The world’s best e-courses on Innovation Management

This autumn, we gathered some of the best 21st century courses on Innovation Management for you. While specialist courses at Insead, Berkely or IESE are extremely good, they are expensive and intense. You don’t want to get into the hussle of persuading your employer you’re worth the 50K investment, but still want to learn something? Go for one of the following excellent online courses on innovation (management):

  1. Innovation Management Game – individual course
    The Innovation Management Game is “a serious game for serious professionals”. Their individual course lets you battle against well-known innovation companies worldwide by learning and practising the newest theory on innovation management. According to some of their clients “The key learnings from the game for us were especially the multidimensionality of the innovation process inside a company and the idea that companies can influence their innovation success in many different ways” and “It introduces innovation in a learning environment and it is completely different than just learning theory.”
    The price: €495,-
  2. THNK – School of Creative Leadership
    THNK is a worldwide renowned institute for linking Design Thinking with Business Thinking. It has an online course, Start Innovating Now, “to build your innovation muscle, and come up with real innovations. An innovative real-life course that will keep you on your toes.” Or as someone says it on their website: “I use TNKS’s innovation process and tools to brainstorm new ideas, synthesize them into innovations that scale and then prototype, test and finetune them.”
    The price: €945,-
  3. Entrepreneurial Leadership – Babson College
    The definition of a short course: it takes only 30-60 minutes to complete. But who doesn’t want a glimpse of the world’s best school on entrepreneurship education?
    The price: $59,99

Any other suggestions? Please let us know.

The future of planes: one huge artificial window

The Center for Process Innovation in the UK has released a video that shows the ‘plane of the future’… without windows to decrease weight and CO2 emmission and to increase comfort. A beautiful example of Open Innovation where Aerospace Engineering meets Consumer Electronics meets Sustainability.

Read full article: The future of planes: one huge artificial window

Barroso about boosting innovation in the European Union

viEUws just published an exclusive video interview in which José Manuel Barroso, the outgoing President of the European Commission, talks about what needs to be done to boost innovation, competitiveness and business in the European Union. Barroso discusses the benefits of TTIP (the EU-United States trade deal) for Europe, identifies measures to improve access to credit for SMEs as well as ways to boost Europe’s skills & innovation, including the impact of Horizon 2020.

Read full article: Barroso about boosting innovation in the European Union

The Rise of Innovation Districts in Europe

According to High Tech Campus frontman Bert-Jan Woertman, building bridges between innovation district is the way forward. He follows up upon a recent publication of Brookings Institution, The Rise of Innovation Districts, and benchmarks the Technology Region of Southern Netherlands with districts mentioned in the report. So, this would be a form of open innovation of open innovation regions.

According to Katz and Wagner, Innovation Districts are: “a new complementary urban model is now emerging, giving rise to what we and others are calling “innovation districts”. These districts, by our definition, are geographic areas where leading-edge anchor institutions and companies cluster and connect with start-ups, business incubators and accelerators. [….] Our most creative institutions, firms and workers crave proximity so that ideas and knowledge can be transferred more quickly and seamlessly.”

Read full article: High Tech Campus Eindhoven – Campus Newsletter

Disruptive Innovation: why the theory absolutely makes sense.

Recently, there has been some debate about whether or not the theory about Disruptive Innovation should be followed upon by business leaders or not. In her article The Disrupting Machine Jill Lepore suggests that the theory is based upon flawed assumptions. Many articles have tried to support Lepore – such as John Parkinson – and many others, including Christensen and Irvin Wladawsky-Berger have tried to proof why it’s a trustable theory.

But the discussion is about the wrong topic: it shouldn’t be about whether or not the theory is suitable, it should be about whether or not theories could ever be undiscussible. They can’t. Theories are build upon models; aggregated from results, averages of true situations and therefore there will always be examples of situations in which they don’t seem to fit. That is the nature of theories. Reality is far more complex than theories could ever describe and business owners and leaders should always keep that in mind before rigurously implementing one single strategy based upon a certain theory.

We should embrace scholars who use true data to gather results, analyse them and draw significant conclusions. But we should even more embrace scholars who have the courage to use their intuition and vision to fill in the gaps – and of course make those steps clear to the reader – and create possible new ways of thinking about ongoing matters. It is them who have changed management and business in general.

Please read the article below for another way of looking at disruptive innovation – and sustainable innovation.

Read full article: Disruptive Innovation: why the theory absolutely makes sense.

Where does ‘The Innovation Funnel’ come from? A short history.

This great article from 2011 by Gerry Katz provides us with an overview of the different models that have been developed around innovation processes and New Product Development. In short:
— 1980: New Product and Development Service Process (Hauser)
– 1986: Stage Gate (Cooper)
– 1992: Innovation Funnel (Wheelwright & Clark)
– 1992: New Product Development Funnel (McGrath)
– 2005: Innovation Funnel (MIT)

And he proposes a new design in the end. The article, however, misses the evolution of Open Innovation.

Read full article: Where does ‘The Innovation Funnel’ come from? A short history.

The Innovator Dating Service

This is an interesting article about the role of big data in HR departments and the effect it could have on innovation processes. “In this way, these HR divisions have essentially become dating services. They believe that they will discover their next generation of innovators by using algorithms that evaluate how well potential recruits align with a pre-determined set of qualities that they’re looking for in a match.”

Have you seen HR using big data in this way?

Read full article: The Innovator Dating Service

The Magic of Innovation

Why do certain product and service experiences seem to Undeniable not have that “wow” factor, while others disap- Point customers? Perhaps there’s no better place to turn to than the world of magic. Below, Stefan Thomke and Jason That Randal consider leading magicians are Constantly under pressure to come up with new “effects” that wow audiences. They have to innovate frequently and rely on a systematic way of doing so.

Read full article: The Magic of Innovation