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
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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