Disruptive Innovation Strategy: Innovate to Disrupt your Industry
Disruptive Innovation Strategy: Innovate to Disrupt your Industry
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Programme Overview
Smart agile upstarts are disrupting established incumbent industries and their boundaries, creating and scaling new businesses in markets that might not have historically existed. These disruptive innovators are redrawing the structure of industries and establishing new orders, leveraging technology, great product design and disruptive innovation business models. In this program, you will learn how to disrupt incumbent industries, and if you are an incumbent, you will learn how to build disruptive business from within, ensuring that you protect your business from potential disruption.
Key Learning Outcomes
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Fundamentals of Disruptive Strategy
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Establish the core concepts and historical context of Disruptive Innovation theory.
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Define the difference between sustaining and disruptive innovations, including the S-curve model.
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Explore the role of First Principles Thinking as a foundational approach to innovation.
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Analyze why great companies often fail to adapt to disruptive threats (The Innovator’s Dilemma).
Incumbent Response to Disruption
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Disruptive Innovation: How Industry Incumbents Respond to Disruption- Challenges and Opportunities: Examine the strategic challenges faced by market leaders.
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Identify the organizational structures and processes that hinder incumbent innovation.
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Study successful and unsuccessful incumbent strategies for fighting or embracing disruption.
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Formulate a framework for creating separate, nimble business units to pursue new growth.
Innovation Mindsets and Culture
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Explore the power of Storytelling for Innovation to inspire action and align stakeholders.
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Differentiate between Intrapreneurship (innovation inside an established firm) and traditional Entrepreneurship.
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Develop strategies for fostering a culture that encourages risk-taking and learning from failure.
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Identify key leadership behaviors that support an innovation-driven environment.
Introduction to Design Thinking
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Bringing Disruptive Innovation Ideas to Life: Introduction to Design Thinking: Introduce the human-centered, iterative process of Design Thinking.
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Outline the five phases of Design Thinking (Empathize, Define, Ideate, Prototype, Test).
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Emphasize the importance of bias towards action and rapid prototyping.
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Apply basic Design Thinking tools to a live or hypothetical innovation challenge.
Deep Dive into User Needs
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Understanding User Needs and Problem Framing: Master techniques for deep empathy and observation to uncover latent customer needs.
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Learn how to synthesize insights to create a clear and actionable Problem Statement.
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Utilize tools like customer journey maps and persona development.
Designing Disruptive Business Models
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Disruptive Business Models: Analyze the components of a business model (Value Proposition, Key Resources, Revenue Streams, etc.).
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Study examples of inherently disruptive business models (e.g., subscription, platform, freemium).
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Develop new business model options that complement a disruptive product or service idea.
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Learn how to use prototyping and testing to validate the viability of a new business model.
The Admission Process
Begin your path to professional and personal growth with our straightforward enrollment process.
1. Click on the Apply Now button.
2. Select the number of participants to enroll on the programme and then fill in your detials.
3. Request for an invoice or make an instant payment via our secured payment gateway.
4. Upon confirmation of payment, a programme manager will get in touch with you at least three days before the programme commences.