Innovation Management London School of Economics and Political Science

Overview

Key facts

Whether it is the fortune 500 companies that have used innovation to transform their businesses (e.g. Proctor and Gamble and Apple) or even start-ups (such as Istockphoto); innovation is disrupting markets and altering the nature of industries.

According to Innosight’s corporate longevity forecast, half of the S&P 500 is forecasted to be replaced in the next ten years unless they continue to innovate, making it a top priority for executives. The Accenture 2015 Innovation survey concurs stating that 84% of executives consider that their future success depends on innovation. This makes being able to understand and manage innovation a critical skill in every business moving forward.Based on recent leading-edge research, London School of Economics and Political Science's Innovation Management course will give you the concepts, theories, insights, and tools necessary to inspire and empower you to better manage innovation, in some ways helping you to pre-empt the high failure rates associated with innovation in the real world. Particular emphasis will be placed on more contemporary forms of innovation such as open innovation.Interactive case studies and innovation exercises form an integral part of the course as innovation cannot simply be taught but must be experienced. The course also integrates and deepens your knowledge, insights and skills through a group project that requires you to innovate a solution to a challenging social problem using tools taught to you in class.