Innovation: From Plan to Product
Develop a thorough understanding of the concepts behind innovation, including business planning, product development, and other related topics.
Intermediate
Online
10 Weeks
Free Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Innovation: From Plan to Product online certification is designed by The University of Queensland and taught by Tim Kastelle - Associate Professor at The University of Queensland, Anna Jenkins - Senior Lecturer in Entrepreneurship and Innovation at The University of Queensland, and Rachel Fitzgerald - Associate Director of Online Education at University of Queensland Business School, which is delivered by EdX for the candidates who want to master the fundamentals and more complex concepts of product development.
Candidates willing to enrol in the Innovation: From Plan to Product online training must have a prior understanding of the concepts associated with business processes to build an innovative business model using the most efficient techniques, such as forecasting, prototyping, consumer identification, and financial modelling. Innovation: From Plan to Product online course incorporates approximately 10 hours of video-based lectures that cover topics like testing innovation, design innovation, valuing innovation, value chain, operational management, risk management, and more. This is a free programme offered by EdX and the candidates can upgrade their enrolment by paying the course fee and get unlimited access to the self-paced course.
The Highlights
- Shareable certificate of completion
- Self-paced course
- 8-10 hours of effort
- 10-week program
- 100% online content
- Flexible deadlines
Programme Offerings
- English video lectures with multiple subtitles
- 100% online content
- Learning resources
- Graded Assignments
- Accessible on mobile devices
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | The University of Queensland, Brisbane |
What you will learn
After completing the Innovation: From Plan to the Product certification course, candidates will develop an in-depth understanding of the principles of innovation for concepts involved with planning and production. Candidates will explore strategies involved with business plans, business models, management frameworks, designing innovation, testing, innovation, valuing innovation, industry networks, and value chains as well as will acquire expertise in decision-making and problem-solving. Candidates will also acquire knowledge of the methods involved with risk management, operational management, and implementation management.
Who it is for
The Syllabus
- Analyze the factors that lead to the failure of innovation
- Explain and apply the role of the business model in capturing value from innovation
- Introduce value chains and their use for innovation including within industry networks and multi-business projects
- Identify how design thinking can help innovation, including technologies that can be used during the designing and testing of innovation concepts
- Describe how portfolio approaches can be used to scale up innovation
- Introduce valuation, discounted and dynamic cash flow modeling and the relationship between financial tools and innovation
- Outline project management tools for use in innovation projects including stage gate, network and knowledge management
- Demonstrate competence in adapting and applying the strategic and operational managerial frameworks and tools necessary for innovation
- Identify the value of innovation business plans
- Explain how organizations respond to shifting workplace dynamics, customer expectations or technological advances