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Indian Institute of Management Bangalore

Establishing and Managing Corporate Innovation: Lessons from the Israeli experience Category Name


Venue : IIMB Campus
Last date for registration: 13 Sep, 2019
Start Date : 23 Sep, 2019
End Date : 27 Sep, 2019
Early Bird Discount Date : 02 Sep, 2019
Residential Fee(excluding GST) :  Rs. 1,17,500
Residential Early Bird Fee(excluding GST) :  Rs. 1,05,750
Non-Residential Fee(excluding GST) :  Rs. 1,00,000
Non-residential Early Bird Fee(excluding GST) :   Rs. 90,000

Several centres in India, particularly Bangalore, have emerged as global Research and Development (R&D) hubs for multinational companies. Indian firms have also ramped up spending on R&D and innovation. There is a clear need to improve the business success of these R&D and innovation initiatives to instill an innovation culture in these organizations, and build capabilities in the innovation ecosystem to translate the vast potential for innovation into successful products or services that address read problems even as they provide corporations returns on their investments.

How is it that some companies are able to innovate continuously? A simple answer to this is by being entrepreneurial. The role of intrapreneurship or the capacity to be entrepreneurial within the company is to transform ideas into actual products and services that add value and ultimately award the organization a sustainable competitive edge. Much of competitive edge that many organizations have is due to access to high technology that was once part of a laboratory. However, taking Intellectual Property that is available in laboratories to usable technology requires scientists, technologists and managers to thinking entrepreneurially.

The objective of this course is to impart the best practices to equip participants with tools and techniques that can be leveraged in order to make their teams, laboratories or organizations more innovative. There will be significant learnings from the innovation and start-up experiences in Israel. The three program directors bring varied experience in the area of innovation and entrepreneurship. They collaborate to manage a course helping Indian companies build technology partnerships with Israeli companies, which provides them insights into the relevance of the innovation experience in Israel to the context of India. This course embodies the learnings derived from over four years of collaboration and insights from the earlier two cycles in which the course was offered.

Through lectures, case studies and interactive round table discussions participants will learn – over a four-day learning experience – strategic innovation and entrepreneurship methodologies and learn to link them generate competitive advantage. The core of the workshop is a fundamental understanding of what is innovation on an entrepreneurial, corporate and national level. The workshop reflects intimate knowledge of the Israeli Startup Nation Eco-system in general and the experiences of Israeli innovative companies in particular, while critically examining their significance in the Indian context. Participants will learn lean startup and effectuation techniques to apply these insights and models in their own organizational context. They will also learn how large corporations can organize structures and processes to support innovation.

• Middle to senior level managers who would like to nurture an innovative culture in their organizations

• Scientists and Technologists who would like to transform their Intellectual Property into entrepreneurial ventures

Maximum Participants: 25

• Innovation Core Concepts: Innovation Myths and Realities in the Individual space

• Corporate innovation: managing and organizing for institutional innovation

• Creating Value through Digital Innovation: Framework for Connecting Digital Assets and Strategic Innovation

• The venture Eco-system: The Economics of Innovation and Entrepreneurship

• Lean Methodology: Hypothesis driven learning

• Adapting: Learning from failures

• The Global Brain: Innovating through global networks

PROGRAMME DIRECTORS

Prof. Suresh Bhagavatula

Professor Suresh Bhagavatula is Chairperson, Entrepreneurship Ecosystem Development at the N.S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIMB. His research interests are in two partly overlapping domains – entrepreneurship and social networks. In entrepreneurship, his interests are in both low and high technology firms in India. Within the social network domain, he is interested in understanding the influence of social capital on performance of entrepreneurs and teams. His research work has been published in Journal of Business Venturing (JBV), Entrepreneurship Theory and Practice (ETP), Strategic Entrepreneurship Journal (SEJ), and IIMB Management Review (IMR). In the past, he worked at TRDDC (Tata Research Design and Development Centre), within their mineral processing division, as a process engineer and in KVK (Krish Vigyan Kendra) Visakhapatnam as a Microenterprise coordinator.

 

Prof. Gad Ariav

Professor Ariav is a Visiting Scholar at the Israel Centre @ IIMB. He was a professor of technology and information management and Head of the Max Perlman Center at Tel-Aviv University, dedicated to the study of global business and the promotion of the understanding of global business issues. He was the Academic Director of the MBA specialization in Business Consulting at the Recanati School of Business. He has been on the faculty of Stern School of Business at NYU, Merage school of Management at UC Irvine and Rotterdam School of Management at Erasmus University in The Netherlands. He holds a PhD in Decision Sciences from the Wharton School of Business, University of Pennsylvania. He has followed closely Israel’s entrepreneurial eco-system as the founding Academic Director of TAU’s HTMS (the George Leven High Tech Management School) and is a keen student of the Indian innovation eco-system.

 

Prof. Abhoy K. Ojha

Professor Abhoy K. Ojha is Chairperson, Israel Centre @ IIMB and a professor of organization behavior. He is currently conducting a study on the Israeli innovation system, and is interested in creating an organizational and eco-system context to promote innovation in India. He has been very active in building bridges between Indian and Israeli firms to promote mutual learning and benefits. He obtained his Doctor of Philosophy degree in Organizational Analysis from the University of Alberta, Edmonton, Canada. His has a Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology, Kanpur and a Post Graduate Diploma in Administrative Management from Jamnalal Bajaj Institute of Management Studies (Bombay University), Mumbai. He has undertaken several consulting assignments in the private sector as well as government and public-sector environment.

Programme Fee and Payment

INR 1,17,500/- Residential and INR 1,00,000/- 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 02-Sept-19 will be entitled to an early bird Discount of 10%.

  • Early Bird Fee (Residential) INR 1,05,750/-(+ Applicable GST)
  • Early Bird Fee (Non-Residential) INR 90,000/-(+ Applicable GST)

 

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. Kindly do not make your travel plans unless you receive the letter from IIMB.

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

  • 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.