Course Profile

This course will enhance the capability of the learner to design new concepts and then convert them into prototypes.

Course Objectives

To enable the learner to:

• design a competitive advantage for their organization through innovation.

• design innovative solutions to problems in their functional area.

• apply tools of innovation for formulating new concepts and designs in key innovation sensitive areas.

• deploy the innovation development process for converting new concepts into prototypes.

• leverage patents for learning the state of the art knowledge in a knowledge domain relevant to the innovation.

Learning Process

The learner needs to extract the key learning points regarding innovation and its correlation with organizational growth, the parameters that distinguish innovation and the tools which can be utilized to design innovations and convert them into successful prototypes.

Course Structure

• Utility of Innovation

  • Innovation: Why?

  • The value of innovation to an organization or to the economy.

• Innovation: What?

  • Parameters that define innovation

  • Types of innovation

• Innovation How?

  • Tools of innovation.

    • Triggers of innovation.

    • Challenging the dominant mental pattern.

    • Fusion with multiple domains.

    • Fusion with IT.

    • Fusion with Nature.

  • Innovator's framework.

  • Leveraging patents.

• Innovation Development Process.

  • Ideation to prototyping and testing.

• Innovation success and failure pattern.

  • Analysis of innovation successes and failures.

  • Formulating a pattern of success or failure of innovations.

  • Parameters that can be used for selecting innovation designs for prototyping.

• Innovation Hotspots.

  • Identifying areas in the organization with a maximum return on investment in innovation.

  • Identifying problems where innovative solutions are required.

  • Applying tools of innovation to innovation hotspots and generating innovative solutions.

  • Developing the designs of innovative solutions.

• Patents

  • Filling knowledge gaps during the innovation development process through patent databases.

  • Utilizing patents as sources of state of the art knowledge regarding any component of the innovation.