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.Programme Structure
Courses include:
- Types of innovation (closed versus open, radical versus incremental, architectural versus modular, blue versus red ocean etc.)
- Contemporary innovation approaches- Open Innovation tools (Crowdsourcing, Lead Users, Innovation Intermediaries, Design intermediaries, Innomediaries, Open Source)
- Choosing the right open innovation tool for different problem sets
- The innovation process from ideation to retention
- The challenges of implementing innovation
- The drivers of innovation success (e.g. ambidexterity)
Key information
Duration
- Full-time
- 19 days
Start dates & application deadlines
- StartingApply anytime.
- We have no fixed deadlines and you can apply for any course up until the point it is filled. We suggest you apply as early as possible.
Language
Credits
Delivered
Disciplines
Innovation Management View 44 other Short Courses in Innovation Management in United KingdomWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at London School of Economics and Political Science and/or in United Kingdom, please visit Student Insurance Portal.
Other requirements
General requirements
This course is suited to future managers and executives, who want to better understand the key facets of managing innovation, explore the latest best practice and gain first-hand experience applying key principles of social business development.
Tuition Fee
-
International
3950 GBP/fullTuition FeeBased on the tuition of 3950 GBP for the full programme during 19 days. -
National
3950 GBP/fullTuition FeeBased on the tuition of 3950 GBP for the full programme during 19 days.
- Student rate: £2,950
- Standard rate: £3,950
Living costs for London
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.