic innovation processes
Develop skills to create and manage an innovation pipeline in your organization
Master techniques for improving idea velocity and enhancing business impact
Learn to create a challenge book articulating key organizational challenges
Develop strategies for building and sustaining participation in innovation activities
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
Limited Access access
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There are 5 modules in this course
This course offers a systematic approach to building and managing innovation capacity in organizations. It addresses the common challenge of ad-hoc innovation activities by providing a structured, 8-step method to enhance innovation capabilities. The curriculum covers fundamental concepts such as defining innovation in a business context, understanding its importance, and transitioning from 'jugaad' (improvised) solutions to systematic innovation processes. Students will learn how to create an innovation pipeline, improve idea velocity, and increase business impact through practical tools and industry best practices. The course is designed to be applicable across various organizational contexts, from startups to large corporations, and across different sectors. Key topics include creating a challenge book, building participation in innovation activities, designing low-cost experiments, rapid prototyping and incubation, business model iteration, and creating an innovation sandbox.
Introduction
Module 1
Lay the foundation and create a challenge book
Module 2
Build participation and Experiment with low-cost at high-speed
Module 3
Go fast from prototyping to incubation and Iterate on the business model
Module 4
Build an innovation sandbox and Create a margin of safety
Module 5
Fee Structure
Instructors
Distinguished Innovation Scholar and Academic Leader
Rishikesha T Krishnan serves as Director of IIM Bangalore and Professor of Strategy, where he holds the Ram Charan Chair in Innovation and Leadership. After earning his MS from IIT Kanpur and Stanford University, followed by a Fellow title (PhD equivalent) from IIM Ahmedabad, he has established himself as a leading voice in innovation management and strategy. His career includes serving as Director of IIM Indore (2014-2018), Mentor Director of IIM Sambalpur, and holding the Jamuna Raghavan Chair in Entrepreneurship at IIMB. Through his extensive research resulting in over 200 publications and two influential books on innovation, including the award-winning "8 Steps to Innovation: Going from Jugaad to Excellence," he continues to shape management thinking while being consistently listed in Thinkers50 India since 2013. His contributions span academic leadership, entrepreneurship, and policy advisory, including serving on boards of National Payments Corporation of India and participating in government committees on data protection and aviation.
Distinguished Innovation Consultant and Design Thinking Expert
Vinay Dabholkar serves as President of Catalign Innovation Consulting, where he catalyzes organizational transformation through design thinking, innovation culture, and mindfulness. After earning his BTech from IIT Bombay and PhD in Computer Science from SUNY Buffalo, he built a decade of industry experience at Motorola US and Sasken Bangalore before transitioning to consulting. Through his work with organizations like Airbus, Adobe, Oracle, and Mindtree, he continues to influence innovation practices while serving as visiting faculty at IIM Bangalore and IIT Bombay. His book "8 Steps to Innovation: Going from Jugaad to Excellence," co-authored with Rishikesha Krishnan, provides a systematic eight-step process for building innovation capabilities in organizations
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Frequently asked questions
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