Strategic Management of Innovation

Programme Objective
Increasingly, innovation has become one of the critical drivers of competitive advantage. Firms that innovate have high profitability, high growth rates and higher chances of survival. Despite the well-known benefits of innovation, firms find it difficult to be truly innovative. In this program, we examine the dynamics of innovation, systematic processes for successful innovation, strategic aspects of innovation, and how to build and sustain innovation-related capabilities. In addition, we will dwell on the institutional antecedents of innovation and its intertwining with competition.

Programme Content
Types and sources of innovations
Disruptive innovations
Open innovation
Business model innovation
Frugal innovation
Battles for technology standards and design dominance
Appropriating the value of innovation
Organizing for innovation
Mastering innovative skills
Design thinking
Innovation in emerging markets

Pedagogy
We will use case studies, discussions, guest lectures, exercises and presentations.

Who Should Attend
Senior managers who are involved in any type of innovation (product, process or business model) and managers of R&D labs.

Programme Fee
INR 1,05,000/- Residential and INR 90,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Early Bird Discount
Nominations received with payments on or before 25-Jan-24 will be entitled to an early bird Discount of 10%.
Early Bird Fee (Residential) INR 94,500/-(+ Applicable GST)
Early Bird Fee (Non-Residential) INR 81,000/-(+ Applicable GST)

Group Discount
Group Discount of 5% percentage can be availed for a group of 3 or more participants when nominations received from the same organization.

Please Note
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme.

The programme fee should be received by the Executive Education Office before the programme commencement date.

In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.

If a nomination is not accepted,the fee will be refunded to the person/ organisation concerned.

A certificate of participation will be awarded to the participants by IIMB.

Testimonial
The programme has helped me in appropriating the value from Innovation. The case studies and Simulation based learning has been extremely effective eg understanding the "Modeling uncertainties". Even though I have been using certain concepts in day to day work, but new perspectives on Business canvas, has been an eye opener. From Simulation games to Lectures on Paradox, in all the programme has been a game changer for me.
- Dr. Uday Mhaskar, Schneider –Electric, Senior Manager

Programme Director

Prof. Sai Yayavaram is a Professor in the Strategy Area at IIM Bangalore. Prior to joining IIM Bangalore, he was with the National University of Singapore for 9 years. He received his PhD in Strategic Management from The University of Texas at Austin, PGDM from IIM Ahmedabad and B.Tech from IIT Madras. He worked as a Consultant in Tata Strategic Management Group, Bombay from 1994-98.

Prof. Yayavaram currently teaches an elective course on corporate strategy to MBA students at IIM Bangalore. As part of Executive Education, he has conducted programmes in strategic management and innovation for several organizations. His research focuses on technology management, complexity and strategic rents and has been published in top-tier international journals such as Administrative Science Quarterly, Strategic Management Journal and Organization Science. He was a finalist at the 2002 INFORMS/Organization Science Dissertation Proposal Competition and was awarded the University of Texas Preemptive Fellowship in 1998. He is currently a Member of the Editorial Review Boards of Strategic Management Journal and Global Strategy Journal. He is also a Editor of Management and Organization Review.

How to Apply

Sample Certificate

Note: Certificate image is for reference to potential participants only and may change at the discretion of Executive Education Programmes Office