Certified Innovation Management Professional

How It Works

  1. 1. Select Certification & Register
  2. 2. Receive Online e-Learning Access (LMS)
  3. 3. Take exam online anywhere, anytime
  4. 4. Get certified & Increase Employability

Test Details

  • Duration: 60 minutes
  • No. of questions: 50
  • Maximum marks: 50, Passing marks: 25 (50%).
  • There is NO negative marking in this module.
  • Online exam.

Benefits of Certification

$49.00 /-
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Innovation is converting an idea into a good or service which adds value for the customer.  In today’s competitive business environment, it is imperative for companies to innovate to not only sustain but also adapt as per customer needs. Innovation management is an organizational concept, which focuses on developing and maintaining an environment which fosters innovation in an organization. It enables the organization to better address the customer’s requirements, access new opportunities and have a sustainable growth.

*Only online e-learning is provided

Why should one take this certification?

Certification in innovation management helps candidates to better understand the barriers in fostering innovation and how to select an suitable idea. The certification will help you to brush up your skills in innovation and makes in you job ready.

Who will benefit from taking this certification?

Certification in innovation management is suitable for executives, team leaders, senior and mid managers, supervisors who are engaged in decision making in organization. Student can also take the certification to improve the innovation management skills and improve their job chances.

Innovation Management Professional Practice Test

https://www.vskills.in/practice/innovation-management-practice-questions

Innovation Management Professional Table of Contents

https://www.vskills.in/certification/innovation-management-professional-table-of-contents

Innovation Management Professional Sample Questions

https://www.vskills.in/certification/innovation-management-professional-sample-questions

Innovation Management Interview Questions

https://www.vskills.in/interview-questions/quality-interview-questions/innovation-management-interview-questions

Apply for Innovation Management Professional Certification

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TABLE OF CONTENT


Why Innovate?

  • Innovate to Energize
  • Innovate for Growth
  • Innovate for Survival

What to Innovate?

  • Vision, Portfolio and Innovation
  • Innovating Experiences
  • Process Innovation

How to Innovate?

  • Voice of the Product
  • Voice of the Customer
  • Fostering Creativity

Who Innovates?

  • Individual Innovator
  • Innovation Teams
  • Innovative Organization

Price-Cost-Value

  • Business Model
  • Systems Thinking
  • Feedback Effects
  • Vision

Hidden Costs, Hidden Benefits

  • Accounting Costs
  • Risk Adjusted Opportunity
  • Hidden Costs
  • Hidden Benefits
  • Sunk Costs

Trade-Offs

  • Value Innovations
  • Trade-Offs
  • Comparative Advantage

Cost Functions: 'Survival of the Fittest'

  • Cost Functions
  • Competitive Markets Economics
  • Competition Niche

People, Knowledge and Machines

  • Adaptive Leadership
  • Free Lunches

Scale and Scope

  • Network Economies
  • Cost Function
  • Commoditization
  • Platform Leadership

Learning Curves Are Made, not Born

  • Learning Curve Concept
  • Loop Thinking

Demand-Driven Innovation

  • Price Sensitivity
  • Market Segmentation

Calculating Risks

  • Risk-Benefit Analysis
  • Decision Trees
  • Scenario Analysis

Competing by Collaborating

  • Game Theory
  • 2x2 Strategy Matrix

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